# NextNav share price today (NextNav Inc., NN)

> NextNav Inc.'s balance sheet is under water: its net worth is negative, so it owes more than it owns. The latest quarter's profit comes from a one-off item larger than a full quarter's revenue, not from the business. This is a high-risk situation: shareholders can be wiped out by new shares or a restructuring before the business recovers. NN · Technology · Software - Infrastructure · data as of 4 November 2026. Page: https://www.sectoralpha.in/us/stocks/nn

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## Key numbers

- Price: $8.76 (−29.9% in a year)
- Revenue (Jun 2026): $1.1 M (−4.3% on a year ago)
- Profit (Jun 2026), incl. one-off: −$33.8 M (one-off item, see below)
- ROE: 220%, FY25

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the NextNav share price today? NextNav Inc.'s share price was $8.76 at the close on 4 November 2026. It has been moving sideways for 11 weeks. That is 46.5% below its average price over the last 200 trading days. In the last 52 weeks it traded between $9 and $23, and at that close it was at the low of that range. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 21 weeks running. Over the last 6 years the share price moved −11% while the S&P 500 moved +119%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 12 June 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does NextNav pay? NextNav Inc. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is NextNav on? NextNav is on one of our US lists: US tech stocks. [US tech stocks](https://www.sectoralpha.in/us-tech-stocks)

## Is NextNav profitable? NextNav Inc. posted a net loss of $33.8 M in the Jun 2026 quarter. That quarter includes a one-off gain bigger than its revenue, so the comparison with last year does not reflect normal business. The full FY25 year was a loss of $189 M. That loss is 2,935.2% of the quarter's revenue. The same quarter a year earlier lost $63.2 M. 11 of the last 12 reported quarters were loss-making. Read this profit with care: at −$33.8 M it is bigger than the quarter's whole revenue of $1.1 M. No business earns more than it takes in from sales, so this is a one-off item (for example a debt settlement, a tax write-back or an asset sale), not money the business earned. The underlying business is running at a −1,752.1% operating margin. The jump on last year, and any P/E built on this profit, come from the one-off, not from a real turn in earnings. ## How much revenue does NextNav make, and is it growing? NextNav Inc. reported $1.1 M of revenue in the Jun 2026 quarter, −4.3% on the same quarter a year earlier. Over 4 years it has grown 56.5% a year on average. The last full year, FY25, came in at $4.6 M. The last four reported quarters add to $4.0 M. FY25 revenue was $4.6 M, −19.3% on the year before. Recent pace: the last four quarters grew −33.7% on average, against 56.5% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew −36.5%, against −4.7% a year over the last 8 quarters (rolling over). ## How much of every $100 of sales does NextNav keep? NextNav Inc. has almost no sales yet: FY25 revenue was $4.6 M. On sales that small an operating margin is not a useful reading, so this section is left out until sales grow. ## Is NextNav's profit turning into cash? NextNav Inc.'s cash-flow history is too short to judge how much of its profit turns into cash. In FY25 its operations used $50.7 M of cash, against −$189 M of profit. After $50.0 K of spending on assets, free cash was −$50.8 M: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does NextNav's cash go? NextNav Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $3.2 M on assets over the last 3 years. Averaged over those years that is 23.0% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $3.2 M over the last 3 years. In short: most of the cash goes on covering the loss, not on new assets; spending on assets is small next to it. ## What is NextNav's P/E ratio, and how does it compare with its own history? NextNav Inc. has no P/E right now, because its earnings are negative. The revenue and margin sections are where a turn would show first. Measured against sales instead, the market values NextNav Inc. at 323.1× its FY25 revenue of $4.6 M. The P/E comes back here once profit turns positive. ## Is the NextNav business getting better or worse? NextNav Inc.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. The latest quarter’s profit includes a one-off item bigger than the normal business, so the profit line is shown but does not count in this reading. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does NextNav earn on its capital? NextNav Inc. earned a ROE of 220% in FY25. That is up from a low of −203% in FY24. Its return on capital used (ROIC) is left out: on sales this small it reads −251%, a number that says nothing useful about the business. ## Does NextNav have too much debt? NextNav Inc. has total debt of $13.2 M against shareholder equity of $335 M as of Jun 2026, so its debt is 0.04× its equity, which is very little. Year by year, that ratio went from 0.08 in FY22 to −3.35 in FY25. So the returns on this page come from the business, not from borrowed money. ## What is the NextNav shareholding pattern? 19.6% of NextNav Inc.'s tradable shares are in short positions, which are bets that the price will fall, so a large group of traders is betting against it. At normal trading volumes, closing those positions would take about 7.5 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is NextNav from balance-sheet trouble? For NextNav Inc., the Z-score is 20.58. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 20.58 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does NextNav rank in its industry? There is no score against its industry: NextNav Inc. is not among the largest members shown in this industry comparison for Software - Infrastructure. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is NextNav compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to NextNav in size? NextNav is the 75th largest of 117 Software - Infrastructure companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: StoneCo, A10 Networks, Inc. and Pagaya Technologies. Just below it: Bandwidth Inc., Radware and Rapid7, Inc. ### Software - Infrastructure companies close in size

