Navan (NAVN) Research & Development (2024 - 2026)
Navan's Research & Development was $47.21 million in fiscal Q2 2027 (quarter ended Jul 31, 2026), up 41.5% from $33.36 million a year earlier and up 19.8% from the prior quarter.
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Analysis
Navan (NAVN) Research & Development (2024 - 2026) Analysis & Trends
On a trailing twelve-month basis, Navan's Research & Development was $173.09 million through Jul 31, 2026, up 33.8% year-over-year; for FY2026 (ended Jan 31, 2026), it came in at $151.24 million, up 23.6% from FY2025.
- In earlier fiscal years, Research & Development was $122.39 million in FY2025 (-7.6%) and $132.44 million in FY2024.
- Quarterly Research & Development has moved between $31.4 million (fiscal Q1 2026) and $51.2 million (fiscal Q3 2026) over five years.
- Compared with a year earlier, Research & Development has increased for four straight quarters, with growth averaging 33.4% over the last four quarters.
- Per Business Quant data, NAVN's Research & Development in the three fiscal quarters before Q2 2027 was $39.4 million (Q1 2027), $35.28 million (Q4 2026) and $51.2 million (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 449.46 Bn | 418.52 Bn | 1.64 Bn | 192.51 Mn |
| 2 | Oracle | 415.29 Bn | 287.84 Bn | - | 2.40 Bn |
| 3 | Sap Se | 256.30 Bn | 177.39 Bn | 8.40 Bn | -2.14 Bn |
| 4 | Salesforce | 188.94 Bn | 144.82 Bn | 8.70 Bn | 1.69 Bn |
| 5 | ServiceNow | 138.57 Bn | 117.03 Bn | 2.82 Bn | 915.00 Mn |
| 6 | Automatic Data Processing | 102.66 Bn | 84.78 Bn | 2.51 Bn | 265.90 Mn |
| 7 | Intuit | 74.00 Bn | 53.35 Bn | 3.44 Bn | 857.00 Mn |
| 8 | Relx | 60.34 Bn | 57.31 Bn | - | - |
| 9 | Strategy | 53.88 Bn | 46.87 Bn | 81.55 Mn | 23.10 Mn |
| 10 | Navan | 5.46 Bn | 2.41 Bn | 172.47 Mn | 47.21 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 47.21 Mn |
| Apr 30, 2026 | 39.40 Mn |
| Jan 31, 2026 | 35.28 Mn |
| Oct 31, 2025 | 51.20 Mn |
| Jul 31, 2025 | 33.36 Mn |
| Apr 30, 2025 | 31.40 Mn |
| Jan 31, 2025 | 31.60 Mn |
| Oct 31, 2024 | 33.00 Mn |
API Access
Navan Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=NAVN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "NAVN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=NAVN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();