Source SEC Filings (10-K/10-Q)Updated Apr 2, 2026Currency USDFYE April
This page shows NAVAN INC (NAVN) financial statements, including the
income statement, balance sheet, cash flow statement, and key financial ratios.
All figures are derived from SEC filings (10-K and 10-Q reports).
NAVAN INC has an operating margin of -28.0%, meaning the company retains $-28 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses.
Leverage
100
NAVAN INC carries a low D/E ratio of 0.00, meaning only $0.00 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
Liquidity
80
With a current ratio of 4.07, NAVAN INC holds $4.07 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 80/100.
Cash Flow
37
NAVAN INC has a free cash flow margin of 4.7%, earning a moderate score of 37/100. The company generates positive cash flow after capital investments, but with room for improvement.
Returns
0
NAVAN INC generates a -33.0% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100.
Earnings QualityMixed
-0.08x
For every $1 of reported earnings, NAVAN INC generates $-0.08 in operating cash flow ($33.7M OCF vs -$398.0M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Interest CoverageAt Risk
-12.6x
NAVAN INC earns $-12.6 in operating income for every $1 of interest expense (-$196.9M vs $15.6M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
NAVAN INC generated $702.3M in revenue in fiscal year 2026.
EBITDA
-$136.6M
NAVAN INC's EBITDA was -$136.6M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
Net Income
-$398.0M
NAVAN INC reported -$398.0M in net income in fiscal year 2026.
EPS (Diluted)
$-4.07
NAVAN INC earned $-4.07 per diluted share (EPS) in fiscal year 2026.
Cash & Balance Sheet
Free Cash Flow
$32.8M
NAVAN INC generated $32.8M in free cash flow in fiscal year 2026, representing cash available after capex.
Cash & Debt
$583.5M
NAVAN INC held $583.5M in cash against $37K in long-term debt as of fiscal year 2026.
Dividends Per Share
N/A
Shares Outstanding
235M
NAVAN INC had 235M shares outstanding in fiscal year 2026.
Margins & Returns
Gross Margin
71.3%
NAVAN INC's gross margin was 71.3% in fiscal year 2026, indicating the percentage of revenue retained after direct costs.
Operating Margin
-28.0%
NAVAN INC's operating margin was -28.0% in fiscal year 2026, reflecting core business profitability.
Net Margin
-56.7%
NAVAN INC's net profit margin was -56.7% in fiscal year 2026, showing the share of revenue converted to profit.
Return on Equity
-33.0%
NAVAN INC's ROE was -33.0% in fiscal year 2026, measuring profit generated per dollar of shareholder equity.
Capital Allocation
R&D Spending
$151.2M
NAVAN INC invested $151.2M in research and development in fiscal year 2026.
Share Buybacks
N/A
Capital Expenditures
$917K
NAVAN INC invested $917K in capex in fiscal year 2026, funding long-term assets and infrastructure.
NAVN Income Statement
Metric
FY26
Revenue
$702.3M
Cost of Revenue
$201.8M
Gross Profit
$500.5M
R&D Expenses
$151.2M
SG&A Expenses
$203.4M
Operating Income
-$196.9M
Interest Expense
$15.6M
Income Tax
$2.1M
Net Income
-$398.0M
EPS (Diluted)
$-4.07
Metric
Q2'26
Q1'26
Q4'25
Q3'25
Q2'25
Q1'25
Q4'24
Revenue
$194.9M
N/A
N/A
N/A
$151.1M
N/A
N/A
Cost of Revenue
$57.1M
N/A
N/A
N/A
$44.5M
N/A
N/A
Gross Profit
$137.9M
N/A
N/A
N/A
$106.6M
N/A
N/A
R&D Expenses
$51.2M
N/A
N/A
N/A
$33.0M
N/A
N/A
SG&A Expenses
$70.9M
N/A
N/A
N/A
$35.0M
N/A
N/A
Operating Income
-$79.2M
N/A
N/A
N/A
-$19.5M
N/A
N/A
Interest Expense
$15.5M
N/A
N/A
N/A
$19.7M
N/A
N/A
Income Tax
$3.5M
N/A
N/A
N/A
$5.2M
N/A
N/A
Net Income
-$225.4M-483.6%
-$38.6M+36.9%
-$61.3M
N/A
-$41.9M+2.4%
-$42.9M+13.5%
-$49.6M
EPS (Diluted)
$-4.58
N/A
N/A
N/A
$-0.92
N/A
N/A
NAVN Balance Sheet
Metric
FY26
Total Assets
$1.7B
Current Assets
$1.3B
Cash & Equivalents
$583.5M
Inventory
N/A
Accounts Receivable
$215.9M
Goodwill
$241.3M
Total Liabilities
$500.7M
Current Liabilities
$320.9M
Long-Term Debt
$37K
Total Equity
$1.2B
Retained Earnings
-$2.0B
Metric
Q2'26
Q1'26
Q4'25
Q3'25
Q2'25
Q1'25
Q4'24
Total Assets
$1.8B
N/A
N/A
$1.1B
N/A
N/A
N/A
Current Assets
$1.4B
N/A
N/A
$688.9M
N/A
N/A
N/A
Cash & Equivalents
$809.1M+160.5%
$310.6M
N/A
$157.7M-48.5%
$305.9M+14.4%
$267.4M
N/A
Inventory
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Accounts Receivable
$220.0M
N/A
N/A
$184.9M
N/A
N/A
N/A
Goodwill
$232.9M
N/A
N/A
$219.7M
N/A
N/A
N/A
Total Liabilities
$573.8M
N/A
N/A
$2.3B
N/A
N/A
N/A
Current Liabilities
$307.1M
N/A
N/A
$446.0M
N/A
N/A
N/A
Long-Term Debt
$206.6M
N/A
N/A
N/A
$617.9M
