What is Nextnav Inc's earnings per share (EPS)?

Nextnav Inc (NN) reported diluted earnings per share of $-1.42 for fiscal year 2025. This represents a -69.0% change compared to the previous fiscal year. 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.

Nextnav Inc Financials

Source SEC Filings (10-K/10-Q) Data as of Mar 31, 2026 Currency USD FYE December

This page shows Nextnav Inc (NN) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI NN FY2025 2026-05-14

NextNav's core mechanic today is external funding supporting a still-unscaled revenue base, with operations not yet carrying the enterprise.

In FY2025, financing cash flow of $120.5M more than offset free cash burn of $50.8M, which is why year-end cash held up despite deeply negative operations. At the same time, equity turned negative, so liquidity was preserved by new capital while underlying cash generation moved the other way.

This is still a development-stage cost structure: revenue was only $4.6M, while R&D alone ran at $19.0M. That means reported losses reflect a business being funded to build capability and pursue commercialization, not one already scaled enough for margins to describe normal earnings power.

The jump from an 87.1% gross margin in FY2024 to -86.8% in FY2025 is less about a mature pricing story than about an immature revenue model where small contract or service shifts can overwhelm the income statement. Meanwhile, liabilities now exceed assets, so the capital structure has become a bigger operating fact than the revenue line itself.

Financial Health Signals

Financial Health Score 44/100

Scored as: Emerging companies peer group

Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Nextnav Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Cash Runway

Dilution

R&D Intensity

Revenue Progress

Burn Trend

Balance Sheet

Altman Z-Score Distress

-2.52

Nextnav Inc scores -2.52, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($2.0B) relative to total liabilities ($333.3M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Weak

2/9

Nextnav Inc passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Low Quality

0.27x

For every $1 of reported earnings, Nextnav Inc generates $0.27 in operating cash flow (-$50.7M OCF vs -$189.3M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk

-5.6x

Nextnav Inc earns $-5.6 in operating income for every $1 of interest expense (-$70.2M vs $12.4M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$4.6M

YoY-19.3%

5Y CAGR+51.7%

Nextnav Inc generated $4.6M in revenue in fiscal year 2025. This represents a decrease of 19.3% from the prior year.

EBITDA

-$62.5M

YoY-13.9%

Nextnav Inc's EBITDA was -$62.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 13.9% from the prior year.

Net Income

-$189.3M

YoY-85.8%

Nextnav Inc reported -$189.3M in net income in fiscal year 2025. This represents a decrease of 85.8% from the prior year.

EPS (Diluted)

$-1.42

YoY-69.0%

Nextnav Inc earned $-1.42 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 69.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow

-$50.8M

YoY-32.4%

Nextnav Inc generated -$50.8M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 32.4% from the prior year.

Cash & Debt

$44.8M

YoY+13.8%

5Y CAGR+26.8%

Nextnav Inc held $44.8M in cash against $273.6M in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

135M

YoY+3.2%

Nextnav Inc had 135M shares outstanding in fiscal year 2025. This represents an increase of 3.2% from the prior year.

Margins & Returns

Gross Margin

-86.8%

YoY-173.9pp

5Y CAGR-29.8pp

Nextnav Inc's gross margin was -86.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 173.9 percentage points from the prior year.

Operating Margin

-1535.8%

YoY-475.7pp

5Y CAGR+3643.3pp

Nextnav Inc's operating margin was -1535.8% in fiscal year 2025, reflecting core business profitability. This is down 475.7 percentage points from the prior year.

Net Margin

-4138.5%

YoY-2341.4pp

5Y CAGR+19997.9pp

Nextnav Inc's net profit margin was -4138.5% in fiscal year 2025, showing the share of revenue converted to profit. This is down 2341.4 percentage points from the prior year.

Return on Equity

N/A

Capital Allocation

R&D Spending

$19.0M

YoY+16.7%

5Y CAGR+16.6%

Nextnav Inc invested $19.0M in research and development in fiscal year 2025. This represents an increase of 16.7% from the prior year.

Share Buybacks

N/A

Capital Expenditures

$50K

YoY-85.7%

5Y CAGR-62.1%

Nextnav Inc invested $50K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 85.7% from the prior year.

