Welcome to our dedicated page for NAVAN SEC filings (Ticker: NAVN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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. 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.
Navan, Inc. furnished a press release announcing financial results for the fiscal quarter ended October 31, 2025, and disclosed a planned chief financial officer transition.
Chief Financial Officer Amy Butte will step down effective January 9, 2026, remain as an advisor until the earlier of the appointment of a full-time CFO and May 1, 2026, and receive a transition package that includes accelerated vesting of all unvested equity awards outstanding at separation, six months of base salary and benefits, a prorated target bonus for the fiscal year ending January 31, 2027, extended option exercise rights and a one-time cash payment of $3,700,000, subject to specified conditions.
Senior Vice President, Strategic Finance and Chief Accounting Officer Anne Giviskos will become Interim Chief Financial Officer on the Transition Date with a base salary of $500,000, an annual bonus opportunity up to $250,000, a retention agreement providing a one-time $1,500,000 cash payment on the earlier of a permanent CFO appointment and June 30, 2026, and full vesting of unvested equity awards at that time, with similar benefits if she is terminated without cause or resigns for good reason before that date.