Nextnav (NN) Debt to Equity (2020 - 2025)

Nextnav (NN) posted Debt to Equity of -$4.52 for Q4 2025, up 56.6% quarter-over-quarter from -$10.4 in Q3 2025, and down 514.38% year-on-year from $1.09 in Q4 2024.

Nextnav (NN) Debt to Equity (2020 - 2025) Analysis & Trends

Nextnav (NN) has reported Debt to Equity for 6 consecutive years, with -$4.52 the latest figure, recorded in Q4 2025.

  • Debt to Equity for Q4 2025 came in at -$4.52, down 514.38% year-over-year; the trailing twelve-month figure through Dec 2025 was -$4.52 (down 514.38% YoY), and the FY2025 annual result was -$4.52, down 514.38% from the prior year.
  • Debt to Equity was -$4.52 for Q4 2025 at Nextnav, up from -$10.4 in the prior quarter.
  • Over five years, Debt to Equity peaked at $32.42 in Q1 2025 and troughed at -$10.4 in Q3 2025.
  • Average Debt to Equity over 5 years is $1.34, with a median of $0.56 recorded in 2023.
  • Year-over-year, Debt to Equity soared 3960.98% in 2023 and sank 1387.85% in 2025.
  • Over 5 years, Debt to Equity stood at $0.01 in 2021, then climbed by 12.98% to $0.01 in 2022, then jumped by 3960.98% to $0.6 in 2023, then surged by 80.17% to $1.09 in 2024, then slumped by 514.38% to -$4.52 in 2025.
  • Per Business Quant data, the three most recent Debt to Equity figures were -$4.52 in Q4 2025, -$10.4 in Q3 2025, and -$5.22 in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 0.10
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 2.84
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn -
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn -
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 0.17
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 0.50
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn 0.85
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 0.33
9 Block 46.10 Bn 39.21 Bn 2.91 Bn 0.08
10 Nextnav 2.36 Mn 2.36 Mn -986,000.00 -4.52

Historic Data

Download Data
DateValue
Dec 31, 2025 -4.52
Sep 30, 2025 -10.40
Jun 30, 2025 -5.22
Mar 31, 2025 32.42
Dec 31, 2024 1.09
Sep 30, 2024 0.81
Jun 30, 2024 0.80
Mar 31, 2024 0.87
Dec 31, 2023 0.60
Sep 30, 2023 0.56
Jun 30, 2023 0.36
Dec 31, 2022 0.01
Dec 31, 2021 0.01
Dec 31, 2020 -0.12