NEXTNAV INC. Financial Summary

Complete Filing Data

NEXTNAV INC. reported Net Income Loss of -$189.25 million for FY2025.

All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean NEXTNAV INC. did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.

Income Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020
Net Income *-$189.3M-$101.9M-$71.7M-$40.1M-$144.7M-$137.3M
Selling General And Administrative Expense$39.6M$33.5M$30.3M$36.9M$13.6M$13.3M
Revenues$4.6M$5.7M$3.9M$3.9M$763.0K$569.0K
Research And Development Expense$19.0M$16.2M$19.5M$17.1M$9.5M$8.8M
Operating Income Loss-$70.2M-$60.1M-$63.5M-$65.5M-$42.4M-$29.5M
Net Income Loss Available To Common Stockholders Basic-$189.3M-$101.9M-$71.7M-$40.1M-$158.5M-$170.4M
Income Tax Expense Benefit$198.0K$173.0K$221.0K-$28.0K$52.0K$38.0K
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest-$189.1M-$101.7M-$71.5M-$40.1M-$144.6M-$137.3M
Comprehensive Income Net Of Tax-$186.1M-$103.4M-$70.9M-$38.6M-$144.6M-$137.3M
Other Nonoperating Income Expense-$9.1M$970.0K-$220.0K-$184.0K-$26.0K-$188.0K
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent$3.1M-$1.5M
Operating Expenses$65.8M$67.4M$69.5M$43.2M$30.0M
Interest Income Expense Net-$9.4M-$3.7M$901.0K-$17.8M
Deferred Revenue Current$491.0K$288.0K$297.0K$95.0K$1.6M
Income Loss From Equity Method Investments$58.0K-$175.0K-$191.0K-$230.0K
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From AOCI Realized Upon Sale Or Liquidation Net Of Tax-$1.5M$827.0K$1.5M-$25.0K-$12.0K
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax-$1.5M$827.0K$1.5M$25.0K$12.0K

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022Q1 2022Q3 2021Q2 2021Q1 2021
Net Income *$483.0K-$63.2M-$58.6M-$13.6M-$24.4M-$31.6M-$23.2M-$15.8M-$16.3M-$18.7M$827.0K-$9.7M-$32.4M-$39.0M-$27.1M
Selling General And Administrative Expense$10.0M$10.2M$10.5M$8.0M$8.1M$8.4M$6.2M$6.5M$6.1M$10.2M$10.4M$9.3M$2.9M$3.8M$2.7M
Revenues$887.0K$1.2M$1.5M$1.6M$1.1M$1.0M$1.0M$800.0K$830.0K$503.0K$1.4M$1.2M$276.0K$216.0K$251.0K
Research And Development Expense$5.2M$4.8M$4.0M$3.5M$4.1M$4.7M$5.0M$5.0M$4.6M$4.6M$4.2M$4.0M$2.0M$2.5M$2.4M
Operating Income Loss-$19.9M-$17.2M-$17.0M-$13.9M-$15.3M-$16.2M-$14.6M-$15.0M-$14.0M-$17.9M-$17.0M-$16.0M-$7.0M-$8.6M-$12.6M
Net Income Loss Available To Common Stockholders Basic$483.0K-$63.2M-$58.6M-$13.6M-$24.4M-$31.6M-$23.2M-$15.8M-$16.3M-$18.7M$827.0K-$9.7M-$32.4M-$44.6M-$35.3M
Income Tax Expense Benefit$46.0K$42.0K$58.0K$26.0K$68.0K$44.0K$24.0K$148.0K-$13.0K$15.0K-$8.0K$34.0K$11.0K$13.0K$15.0K
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest$529.0K-$63.2M-$58.5M-$13.6M-$24.3M-$31.6M-$23.2M-$15.6M-$16.4M-$18.7M$819.0K-$9.7M-$32.4M-$39.0M-$27.1M
Comprehensive Income Net Of Tax$418.0K-$61.0M-$57.6M-$12.6M-$24.6M-$32.1M-$23.9M-$15.8M-$15.9M-$18.7M$818.0K-$9.7M-$32.4M-$39.0M-$27.1M
Other Nonoperating Income Expense-$2.0K-$3.4M-$5.9M$343.0K$1.8M-$72.0K-$99.0K$14.0K-$81.0K-$152.0K-$37.0K-$16.0K-$66.0K-$3.0K
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent-$65.0K$2.1M$992.0K$1.0M-$179.0K-$522.0K-$670.0K$20.0K$432.0K-$2.0K-$9.0K-$13.0K-$19.0K$1.0K-$1.0K
Operating Expenses$15.6M$15.8M$14.8M$18.4M$18.4M$17.2M$7.3M$8.9M$12.9M
Interest Income Expense Net-$2.2M-$2.3M-$2.2M-$1.7M-$343.0K$469.0K$336.0K$109.0K-$3.0M-$3.1M
Deferred Revenue Current$422.0K$353.0K$310.0K$303.0K$215.0K$287.0K$71.0K$64.0K$60.0K$44.0K$10.0K$469.0K
Income Loss From Equity Method Investments-$39.0K-$40.0K-$55.0K
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From AOCI Realized Upon Sale Or Liquidation Net Of Tax-$13.0K-$1.0K
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax-$13.0K-$1.0K

