Nextnav (NN) Cost of Revenue (2021 - 2025)

Nextnav's Cost of Revenue history runs 5 years deep, the most recent figure standing at $1.9 million for Q4 2025.

• Quarterly Cost of Revenue fell 22.98% year-over-year to $1.9 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $8.5 million (down 20.76% YoY) and the FY2025 annual result came in at $8.5 million, down 20.76% from the prior year.
• Cost of Revenue was $1.9 million for Q4 2025 at Nextnav, down from $2.0 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $7.4 million in Q1 2021 and bottomed at $1.9 million in Q4 2025.
• A 5-year average of $3.1 million and a median of $2.9 million in 2022 frame the typical range for Cost of Revenue.
• Peak annual rise in Cost of Revenue reached 36.85% in 2022, while the deepest fall reached 58.95% in 2022.
• Nextnav's Cost of Revenue stood at $6.7 million in 2021, then plunged by 56.29% to $2.9 million in 2022, then grew by 13.89% to $3.3 million in 2023, then dropped by 25.07% to $2.5 million in 2024, then decreased by 22.98% to $1.9 million in 2025.
• Business Quant data shows NN's Cost of Revenue at $1.9 million in Q4 2025, $2.0 million in Q3 2025, and $2.0 million in Q2 2025.