1. [StoneCo Ltd.](https://www.sectoralpha.in/us/stocks/stne) $1.8 billion
2. [A10 Networks, Inc.](https://www.sectoralpha.in/us/stocks/aten) $1.7 billion
3. [Pagaya Technologies Ltd.](https://www.sectoralpha.in/us/stocks/pgy) $1.6 billion
4. NextNav Inc. $1.5 billion
5. [Bandwidth Inc.](https://www.sectoralpha.in/us/stocks/band) $1.4 billion
6. [Radware Ltd.](https://www.sectoralpha.in/us/stocks/rdwr) $1.4 billion
7. [Rapid7, Inc.](https://www.sectoralpha.in/us/stocks/rpd) $1 billion

[All 117 Software - Infrastructure companies, largest first](https://www.sectoralpha.in/us/sectors/software-infrastructure#all-companies)

### Companies close in size in other industries

1. [Vistance Networks, Inc.](https://www.sectoralpha.in/us/stocks/visn) $1.5 billion · Communication Equipment
2. [Global Partners LP](https://www.sectoralpha.in/us/stocks/glp) $1.5 billion · Oil & Gas Midstream
3. NextNav Inc. $1.5 billion
4. [Trupanion, Inc.](https://www.sectoralpha.in/us/stocks/trup) $1.5 billion · Insurance - Property & Casualty
5. [Ibotta, Inc.](https://www.sectoralpha.in/us/stocks/ibta) $1.5 billion · Software - Application

## What else do people ask about NextNav? ### What were NextNav's latest quarterly results? NextNav Inc. reported revenue of $1.1 M and a net loss of $33.8 M for the Jun 2026 quarter. Earnings per share were −$0.24. The operating margin was −1,752.1%, 317.8 percentage points lower than a year earlier (as of 4 November 2026). ### What is NextNav's market cap? NextNav Inc.'s market capitalisation is $1.5 B at a stock price of $8.76. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026). ### How is NextNav performing? NextNav Inc.'s share price has been moving sideways for 11 weeks. Over the past 13 weeks it has done worse than the S&P 500, for 21 weeks running. This describes what the data did, not a rating (as of 4 November 2026). ### Will NextNav's stock price go up? This page does not forecast NextNav Inc.'s stock price. What it shows instead: the stock price is $8.76, and it has been moving sideways for 11 weeks. Nobody can reliably say which way a price will move, and this site does not try (as of 4 November 2026). ### What could break the NextNav story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026). ### Is NextNav a stock worth studying right now? What the numbers show: NextNav Inc.'s balance sheet is under water: its net worth is negative, so it owes more than it owns. The latest quarter's profit comes from a one-off item larger than a full quarter's revenue, not from the business. This is a high-risk situation: shareholders can be wiped out by new shares or a restructuring before the business recovers. The main open question: whether the business can earn its way back to positive net worth before new shares or a restructuring get there first. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026). ## Lists

- US tech stocks: https://www.sectoralpha.in/us-tech-stocks

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