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| Date | Value |
|---|---|
| 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% |