Balance Sheet

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020FY2019
Stockholders Equity *-$86.2M$50.1M$78.7M$100.0M$100.0M-$490.4M-$327.4M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$44.8M$39.3M$81.9M$47.2M$100.1M$13.7M$14.5M
Retained Earnings Accumulated Deficit-$1.05B-$862.1M-$760.2M-$688.5M-$647.9M-$490.3M
Liabilities$333.3M$111.6M$82.1M$19.9M$36.9M$165.7M
Other Assets Current$2.9M$2.6M$3.1M$3.6M$4.5M$3.7M
Liabilities Current$12.4M$12.1M$9.8M$8.9M$6.7M$4.2M
Liabilities And Stockholders Equity$247.0M$161.7M$162.2M$123.8M$136.8M$44.9M
Assets Current$157.4M$86.0M$91.2M$61.2M$106.3M$18.1M
Assets$247.0M$161.7M$162.2M$123.8M$136.8M$44.9M
Accumulated Other Comprehensive Income Loss Net Of Tax$3.8M$665.0K$2.2M$1.4M-$121.0K-$96.0K
Accounts Payable Current$661.0K$858.0K$391.0K$1.0M$448.0K$680.0K
Property Plant And Equipment Other$11.8M$18.0M$21.6M$19.2M$5.7M
Goodwill$19.2M$17.0M$18.0M$17.5M
Common Stock Value$15.0K$14.0K$12.0K$12.0K$11.0K$2.0K
Accounts Receivable Net Current$2.3M$3.3M$2.3M$2.2M$1.7M$77.0K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect$5.4M-$42.5M$34.6M-$52.8M$86.4M
Accounts Payable And Other Accrued Liabilities Current$8.6M$8.5M$6.6M$5.2M$4.6M$3.6M
Cash And Cash Equivalents At Carrying Value
Other Liabilities Noncurrent$1.8M$1.8M$1.6M$1.5M
Treasury Stock Value$693.0K$693.0K$665.0K$4.0K
Operating Lease Right Of Use Asset$14.9M$17.4M$19.3M$10.1M
Operating Lease Liability Noncurrent$12.3M$14.4M$15.1M$5.3M
Operating Lease Liability Current$2.7M$2.5M$2.5M$2.5M
Other Assets Noncurrent$1.7M$13.8M$1.5M$1.8M
Finite Lived Intangible Assets Net$10.6M$10.4M$4.1M$4.1M
Short Term Investments$107.4M$40.8M$4.0M$8.2M
Derivative Liabilities Noncurrent$28.7M$7.1M$4.2M$28.9M
Repayments Of Secured Debt$116.0K$111.0K$110.0K$17.0K$96.9M

