Every 10-Q that NAVAN INC (NAVN) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow NAVN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full NAVN filings page.
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. reports strong top-line growth for the three months ended April 30, 2026, but remains unprofitable. Revenue rose to $220.2 million from $157.5 million, driven mainly by usage-based fees and subscription growth. Gross profit increased to $163.1 million, though higher research and development, sales and marketing, and general and administrative spending pushed operating loss to $18.1 million. Net loss narrowed significantly to $20.5 million from $61.3 million, while operating cash flow was a modest outflow of $6.8 million. Navan ended the quarter with $645.0 million in cash, cash equivalents, and restricted cash and $162.2 million in short-term investments, alongside $124.5 million of debt, providing a substantial liquidity cushion to support continued investment in its AI-powered travel and expense platform.
Navan, Inc. reported results for the quarter ended October 31, 2025, as it completed an initial public offering of its Class A common stock. The IPO issued 30,000,000 shares at $25.00 per share, providing net proceeds of $713.3 million and triggering the conversion of redeemable convertible preferred stock, SAFEs and convertible notes into common equity.
Revenue was $194,934 (in thousands) for the quarter, compared with $151,118 (in thousands) a year earlier, reflecting growth in its AI-powered travel, payments and expense management platform. However, higher research and development, sales and marketing, and general and administrative spending lifted total operating expenses to $217,090 (in thousands) and drove a loss from operations of $(79,236) (in thousands).
After a $97,450 (in thousands) loss on extinguishment of debt, interest expense and fair value losses, Navan recorded a net loss of $225,389 (in thousands). Cash, cash equivalents and restricted cash rose to $895,254 (in thousands), and stockholders’ equity moved from a deficit of $(1,186,899) (in thousands) at January 31, 2025 to positive $1,218,821 (in thousands), indicating a significantly strengthened balance sheet post-IPO.