Navan (NAVN) Research & Development (2024 - 2026)
Navan (NAVN) posted Research & Development of $91.9 million for Q2 2026, down 18.12% sequentially from $112.2 million in Q1 2026, and up 48.54% YoY from $61.9 million in Q2 2025.
Navan (NAVN) Research & Development (2024 - 2026) Analysis & Trends
Navan has reported Research & Development for 3 years, with the latest figure at $91.9 million in Q2 2026.
- Quarterly Research & Development rose 48.54% year-over-year to $91.9 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $317.2 million (changed N/A YoY) and the FY2026 annual result came in at $151.2 million, down 30.85% from the prior year.
- Research & Development retreated to $91.9 million in Q2 2026 per NAVN's latest filing, from $112.2 million in the prior quarter.
- Over five years, Research & Development peaked at $112.2 million in Q1 2026 and troughed at $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.
- The widest YoY moves for Research & Development: up 96.56% in 2026, down 48.54% in 2026.
- Over 3 years, Research & Development 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.
- According to Business Quant data, Research & Development over the past three periods registered $91.9 million, $112.2 million, and $51.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -4.12 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 498.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 3.77 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 1.52 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 1.37 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 588.95 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 265.90 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 1.88 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 1.79 Bn |
| 10 | Navan | 7.39 Bn | 6.75 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 |