The financials
NextNav Inc. by the numbers
NextNav Inc. (NN) reported revenue of $995K in Q1 2026 (quarter ended March 31, 2026), down 35% from the same quarter a year earlier. That came with a gross margin of −113% and net loss of $11M. For the full year FY2025, revenue was $4.6M (−19% year on year) and net income −$189M. Its largest product in 2025-Q3 was Commercial Services at $882K, 99% of the disclosed total, just ahead of Government Contract Services at 0.6%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $995K | $1.5M | −35% |
| Gross profit | −$1.1M | −$994K | n/a |
| Operating income | −$19M | −$17M | n/a |
| Net income | −$11M | −$59M | n/a |
| Diluted EPS | −$0.12 | −$0.45 | n/a |
| Product | Revenue | Share |
|---|---|---|
| Commercial Services | $882K | 99% |
| Government Contract Services | $5K | 0.6% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $995.0K (+12%)
Commercial Services grew +6.8% year on year
Segment Latestquarter on quarteryear on year
- Commercial Services$995.0K$995.0KQoQ +13%year on year +6.8%+13%+6.8%
- Government Contract Services--QoQ -year on year ---
Software - Infrastructure
Ranks #75 of 78 by Smart Score