# Nextnav Inc.: overview

NN · Nasdaq · CIK 1865631 · [Technology](/sectors/technology.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/nn.md) · [Financials](/companies/nn/financials.md) · [Filings](/companies/nn/filings.md) · [Insiders](/companies/nn/insiders.md)

Latest reported revenue: [$1.1m](/filings/0001554855-26-001789.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 11, 2026 (XBRL us-gaap:Revenues, accession 0001554855-26-001789).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [1.6](/filings/0001554855-25-001955.md) | [1.9 d](/filings/0001554855-26-000328.md) | [1.5](/filings/0001554855-26-001046.md) | [1.2](/filings/0001554855-26-001789.md) | [0.9](/filings/0001554855-25-001955.md) | [0.9 d](/filings/0001554855-26-000328.md) | [1.0](/filings/0001554855-26-001046.md) | [1.2](/filings/0001554855-26-001789.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(862.0%)](/filings/0001554855-25-001955.md) | [(772.6%) d](/filings/0001554855-26-000328.md) | [(1104.9%)](/filings/0001554855-26-001046.md) | [(1434.3%)](/filings/0001554855-26-001789.md) | [(2239.6%)](/filings/0001554855-25-001955.md) | [(1706.1%) d](/filings/0001554855-26-000328.md) | [(1944.0%)](/filings/0001554855-26-001046.md) | [(1760.8%)](/filings/0001554855-26-001789.md) |
| Net margin | % | [(846.9%)](/filings/0001554855-25-001955.md) | [(1688.6%) d](/filings/0001554855-26-000328.md) | [(3806.3%)](/filings/0001554855-26-001046.md) | [(5257.5%)](/filings/0001554855-26-001789.md) | [54.5%](/filings/0001554855-25-001955.md) | [(7191.7%) d](/filings/0001554855-26-000328.md) | [(1067.4%)](/filings/0001554855-26-001046.md) | [(2935.2%)](/filings/0001554855-26-001789.md) |
| Diluted EPS | $ per share | [(0.11)](/filings/0001554855-25-001955.md) | not reported | [(0.45)](/filings/0001554855-26-001046.md) | [(0.48)](/filings/0001554855-26-001789.md) | [(0.12)](/filings/0001554855-25-001955.md) | not reported | [(0.12)](/filings/0001554855-26-001046.md) | [(0.24)](/filings/0001554855-26-001789.md) |
| Free cash flow | $m | [(6.8) d](/filings/0001554855-25-001955.md) | [(12.1) d](/filings/0001554855-26-000328.md) | [(12.2)](/filings/0001554855-26-001046.md) | [(13.6) d](/filings/0001554855-26-001789.md) | [(9.0) d](/filings/0001554855-25-001955.md) | [(16.1) d](/filings/0001554855-26-000328.md) | [(10.1)](/filings/0001554855-26-001046.md) | [(18.0) d](/filings/0001554855-26-001789.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [0.8](/filings/0001213900-23-024631.md) | [3.9](/filings/0001213900-24-022183.md) | [3.9](/filings/0001213900-25-023287.md) | [5.7](/filings/0001554855-26-000328.md) | [4.6](/filings/0001554855-26-000328.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(5560.8%)](/filings/0001213900-23-024631.md) | [(1669.3%)](/filings/0001213900-24-022183.md) | [(1645.0%)](/filings/0001213900-25-023287.md) | [(1060.1%)](/filings/0001554855-26-000328.md) | [(1535.8%)](/filings/0001554855-26-000328.md) |
| Net margin | % | [(18960.2%)](/filings/0001213900-23-024631.md) | [(1021.8%)](/filings/0001213900-24-022183.md) | [(1857.5%)](/filings/0001213900-25-023287.md) | [(1797.1%)](/filings/0001554855-26-000328.md) | [(4138.5%)](/filings/0001554855-26-000328.md) |
| Diluted EPS | $ per share | [(6.73)](/filings/0001213900-23-024631.md) | [(0.40)](/filings/0001213900-24-022183.md) | [(0.66)](/filings/0001213900-25-023287.md) | [(0.84)](/filings/0001554855-26-000328.md) | [(1.42)](/filings/0001554855-26-000328.md) |
| Free cash flow | $m | [(49.0)](/filings/0001213900-23-024631.md) | [(40.1)](/filings/0001213900-24-022183.md) | [(38.2)](/filings/0001213900-25-023287.md) | [(38.4)](/filings/0001554855-26-000328.md) | [(50.8)](/filings/0001554855-26-000328.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/nn/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [Fortress Investment Group LLC](/funds/1380393.md) | 2026-06-30 | $323.9m | 18,167,792 |  | Added +3,989,738 |
| [Clutterbuck Capital Management LLC](/funds/1517638.md) | 2026-06-30 | $159.8m | 8,964,292 |  | Reduced −336,514 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $148.8m | 8,345,940 |  | Added +868,345 |
| [SUSQUEHANNA ADVISORS GROUP, INC.](/funds/1444949.md) | 2026-06-30 | $99.0m | 5,550,124 |  | Unchanged |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $70.2m | 3,934,461 |  | Added +31,802 |
| [PointState Capital LP](/funds/1509842.md) | 2026-06-30 | $67.6m | 3,790,000 | Call | New +3,790,000 |
| [MILFAM LLC](/funds/1728825.md) | 2026-06-30 | $58.3m | 3,267,920 |  | Added +752,707 |
| [PointState Capital LP](/funds/1509842.md) | 2026-06-30 | $55.5m | 3,114,953 |  | New +3,114,953 |
| [Wolf Hill Capital Management, LP](/funds/1785988.md) | 2026-06-30 | $48.8m | 2,738,547 |  | Reduced −4,301,644 |
| [VAN ECK ASSOCIATES CORP](/funds/869178.md) | 2026-06-30 | $48.7m | 2,730,772 |  | Added +804,865 |

