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| Date | Value |
|---|---|
| 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% |