NN
$9.61+0.42%
NextNav Inc.Stock · TechnologyRussell 2000 · 0.06% of IWMNasdaq Composite · 0.009% of ONEQUS Stock Market · 0.002% of VTIRussell 3000 · 0.002% of IWV
NN financial statements
The full income statement, balance sheet, and cash-flow statement for NextNav Inc. (NN), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 126.3M2024-09 128.9M2024-12 131.5M2025-03 132.4M2025-06 133.1M2025-09 134.8M2025-12 135.6M2026-03 136.4M2026-06 168.8M+33.6% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 4.57M-19.3% | 5.67M+46.8% | 3.86M-1.6% | 3.93M+414.5% | 763K+34.1% | |
| Cost of revenue | — | 729K-68.6% | 2.32M-3.0% | 2.39M+929.7% | 232K-74.0% | |
| — | 65.8M-2.4% | 67.4M-3.0% | 69.5M+60.8% | 43.2M+43.8% | ||
| Research & development | 19.0M+16.7% | 16.2M-16.7% | 19.5M+14.3% | 17.1M+80.2% | 9.46M+7.8% | |
| Selling, general & administrative | 39.6M+18.1% | 33.5M+10.5% | 30.3M-17.9% | 36.9M+172.4% | 13.6M+2.3% | |
| General & administrative | 23.8M+18.1% | 20.1M | — | — | — | |
| Amortization of intangibles | 1.50M+25.0% | 1.20M | — | — | — | |
| Operating income | -70.2M-16.9% | -60.1M+5.4% | -63.5M+3.1% | -65.5M-54.5% | -42.4M-44.0% | |
| Interest expense | — | — | — | — | 17.8M+77.8% | |
| Net interest income | -12.4M-32.4% | -9.40M-156.6% | -3.66M-506.7% | 901K+105.0% | -17.8M | |
| Other non-operating income | -9.06M-1034.1% | 970K+540.9% | -220K-19.6% | -184K-607.7% | -26.0K+86.2% | |
| Equity-method income | 58.0K+133.1% | -175K+8.4% | -191K+17.0% | -230K | — | |
| Pre-tax income | -189M-85.9% | -102M-42.2% | -71.5M-78.1% | -40.1M+72.2% | -145M-5.3% | |
| Income tax | 198K+14.5% | 173K-21.7% | 221K+889.3% | -28.0K-153.8% | 52.0K+36.8% | |
| -189M-85.8% | -102M-42.0% | -71.7M-78.8% | -40.1M+72.3% | -145M-5.3% | ||
| Net income to common | -189M-85.8% | -102M-42.0% | -71.7M-78.8% | -40.1M+74.7% | -158M+7.0% | |
| -$1.42-69.0% | -$0.84-27.3% | -$0.66-65.0% | -$0.40+94.1% | -$6.73 | ||
| EPS (basic) | -$1.42-69.0% | -$0.84-27.3% | -$0.66-65.0% | -$0.40+94.1% | -$6.73 | |
| Weighted-avg shares (basic) | 133M+9.4% | 122M+12.5% | 108M+6.9% | 101M | — | |
| Weighted-avg shares (diluted) | 133M+9.4% | 122M+12.5% | 108M+6.9% | 101M | — | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 157M+82.9% | 86.0M-5.7% | 91.2M+49.1% | 61.2M-42.5% | 106M+488.4% | ||
| Cash & equivalents | 44.8M+13.8% | 39.3M-52.0% | 81.9M+73.4% | 47.2M-52.8% | 100M+632.1% | |
| Short-term investments | 107M+163.3% | 40.8M+931.5% | 3.95M-51.9% | 8.22M | — | |
| Cash & short-term investments | 152M+89.9% | 80.1M-6.6% | 85.8M+54.9% | 55.4M | — | |
| Accounts receivable | 2.35M-28.9% | 3.30M+41.6% | 2.33M+7.6% | 2.17M+24.6% | 1.74M+2159.7% | |
| Inventory | — | — | — | — | 4.60M | |
| Other current assets | 2.93M+11.3% | 2.63M-14.0% | 3.06M-14.5% | 3.58M-20.8% | 4.52M+21.6% | |
| 247M+52.7% | 162M-0.3% | 162M+31.0% | 124M-9.5% | 137M+204.7% | ||
| Property, plant & equipment | — | — | — | 19.2M-11.8% | 21.8M+1624.0% | |
| Operating lease right-of-use | 14.9M-14.5% | 17.4M-9.9% | 19.3M+90.0% | 10.1M | — | |
| Goodwill | 19.2M+12.9% | 17.0M-5.6% | 18.0M+2.8% | 17.5M | — | |
| Intangible assets | 42.2M+339.7% | 9.59M-9.8% | 10.6M+2.2% | 10.4M+153.9% | 4.09M-1.2% | |
| Other non-current assets | 1.66M-88.0% | 13.8M+815.0% | 1.51M-16.7% | 1.81M-56.3% | 4.14M | |
| 12.4M+2.0% | 12.1M+23.9% | 9.80M+10.3% | 8.89M+33.0% | 6.68M+57.5% | ||
| Accounts payable | 661K-23.0% | 858K+119.4% | 391K-61.6% | 1.02M+127.5% | 448K-34.1% | |
| Deferred revenue | 491K+70.5% | 288K-3.0% | 297K+212.6% | 95.0K-94.2% | 1.63M | |
| Current lease liability | 2.67M+8.6% | 2.46M-2.4% | 2.52M-0.4% | 2.53M | — | |
| Other current liabilities | — | — | — | 760K | — | |