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021Q2 2021Q1 2021Q4 2020
Stockholders Equity *-$22.1M-$47.2M$6.6M$65.6M$63.8M$55.9M$80.3M$91.2M$88.7M$92.4M$104.5M$96.9M-$601.4M-$569.3M-$525.0M-$490.4M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$90.0M$58.9M$150.4M$67.9M$63.0M$73.3M$90.1M$52.8M$43.8M$63.6M$82.5M$93.8M$1.6M$7.7M$12.4K
Retained Earnings Accumulated Deficit-$983.4M-$983.9M-$920.7M-$829.8M-$816.2M-$791.8M-$743.8M-$720.6M-$704.8M-$676.0M-$657.3M-$658.1M-$293.1K
Liabilities$285.2M$304.0M$262.0M$106.1M$108.5M$108.4M$89.0M$66.4M$24.5M$21.4M$19.4M$39.2M$293.1K
Other Assets Current$3.2M$3.7M$3.4M$15.4M$15.6M$16.1M$2.3M$2.9M$3.6M$1.7M$2.0M$2.9M
Liabilities Current$14.9M$12.2M$11.5M$20.8M$17.6M$24.1M$11.2M$9.7M$8.1M$9.0M$7.7M$9.1M
Liabilities And Stockholders Equity$263.1M$256.7M$268.6M$171.7M$172.3M$165.6M$173.1M$161.5M$117.0M$113.9M$123.9M$136.1M
Assets Current$172.3M$182.0M$193.5M$104.4M$104.2M$96.8M$102.2M$89.8M$51.6M$74.9M$85.5M$96.7M
Assets$263.1M$256.7M$268.6M$171.7M$172.3M$165.6M$173.1M$161.5M$117.0M$113.9M$123.9M$136.1M
Accumulated Other Comprehensive Income Loss Net Of Tax$3.7M$3.8M$1.7M$2.5M$1.5M$1.7M$1.2M$1.8M$1.8M-$145.0K-$143.0K-$134.0K
Accounts Payable Current$837.0K$1.6M$1.1M$918.0K$1.1M$1.3M$916.0K$879.0K$656.0K$1.5M$437.0K$1.1M
Property Plant And Equipment Other$12.8M$16.0M$17.0M$17.3M$17.9M$18.9M$20.5M$20.9M$20.2M$19.5M$20.3M$20.9M$21.8M
Goodwill$19.1M$19.1M$17.6M$18.2M$17.5M$17.6M$17.2M$17.7M$17.8M
Common Stock Value$15.0K$15.0K$14.0K$14.0K$14.0K$12.0K$12.0K$12.0K$12.0K$11.0K$11.0K$11.0K
Accounts Receivable Net Current$1.4M$2.2M$1.6M$2.2M$2.2M$1.5M$2.7M$1.8M$1.2M$1.4M$971.0K$37.0K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect$111.1M-$8.6M-$3.4M-$6.3M-$1.3K
Accounts Payable And Other Accrued Liabilities Current$10.9M$7.4M$7.3M$17.1M$13.8M$20.2M$5.0M$4.7M$4.3M$4.4M
Cash And Cash Equivalents At Carrying Value$90.0M$58.9M$150.4M$39.3M$67.9M$63.0M$73.3M$81.9M$90.1M$52.8M$43.8M$47.2M$63.6M$82.5M$100.1M
Other Liabilities Noncurrent$1.8M$1.8M$1.8M$1.9M$1.6M$1.6M$1.7M$1.6M$1.6M$1.1M$1.1M$1.3M
Treasury Stock Value$693.0K$693.0K$693.0K$693.0K$693.0K$665.0K$4.0K$4.0K$4.0K$4.0K$1.0K$1.0K
Operating Lease Right Of Use Asset$15.6M$16.4M$17.3M$18.6M$19.5M$18.7M$19.6M$18.6M$12.4M$10.8M$11.5M$12.5M
Operating Lease Liability Noncurrent$12.9M$13.5M$14.2M$15.4M$16.0M$15.0M$15.1M$13.8M$7.7M$5.6M$5.9M$6.6M
Operating Lease Liability Current$2.8M$2.8M$2.8M$2.5M$2.4M$2.4M$2.6M$2.8M$2.4M$2.8M$3.0M$3.1M
Other Assets Noncurrent$984.0K$13.7M$13.7M$1.3M$1.5M$1.6M$1.6M$1.7M$1.7M$1.9M$976.0K$4.1M
Finite Lived Intangible Assets Net$10.3M$10.6M$10.6M$4.1M$4.1M$4.1M
Short Term Investments$77.6M$117.2M$38.0M$18.9M$23.4M$5.9M$7.0M$32.2M$3.0M$8.2M
Derivative Liabilities Noncurrent$15.1M$21.9M$17.8M$14.0M$7.3M$7.0M$5.7M$4.7M
Repayments Of Secured Debt$70.0M$28.0K$27.0K

