Navan (NAVN) Research & Development (2024 - 2026)

Navan (NAVN) reported Research & Development of $91.9 million for Q2 2026, up 48.54% on a YoY basis from $61.9 million in Q2 2025, and down 18.12% sequentially from $112.2 million in Q1 2026.

Navan (NAVN) Research & Development (2024 - 2026) Analysis & Trends

Navan (NAVN) has 3 years of Research & Development data on file, last reported at $91.9 million in Q2 2026.

  • For the quarter ending Q2 2026, Research & Development rose 48.54% year-over-year to $91.9 million; the trailing twelve-month figure through Apr 2026 stood at $317.2 million (changed N/A YoY), and the FY2026 full-year result was $151.2 million, down 30.85% from the prior year.
  • Research & Development retreated to $91.9 million in Q2 2026, from $112.2 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $112.2 million in Q1 2026 to a low of $33.0 million in Q4 2024.
  • A 3-year average of $67.9 million and a median of $59.5 million in 2025 frame the typical range for Research & Development.
  • Peak annual rise in Research & Development reached 96.56% in 2026, while the deepest fall reached 48.54% in 2026.
  • Tracing NAVN's Research & Development over 3 years: stood at $33.0 million in 2024, then jumped by 55.14% to $51.2 million in 2025, then jumped by 79.54% to $91.9 million in 2026.
  • Business Quant data shows NAVN's Research & Development at $91.9 million in Q2 2026, $112.2 million in Q1 2026, and $51.2 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -1.99 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -37.02 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 496.00 Mn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 1.33 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 3.77 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 1.37 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 253.90 Mn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 588.95 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 508.44 Mn
10 Navan 5.56 Bn 4.92 Bn 163.06 Mn 91.92 Mn

Historic Data

Download Data
DateValue
Apr 30, 2026 91.92 Mn
Jan 31, 2026 112.25 Mn
Oct 31, 2025 51.20 Mn
Apr 30, 2025 61.88 Mn
Jan 31, 2025 57.11 Mn
Oct 31, 2024 33.00 Mn