Navan Income Statement

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

Millions USD. Fiscal year is Feb - Jan.

Fiscal Year	TTM	FY 2025	FY 2024
Period Ending	Jul '25 Jul 31, 2025	Jan '25 Jan 31, 2025	Jan '24 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