Navan (NAVN) Gross Margin (2024 - 2026)

Navan's Gross Margin history runs 3 years deep, the most recent figure standing at 70.7% for Q1 2026.

• In Q1 2026, Gross Margin rose 309.0% year-over-year to 70.7%; the TTM figure through Jan 2026 stood at 70.05% (changed N/A YoY), while the FY2026 annual figure was 71.27%, up 290.0% from the prior year.
• Gross Margin came in at 70.7% for Q1 2026 at Navan, roughly flat from 70.72% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 70.72% in Q4 2025 to a low of 67.61% in Q1 2025.
• A 3-year average of 69.89% and a median of 70.62% in 2024 frame the typical range for Gross Margin.
• Across the five-year window, Gross Margin climbed 18 bps in 2025 and surged 309 bps in 2026, its largest moves.
• Navan's Gross Margin stood at 70.54% in 2024, then increased by 0 bps to 70.72% in 2025, then decreased by 0 bps to 70.7% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 70.7%, 70.72%, and 67.61% for Q1 2026, Q4 2025, and Q1 2025 respectively.

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