Navan, Inc. (NAVN)

Navan Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024
Period Ending	Jul 31, 2025	Jan 31, 2025	Jan 31, 2024
Revenue	612.52	536.84	402.26
Revenue Growth (YoY)	-	33.46%	-
Cost of Revenue	179.85	169.82	162.62
Gross Profit	432.67	367.02	239.63
Selling, General & Admin	383.73	352.27	353.53
Research & Development	129.36	122.39	132.44
Operating Expenses	513.09	474.66	485.98
Operating Income	-80.42	-107.64	-246.34
Interest Expense	-73.35	-76	-63.28
Other Non Operating Income (Expenses)	-9.07	12.13	-23.2
EBT Excluding Unusual Items	-154.57	-171.51	-332.82
Other Unusual Items	-20.53	-	6.7
Pretax Income	-175.1	-171.51	-326.12
Income Tax Expense	13.32	9.57	5.43
Net Income	-188.41	-181.08	-331.55
Net Income to Common	-188.41	-181.08	-331.55
Shares Outstanding (Basic)	46	45	45
Shares Outstanding (Diluted)	46	45	45
Shares Change (YoY)	-	1.54%	-
EPS (Basic)	-4.11	-4.00	-7.44
EPS (Diluted)	-4.11	-4.00	-7.44
Free Cash Flow	-17.2	-51.4	-166.92
Free Cash Flow Per Share	-0.38	-1.14	-3.74
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	-2.81%	-9.57%	-41.50%
EBITDA	-70.85	-97.65	-233.28
EBITDA Margin	-11.57%	-18.19%	-57.99%
D&A For EBITDA	9.57	9.99	13.06
EBIT	-80.42	-107.64	-246.34
EBIT Margin	-13.13%	-20.05%	-61.24%
Advertising Expenses	-	22.3	12.4

Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q