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NASDAQ · SEARCH, DETECTION, NAVIGATION, GUIDANCE, AERONAUTICAL SYS · SMALL CAP

Nextnav Inc. NN

6 fiscal years on record · USD · FY2025 reported · SEC filings only
$4.6M
▼ 19.3% YoY
$-189.3M
$-50.8M

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

In brief

What this company does

Our technology consists of a ground-based transmitter network operating on low-band spectrum assets in a manner similar to the function of GPS satellites. Our core Pinnacle technology uses barometric sensors in smartphones and other communications devices and a network of sensors to determine vertical, or “z-axis”, location. Our complementary PNT solutions are built on our asset base of FCC licenses that cover 12 MHz of low-band spectrum available for use. We are evolving our PNT solutions to use 5G New Radio (“5G NR”) positioning reference signals (“PRS”), under the 3GPP global standard, to determine location and timing - a platform we refer to as NextGen.

Written from the business description in NextNav Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 17 March 2026. Every sentence was checked against that document before publication.

Growth

USD 4.6M
Revenue, FY2025 · full 6-year series below
Revenue $M Net income $M
FY2025 · Revenue 4.6 · Net income -189.3
-100M-200M
202020232025
Compound annual growth
+5.2%
+51.7%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +51.7% a year over the five years to FY2025.

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

·
Operating margin Net margin
FY2025 · Operating -1535.8%
-2000%-4000%
202020222025
ROE
FY2024 · ROE -158.1%
-50%-100%-150%
202020222025
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: -37%.

Cash & shareholders

·
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -50.8
-20M-40M
202020222025
Net buybacks $ Dividends $
FY2022 · Dividends · · Net buybacks -3000.0
-1500-3000
2022

Total assetsUSD 247.0M
EquityUSD -86.2M
CashUSD 44.8M
Gross debtUSD 273.6M
Net debtUSD 228.8M
Current ratio12.71×

Equity was zero or negative — liabilities equaled or exceeded assets. No ratio is shown.

The 6-year record

6 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
NN, 6-year financial record
Metric 202520242023202220212020
Revenue $B0.00.00.00.00.00.0
Operating income $B−0.1−0.1−0.1−0.1−0.0−0.0
EBITDA $B−0.1−0.1−0.1−0.1−0.0−0.0
Income tax $B0.00.00.0−0.00.00.0
Net income $B−0.2−0.1−0.1−0.0−0.1−0.1
Free cash flow $B−0.1−0.0−0.0−0.0−0.0−0.0
EPS, diluted $−1.42−0.84−0.66−0.40−6.73−23.20
Dividend / sh $◌◌◌◌◌◌
Payout % — not applicable: no dividend——————
ROE %—−158.1−80.3−40.1——
Shares out B0.140.130.110.110.100.01

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

More in this sector

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Provenance

Company facts, as filed

How we verify · 0 failures in 24 reconciliationsAUDITED

Reconciled in 6 of the 6 fiscal years we could check. 26 checks were skipped: the balance sheet is not tagged before 2020. 13 checks were skipped: EPS is not tagged before 2020. 13 checks were skipped: revenue is not tagged before 2020.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivitySearch, Detection, Navigation, Guidance, Aeronautical Sys
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categoryemerging growth company
Data on record since2020

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