Navan (NAVN) Tax Rate (2024 - 2026)
Navan's (NAVN) quarterly Tax Rate came in at 4.07% in Q2 2026, up 386.0% year-over-year from 0.84% in Q2 2025, and down 135.58% quarter-over-quarter from 11.44% in Q1 2026.
Analysis
Navan (NAVN) Tax Rate (2024 - 2026) Analysis & Trends
Navan has disclosed Tax Rate across 3 years of filings, most recently posting 4.07% for Q2 2026.
- In Q2 2026, Tax Rate rose 386.0% year-over-year to 4.07%; the TTM figure through Apr 2026 stood at 0.16% (changed N/A YoY), while the FY2026 annual figure was 0.53%, up 505.0% from the prior year.
- Tax Rate came in at 4.07% for Q2 2026 at Navan, down from 11.44% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 11.44% in Q1 2026 to a low of 14.16% in Q4 2024.
- Average Tax Rate over 3 years is 2.74%, with a median of 2.82% recorded in 2025.
- Year-over-year, Tax Rate soared 1259 bps in 2025 and soared 386 bps in 2026.
- Over 3 years, Tax Rate stood at 14.16% in 2024, then surged by 89 bps to 1.58% in 2025, then sank by 158 bps to 4.07% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 4.07% in Q2 2026, 11.44% in Q1 2026, and 1.58% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuit | 91.01 Bn | 84.23 Bn | 7.24 Bn | 24.29% |
| 2 | Clearwater Analytics Holdings | 7.30 Bn | 7.22 Bn | 145.55 Mn | 22.44% |
| 3 | Navan | 7.02 Bn | 6.34 Bn | 163.06 Mn | -4.07% |
| 4 | BILL Holdings | 4.52 Bn | 2.59 Bn | 356.19 Mn | 7.94% |
| 5 | Blackline | 1.91 Bn | 1.41 Bn | 142.68 Mn | 27.41% |
| 6 | Expensify | 218.72 Mn | 152.96 Mn | 16.33 Mn | -41.63% |
| 7 | Ankam | 27.35 Mn | 27.34 Mn | 44,900.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | -4.07% |
| Jan 31, 2026 | 11.44% |
| Oct 31, 2025 | -1.58% |
| Apr 30, 2025 | -7.93% |
| Jan 31, 2025 | -0.15% |
| Oct 31, 2024 | -14.16% |