Every 10-Q that NextNav Inc. (NN) 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 NN 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 NN filings page.
NextNav Inc. reported continued losses but a much stronger balance sheet for the quarter ended June 30, 2026. Revenue was $1.2 million for the quarter and $2.1 million for the first six months, down from $2.7 million in the prior-year period, while the company recorded a six‑month operating loss of $39.6 million.
Non‑operating items dominated results, including a $21.4 million debt extinguishment gain and large noncash fair value losses on warrants and derivatives. Net loss narrowed to $44.4 million for the first half of 2026 versus $121.8 million a year earlier. The balance sheet improved markedly: all $190 million of 2028 convertible notes were converted, eliminating $273.6 million of long‑term debt and turning stockholders’ equity from a $86.2 million deficit at year‑end 2025 to $334.5 million of equity. Cash and short‑term investments totaled $228.8 million, and the company states this liquidity should cover operational and capital needs for more than 12 months as it continues investing in its PNT and 5G NR “NextGen” technology and U.S. spectrum assets.
NextNav Inc. reported first-quarter 2026 results showing continued investment and narrower losses driven by non‑operating gains. Revenue was $995 thousand, down 35.3% from $1.5 million a year earlier, mainly from lower government and commercial services activity. Operating expenses rose to $20.3 million as the company increased research and development and maintained high selling, general and administrative spending, leading to an operating loss of $19.3 million.
Net loss improved to $10.6 million from $58.6 million, largely because of favorable fair value movements on warrants and its convertible notes derivative. Cash and cash equivalents were $30.6 million, with short‑term investments of $112.4 million, for total liquidity of about $143.0 million as of March 31, 2026. Long‑term debt, primarily the 5.00% senior secured convertible notes due 2028, totaled $267.2 million, and net cash used in operating activities was $10.0 million.
NextNav Inc. reported a small quarterly net income of $483 thousand for the three months ended September 30, 2025, driven by non-cash fair value gains, while its core operations remained loss-making. Revenue was $887 thousand and operating loss was $19,865 thousand. Results benefited from a $18,774 thousand gain from the change in fair value of a derivative liability and a $4,801 thousand gain from warrants, which offset interest expense.
Liquidity strengthened: cash and cash equivalents plus marketable securities totaled $167.6 million as of September 30, 2025, following the issuance of $190 million 5.00% Senior Secured Convertible Notes due 2028 and the redemption of prior 2026 notes, which produced a $14,434 thousand extinguishment loss year-to-date. Long-term debt rose to $230,124 thousand, and stockholders’ equity moved to a deficit of $22,118 thousand. The company closed its purchase of 128 M‑LMS licenses, issuing 1,194,820 shares for $20.4 million, lifting indefinite‑lived intangibles to $36,443 thousand. Management states current liquidity is expected to cover needs beyond the next 12 months.