Quick Answer
NEXTNAV INC. reported R&D Expense of $18.95 million for fiscal year 2025.
NEXTNAV INC. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $18.95M | +16.7% |
| 2024 | $16.24M | -16.7% |
| 2023 | $19.50M | +14.3% |
| 2022 | $17.06M | +80.2% |
| 2021 | $9.46M | +7.8% |
| 2020 | $8.78M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $5.15M | +45.4% | +6.8% |
| June 30, 2025 | $4.82M | +17.4% | +19.5% |
| March 31, 2025 | $4.04M | -13.5% | +13.9% |
| September 30, 2024 | $3.54M | -29.2% | -13.7% |
| June 30, 2024 | $4.11M | -17.7% | -12.0% |
| March 31, 2024 | $4.67M | +2.0% | -6.7% |
| September 30, 2023 | $5.01M | +9.6% | +0.3% |
| June 30, 2023 | $4.99M | +19.8% | +9.1% |
- NEXTNAV INC. showed an increase of +16.7% in R&D Expense compared to the prior fiscal year.
- Over the 2020–2025 period, NEXTNAV INC.’s r&d expense has grown by 115.9% (from $8.78 million to $18.95 million).
- The most recent figure is from NEXTNAV INC.’s fiscal year 2025 report (Form 10-K), filed with the SEC on March 17, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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