| 333M+198.6% | 112M+36.0% | 82.1M+311.9% | 19.9M-46.0% | 36.9M-77.7% | ||
| Long-term debt | 274M+400.9% | 54.6M+12.7% | 48.4M | — | — | |
| Non-current lease liability | 12.3M-14.0% | 14.4M-5.2% | 15.1M+186.3% | 5.29M | — | |
| Operating lease liability (total) | 15.0M-10.7% | 16.8M-4.8% | 17.7M+125.9% | 7.82M | — | |
| Other non-current liabilities | 1.78M-1.1% | 1.79M+11.2% | 1.61M+4.3% | 1.55M+18.0% | 1.31M | |
| -86.2M-272.1% | 50.1M-36.3% | 78.7M-21.3% | 100M+0.1% | 100.0M+120.4% | ||
| Common stock | 15.0K+7.1% | 14.0K+16.7% | 12.0K+0.0% | 12.0K+9.1% | 11.0K+450.0% | |
| Additional paid-in capital | 962M+5.5% | 912M+8.9% | 837M+6.4% | 787M+5.2% | 748M | |
| Retained earnings | -1.05B-22.0% | -862M-13.4% | -760M-10.4% | -688M-6.3% | -648M-32.1% | |
| Treasury stock | 693K+0.0% | 693K+4.2% | 665K+16525.0% | 4.00K | — | |
| Accumulated other comprehensive income | 3.81M+473.1% | 665K-69.7% | 2.20M+60.3% | 1.37M+1233.1% | -121K-26.0% | |
| Non-controlling interest | — | — | 1.36M-64.6% | 3.85M | — | |
| Total equity incl. non-controlling | -86.2M-272.1% | 50.1M-37.4% | 80.1M-22.9% | 104M+4.4% | 99.4M+120.3% | |
| Total liabilities & equity | 247M+52.7% | 162M-0.3% | 162M+31.0% | 124M-9.5% | 137M+204.7% | |
| Common shares issued | 136M+3.2% | 131M+18.0% | 111M+4.6% | 106M+10.2% | 96.5M+1214.3% | |
| Common shares outstanding | 135M+3.2% | 131M+18.0% | 111M+4.4% | 106M+10.2% | 96.5M+1214.3% | |
| Shares outstanding (cover) | 136M+3.2% | 131M+18.2% | 111M+3.8% | 107M+12.1% | 95.6M | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| -50.7M-33.5% | -38.0M-7.2% | -35.4M+4.5% | -37.1M+22.6% | -47.9M-68.7% | ||
| Depreciation & amortization | 7.75M+48.0% | 5.24M+8.6% | 4.82M+31.3% | 3.67M+106.0% | 1.78M+658.3% | |
| Intangible amortization | 1.50M+25.0% | 1.20M | — | — | — | |
| Share-based compensation | 16.6M+20.1% | 13.9M | — | — | — | |
| Deferred income taxes | — | — | 78.0K+165.5% | -119K | — | |
| Change in receivables | -955K-198.6% | 969K+490.9% | 164K-61.7% | 428K-74.3% | 1.66M | |
| Change in payables | -197K-142.2% | 467K+174.5% | -627K-229.0% | 486K+106.9% | -7.02M-4371.3% | |
| -64.6M-63.6% | -39.5M-3774.8% | 1.07M+106.8% | -15.7M-1127.5% | -1.28M+82.1% | ||
| Capital expenditure | 50.0K-85.7% | 350K-87.3% | 2.75M-7.2% | 2.96M+190.0% | 1.02M-84.1% | |
| Free cash flow | -50.8M-32.4% | -38.4M-0.4% | -38.2M+4.7% | -40.1M+18.2% | -49.0M-40.6% | |
| Acquisitions | 0.00 | 0.00 | 0.00-100.0% | 2.89M | 0.00 | |
| Proceeds from sale of PP&E | — | — | — | — | 37.0K-67.3% | |
| 120M+243.2% | 35.1M-49.1% | 69.0M+160327.9% | 43.0K-100.0% | 136M+290.1% | ||
| Long-term debt issued | 190M | 0.00-100.0% | 70.0M | 0.00-100.0% | 24.6M | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00-100.0% | 7.00K+250.0% | 2.00K | |
| Common stock repurchased | 0.00 | 0.00 | 0.00-100.0% | 4.00K | 0.00 | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| FX effect on cash | 244K+238.6% | -176K-686.7% | 30.0K+151.7% | -58.0K-190.0% | -20.0K | |
| Net change in cash | 5.43M+112.8% | -42.5M-222.8% | 34.6M+165.6% | -52.8M-161.2% | 86.4M+10741.3% | |
| Interest paid | 8.69M+148.3% | 3.50M+93.7% | 1.81M | — | — | |
| Income taxes paid | -186K+4.6% | -195K-32.7% | -147K | — | — | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 2.26B+10.3% | 2.05B+317.3% | 490M+57.2% | 312M-62.8% | 837M+1032.7% | |
| P/S | 493.4×+36.8% | 360.8×+154.7% | 141.6×+42.8% | 99.2×-91.0% | 1097.1×+744.7% | |
| P/B | — | 40.8×+568.3% | 6.1×+81.1% | 3.4×-59.7% | 8.4× | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: NN’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all NN filings on SEC EDGAR → Not investment advice.