Nextnav (NN) Debt Ratio (2020 - 2026)
Nextnav's Debt Ratio was 1.11 in Q4 2025, up 228.0% from 0.34 a year earlier and up 26.6% from the prior quarter.
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Analysis
Nextnav (NN) Debt Ratio (2020 - 2026) Analysis & Trends
From Q4 2020 onward, Nextnav has reported Debt Ratio for 14 quarters.
- In earlier years, Debt Ratio was 0.34 in FY2024 (+13.0%), 0.30 in FY2023, 0.01 in FY2022 (+30.4%) and 0.01 in FY2021 (-99.3%).
- The Q4 2025 figure marks the highest quarterly Debt Ratio since Q4 2020.
- Compared with a year earlier, Debt Ratio has increased for seven straight quarters, with growth averaging 123.5% over the last seven quarters.
- The best year-over-year quarter for Debt Ratio over five years was Q4 2025 (growth of 228.0%); the worst was Q4 2021 (a decline of 99.3%).
- Per Business Quant data, NN's Debt Ratio in the three quarters before Q4 2025 was 0.87 (Q3 2025), 0.96 (Q2 2025) and 0.79 (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,157.56 Bn | 4,903.02 Bn | 54.82 Bn | 0.20 |
| 2 | Cisco Systems | 388.66 Bn | 324.59 Bn | 11.06 Bn | 0.23 |
| 3 | Arista Networks | 233.85 Bn | 183.05 Bn | 2.33 Bn | - |
| 4 | Dell Technologies | 223.51 Bn | 179.27 Bn | 9.83 Bn | 0.27 |
| 5 | Sony | 162.07 Bn | 96.60 Bn | 7.96 Bn | 0.09 |
| 6 | Sandisk | 129.64 Bn | 114.47 Bn | 9.38 Bn | - |
| 7 | Seagate Technology Holdings | 115.63 Bn | 110.48 Bn | 2.43 Bn | 0.23 |
| 8 | Western Digital | 106.38 Bn | 96.20 Bn | 2.53 Bn | 0.06 |
| 9 | Hewlett Packard Enterprise | 64.06 Bn | 41.94 Bn | 4.93 Bn | 0.24 |
| 10 | Nextnav | 1.25 Bn | 1.02 Bn | -905,000.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 1.13 |
| 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 |
API Access
Nextnav Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=NN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "NN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=NN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();