Cash Flow Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020
Depreciation Depletion And Amortization$7.8M$5.2M$4.8M$3.7M$1.8M$235.0K
Payments To Acquire Property Plant And Equipment$50.0K$350.0K$2.8M$3.0M$1.0M$6.4M
Net Cash Provided By Used In Operating Activities-$50.7M-$38.0M-$35.4M-$37.1M-$47.9M-$28.4M
Net Cash Provided By Used In Investing Activities-$64.6M-$39.5M$1.1M-$15.7M-$1.3M-$7.2M
Net Cash Provided By Used In Financing Activities$120.5M$35.1M$69.0M$43.0K$135.6M$34.8M
Increase Decrease In Accounts Payable-$197.0K$467.0K-$627.0K$486.0K-$7.0M-$157.0K
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$244.0K-$176.0K$30.0K-$58.0K-$20.0K
Increase Decrease In Other Current Assets$231.0K-$388.0K-$537.0K-$593.0K$3.6M$860.0K
Increase Decrease In Deferred Revenue$203.0K-$9.0K$202.0K-$1.5M$1.6M
Increase Decrease In Other Noncurrent Assets-$167.0K-$110.0K-$119.0K-$161.0K$879.0K
Increase Decrease In Accounts Receivable-$955.0K$969.0K$164.0K$428.0K$1.7M
Proceeds From Stock Options Exercised$2.0M$3.8M$73.0K$57.0K
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment$16.5M$13.7M$9.7M$6.0M$2.7M
Increase Decrease In Operating Lease Liability$691.0K$1.1M$722.0K$536.0K
Share Based Compensation$16.6M$13.9M
Payments To Acquire Software$424.0K$442.0K
Increase Decrease In Accrued Liabilities And Other Operating Liabilities$362.0K$6.0M
Proceeds From Sale And Maturity Of Marketable Securities$218.0M$46.5M$42.2M$5.5M
Payments To Acquire Marketable Securities$281.5M$82.4M$37.4M$13.6M

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022Q1 2022Q1 2021
Depreciation Depletion And Amortization$3.5M$1.4M$1.5M$1.3M$1.3M$1.3M$1.3M$1.2M$1.1M$882.0K$343.00
Payments To Acquire Property Plant And Equipment$30.0K$32.0K$856.0K$171.0K$882.00
Net Cash Provided By Used In Operating Activities-$12.2M-$7.0M-$7.4M-$6.1M-$8.5K
Net Cash Provided By Used In Investing Activities$3.0M-$2.1M$4.0M-$208.0K-$911.00
Net Cash Provided By Used In Financing Activities$120.2M$516.0K-$1.0K$25.0K$8.1K
Increase Decrease In Accounts Payable$273.0K$878.0K-$364.0K$646.0K-$52.00
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$93.0K$21.0K-$5.0K-$15.0K
Increase Decrease In Other Current Assets$749.0K$434.0K$46.0K-$793.0K$2.0K
Increase Decrease In Deferred Revenue$22.0K-$10.0K-$34.0K-$1.2M
Increase Decrease In Other Noncurrent Assets-$16.0K$107.0K-$27.0K$8.0K
Increase Decrease In Accounts Receivable-$1.7M-$836.0K-$979.0K-$1.7M-$74.00
Proceeds From Stock Options Exercised$232.0K$544.0K$26.0K$26.0K
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment$15.7M$15.7M$14.7M$12.7M$11.7M$10.7M$8.7M$7.8M$6.8M$5.1M$4.3M
Increase Decrease In Operating Lease Liability$212.0K$253.0K$88.0K$141.0K
Share Based Compensation$4.3M$4.2M$3.9M$7.2M
Payments To Acquire Software$101.0K$163.0K$341.0K$37.0K
Increase Decrease In Accrued Liabilities And Other Operating Liabilities-$254.0K$3.0M$395.0K-$202.0K
Proceeds From Sale And Maturity Of Marketable Securities$34.6M$4.0M$5.2M
Payments To Acquire Marketable Securities$31.5M$5.9M

