Navan (NAVN) EBITDA (2024 - 2026)
Navan's (NAVN) quarterly EBITDA came in at -$18.1 million in Q2 2026, down 13.94% year-over-year from -$21.0 million in Q2 2025, and up 79.76% quarter-over-quarter from -$89.5 million in Q1 2026.
Analysis
Navan (NAVN) EBITDA (2024 - 2026) Analysis & Trends
Navan has disclosed EBITDA across 3 years of filings, most recently posting -$18.1 million for Q2 2026.
- In Q2 2026, EBITDA fell 13.94% year-over-year to -$18.1 million; the TTM figure through Apr 2026 stood at -$202.7 million (changed N/A YoY), while the FY2026 annual figure was -$196.9 million, down 82.91% from the prior year.
- EBITDA came in at -$18.1 million for Q2 2026 at Navan, up from -$89.5 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of -$15.9 million in Q2 2025 to a low of -$89.5 million in Q1 2026.
- Average EBITDA over 3 years is -$42.5 million, with a median of -$26.1 million recorded in 2024.
- Year-over-year, EBITDA sank 307.22% in 2025 and fell 13.94% in 2026.
- Over 3 years, EBITDA stood at -$19.5 million in 2024, then slumped by 307.22% to -$79.2 million in 2025, then jumped by 77.15% to -$18.1 million in 2026.
- Per Business Quant data, the three most recent EBITDA figures were -$18.1 million in Q2 2026, -$89.5 million in Q1 2026, and -$79.2 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuit | 91.01 Bn | 84.23 Bn | 7.24 Bn | 4.02 Bn |
| 2 | Clearwater Analytics Holdings | 7.30 Bn | 7.22 Bn | 145.55 Mn | 8.99 Mn |
| 3 | Navan | 7.02 Bn | 6.34 Bn | 163.06 Mn | -18.11 Mn |
| 4 | BILL Holdings | 4.52 Bn | 2.59 Bn | 356.19 Mn | -29.01 Mn |
| 5 | Blackline | 1.91 Bn | 1.41 Bn | 142.68 Mn | 10.99 Mn |
| 6 | Expensify | 218.72 Mn | 152.96 Mn | 16.33 Mn | -2.92 Mn |
| 7 | Ankam | 27.35 Mn | 27.34 Mn | 44,900.00 | -53,457.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | -18.11 Mn |
| Jan 31, 2026 | -89.49 Mn |
| Oct 31, 2025 | -79.24 Mn |
| Apr 30, 2025 | -15.89 Mn |
| Jan 31, 2025 | -32.81 Mn |
| Oct 31, 2024 | -19.46 Mn |