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

Navan has disclosed Research & Development across 3 years of filings, most recently posting $91.9 million for Q2 2026.

• In Q2 2026, Research & Development rose 48.54% year-over-year to $91.9 million; the TTM figure through Apr 2026 stood at $366.1 million (changed N/A YoY), while the FY2026 annual figure was $342.7 million, up 56.67% from the prior year.
• Research & Development came in at $91.9 million for Q2 2026 at Navan, down from $117.3 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $117.3 million in Q1 2026 to a low of $57.1 million in Q1 2025.
• Average Research & Development over 3 years is $80.2 million, with a median of $76.9 million recorded in 2025.
• The largest YoY upside for Research & Development was 105.48% in 2026 against a maximum downside of 48.54% in 2026.
• Over 3 years, Research & Development stood at $58.1 million in 2024, then soared by 63.46% to $94.9 million in 2025, then decreased by 3.2% to $91.9 million in 2026.
• Per Business Quant data, the three most recent Research & Development figures were $91.9 million in Q2 2026, $117.3 million in Q1 2026, and $94.9 million in Q4 2025.