NN Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$4.6M-19.3%	$5.7M+46.8%	$3.9M-1.6%	$3.9M+414.5%	$763K+34.1%	$569K
Cost of Revenue	$8.5M+1071.5%	$729K-68.6%	$2.3M-3.0%	$2.4M+929.7%	$232K-74.0%	$893K
Gross Profit	-$4.0M-180.3%	$4.9M+219.9%	$1.5M+0.5%	$1.5M+189.5%	$531K+263.9%	-$324K
R&D Expenses	$19.0M+16.7%	$16.2M-16.7%	$19.5M+14.3%	$17.1M+80.2%	$9.5M+7.8%	$8.8M
SG&A Expenses	$39.6M+18.1%	$33.5M+10.5%	$30.3M-17.9%	$36.9M+172.4%	$13.6M+2.3%	$13.3M
Operating Income	-$70.2M-16.9%	-$60.1M+5.4%	-$63.5M+3.1%	-$65.5M-54.5%	-$42.4M-44.0%	-$29.5M
Interest Expense	-$12.4M-32.4%	-$9.4M-156.6%	-$3.7M-506.7%	$901K-95.0%	$17.8M+77.8%	$10.0M
Income Tax	$198K+14.5%	$173K-21.7%	$221K+889.3%	-$28K-153.8%	$52K+36.8%	$38K
Net Income	-$189.3M-85.8%	-$101.9M-42.0%	-$71.7M-78.8%	-$40.1M+72.3%	-$144.7M-5.3%	-$137.3M
EPS (Diluted)	$-1.42-69.0%	$-0.84-27.3%	$-0.66-65.0%	$-0.40+94.1%	$-6.73	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$995K+5.3%	$945K+6.5%	$887K-26.2%	$1.2M-21.9%	$1.5M-19.5%	$1.9M+18.9%	$1.6M+45.4%	$1.1M
Cost of Revenue	$2.1M+9.9%	$1.9M-5.4%	$2.0M+0.3%	$2.0M-19.7%	$2.5M+133.6%	-$7.5M-391.7%	$2.6M-11.6%	$2.9M
Gross Profit	-$1.1M-14.3%	-$986K+14.6%	-$1.2M-38.5%	-$833K+16.2%	-$994K-110.5%	$9.5M+1066.5%	-$978K+46.2%	-$1.8M
R&D Expenses	$5.9M+20.3%	$4.9M-4.2%	$5.2M+6.8%	$4.8M+19.5%	$4.0M+3.1%	$3.9M+10.5%	$3.5M-13.7%	$4.1M
SG&A Expenses	$10.7M+22.1%	$8.8M-12.1%	$10.0M-2.2%	$10.2M-2.7%	$10.5M+17.7%	$8.9M+11.5%	$8.0M-1.1%	$8.1M
Operating Income	-$19.3M-20.0%	-$16.1M+18.8%	-$19.9M-15.2%	-$17.2M-1.4%	-$17.0M-15.2%	-$14.8M-6.6%	-$13.9M+9.7%	-$15.3M
Interest Expense	$5.2M+122.9%	-$22.5M-552.7%	$5.0M+1.4%	$4.9M+2343.3%	$201K+107.5%	-$2.7M-21.6%	-$2.2M+4.4%	-$2.3M
Income Tax	$56K+7.7%	$52K+13.0%	$46K+9.5%	$42K-27.6%	$58K+65.7%	$35K+34.6%	$26K-61.8%	$68K
Net Income	-$10.6M+84.4%	-$68.0M-14170.8%	$483K+100.8%	-$63.2M-7.9%	-$58.6M-81.5%	-$32.3M-137.1%	-$13.6M+44.2%	-$24.4M
EPS (Diluted)	$-0.12	N/A	$-0.12+75.0%	$-0.48-6.7%	$-0.45	N/A	$-0.11+47.6%	$-0.21

