Navan (NAVN) Gross Margin (2024 - 2026)

Navan (NAVN) reported Gross Margin of 74.04% for Q2 2026, up 304.0% on a YoY basis from 18.33% in Q2 2025, and up 4.72% sequentially from 70.7% in Q1 2026.

Navan (NAVN) Gross Margin (2024 - 2026) Analysis & Trends

Navan (NAVN) has 3 years of Gross Margin data on file, last reported at 74.04% in Q2 2026.

  • For the quarter ending Q2 2026, Gross Margin rose 304.0% year-over-year to 74.04%; the trailing twelve-month figure through Apr 2026 stood at 71.75% (changed N/A YoY), and the FY2026 full-year result was 71.27%, up 290.0% from the prior year.
  • Gross Margin rose to 74.04% in Q2 2026, from 70.7% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 74.04% in Q2 2026 to a low of 67.61% in Q1 2025.
  • A 3-year average of 70.77% and a median of 70.71% in 2025 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin advanced 18 bps in 2025 and jumped 309 bps in 2026, its largest moves.
  • Tracing NAVN's Gross Margin over 3 years: stood at 70.54% in 2024, then climbed by 0 bps to 70.72% in 2025, then gained by 5 bps to 74.04% in 2026.
  • Business Quant data shows NAVN's Gross Margin at 74.04% in Q2 2026, 70.7% in Q1 2026, and 70.72% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 72.98%
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 48.77%
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 45.03%
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 76.92%
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 70.68%
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 48.28%
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 66.61%
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 95.85%
10 Navan 5.56 Bn 4.92 Bn 163.06 Mn 74.04%

Historic Data

Download Data
DateValue
Apr 30, 2026 74.04%
Jan 31, 2026 70.70%
Oct 31, 2025 70.72%
Apr 30, 2025 71.00%
Jan 31, 2025 67.61%
Oct 31, 2024 70.54%