Navan NAVN
NASDAQ NAVN
$27.78 +0.07 (+0.25%)
At close: Sep 4, 2026 · 4:00 PM EDT

Navan (NAVN) Cost of Revenue (2024 - 2026)

Navan's (NAVN) quarterly Cost of Revenue came in at $57.2 million in Q2 2026, up 25.2% year-over-year from $45.7 million in Q2 2025, and up 9.68% quarter-over-quarter from $52.1 million in Q1 2026.

Analysis

Navan (NAVN) Cost of Revenue (2024 - 2026) Analysis & Trends

Navan has disclosed Cost of Revenue across 3 years of filings, most recently posting $57.2 million for Q2 2026.

  • In Q2 2026, Cost of Revenue rose 25.2% year-over-year to $57.2 million; the TTM figure through Apr 2026 stood at $212.1 million (changed N/A YoY), while the FY2026 annual figure was $201.8 million, up 18.83% from the prior year.
  • Cost of Revenue came in at $57.2 million for Q2 2026 at Navan, up from $52.1 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $57.2 million in Q2 2026 to a low of $42.7 million in Q1 2025.
  • Average Cost of Revenue over 3 years is $49.9 million, with a median of $48.9 million recorded in 2025.
  • Year-over-year, Cost of Revenue climbed 28.21% in 2025 and gained 21.95% in 2026.
  • Over 3 years, Cost of Revenue stood at $44.5 million in 2024, then rose by 28.21% to $57.1 million in 2025, then advanced by 0.17% to $57.2 million in 2026.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $57.2 million in Q2 2026, $52.1 million in Q1 2026, and $57.1 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Intuit 91.01 Bn 84.23 Bn 7.24 Bn 1.32 Bn
2 Clearwater Analytics Holdings 7.30 Bn 7.22 Bn 145.55 Mn 75.68 Mn
3 Navan 7.02 Bn 6.34 Bn 163.06 Mn 57.18 Mn
4 BILL Holdings 4.52 Bn 2.59 Bn 356.19 Mn 80.00 Mn
5 Blackline 1.91 Bn 1.41 Bn 142.68 Mn 45.14 Mn
6 Expensify 218.72 Mn 152.96 Mn 16.33 Mn 17.54 Mn
7 Ankam 27.35 Mn 27.34 Mn 44,900.00 31,479.00
Historic Data

Historic Data

Download Data
DateValue
Apr 30, 2026 57.18 Mn
Jan 31, 2026 52.13 Mn
Oct 31, 2025 57.08 Mn
Apr 30, 2025 45.67 Mn
Jan 31, 2025 42.75 Mn
Oct 31, 2024 44.52 Mn