Navan (NAVN) Gross Margin (2024 - 2026)

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

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

Navan has reported Gross Margin for 3 years, with the latest figure at 74.04% in Q2 2026.

Quarterly Gross Margin rose 304.0% year-over-year to 74.04% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 71.75% (changed N/A YoY) and the FY2026 annual result came in at 71.27%, up 290.0% from the prior year.
Gross Margin rose to 74.04% in Q2 2026 per NAVN's latest filing, from 70.7% in the prior quarter.
Over five years, Gross Margin peaked at 74.04% in Q2 2026 and troughed at 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.
The sharpest annual moves came in 2025 and 2026: Gross Margin grew 18 bps in 2025, then soared 309 bps in 2026.
Over 3 years, Gross Margin stood at 70.54% in 2024, then rose by 0 bps to 70.72% in 2025, then grew by 5 bps to 74.04% in 2026.
According to Business Quant data, Gross Margin over the past three periods registered 74.04%, 70.7%, and 70.72% for Q2 2026, Q1 2026, and Q4 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Gross Margin (Qtr)
1	Sap Se	255.48 Bn	234.41 Bn	16.51 Bn	73.08%
2	Shopify	198.95 Bn	194.00 Bn	1.71 Bn	47.67%
3	Salesforce	160.70 Bn	148.86 Bn	8.56 Bn	76.92%
4	Uber Technologies	154.94 Bn	149.73 Bn	6.38 Bn	44.93%
5	ServiceNow	128.25 Bn	123.58 Bn	2.82 Bn	70.68%
6	Snowflake	114.00 Bn	111.05 Bn	926.45 Mn	66.61%
7	Automatic Data Processing	108.58 Bn	104.35 Bn	2.51 Bn	45.88%
8	Adobe	105.34 Bn	99.72 Bn	5.90 Bn	89.20%
9	Intuit	94.55 Bn	87.77 Bn	7.24 Bn	84.61%
10	Navan	7.39 Bn	6.75 Bn	163.06 Mn	74.04%

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