NextNav Inc.

NASDAQ•NN

CEO: Ms. Mariam Sorond

Sector: Communication Services

Industry: Internet Content & Information

Listing Date: 2020-11-02

NextNav Inc. provides next generation positioning, navigation, and timing (PNT) solutions in the United States. It offers Pinnacle, a dedicated vertical positioning network to cover entire metropolitan areas including devices equipped with a barometric pressure sensor with the highest quality wide-area altitude service. The company also provides TerraPoiNT, an 3D PNT system, provides positioning, navigation and timing services provided by GPS through a land-based GPS satellite constellation. It serves Wi-Fi, telecom, public safety, gaming and location apps, and critical infrastructure applications. NextNav Inc. was founded in 2007 and is headquartered in McLean, Virginia.

Contact Information

1775 Tysons Boulevard, 5th Floor, McLean, VA, 22102, United States

800-775-0982

www.nextnav.com

Market Cap

$2.27B

P/E (TTM)

-14.6

32.3

Dividend Yield

52W High

$18.25

52W Low

$9.05

52W Range

85%

Rank53Top 76.1%

2.8

F-Score

Modified Piotroski Analysis

Based on 6-year fundamentals

Weak • 2.8 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2020-2025

Financial Dashboard

Q3 2025 Data

Revenue

$887.00K-44.80%

4-Quarter Trend

EPS

$0.00+9.09%

4-Quarter Trend

FCF

-$9.08M+33.93%

4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

M-LMS License Acquisition Closed Completed M-LMS license acquisition in September 2025, recognizing $33.0M in indefinite-lived intangible assets.

Current Assets Substantially Increased Total current assets reached $172.3M by Sep 30, 2025, driven by $77.6M short term investments.

Significant Non-Operating Income Other income was $58.1M for nine months 2025, primarily driven by gain from fair value changes in derivative liability.

Debt Restructuring Completed Issued $190.0M in 2028 Notes, using proceeds to redeem all $70.0M of 2026 Notes in March 2025.

Risk Factors

Net Loss Significantly Widened Nine months 2025 net loss widened to $121.3M, compared to $69.6M net loss for nine months 2024.

Stockholders' Equity Deficit Total stockholders' equity registered a $22.1M deficit as of Sep 30, 2025, down from $50.1M surplus previously.

Liabilities Surge from Debt Total liabilities increased to $285.2M by Sep 30, 2025, primarily due to $230.1M in net long term debt.

Operating Expenses Outpacing Revenue SG&A expenses grew 25.2% to $30.8M for nine months 2025, outpacing the 3.5% decrease in total revenue.

Outlook

R&D Investment Continues Expect R&D costs to increase as NextNav invests heavily in current and future products, including NextGen platform.

Liquidity Sufficiency Confirmed Cash and marketable securities of $167.6M expected to cover working capital needs beyond the next 12 months.

Pursuing Spectrum Modernization Actively pursuing FCC Petition to reconfigure Lower 900 MHz band for 5G services and broadband capacity.

PNT Service Expansion Continuing to deliver high-quality PNT services via Pinnacle and TerraPoiNT solutions for Federal government customers.

Peer Comparison

Revenue (TTM)

LILA

$4.44B

-0.3%

LION

$2.80B

-12.5%

YELP

$1.46B

+3.7%

Gross Margin (Latest Quarter)

YELP

90.0%

-0.7pp

IAS

77.0%

-2.5pp

LILA

56.2%

+10.3pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
LION	$2.73B	-11.0	20.9%	3.0%
NN	$2.27B	-14.6	4859.9%	93.4%
IMAX	$2.26B	64.6	10.7%	33.3%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

-22.6%

Growth Under Pressure

4Q Net Income CAGR

N/M

Profitability Shift

Cash Flow Stability

Cash Flow Needs Attention

Deep Research

Next earnings:Mar 11, 2026

EPS:-$0.13

Revenue:$857.00K

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data