NN Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$247.0M+52.7%	$161.7M-0.3%	$162.2M+31.0%	$123.8M-9.5%	$136.8M+204.7%	$44.9M
Current Assets	$157.4M+82.9%	$86.0M-5.7%	$91.2M+49.1%	$61.2M-42.5%	$106.3M+488.4%	$18.1M
Cash & Equivalents	$44.8M+13.8%	$39.3M-52.0%	$81.9M+73.4%	$47.2M-52.8%	$100.1M+632.1%	$13.7M
Inventory	N/A	N/A	N/A	N/A	$4.6M	N/A
Accounts Receivable	$2.3M-28.9%	$3.3M+41.6%	$2.3M+7.6%	$2.2M+24.6%	$1.7M+2159.7%	$77K
Goodwill	$19.2M+12.9%	$17.0M-5.6%	$18.0M+2.8%	$17.5M	N/A	N/A
Total Liabilities	$333.3M+198.6%	$111.6M+36.0%	$82.1M+311.9%	$19.9M-46.0%	$36.9M-93.1%	$535.3M
Current Liabilities	$12.4M+2.0%	$12.1M+23.9%	$9.8M+10.3%	$8.9M+33.0%	$6.7M+57.5%	$4.2M
Long-Term Debt	$273.6M+400.9%	$54.6M+12.7%	$48.4M	N/A	N/A	N/A
Total Equity	-$86.2M-272.1%	$50.1M-36.3%	$78.7M-21.3%	$100.0M+0.1%	$100.0M+120.4%	-$490.4M
Retained Earnings	-$1.1B-22.0%	-$862.1M-13.4%	-$760.2M-10.4%	-$688.5M-6.3%	-$647.9M-32.1%	-$490.3M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$235.6M-4.6%	$247.0M-6.1%	$263.1M+2.5%	$256.7M-4.4%	$268.6M+66.1%	$161.7M-5.8%	$171.7M-0.4%	$172.3M
Current Assets	$147.9M-6.1%	$157.4M-8.6%	$172.3M-5.3%	$182.0M-6.0%	$193.5M+124.8%	$86.0M-17.6%	$104.4M+0.2%	$104.2M
Cash & Equivalents	$30.6M-31.6%	$44.8M-50.3%	$90.0M+52.9%	$58.9M-60.9%	$150.4M+282.5%	$39.3M-42.1%	$67.9M+7.8%	$63.0M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$1.4M-41.2%	$2.3M+63.8%	$1.4M-36.0%	$2.2M+36.0%	$1.6M-50.2%	$3.3M+47.7%	$2.2M-0.6%	$2.2M
Goodwill	$18.7M-2.4%	$19.2M+0.3%	$19.1M0.0%	$19.1M+8.2%	$17.6M+4.0%	$17.0M-6.7%	$18.2M+4.2%	$17.4M
Total Liabilities	$325.6M-2.3%	$333.3M+16.9%	$285.2M-6.2%	$304.0M+16.0%	$262.0M+134.8%	$111.6M+5.2%	$106.1M-2.2%	$108.5M
Current Liabilities	$14.1M+13.9%	$12.4M-17.1%	$14.9M+22.8%	$12.2M+5.3%	$11.5M-4.9%	$12.1M-41.7%	$20.8M+18.5%	$17.6M
Long-Term Debt	$267.2M-2.3%	$273.6M+18.9%	$230.1M-6.6%	$246.3M+15.6%	$213.1M+290.1%	$54.6M+3.1%	$53.0M+3.1%	$51.4M
Total Equity	-$90.0M-4.3%	-$86.2M-289.9%	-$22.1M+53.2%	-$47.2M-818.3%	$6.6M-86.9%	$50.1M-23.6%	$65.6M+2.7%	$63.8M
Retained Earnings	-$1.1B-1.0%	-$1.1B-6.9%	-$983.4M0.0%	-$983.9M-6.9%	-$920.7M-6.8%	-$862.1M-3.9%	-$829.8M-1.7%	-$816.2M

