Navan, Inc. (NAVN)

Navan Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024
Period Ending	Oct 31, 2025	Jan 31, 2025	Jan 31, 2024
Revenue	656.34	536.84	402.26
Revenue Growth (YoY)	63.17%	33.46%	-
Cost of Revenue	192.41	169.82	162.62
Gross Profit	463.93	367.02	239.63
Selling, General & Admin	456.57	352.27	353.53
Research & Development	147.56	122.39	132.44
Operating Expenses	604.13	474.66	485.98
Operating Income	-140.2	-107.64	-246.34
Interest Expense	-69.96	-76	-63.28
Other Non Operating Income (Expenses)	-38.91	12.13	-23.2
EBT Excluding Unusual Items	-242.33	-171.51	-332.82
Other Unusual Items	-117.98	-	6.7
Pretax Income	-360.31	-171.51	-326.12
Income Tax Expense	11.61	9.57	5.43
Net Income	-371.92	-181.08	-331.55
Net Income to Common	-371.92	-181.08	-331.55
Shares Outstanding (Basic)	47	45	45
Shares Outstanding (Diluted)	47	45	45
Shares Change (YoY)	4.36%	1.54%	-
EPS (Basic)	-7.99	-4.00	-7.44
EPS (Diluted)	-7.99	-4.00	-7.44
Free Cash Flow	-11.06	-51.4	-166.92
Free Cash Flow Per Share	-0.24	-1.14	-3.74
Gross Margin	70.68%	68.37%	59.57%
Operating Margin	-21.36%	-20.05%	-61.24%
Profit Margin	-56.67%	-33.73%	-82.42%
Free Cash Flow Margin	-1.69%	-9.57%	-41.50%
EBITDA	-130.62	-97.65	-233.28
EBITDA Margin	-19.90%	-18.19%	-57.99%
D&A For EBITDA	9.58	9.99	13.06
EBIT	-140.2	-107.64	-246.34
EBIT Margin	-21.36%	-20.05%	-61.24%
Advertising Expenses	-	22.3	12.4

Updated Oct 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q