NextNav Inc.
NextNav Inc. (NN) Financial Performance & Income Statement Overview
Review NextNav Inc. (NN) income statement, balance sheet, and cash flow reports with annual and quarterly breakdowns.
NextNav Inc. (NN) Income Statement & Financial Overview
View the income breakdown for NextNav Inc. NN across both annual and quarterly reports.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $1.54M | $1.91M | $1.61M | $1.10M |
| Cost of Revenue | $2.53M | $2.51M | $2.58M | $2.92M |
| Gross Profit | -$994000.00 | -$596000.00 | -$978000.00 | -$1.82M |
| Gross Profit Ratio | -$0.65 | -$0.31 | -$0.61 | -$1.65 |
| R&D Expenses | $4.04M | $3.92M | $3.54M | $4.11M |
| SG&A Expenses | $10.52M | $8.94M | $8.02M | $8.11M |
| Operating Expenses | $16.01M | $14.17M | $12.87M | $13.51M |
| Total Costs & Expenses | $18.54M | $16.68M | $15.46M | $16.44M |
| Interest Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Interest Expense | $2.74M | $2.69M | $2.22M | $2.32M |
| Depreciation & Amortization | $1.45M | $1.31M | $1.31M | $1.29M |
| EBITDA | -$59.81M | $3.98M | -$10.05M | -$14.02M |
| EBITDA Ratio | -$38.86 | $2.08 | -$6.26 | -$12.69 |
| Operating Income | -$17.004M | -$14.77M | -$13.85M | -$15.33M |
| Operating Income Ratio | -$11.05 | -$7.73 | -$8.62 | -$13.88 |
| Other Income/Expenses (Net) | -$41.52M | -$17.47M | $269000.00 | -$8.99M |
| Income Before Tax | -$58.52M | -$32.23M | -$13.58M | -$24.32M |
| Income Before Tax Ratio | -$38.03 | -$16.87 | -$8.45 | -$22.01 |
| Income Tax Expense | $58000.00 | $35000.00 | $26000.00 | $68000.00 |
| Net Income | -$58.58M | -$32.27M | -$13.61M | -$24.39M |
| Net Income Ratio | -$38.06 | -$16.89 | -$8.47 | -$22.07 |
| EPS | -$0.45 | -$0.27 | -$0.11 | -$0.21 |
| Diluted EPS | -$0.45 | -$0.27 | -$0.11 | -$0.21 |
| Weighted Avg Shares Outstanding | $131.10M | $131.14M | $126.43M | $115.21M |
| Weighted Avg Shares Outstanding (Diluted) | $131.10M | $131.14M | $126.43M | $115.21M |
Over the last four quarters, NextNav Inc. achieved steady financial progress, growing revenue from $1.10M in Q2 2024 to $1.54M in Q1 2025. Gross profit stayed firm with margins at -65% in Q1 2025 versus -165% in Q2 2024. Operating income totaled -$17.004M in Q1 2025, maintaining a -1105% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at -$59.81M. Net income dropped to -$58.58M, with EPS at -$0.45. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.
Unlock 25+ Years of Financial Data
Get access to extended historical data, advanced metrics, and more with our premium plan