NN Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$50.7M-33.5%	-$38.0M-7.2%	-$35.4M+4.5%	-$37.1M+22.6%	-$47.9M-68.7%	-$28.4M
Capital Expenditures	$50K-85.7%	$350K-87.3%	$2.8M-7.2%	$3.0M+190.0%	$1.0M-84.1%	$6.4M
Free Cash Flow	-$50.8M-32.4%	-$38.4M-0.4%	-$38.2M+4.7%	-$40.1M+18.2%	-$49.0M-40.6%	-$34.8M
Investing Cash Flow	-$64.6M-63.6%	-$39.5M-3774.8%	$1.1M+106.8%	-$15.7M-1127.5%	-$1.3M+82.1%	-$7.2M
Financing Cash Flow	$120.5M+243.2%	$35.1M-49.1%	$69.0M+160327.9%	$43K-100.0%	$135.6M+290.1%	$34.8M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	$4K	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	-$10.0M+37.5%	-$16.1M-79.3%	-$9.0M+33.7%	-$13.5M-11.0%	-$12.2M-1.9%	-$11.9M-76.2%	-$6.8M+44.8%	-$12.3M
Capital Expenditures	$10K+166.7%	-$15K-287.5%	$8K-70.4%	$27K-10.0%	$30K-82.1%	$168K+16700.0%	$1K-99.3%	$149K
Free Cash Flow	-$10.1M+37.5%	-$16.1M-79.3%	-$9.0M+33.8%	-$13.6M-11.0%	-$12.2M-0.8%	-$12.1M-78.6%	-$6.8M+45.5%	-$12.4M
Investing Cash Flow	-$4.2M+86.0%	-$29.6M-173.0%	$40.5M+151.6%	-$78.5M-2711.6%	$3.0M+113.8%	-$21.8M-568.2%	$4.7M+123.0%	-$20.2M
Financing Cash Flow	$233K-42.5%	$405K+214.4%	-$354K-236.7%	$259K-99.8%	$120.2M+2139.1%	$5.4M-24.0%	$7.1M-68.1%	$22.2M
Dividends Paid	N/A	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	N/A

NN Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	-86.8%-173.9pp	87.1%+47.2pp	40.0%+0.8pp	39.1%-30.4pp	69.6%+126.5pp	-56.9%
Operating Margin	-1535.8%-475.7pp	-1060.1%+584.9pp	-1645.0%+24.3pp	-1669.3%+3891.5pp	-5560.8%-381.7pp	-5179.1%
Net Margin	-4138.5%-2341.4pp	-1797.1%+60.3pp	-1857.5%-835.7pp	-1021.8%+17938.4pp	-18960.2%+5176.2pp	-24136.4%
Return on Equity	N/A	-203.3%-112.2pp	-91.1%-51.0pp	-40.1%+104.6pp	-144.7%	N/A
Return on Assets	-76.6%-13.6pp	-63.0%-18.8pp	-44.2%-11.8pp	-32.4%+73.3pp	-105.7%+200.1pp	-305.9%
Current Ratio	12.71+5.6	7.09-2.2	9.31+2.4	6.89-9.0	15.92+11.7	4.26
Debt-to-Equity	-3.17-4.3	1.09+0.5	0.62+0.4	0.20-0.2	0.37+1.5	-1.09
FCF Margin	-1110.8%-434.1pp	-676.6%+312.3pp	-988.9%+31.5pp	-1020.4%+5395.6pp	-6416.0%-295.8pp	-6120.2%

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	-113.3%-8.9pp	-104.3%+25.8pp	-130.1%-60.8pp	-69.3%-4.7pp	-64.6%-559.2pp	494.6%+555.5pp	-60.9%+103.8pp	-164.6%
Operating Margin	-1944.0%-237.9pp	-1706.1%+533.4pp	-2239.6%-805.3pp	-1434.3%-329.4pp	-1104.9%-332.3pp	-772.6%+89.4pp	-862.0%+525.5pp	-1387.5%
Net Margin	-1067.4%+6124.3pp	-7191.8%-7246.2pp	54.4%+5311.9pp	-5257.5%-1451.2pp	-3806.3%-2117.7pp	-1688.6%-841.8pp	-846.9%+1360.4pp	-2207.2%
Return on Equity	N/A	N/A	N/A	N/A	-891.2%-826.8pp	-64.4%-43.6pp	-20.8%+17.5pp	-38.2%
Return on Assets	-4.5%+23.0pp	-27.5%-27.7pp	0.2%+24.8pp	-24.6%-2.8pp	-21.8%-1.9pp	-20.0%-12.0pp	-7.9%+6.2pp	-14.1%
Current Ratio	10.49-2.2	12.71+1.2	11.54-3.4	14.97-1.8	16.75+9.7	7.09+2.1	5.01-0.9	5.93
Debt-to-Equity	-2.97+0.2	-3.17+7.2	-10.40-5.2	-5.22-37.6	32.42+31.3	1.09+0.3	0.810.0	0.81
FCF Margin	-1010.1%+692.7pp	-1702.9%-691.3pp	-1011.6%+115.8pp	-1127.4%-334.1pp	-793.3%-159.3pp	-634.0%-212.0pp	-422.0%+704.0pp	-1126.1%

Note: Shareholder equity is negative (-$86.2M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

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Frequently Asked Questions

What is Nextnav Inc's annual revenue?

Nextnav Inc (NN) reported $4.6M in total revenue for fiscal year 2025. This represents a -19.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Nextnav Inc's revenue growing?

Nextnav Inc (NN) revenue declined by 19.3% year-over-year, from $5.7M to $4.6M in fiscal year 2025.

Is Nextnav Inc profitable?

No, Nextnav Inc (NN) reported a net income of -$189.3M in fiscal year 2025, with a net profit margin of -4138.5%.

What is Nextnav Inc's EBITDA?

Nextnav Inc (NN) had EBITDA of -$62.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Nextnav Inc have?

As of fiscal year 2025, Nextnav Inc (NN) had $44.8M in cash and equivalents against $273.6M in long-term debt.

What is Nextnav Inc's gross margin?

Nextnav Inc (NN) had a gross margin of -86.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Nextnav Inc's operating margin?

Nextnav Inc (NN) had an operating margin of -1535.8% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Nextnav Inc's net profit margin?

Nextnav Inc (NN) had a net profit margin of -4138.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Nextnav Inc's free cash flow?

Nextnav Inc (NN) generated -$50.8M in free cash flow during fiscal year 2025. This represents a -32.4% change compared to the previous fiscal year. 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 Nextnav Inc's operating cash flow?

Nextnav Inc (NN) generated -$50.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Nextnav Inc's total assets?

Nextnav Inc (NN) had $247.0M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Nextnav Inc's capital expenditures?

Nextnav Inc (NN) invested $50K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Nextnav Inc spend on research and development?

Nextnav Inc (NN) invested $19.0M in research and development during fiscal year 2025.

How many shares does Nextnav Inc have outstanding?

Nextnav Inc (NN) had 135M shares outstanding as of fiscal year 2025.

What is Nextnav Inc's current ratio?

Nextnav Inc (NN) had a current ratio of 12.71 as of fiscal year 2025, which is generally considered healthy.

What is Nextnav Inc's debt-to-equity ratio?

Nextnav Inc (NN) had a debt-to-equity ratio of -3.17 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Nextnav Inc's return on assets (ROA)?

Nextnav Inc (NN) had a return on assets of -76.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Nextnav Inc's cash runway?

Based on fiscal year 2025 data, Nextnav Inc (NN) had $44.8M in cash against an annual operating cash burn of $50.7M. This gives an estimated cash runway of approximately 11 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Why is Nextnav Inc's debt-to-equity ratio negative or unusual?

Nextnav Inc (NN) has negative shareholder equity of -$86.2M as of fiscal year 2025, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

What is Nextnav Inc's Altman Z-Score?

Nextnav Inc (NN) has an Altman Z-Score of -2.52, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Nextnav Inc's Piotroski F-Score?

Nextnav Inc (NN) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Nextnav Inc's earnings high quality?

Nextnav Inc (NN) has an earnings quality ratio of 0.27x, considered low quality (accrual-driven). 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 Nextnav Inc cover its interest payments?

Nextnav Inc (NN) has an interest coverage ratio of -5.6x, 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 Nextnav Inc?

Nextnav Inc (NN) scores 44 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.