Navan (NAVN) Operating Expenses (2024 - 2026)
Navan (NAVN) recorded Operating Expenses of $200.21 million in fiscal Q2 2027 (quarter ended Jul 31, 2026), up 45.8% from $137.29 million a year earlier and up 10.5% from the prior quarter.
Powered by 
Analysis
Navan (NAVN) Operating Expenses (2024 - 2026) Analysis & Trends
On a TTM basis, Navan's Operating Expenses came in at $813.74 million as of Jul 31, 2026, up 58.6% year-over-year; for FY2026 (ended Jan 31, 2026), it was $697.35 million, up 46.9% from FY2025.
- Across earlier fiscal years, Operating Expenses came in at $474.66 million in FY2025 (-2.3%) and $485.98 million in FY2024.
- Quarterly Operating Expenses has ranged from $122.05 million in fiscal Q4 2025 to $217.09 million in fiscal Q3 2026 over the past five years.
- On a year-over-year basis, Operating Expenses has increased for four consecutive quarters, with growth averaging 59.1% over the last four quarters.
- Per Business Quant, the preceding three fiscal quarters came in at $181.16 million (Q1 2027), $215.28 million (Q4 2026) and $217.09 million (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 386.60 Bn | 351.42 Bn | 1.93 Bn | 845.28 Mn |
| 2 | Oracle | 343.94 Bn | 216.07 Bn | - | 12.62 Bn |
| 3 | Sap Se | 272.35 Bn | 199.75 Bn | 8.64 Bn | 8.45 Bn |
| 4 | Salesforce | 175.46 Bn | 131.33 Bn | 8.70 Bn | 6.37 Bn |
| 5 | Automatic Data Processing | 122.07 Bn | 108.86 Bn | 2.53 Bn | 4.18 Bn |
| 6 | ServiceNow | 105.47 Bn | 84.73 Bn | 2.90 Bn | 2.51 Bn |
| 7 | Intuit | 94.25 Bn | 73.60 Bn | 3.44 Bn | 3.88 Bn |
| 8 | Relx | 73.66 Bn | 72.75 Bn | - | - |
| 9 | Strategy | 51.78 Bn | 38.91 Bn | 89.63 Mn | -20.82 Bn |
| 10 | Navan | 6.53 Bn | 3.48 Bn | 172.47 Mn | 200.21 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 200.21 Mn |
| Apr 30, 2026 | 181.16 Mn |
| Jan 31, 2026 | 215.28 Mn |
| Oct 31, 2025 | 217.09 Mn |
| Jul 31, 2025 | 137.29 Mn |
| Apr 30, 2025 | 127.69 Mn |
| Jan 31, 2025 | 122.05 Mn |
| Oct 31, 2024 | 126.05 Mn |
API Access
Navan Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=NAVN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "NAVN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=NAVN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();