## Recent filings

[All 656 filings](/companies/nn/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-08-11 | 16:10 ET | [10-Q](/filings/0001554855-26-001789.md) | Quarterly report, period 2026-06-30 | 0001554855-26-001789 |
| 2026-08-11 | 16:07 ET | [8-K](/filings/0001554855-26-001788.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001554855-26-001788 |
| 2026-06-16 | 20:00 ET | [8-K](/filings/0001554855-26-001339.md) | 7.01 Regulation FD disclosure; 8.01 Other events; 9.01 Financial statements and exhibits | 0001554855-26-001339 |
| 2026-05-27 | 16:05 ET | [8-K](/filings/0001554855-26-001177.md) | 5.07 Shareholder vote results | 0001554855-26-001177 |
| 2026-05-27 | 08:37 ET | [8-K](/filings/0001554855-26-001172.md) | 7.01 Regulation FD disclosure; 8.01 Other events; 9.01 Financial statements and exhibits | 0001554855-26-001172 |
| 2026-05-22 | 20:00 ET | [SCHEDULE 13D/A](/filings/0001213900-26-060707.md) | Ownership report, active investor, amended | 0001213900-26-060707 |
| 2026-05-14 | 16:13 ET | [10-Q](/filings/0001554855-26-001046.md) | Quarterly report, period 2026-03-31 | 0001554855-26-001046 |
| 2026-05-14 | 16:07 ET | [8-K](/filings/0001554855-26-001044.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001554855-26-001044 |
| 2026-04-08 | 16:32 ET | [DEF 14A](/filings/0001554855-26-000536.md) | Proxy statement, period 2025-12-31 | 0001554855-26-000536 |
| 2026-03-17 | 16:08 ET | [10-K](/filings/0001554855-26-000328.md) | Annual report, period 2025-12-31 | 0001554855-26-000328 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001554855-26-000328.md), filed Mar 17, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/916cb058-2d58-4530-8888-db6598c138d4)

## About the filer

- CIK: 1865631
- Tickers: NN, NXNVW
- Exchange: Nasdaq
- SIC code: 3812 Search, Detection, Navigation, Guidance, Aeronautical Sys
- State of incorporation: DE
- Filer category: Non-accelerated filer<br>Emerging growth company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:49 ET. No prices; not investment advice.
