Navan (NAVN) Net Margin (2024 - 2026)
Navan's (NAVN) quarterly Net Margin came in at 9.31% in Q2 2026, up 2960.0% year-over-year from 0.3% in Q2 2025, and up 77.23% quarter-over-quarter from 40.9% in Q1 2026.
Analysis
Navan (NAVN) Net Margin (2024 - 2026) Analysis & Trends
Navan has disclosed Net Margin across 3 years of filings, most recently posting 9.31% for Q2 2026.
- In Q2 2026, Net Margin rose 2960.0% year-over-year to 9.31%; the TTM figure through Apr 2026 stood at 50.63% (changed N/A YoY), while the FY2026 annual figure was 56.68%, down 2295.0% from the prior year.
- Net Margin came in at 9.31% for Q2 2026 at Navan, up from 40.9% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 9.31% in Q2 2026 to a low of 115.64% in Q4 2025.
- Average Net Margin over 3 years is 44.64%, with a median of 37.12% recorded in 2025.
- Year-over-year, Net Margin sank 8791 bps in 2025 and soared 2960 bps in 2026.
- Over 3 years, Net Margin stood at 27.74% in 2024, then plunged by 317 bps to 115.64% in 2025, then surged by 92 bps to 9.31% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 9.31% in Q2 2026, 40.9% in Q1 2026, and 115.64% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuit | 91.01 Bn | 84.23 Bn | 7.24 Bn | 35.80% |
| 2 | Clearwater Analytics Holdings | 7.30 Bn | 7.22 Bn | 145.55 Mn | -1.26% |
| 3 | Navan | 7.02 Bn | 6.34 Bn | 163.06 Mn | -9.31% |
| 4 | BILL Holdings | 4.52 Bn | 2.59 Bn | 356.19 Mn | -4.23% |
| 5 | Blackline | 1.91 Bn | 1.41 Bn | 142.68 Mn | 0.60% |
| 6 | Expensify | 218.72 Mn | 152.96 Mn | 16.33 Mn | -11.37% |
| 7 | Ankam | 27.35 Mn | 27.34 Mn | 44,900.00 | -119.10% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | -9.31% |
| Jan 31, 2026 | -40.90% |
| Oct 31, 2025 | -115.64% |
| Apr 30, 2025 | -38.91% |
| Jan 31, 2025 | -35.32% |
| Oct 31, 2024 | -27.74% |