Growth Metrics

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

Nextnav filings provide 5 years of Cost of Revenue readings, the most recent being $1.9 million for Q4 2025.

  • Quarterly Cost of Revenue fell 22.98% to $1.9 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $8.5 million through Dec 2025, down 20.76% year-over-year, with the annual reading at $8.5 million for FY2025, 20.76% down from the prior year.
  • Cost of Revenue hit $1.9 million in Q4 2025 for Nextnav, down from $2.0 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $12.4 million in Q4 2023 and bottomed at $1.9 million in Q4 2025.
  • Average Cost of Revenue over 5 years is $3.2 million, with a median of $2.8 million recorded in 2024.
  • The largest annual shift saw Cost of Revenue skyrocketed 36.85% in 2022 before it tumbled 79.77% in 2024.
  • Nextnav's Cost of Revenue stood at $2.1 million in 2021, then surged by 36.85% to $2.8 million in 2022, then surged by 337.95% to $12.4 million in 2023, then tumbled by 79.77% to $2.5 million in 2024, then dropped by 22.98% to $1.9 million in 2025.
  • Per Business Quant, the three most recent readings for NN's Cost of Revenue are $1.9 million (Q4 2025), $2.0 million (Q3 2025), and $2.0 million (Q2 2025).