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