Navan Income Statement

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

Millions USD. Fiscal year is Feb - Jan.

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024
Period Ending	Apr '26 Apr 30, 2026	Jan '26 Jan 31, 2026	Jan '25 Jan 31, 2025	Jan '24 Jan 31, 2024
Revenue	765.04	702.27	536.84	402.26
Revenue Growth	34.82%	30.81%	33.46%	-
Cost of Revenue	213.08	201.77	169.82	162.62
Gross Profit	551.96	500.5	367.02	239.63
Selling, General & Admin	580.74	537.98	352.27	353.53
Research & Development	159.23	151.24	122.39	132.44
Operating Expenses	739.97	689.22	474.66	485.98
Operating Income	-188.02	-188.72	-107.64	-246.34
Interest Expense	-37.79	-54.21	-76	-63.28
Interest & Investment Income	12.76	9.24	5.62	4.52
Currency Exchange Gain (Loss)	-0.09	11.64	-4.7	-0.79
Other Non Operating Income (Expenses)	-37.19	-47.73	11.21	-20.23
EBT Excluding Unusual Items	-250.33	-269.79	-171.51	-326.12
Merger & Restructuring Charges	-3	-1.5	-	-
Other Unusual Items	-105.53	-124.64	-	-
Pretax Income	-358.85	-395.92	-171.51	-326.12
Income Tax Expense	-1.57	2.11	9.57	5.43
Net Income	-357.28	-398.03	-181.08	-331.55
Net Income to Common	-357.28	-398.03	-181.08	-331.55
Net Income Growth	-	-	-	-
Shares Outstanding (Basic)	149	98	45	45
Shares Outstanding (Diluted)	149	98	45	45
Shares Change	226.96%	116.02%	1.54%	-
EPS (Basic)	-2.40	-4.07	-4.00	-7.44
EPS (Diluted)	-2.40	-4.07	-4.00	-7.44
EPS Growth	-	-	-	-

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024
Period Ending	Apr '26 Apr 30, 2026	Jan '26 Jan 31, 2026	Jan '25 Jan 31, 2025	Jan '24 Jan 31, 2024
Free Cash Flow	21.39	32.75	-51.4	-166.92
Free Cash Flow Per Share	0.14	0.34	-1.14	-3.74
Gross Margin	72.15%	71.27%	68.37%	59.57%
Operating Margin	-24.58%	-26.87%	-20.05%	-61.24%
Profit Margin	-46.70%	-56.68%	-33.73%	-82.42%
Free Cash Flow Margin	2.80%	4.66%	-9.57%	-41.50%
EBITDA	-143.58	-143.37	-97.65	-233.28
EBITDA Margin	-18.77%	-20.42%	-18.19%	-57.99%
D&A For EBITDA	44.44	45.35	9.99	13.06
EBIT	-188.02	-188.72	-107.64	-246.34
EBIT Margin	-24.58%	-26.87%	-20.05%	-61.24%
Advertising Expenses	-	35	22.3	12.4

SEC Filings: 10-K · 10-Q