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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
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
-80M-160M202020212022202320242025
Compound annual growth
+5.2%
+51.7%
3 yrs
5 yrs
10 yrs
15 yrs

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

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
−4138 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -1535.8% · Net -4138.5%
-10000%-20000%202020212022202320242025
ROE
FY2024 · ROE -158.1%
-50%-100%-150%202020212022202320242025

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -50.8
-20M-40M202020212022202320242025
Net buybacks $ Dividends $
FY2022 · Dividends — · Net buybacks -3000.0
-1000-20002022

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

Equity was negative — liabilities 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
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 %······
ROE %·−158.1−80.3−40.1··
Shares out B0.140.130.110.110.100.01

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

Provenance
Company facts, as filed
How we verify · 0 failures in 24 reconciliationsAUDITED

Reconciled in 6 of 19 fiscal years. 65 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 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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