Nextnav (NN) Debt to Equity (2020 - 2025)
Nextnav (NN) reported Debt to Equity of -$4.52 for Q4 2025, down 514.38% on a YoY basis from $1.09 in Q4 2024, and up 56.6% quarter-over-quarter from -$10.4 in Q3 2025.
Nextnav (NN) Debt to Equity (2020 - 2025) Analysis & Trends
Nextnav has reported Debt to Equity for 6 years, with the latest figure at -$4.52 in Q4 2025.
- For the quarter ending Q4 2025, Debt to Equity fell 514.38% year-over-year to -$4.52; the trailing twelve-month figure through Dec 2025 stood at -$4.52 (down 514.38% YoY), and the FY2025 full-year result was -$4.52, down 514.38% from the prior year.
- Debt to Equity for Q4 2025 stood at -$4.52, up from -$10.4 in the prior quarter.
- The five-year high for Debt to Equity was $32.42 in Q1 2025, with the low at -$10.4 in Q3 2025.
- Historically, Debt to Equity has averaged $1.34 across 5 years, with a median of $0.56 in 2023.
- Annual changes were most pronounced in 2023 — Debt to Equity jumped 3960.98% — and 2025, when it tumbled 1387.85%.
- Nextnav's Debt to Equity stood at $0.01 in 2021, then rose 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 tumbled by 514.38% to -$4.52 in 2025.
- The last three Debt to Equity figures came in at -$4.52 (Q4 2025), -$10.4 (Q3 2025), and -$5.22 (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 0.10 |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | - |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 3.24 |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | - |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | - |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 0.17 |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 0.50 |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 0.33 |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | 0.85 |
| 10 | Nextnav | 2.78 Mn | -256.70 Mn | -986,000.00 | -4.52 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |