This page provides access to Navan, Inc. (NASDAQ: NAVN) SEC filings, offering a detailed view into how the company reports its business travel, payments, and expense management operations as a public company. Through documents such as annual reports on Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8-K, investors can review Navan’s financial performance, key operating metrics, and material corporate events.
Navan’s filings and related press releases discuss metrics including total revenue, usage revenue, subscription revenue, gross profit, Gross Booking Volume (GBV), and Payment Volume. The company defines GBV as the total amount paid for valid bookings on its platform, including taxes and fees and adjusted for cancellations and refunds, across hotel, flight, car, rail, and offerings such as Meetings and Events, VIP, and Bleisure. Payment Volume is defined as the aggregate spend through Navan-issued cards, net of chargebacks, cancellations, or refunds.
In addition to GAAP results, Navan reports non-GAAP financial measures such as non-GAAP gross profit and margin, non-GAAP income or loss from operations and operating margin, non-GAAP net income or loss and related per-share measures, and free cash flow. The company explains how these are calculated and provides reconciliations in its filings, which can help readers understand operating performance and trends beyond standard GAAP figures.
Current reports on Form 8-K can highlight significant events, such as leadership changes. For example, Navan has filed an 8-K describing the planned departure of its Chief Financial Officer, the appointment of an Interim Chief Financial Officer, and associated transition and retention agreements, while noting that the departure was not due to any disagreement with the company. By using this filings page together with AI-powered summaries, readers can quickly navigate long documents, identify key sections on revenue, operating metrics, non-GAAP measures, and governance matters, and better understand Navan’s regulatory disclosures over time.
Navan, Inc.'s wholly owned subsidiary Navan Travel US SPV LLC entered into a revolving warehouse credit facility with commitments of up to $225,000,000 to finance purchases of the company's corporate charge card receivables. The receivables secure the loans, and Navan Travel must repay borrowings from their collections; its assets will not be available to satisfy Navan, Inc.'s obligations. No advances had been made as of October 5, 2026.
The facility has an initial 24-month revolving period followed by a three-month amortization period, and advances are subject to a borrowing base tied to receivables' value and eligibility. Applicable rates include a 1.40% Class A Margin; rates increase by 1.00% after the revolving period and by 2.00% upon an early amortization event other than an event of default. On default, borrowed amounts bear the Base Rate plus 6.50%.
Separately, an amendment to Liquid Labs SPV, LLC's existing agreements records consent from the Administrative Agent and Class A lenders for Liquid Labs to prepay all outstanding Class B advances, accrued interest and fees, including the Class B prepayment premium, and reduce the Class B committed amount in whole, without a pro rata prepayment of Class A advances or termination of the Class A commitment.
Navan, Inc. President Michael Eric Sindicich sold 8,977 shares of Class A common stock on September 21, 2026, at $21.2741 per share. The sale was required to cover tax-withholding obligations tied to RSU vesting and was not a discretionary trade. His reported direct holdings after the sale were 539,341 shares, including 326,438 RSUs, each a contingent right to receive one share upon vesting. No Rule 10b5-1 plan is reported.
Navan, Inc. Chief Technology Officer and director Twig Ilan Ezra reported a mandatory sale of 36,040 Class A Common Stock shares at $21.2741 per share on September 21, 2026 to cover tax withholding tied to vesting of restricted stock units; the sale was not discretionary. After the transaction, he reported 769,820 shares, including 640,867 RSUs, each a contingent right to receive one share upon vesting. No Rule 10b5-1 plan is reported.
Navan, Inc. Chairperson and CEO Ariel M. Cohen reported selling 50,647 Class A common shares on September 21, 2026, at $21.2741 per share. After the sale, Cohen directly held 1,035,595 shares, including 995,682 RSUs, each a contingent right to receive one Class A share upon vesting. The shares sold were required to cover tax withholding obligations related to RSU vesting; the transaction was described as mandatory, not discretionary.
Navan, Inc. (NAVN) disclosed that officer Michael E. Sindicich filed a Rule 144 notice to sell 8,977 shares of Class A common stock through Morgan Stanley Smith Barney. The shares relate to vested restricted stock units from grants vesting on January 22, 2025 and May 21, 2026, and the filing states the sale is a sell-to-cover transaction for taxes owed.
Navan, Inc. (NAVN) is the issuer for a Rule 144 notice filed by Ilan Twig covering proposed sales of Class A Common Stock. The notice lists up to 36,040 shares of Navan Class A Common Stock to be sold through Morgan Stanley Smith Barney Executive Financial Services, with an aggregate market value of $769,814.40 and a listed trading market of NASDAQ as of September 21, 2026.
The notice also discloses earlier grants of restricted stock units from Navan totaling 24,068 RSUs (granted April 24, 2025) and 11,972 RSUs (granted May 21, 2026). In the past three months, Ilan Twig sold 24,726 shares of Class A Common Stock on June 22, 2026 for an aggregate sale price of $520,816.10. The filer states that the current transaction is a sell-to-cover sale for taxes owed related to recent vesting and settlement of restricted stock units granted by Navan.
Navan, Inc. (NAVN) reports that Ariel M. Cohen has filed a Form 144 notice to sell Class A Common Stock under Rule 144. The notice covers 50,647 shares with an aggregate market value of $1,081,819.92, based on a reported 245,369,100 shares outstanding and an approximate sale date of September 21, 2026.
The shares relate to vested restricted stock units, and the filer states the planned sale is a sell-to-cover transaction for taxes owed on recent vesting and settlement of awards granted by Navan. The notice also lists prior sales of Class A Common Stock by Ariel M. Cohen and related trusts during the past three months.
Navan, Inc. (NAVN) reported strong top-line growth for the quarter ended July 31, 2026, while remaining unprofitable. Revenue rose to $232.8 million from $172.0 million a year earlier, with usage-based revenue of $211.4 million and subscription revenue of $21.4 million. Gross profit was $172.5 million, but operating expenses of $200.2 million, driven by research and development, sales and marketing, and general and administrative costs, resulted in a loss from operations of $25.6 million.
Net loss for the quarter narrowed to $29.1 million from $38.6 million, and first-half net loss improved to $49.6 million from $99.9 million. Key operating metrics grew rapidly, with gross booking volume at $3.0 billion (up 45%) and payment volume at $1.3 billion (up 34%) for the quarter. Navan ended the period with $653.0 million in cash and cash equivalents and $167.0 million in short-term investments, against total debt of $125.0 million, and generated $18.4 million of operating cash flow in the first half.
Navan, Inc. (NAVN) reported strong results for the quarter ended July 31, 2026, with rapid growth and improved profitability metrics. Total revenue was $232.8 million, up 35% year-over-year, driven by $211 million of usage revenue (up 35%) and $21 million of subscription revenue (up 39%). Gross Booking Volume reached $3.0 billion, up 45%, and payment volume was $1.3 billion, up 34%. GAAP gross profit was $172.5 million (74% margin), while non-GAAP gross profit was $175.0 million (75% margin). GAAP loss from operations widened to $25.6 million with an operating margin of (11)%, but non-GAAP income from operations more than doubled to $17.3 million, a 7% margin. GAAP net loss improved to $29.1 million from $38.6 million, and non-GAAP net income was $13.7 million versus a non-GAAP net loss a year ago. Free cash flow was positive $21.5 million compared with negative $4.1 million. Cash, cash equivalents and restricted cash totaled $748.5 million at quarter end. Navan raised its fiscal 2027 outlook, now expecting full-year revenue of $927–$933 million and non-GAAP operating income of $82–$86 million, and guided Q3 revenue to $253–$255 million with a 14% non-GAAP operating margin at the midpoint.
Navan, Inc. insider Ariel M. Cohen, Chairperson and CEO, reported a series of transactions on August 27, 2026 involving both Class A and Class B Common Stock. Three blocks totaling 225,000 shares of Class B Common Stock held through the Lihi, Shai and Sivan Cohen GST Trusts were converted into an equal number of Class A shares, consistent with the automatic one-for-one conversion terms for Class B stock.
On the same date, a total of 393,378 shares of Class A Common Stock were sold at a weighted average price of $30.1441, including 168,378 shares sold directly and 75,000 shares sold by each of the three GST Trusts. The price range for the sales was $30.00 to $30.66, and the sales were effected pursuant to a Rule 10b5-1 trading plan adopted on January 6, 2026. Following these transactions, Cohen held 1,086,242 Class A shares directly, including 1,086,122 RSUs, and continued to hold substantial indirect Class B positions convertible into Class A, including 3,165,987 underlying Class A shares through the Ariel Mordechai Cohen Living Trust.