Navan (NAVN) Operating Margin (2024 - 2026)

Navan (NAVN) reported Operating Margin of 8.22% for Q2 2026, up 187.0% on a YoY basis from 2.87% in Q2 2025, and up 83.65% sequentially from 50.3% in Q1 2026.

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

Navan (NAVN) has 3 years of Operating Margin data on file, last reported at 8.22% in Q2 2026.

  • For the quarter ending Q2 2026, Operating Margin rose 187.0% year-over-year to 8.22%; the trailing twelve-month figure through Apr 2026 stood at 27.01% (changed N/A YoY), and the FY2026 full-year result was 28.03%, down 798.0% from the prior year.
  • Operating Margin rose to 8.22% in Q2 2026, from 50.3% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 8.22% in Q2 2026 to a low of 50.3% in Q1 2026.
  • A 3-year average of 24.5% and a median of 18.87% in 2025 frame the typical range for Operating Margin.
  • Across the five-year window, Operating Margin sank 2777 bps in 2025 and surged 187 bps in 2026, its largest moves.
  • Tracing NAVN's Operating Margin over 3 years: stood at 12.88% in 2024, then slumped by 216 bps to 40.65% in 2025, then jumped by 80 bps to 8.22% in 2026.
  • Business Quant data shows NAVN's Operating Margin at 8.22% in Q2 2026, 50.3% in Q1 2026, and 40.65% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Sap Se 201.80 Bn 181.57 Bn 8.16 Bn 28.69%
2 Full Truck Alliance 192.09 Bn 189.39 Bn - -
3 Shopify 163.21 Bn 157.46 Bn 1.55 Bn 12.05%
4 Salesforce 153.24 Bn 141.40 Bn 8.56 Bn 21.08%
5 Uber Technologies 138.87 Bn 137.66 Bn 5.95 Bn 14.56%
6 ServiceNow 111.15 Bn 106.48 Bn 2.82 Bn 4.06%
7 Automatic Data Processing 103.29 Bn 100.06 Bn 2.87 Bn -22.99%
8 Adobe 97.13 Bn 91.51 Bn 5.90 Bn 33.82%
9 Snowflake 94.21 Bn 91.26 Bn 926.45 Mn -23.45%
10 Navan 6.48 Bn 5.84 Bn 163.06 Mn -8.22%

Historic Data

Download Data
DateValue
Apr 30, 2026 -8.22%
Jan 31, 2026 -50.30%
Oct 31, 2025 -40.65%
Apr 30, 2025 -10.09%
Jan 31, 2025 -24.86%
Oct 31, 2024 -12.88%