Navan, Inc. (NAVN)

Navan Income Statement

Financials in millions USD. Fiscal year is February - January.

Year Ending	TTM	Jan 31, 2025	Jan 31, 2024
Revenue	612.52	536.84	402.26
Revenue Growth (YoY)	-	33.46%	-
Cost of Revenue	-	169.82	162.62
Gross Profit	432.67	367.02	239.63
Selling, General & Admin	-	352.27	353.53
Research & Development	-	122.39	132.44
Operating Expenses	-	474.66	485.98
Operating Income	-80.42	-107.64	-246.34
Interest Expense / Income	70.12	76	63.28
Other Expense / Income	24.56	-12.13	16.5
Pretax Income	-175.1	-171.51	-326.12
Income Tax	13.32	9.57	5.43
Net Income	-188.41	-181.08	-331.55
Free Cash Flow	-32.85	-66.71	-183.67
Gross Margin	70.64%	68.37%	59.57%
Operating Margin	-13.13%	-20.05%	-61.24%
Profit Margin	-30.76%	-33.73%	-82.42%
Free Cash Flow Margin	-5.36%	-12.43%	-45.66%
EBITDA	-75.24	-64.98	-228.95
EBITDA Margin	-12.28%	-12.10%	-56.92%
Depreciation & Amortization	29.74	30.54	33.9
EBIT	-104.98	-95.51	-262.84
EBIT Margin	-17.14%	-17.79%	-65.34%

Source: IPO financials are sourced from S-1 and S-1/A filings submitted to the Securities and Exchange Commission (SEC).