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NASDAQ · SERVICES-PREPACKAGED SOFTWARE

Navan, Inc. NAVN

3 fiscal years on record · USD · FY2025 reported · SEC filings only
$702.3M
▲ 30.8% YoY
$-398.0M
$32.8M

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

For fiscal 2026 and 2025, revenue generated from customers and suppliers outside of the United States represented 38% and 41%, respectively, of its revenue. Its principal offerings include Travel, Corporate Payments, Expense Management, Meetings and Events, VIP, and Bleisure. Its Travel offering is an online booking application that enables travelers to book flights, hotels, trains, and rental cars through a single interface. Its Expense Management offering automates and centralizes the control, management, and tracking of business spending, monitoring travel and entertainment expenses and automating reporting and analytics. It was incorporated in the State of Delaware in February 2015.

Written from the business description in Navan, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 2 April 2026. Every sentence was checked against that document before publication.

Growth

USD 702.3M
Revenue, FY2025 · full 3-year series below
Revenue $M Net income $M
FY2025 · Revenue 702.3 · Net income -398.0
250.0M500.0M-150.0M-300.0M
202320242025
Compound annual growth
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−57 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -28.0% · Net -56.7%
-50%
202320242025
ROE

Not applicable: equity was zero or negative in this period, so return on equity has no meaning.

Three returns, three denominators.
Return on equityNot applicable: equity was zero or negative in this period, so return on equity has no meaning.

Return on equity has no reading this year — return on capital employed, just below, still does: -19%.

Cash & shareholders

·
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 32.8
15M30M-100M-200M
202320242025

Total assetsUSD 1.7B
EquityUSD 1.2B
CashUSD 583.5M
Gross debtUSD 124.8M
Net debtUSD -458.7M
Current ratio4.07×

The company holds more cash than debt.

The 3-year record

3 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
NAVN, 3-year financial record
Metric 202520242023
Revenue $B0.70.50.4
Operating income $B−0.2−0.1−0.2
EBITDA $B−0.1−0.1−0.2
Income tax $B0.00.00.0
Net income $B−0.4−0.2−0.3
Free cash flow $B0.0−0.1−0.2
EPS, diluted $−4.07−4.00−7.44
Dividend / sh $◌◌◌
Payout % — not applicable: no dividend———
ROE % — not applicable: negative equity———
Shares out B◌0.05◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 13 reconciliationsAUDITED

Reconciled in 3 of the 3 fiscal years we could check. 34 checks were skipped: the balance sheet is not tagged before 2024. 16 checks were skipped: EPS is not tagged before 2023. 16 checks were skipped: revenue is not tagged before 2023.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityServices-Prepackaged Software
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsJanuary 31
SEC categoryemerging growth company
Data on record since2023

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