Nextnav (NN) Debt Ratio (2020 - 2025)

Nextnav (NN) posted Debt Ratio of 1.11 for Q4 2025, up 26.61% on a QoQ basis from 0.87 in Q3 2025, and up 227.96% year-over-year from 0.34 in Q4 2024.

Nextnav (NN) Debt Ratio (2020 - 2025) Analysis & Trends

Nextnav's Debt Ratio history runs 6 years deep, the most recent figure standing at 1.11 for 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 was 1.11 for Q4 2025 at Nextnav, up from 0.87 in the prior quarter.
  • Across five years, Debt Ratio topped out at 1.11 in Q4 2025 and bottomed at 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 sank 99.27% — and 2023, when it soared 2290.65%.
  • Nextnav's Debt Ratio stood at 0.01 in 2021, then jumped by 30.43% to 0.01 in 2022, then surged by 2290.65% to 0.3 in 2023, then grew by 13.04% to 0.34 in 2024, then jumped by 227.96% to 1.11 in 2025.
  • Business Quant data shows NN's Debt Ratio at 1.11 in Q4 2025, 0.87 in Q3 2025, and 0.96 in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Microsoft 2,920.72 Bn 2,796.28 Bn 56.06 Bn 0.06
2 PagSeguro Digital 2,685.31 Bn 2,685.31 Bn 358.92 Mn -
3 Oracle 336.16 Bn 304.27 Bn - 0.47
4 Repay Holdings 334.04 Bn 333.89 Bn - 0.36
5 Palantir Technologies 296.67 Bn 288.65 Bn 1.42 Bn -
6 Palo Alto Networks 221.87 Bn 217.33 Bn 1.91 Bn -
7 CrowdStrike Holdings 180.59 Bn 177.49 Bn 993.68 Mn 0.07
8 Fortinet 108.12 Bn 104.82 Bn 1.49 Bn 0.05
9 Cloudflare 93.22 Bn 92.27 Bn 455.60 Mn 0.21
10 Nextnav 1.70 Mn -150.44 Mn -986,000.00 1.11

Historic Data

Download Data
DateValue
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