Navan (NAVN) Cost of Revenue (2024 - 2026)
Navan's Cost of Revenue came in at $60.32 million for fiscal Q2 2027 (quarter ended Jul 31, 2026), up 28.6% from $46.92 million a year earlier and up 5.5% from the prior quarter.
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Analysis
Navan (NAVN) Cost of Revenue (2024 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 31, 2026, Navan reported Cost of Revenue of $226.71 million, up 26.1% year-over-year; for FY2026 (ended Jan 31, 2026), it came in at $201.79 million, up 18.8% from FY2025.
- Going back by fiscal year, Cost of Revenue was $169.82 million in FY2025 (+4.4%) and $162.62 million in FY2024.
- The fiscal Q2 2027 figure represents the highest quarterly Cost of Revenue in data going back to fiscal Q3 2025.
- Year-over-year, Cost of Revenue has increased for four consecutive quarters, with growth averaging 26.0% over the last four quarters.
- Business Quant data shows NAVN's Cost of Revenue at $57.18 million (Q1 2027), $52.13 million (Q4 2026) and $57.08 million (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 453.55 Bn | 422.61 Bn | 1.64 Bn | 296.87 Mn |
| 2 | Oracle | 430.98 Bn | 303.54 Bn | - | - |
| 3 | Sap Se | 256.23 Bn | 177.31 Bn | 8.40 Bn | 3.08 Bn |
| 4 | Salesforce | 193.08 Bn | 148.96 Bn | 8.70 Bn | 2.65 Bn |
| 5 | ServiceNow | 138.94 Bn | 117.40 Bn | 2.82 Bn | 1.17 Bn |
| 6 | Automatic Data Processing | 102.51 Bn | 84.63 Bn | 2.51 Bn | 2.96 Bn |
| 7 | Intuit | 75.44 Bn | 54.79 Bn | 3.44 Bn | 910.00 Mn |
| 8 | Relx | 60.79 Bn | 57.76 Bn | - | - |
| 9 | Strategy | 56.32 Bn | 49.31 Bn | 81.55 Mn | 40.82 Mn |
| 10 | Navan | 5.57 Bn | 2.52 Bn | 172.47 Mn | 60.32 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 60.32 Mn |
| Apr 30, 2026 | 57.18 Mn |
| Jan 31, 2026 | 52.13 Mn |
| Oct 31, 2025 | 57.08 Mn |
| Jul 31, 2025 | 46.92 Mn |
| Apr 30, 2025 | 45.67 Mn |
| Jan 31, 2025 | 42.75 Mn |
| Oct 31, 2024 | 44.52 Mn |
API Access
Navan Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=NAVN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "NAVN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=NAVN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();