Nextnav (NN) Debt Ratio (2020 - 2025)
Nextnav's (NN) quarterly Debt Ratio came in at 1.11 in Q4 2025, up 227.96% YoY from 0.34 in Q4 2024, and up 26.61% on a QoQ basis from 0.87 in Q3 2025.
Nextnav (NN) Debt Ratio (2020 - 2025) Analysis & Trends
Nextnav (NN) has 6 years of Debt Ratio data on file, last reported at 1.11 in Q4 2025.
- Quarterly Debt Ratio rose 227.96% year-over-year to 1.11 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 1.11 (up 227.96% YoY) and the FY2025 annual result came in at 1.11, up 227.96% from the prior year.
- Debt Ratio improved to 1.11 in Q4 2025, from 0.87 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 1.11 in Q4 2025 to a low of 0.01 in Q4 2021.
- A 5-year average of 0.44 and a median of 0.3 in 2024 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2021 — Debt Ratio slumped 99.27% — and 2023, when it soared 2290.65%.
- Tracing NN's Debt Ratio over 5 years: stood at 0.01 in 2021, then surged by 30.43% to 0.01 in 2022, then soared by 2290.65% to 0.3 in 2023, then advanced by 13.04% to 0.34 in 2024, then surged by 227.96% to 1.11 in 2025.
- The last three Debt Ratio figures came in at 1.11 (Q4 2025), 0.87 (Q3 2025), and 0.96 (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 0.05 |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | - |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 0.47 |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 0.00 |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 0.05 |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 0.20 |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 0.21 |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 0.05 |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 0.16 |
| 10 | Nextnav | 2.70 Bn | 2.32 Bn | -905,000.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.11 |
| Sep 30, 2025 | 0.87 |
| Jun 30, 2025 | 0.96 |
| Mar 31, 2025 | 0.79 |
| Dec 31, 2024 | 0.34 |
| Sep 30, 2024 | 0.31 |
| Jun 30, 2024 | 0.30 |
| Mar 31, 2024 | 0.30 |
| Dec 31, 2023 | 0.30 |
| Sep 30, 2023 | 0.27 |
| Jun 30, 2023 | 0.21 |
| Dec 31, 2022 | 0.01 |
| Dec 31, 2021 | 0.01 |
| Dec 31, 2020 | 1.31 |