Nextnav (NN) Current Leases (2022 - 2026)
Nextnav's (NN) quarterly Current Leases came in at $2.4 million in Q2 2026, down 15.51% on a YoY basis from $2.8 million in Q2 2025, and down 10.74% quarter-over-quarter from $2.7 million in Q4 2025.
Analysis
Nextnav (NN) Current Leases (2022 - 2026) Analysis & Trends
Nextnav (NN) has reported Current Leases for 5 consecutive years, with $2.4 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Current Leases fell 15.51% year-over-year to $2.4 million; the trailing twelve-month figure through Jun 2026 stood at $2.4 million (down 15.51% YoY), and the FY2025 full-year result was $2.7 million, up 8.57% from the prior year.
- Current Leases eased to $2.4 million in Q2 2026 per NN's latest filing, from $2.7 million in the prior quarter.
- Across five years, Current Leases topped out at $3.1 million in Q1 2022 and bottomed at $2.4 million in Q2 2026.
- Historically, Current Leases has averaged $2.6 million across 5 years, with a median of $2.6 million in 2023.
- The sharpest annual moves came in 2023 and 2025: Current Leases slipped 21.82% in 2023, then advanced 16.31% in 2025.
- Over 5 years, Current Leases stood at $2.5 million in 2022, then decreased by 0.36% to $2.5 million in 2023, then fell by 2.42% to $2.5 million in 2024, then advanced by 8.57% to $2.7 million in 2025, then decreased by 10.74% to $2.4 million in 2026.
- According to Business Quant data, Current Leases over the past three periods registered $2.4 million, $2.7 million, and $2.8 million for Q2 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 429.97 Bn | 414.05 Bn | 11.06 Bn | - |
| 2 | Ciena | 48.50 Bn | 45.87 Bn | 759.27 Mn | 12.26 Mn |
| 3 | Ubiquiti | 35.16 Bn | 34.54 Bn | 429.25 Mn | - |
| 4 | Ericsson Lm Telephone | 33.51 Bn | 28.36 Bn | 2.58 Bn | 189.73 Mn |
| 5 | Applied Optoelectronics | 9.11 Bn | 8.61 Bn | 53.21 Mn | 4.22 Mn |
| 6 | Amdocs | 6.68 Bn | 6.47 Bn | 467.16 Mn | 124.97 Mn |
| 7 | Extreme Networks | 2.88 Bn | 2.66 Bn | 210.49 Mn | 11.34 Mn |
| 8 | Digi International | 2.63 Bn | 2.60 Bn | 89.93 Mn | 2.26 Mn |
| 9 | Calix | 2.25 Bn | 2.06 Bn | 160.12 Mn | - |
| 10 | Nextnav | 2.14 Bn | 2.14 Bn | -905,000.00 | 2.39 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.39 Mn |
| Dec 31, 2025 | 2.67 Mn |
| Sep 30, 2025 | 2.77 Mn |
| Jun 30, 2025 | 2.82 Mn |
| Mar 31, 2025 | 2.80 Mn |
| Dec 31, 2024 | 2.46 Mn |
| Sep 30, 2024 | 2.54 Mn |
| Jun 30, 2024 | 2.43 Mn |
| Mar 31, 2024 | 2.42 Mn |
| Dec 31, 2023 | 2.52 Mn |
| Sep 30, 2023 | 2.63 Mn |
| Jun 30, 2023 | 2.76 Mn |
| Mar 31, 2023 | 2.44 Mn |
| Dec 31, 2022 | 2.53 Mn |
| Sep 30, 2022 | 2.76 Mn |
| Jun 30, 2022 | 2.97 Mn |
| Mar 31, 2022 | 3.12 Mn |