Per-Share & Share Counts

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020
Diluted EPS *-$1.42-$0.84-$0.66-$0.40-$6.73-$23.20
Weighted Average Number Of Shares Outstanding Basic132.9K121.5K108.0M101.0M23.6K
Earnings Per Share Basic$-1.42$-0.84$-0.66$-0.40$-6.73
Weighted Average Number Of Diluted Shares Outstanding132.9K121.5K108.0M101.0M23.6K
Common Stock Shares Outstanding135.4M131.1M111.1M106.4M96.5M7.3M
Common Stock Shares Issued135.5M131.3M111.3M106.4M96.5M7.3M
Common Stock Shares Authorized500.0M500.0M500.0M500.0M500.0M500.0M

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022Q1 2022Q3 2021Q2 2021
Diluted EPS *-$0.12-$0.48-$0.45-$0.11-$0.21-$0.28-$0.21-$0.15-$0.15-$0.18$0.01-$0.10-$6.07
Weighted Average Number Of Shares Outstanding Basic133.3M132.3M131.1M126.4M115.2M111.1M108.0K106.7K106.4K101.4M101.1K100.9K7.4K7.4K
Earnings Per Share Basic$0.00$-0.48$-0.45$-0.11$-0.21$-0.28$-0.21$-0.15$-0.15$-0.18$0.01$-0.10$-4.41$-6.07
Weighted Average Number Of Diluted Shares Outstanding149.6M132.3M131.1M126.4M115.2M111.1M108.0K106.7K106.4K101.4M102.4K100.9K7.3K
Common Stock Shares Outstanding134.7M133.0M132.3M127.5M123.9M123.9M109.0M108.2M107.2M101.4M101.4M96.6M0.00
Common Stock Shares Issued134.9M133.1M132.4M127.7M124.0M112.7M109.0M108.2M107.2M101.4M101.4M96.6M0.00
Common Stock Shares Authorized500.0M500.0M500.0M500.0M500.0M500.0M500.0M500.0M500.0M500.0M500.0M500.0M100.00

Other Metrics

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020
Stock Issued During Period Value Stock Options Exercised$2.0M$3.8M$73.0K$3.0K
Fair Value Adjustment Of Warrants$5.7M$33.2M$4.1M-$24.7M$84.3M
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value$16.3M$14.0M
Depreciation And Amortization$5.2M$4.8M$3.7M$1.8M$235.0K
Asset Retirement Obligation Accretion Expense$104.0K$76.0K$66.0K$56.0K$236.0K$71.0K
Network Under Construction$3.6M$494.0K$16.8M
Capital Expenditures Incurred But Not Yet Paid$78.0K$285.0K$605.0K
Other Cost And Expense Operating

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022Q1 2022Q3 2021Q2 2021Q1 2021
Stock Issued During Period Value Stock Options Exercised$192.0K$1.2M$232.0K$232.0K$1.1M$544.0K$28.0K$13.0K$25.0K$22.0K$26.0K$2.0K
Fair Value Adjustment Of Warrants-$4.8M$8.8M-$6.0M-$2.1M$8.5M$13.2M$6.7M$263.0K$2.8M$962.0K-$17.8M-$6.4M$22.3M$27.2M
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value$3.9M$2.8M$6.3M$2.5M$2.8M$6.3M$3.8M$3.7M$4.5M$6.6M$6.8M$7.2M$345.0K$325.0K$363.0K
Depreciation And Amortization$1.3M$1.2M$1.1M$891.0K$884.0K$882.0K$398.0K$328.0K$343.0K
Asset Retirement Obligation Accretion Expense$26.0K$16.0K$15.0K$12.0K$17.00
Network Under Construction$1.7M$1.7M$1.7M$1.7M$1.7M$2.1M$2.6M$2.6M$1.6M$908.0K
Capital Expenditures Incurred But Not Yet Paid$22.0K$278.0K$591.0K$243.0K
Other Cost And Expense Operating$3.2M$3.1M$3.0M$2.8M$3.0M$3.0M$2.1M$2.2M

Most recent annual filing with the SEC: March 17, 2026

Data sourced from SEC EDGAR public filings as of August 9, 2026.