NN · XBRL financial data

NextNav financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (NN's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Revenue	1	1*	1	1	2	2*	2	1	1	1*	1	1
Cost of goods and services sold	—	year only	—	—	—	year only	—	—	—	—	—	—
Research and development	5	5*	5	4	4	4*	4	5	5	5*	6	5
Selling, general and administrative	6	12*	8	8	8	9*	11	10	10	9*	11	13
General and administrative	—	—	—	4	5	6*	6	6	6	5*	6	7
Total operating expenses	16	21*	—	—	—	year only	—	—	—	—	—	—
Operating income (loss)	(15)	(20)*	(16)	(15)	(14)	(15)*	(17)	(17)	(20)	(16)*	(19)	(20)
Interest expense	—	—	—	—	—	—	0	5	5	—	5	4
Other income (expense)	(0)	(0)*	(0)	2	0	(1)*	(6)	(3)	(0)	0*	0	(0)
Income tax expense (benefit)	0	0*	0	0	0	0*	0	0	0	0*	0	0
Net income (loss)	(23)	(16)*	(32)	(24)	(14)	(32)*	(59)	(63)	0	(68)*	(11)	(34)
Earnings per share, basic USD per share	(0.21)	—	(0.28)	(0.21)	(0.11)	—	(0.45)	(0.48)	0.00	—	(0.08)	(0.24)
Earnings per share, diluted USD per share	(0.21)	—	(0.28)	(0.21)	(0.11)	—	(0.45)	(0.48)	(0.12)	—	(0.12)	(0.24)
Weighted average shares, basic millions of shares	108	—	0	0	0	—	131	132	133	—	135	142
Weighted average shares, diluted millions of shares	108	—	0	0	0	—	131	132	150	—	152	142

Balance sheet

CSV

Fiscal quarters (NN's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Cash and cash equivalents	90	82	73	63	68	39	150	59	90	45	31	78
Short-term investments	7	4	6	23	19	41	38	117	78	107	112	151
Accounts receivable	3	2	1	2	2	3	2	2	1	2	1	2
Total current assets	102	91	97	104	104	86	193	182	172	157	148	304
Right-of-use asset	20	19	19	19	19	17	17	16	16	15	14	13
Goodwill	17	18	18	17	18	17	18	19	19	19	19	19
Total assets	173	162	166	172	172	162	269	257	263	247	236	389
Accounts payable	1	0	1	1	1	1	1	2	1	1	2	1
Total current liabilities	11	10	24	18	21	12	12	12	15	12	14	12
Long-term debt	47	48	50	51	53	55	213	246	230	274	267	—
Lease liability, non-current	15	15	15	16	15	14	14	13	13	12	12	11
Total liabilities	89	82	108	108	106	112	262	304	285	333	326	55
Accumulated deficit	(744)	(760)	(792)	(816)	(830)	(862)	(921)	(984)	(983)	(1,051)	(1,062)	(1,096)
Total stockholders' equity	80	79	56	64	66	50	7	(47)	(22)	(86)	(90)	335
Total liabilities and equity	173	162	166	172	172	162	269	257	263	247	236	389
Common shares outstanding (cover page) millions of shares	110	111	121	126	129	131	132	133	135	136	136	169

Cash flows

CSV

Fiscal quarters (NN's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Net income (loss)	(23)	(16)*	(32)	(24)	(14)	(32)*	(59)	(63)	0	(68)*	(11)	(34)
Stock-based compensation	4*	—	4	4*	3*	3*	4	4*	5*	4*	5	6*
Depreciation and amortization	1	1*	1	1	1	1*	1	1	4	1*	2	1
Net cash from operating activities	(9)*	(11)*	(7)	(12)*	(7)*	(12)*	(12)	(14)*	(9)*	(16)*	(10)	(18)*
Purchases of property and equipment	0*	0*	0	0*	0*	0*	0	0*	0*	(0)*	0	0*
Net cash from investing activities	25*	3*	(2)	(20)*	5*	(22)*	3	(79)*	41*	(30)*	(4)	(38)*
Proceeds from long-term debt	—	year only	—	—	—	—	—	—	—	—	—	—
Net cash from financing activities	21*	(0)*	1	22*	7*	5*	120	0*	(0)*	0*	0	103*
Net change in cash	37*	(8)*	(9)	(10)*	5*	(29)*	111	(92)*	31*	(45)*	(14)	47*

Compare with peers

Defense primes first (General Dynamics, Northrop Grumman, L3Harris, Huntington Ingalls, RTX), then SIC 3812 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3812 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Defense primes first (General Dynamics, Northrop Grumman, L3Harris, Huntington Ingalls, RTX), whatever their size; consumer navigation makers are left out.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Companies after the primes are not on that list: each is there for its industry code and size, and is marked “added” with its code.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Nextnav	78	1.2	(18)*	168.8M	12.7 quarters	Q2 FY26 10-QJun 30, 2026
General Dynamics	4,388	14,566	1,710*	270.2M	—	Q3 FY26 10-QOct 4, 2026
Northrop Grumman	3,744	11,122	1,745*	142.1M	—	Q3 FY26 10-QSep 30, 2026
L3harris Technologies	2,471	6,060	1,439*	186.2M	—	Q3 FY26 10-QOct 2, 2026
Huntington Ingalls Industries	387	3,537	520*	39.4M	—	Q3 FY26 10-QSep 30, 2026
RTX	9,173	24,965	2,868*	1.3B	—	Q3 FY26 10-QSep 30, 2026
Voyager Technologiesadded: SIC 3760, similar size	373	53	(44)*	not reported	8.4 quarters	Q2 FY26 10-QJun 30, 2026
Intuitive Machinesadded: SIC 3812, similar size	367	206	(57)*	not reported	6.4 quarters	Q2 FY26 10-QJun 30, 2026
Ducommunadded: SIC 3728, similar size	40	224	34*	15.1M	—	Q2 FY26 10-QJul 4, 2026

Not investment advice. Not affiliated with the U.S. SEC.