N/A
N/A
Total Equity
$1.2B+200.9%
-$1.2B-1.5%
-$1.2B-0.4%
-$1.2B-3.6%
-$1.1B-1.1%
-$1.1B-1.5%
-$1.1B
Retained Earnings
-$1.9B
N/A
N/A
-$1.6B
N/A
N/A
N/A
NAVN Cash Flow Statement
Metric
FY26
Operating Cash Flow
$33.7M
Capital Expenditures
$917K
Free Cash Flow
$32.8M
Investing Cash Flow
-$203.0M
Financing Cash Flow
$519.9M
Dividends Paid
N/A
Share Buybacks
N/A
Metric
Q2'26
Q1'26
Q4'25
Q3'25
Q2'25
Q1'25
Q4'24
Operating Cash Flow
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Capital Expenditures
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Free Cash Flow
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Investing Cash Flow
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Financing Cash Flow
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Dividends Paid
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Share Buybacks
N/A
N/A
N/A
N/A
N/A
N/A
N/A
NAVN Financial Ratios
Metric
FY26
Gross Margin
71.3%
Operating Margin
-28.0%
Net Margin
-56.7%
Return on Equity
-33.0%
Return on Assets
-23.3%
Current Ratio
4.07
Debt-to-Equity
0.00
FCF Margin
4.7%
Metric
Q2'26
Q1'26
Q4'25
Q3'25
Q2'25
Q1'25
Q4'24
Gross Margin
70.7%
N/A
N/A
N/A
70.5%
N/A
N/A
Operating Margin
-40.6%
N/A
N/A
N/A
-12.9%
N/A
N/A
Net Margin
-115.6%
N/A
N/A
N/A
-27.7%
N/A
N/A
Return on Equity
-18.5%
N/A
N/A
N/A
N/A
N/A
N/A
Return on Assets
-12.6%
N/A
N/A
N/A
N/A
N/A
N/A
Current Ratio
4.49
N/A
N/A
1.54
N/A
N/A
N/A
Debt-to-Equity
0.17
N/A
N/A
-1.91-1.4
-0.54
N/A
N/A
FCF Margin
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Frequently Asked Questions
What is NAVAN INC's annual revenue?
NAVAN INC (NAVN) reported $702.3M in total revenue for fiscal year 2026. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Is NAVAN INC profitable?
No, NAVAN INC (NAVN) reported a net income of -$398.0M in fiscal year 2026, with a net profit margin of -56.7%.
What is NAVAN INC's earnings per share (EPS)?
NAVAN INC (NAVN) reported diluted earnings per share of $-4.07 for fiscal year 2026. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is NAVAN INC's EBITDA?
NAVAN INC (NAVN) had EBITDA of -$136.6M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does NAVAN INC have?
As of fiscal year 2026, NAVAN INC (NAVN) had $583.5M in cash and equivalents against $37K in long-term debt.
What is NAVAN INC's gross margin?
NAVAN INC (NAVN) had a gross margin of 71.3% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is NAVAN INC's operating margin?
NAVAN INC (NAVN) had an operating margin of -28.0% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is NAVAN INC's net profit margin?
NAVAN INC (NAVN) had a net profit margin of -56.7% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
What is NAVAN INC's return on equity (ROE)?
NAVAN INC (NAVN) has a return on equity of -33.0% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is NAVAN INC's free cash flow?
NAVAN INC (NAVN) generated $32.8M in free cash flow during fiscal year 2026. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is NAVAN INC's operating cash flow?
NAVAN INC (NAVN) generated $33.7M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are NAVAN INC's total assets?
NAVAN INC (NAVN) had $1.7B in total assets as of fiscal year 2026, including both current and long-term assets.
What are NAVAN INC's capital expenditures?
NAVAN INC (NAVN) invested $917K in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
How much does NAVAN INC spend on research and development?
NAVAN INC (NAVN) invested $151.2M in research and development during fiscal year 2026.
How many shares does NAVAN INC have outstanding?
NAVAN INC (NAVN) had 235M shares outstanding as of fiscal year 2026.
What is NAVAN INC's current ratio?
NAVAN INC (NAVN) had a current ratio of 4.07 as of fiscal year 2026, which is generally considered healthy.
What is NAVAN INC's debt-to-equity ratio?
NAVAN INC (NAVN) had a debt-to-equity ratio of 0.00 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is NAVAN INC's return on assets (ROA)?
NAVAN INC (NAVN) had a return on assets of -23.3% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
Are NAVAN INC's earnings high quality?
NAVAN INC (NAVN) has an earnings quality ratio of -0.08x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can NAVAN INC cover its interest payments?
NAVAN INC (NAVN) has an interest coverage ratio of -12.6x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is NAVAN INC?
NAVAN INC (NAVN) scores 43 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.
