NextNav Inc. (NXNVW) Financial Statements (2026 and earlier)

Company Profile

Business Address 11911 FREEDOM DRIVE
RESTON, VA 20190
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 3812 - Search, Detection, Navigation, Guidance, Aeronautical, and Nautical Systems and Instruments (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments, including:152,10080,10085,80055,400100,076
Cash and cash equivalent44,75739,33081,87847,230100,076
Short-term investments107,38140,7853,9548,216 
Other undisclosed cash, cash equivalents, and short-term investments(38)(15)(32)(46) 
Receivables2,3463,3012,3322,1681,740
Other current assets2,9272,6293,0563,5764,516
Other undisclosed current assets38153246 
Total current assets:157,41186,04591,22061,190106,332
Noncurrent Assets
Operating lease, right-of-use asset14,85617,36819,26710,143 
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization(4,695)4,25810,16119,1802,714
Long-term investments and receivables    900 
Long-term investments    900 
Intangible asset, including goodwill, after accumulated amortization61,32826,55528,60227,8908,190
Goodwill19,16116,96617,97717,493 
Intangible asset, excluding goodwill, after accumulated amortization42,1679,58910,62510,3978,190
Other noncurrent assets1,66113,7981,508  
Other undisclosed noncurrent assets16,45813,71611,4004,48519,587
Total noncurrent assets:89,60875,69570,93862,59830,491
TOTAL ASSETS:247,019161,740162,158123,788136,823
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities9,2219,3946,9831,019471
Accounts payable6618583911,019448
Accrued liabilities8,5608,5366,592 23
Deferred revenue491288297951,632
Business combination, contingent consideration, liability    100 
Other liabilities    760 
Other undisclosed current liabilities2,6732,4622,5236,9134,577
Total current liabilities:12,38512,1449,8038,8876,680
Noncurrent Liabilities
Long-term debt and lease obligation273,58954,62148,4471,547 
Long-term debt, excluding current maturities273,58954,62148,4471,547 
Liabilities, other than long-term debt, including:14,11344,85423,8129,4901,311
Other liabilities1,7761,7951,614  
Operating lease, liability12,33714,35215,1455,290 
Derivative instruments and hedges, liabilities  28,7077,0534,200 
Other undisclosed liabilities, other than long-term debt     1,311
Other undisclosed noncurrent liabilities33,167   28,875
Total noncurrent liabilities:320,86999,47572,25911,03730,186
Total liabilities:333,254111,61982,06219,92436,866
Equity
Equity, attributable to parent, including:(86,235)50,12178,734100,01799,957
Common stock1514121211
Treasury stock, value(693)(693)(665)(4) 
Additional paid in capital961,991912,241837,416787,130747,928
Deferred compensation equity     (36,100)
Accumulated other comprehensive income (loss)3,8116652,1981,371(121)
Accumulated deficit(1,051,359)(862,106)(760,227)(688,492)(647,861)
Other undisclosed equity, attributable to parent     36,100
Equity, attributable to noncontrolling interest   1,3623,847 
Total equity:(86,235)50,12180,096103,86499,957
TOTAL LIABILITIES AND EQUITY:247,019161,740162,158123,788136,823

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenues4,5735,6693,8623,926763
Cost of revenue(16,290)(729)(2,318)(2,389)(232)
Cost of product and service sold(8,540)(729)(2,318)(2,389)(232)
Gross profit:(11,717)4,9401,5441,537531
Operating expenses(58,515)(65,767)(67,391)(69,462)(43,192)
Other undisclosed operating income  7292,3182,389232
Operating loss:(70,232)(60,098)(63,529)(65,536)(42,429)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))		(9,061)970(220)(184)(26)
Interest and debt expense(13,734)   (17,842)
Loss from continuing operations before equity method investments, income taxes:(93,027)(59,128)(63,749)(65,720)(60,297)
Other undisclosed income (loss) from continuing operations before income taxes(96,028)(42,578)(7,765)25,576(84,317)
Loss from continuing operations before income taxes:(189,055)(101,706)(71,514)(40,144)(144,614)
Income tax expense (benefit)(198)(173)(221)28(52)
Loss from continuing operations:(189,253)(101,879)(71,735)(40,116)(144,666)
Loss before gain (loss) on sale of properties:✕✕✕✕✕(144,666)
Net loss attributable to parent:(189,253)(101,879)(71,735)(40,116)(144,666)
Other undisclosed net loss available to common stockholders, basic     (13,831)
Net loss available to common stockholders, basic:(189,253)(101,879)(71,735)(40,116)(158,497)
Dilutive securities, effect on basic earnings per share     
Other undisclosed net income available to common stockholders, diluted     
Net loss available to common stockholders, diluted:(189,253)(101,879)(71,735)(40,116)(158,497)

Comprehensive Income ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Net loss:(189,253)(101,879)(71,735)(40,116)(144,666)
Comprehensive loss:(189,253)(101,879)(71,735)(40,116)(144,666)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent3,146(1,533)8271,49225
Comprehensive loss, net of tax, attributable to parent:(186,107)(103,412)(70,908)(38,624)(144,641)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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