The financials
NextNav Inc. by the numbers
NextNav Inc. (NN) reported revenue of $995K in Q1 2026 (quarter ended Mar 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 Jun 2026 was Commercial Services at $1.1M, 97% of the disclosed total, well ahead of Government Contract Services at 2.6%.
| 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 | $1.1M | 97% |
| Government Contract Services | $30K | 2.6% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Jun 2026Total $1.1M (+16%)
Commercial Services grew +10% year on yearGovernment Contract Services -84% year on year
Segment Latestquarter on quarteryear on year
- Commercial Services$1.1M$1.1MQoQ +13%year on year +10%+13%+10%
- Government Contract Services$30.0K$30.0KQoQ -year on year -84%--84%
Software - Infrastructure
Ranks #56 of 64 by Smart Score