Nextnav (NN) Gross Margin (2021 - 2025)

Nextnav (NN) reported Gross Margin of 104.34% for Q4 2025, down 7315.0% on a YoY basis from 1.45% in Q4 2024, and up 19.8% quarter-over-quarter from 130.1% in Q3 2025.

Nextnav (NN) Gross Margin (2021 - 2025) Analysis & Trends

Nextnav has reported Gross Margin for 5 years, with the latest figure at 104.34% in Q4 2025.

  • For the quarter ending Q4 2025, Gross Margin fell 7315.0% year-over-year to 104.34%; the trailing twelve-month figure through Dec 2025 stood at 86.75% (up 336.0% YoY), and the FY2025 full-year result was 86.75%, up 336.0% from the prior year.
  • Gross Margin for Q4 2025 stood at 104.34%, up from 130.1% in the prior quarter.
  • The five-year high for Gross Margin was 31.19% in Q4 2024, with the low at 928.55% in Q4 2023.
  • Historically, Gross Margin has averaged 281.47% across 5 years, with a median of 163.96% in 2024.
  • Annual changes were most pronounced in 2023 — Gross Margin slumped 18156 bps — and 2024, when it soared 89736 bps.
  • Nextnav's Gross Margin stood at 649.28% in 2021, then increased by 29 bps to 462.62% in 2022, then sank by 101 bps to 928.55% in 2023, then jumped by 97 bps to 31.19% in 2024, then sank by 235 bps to 104.34% in 2025.
  • The last three Gross Margin figures came in at 104.34% (Q4 2025), 130.1% (Q3 2025), and 69.3% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Microsoft 2,998.30 Bn 2,920.03 Bn 56.06 Bn 67.63%
2 Alarum Technologies 1,040.72 Bn 1,026.57 Bn 7.23 Mn 61.73%
3 Oracle 590.32 Bn 551.74 Bn 15.14 Bn 88.06%
4 Palantir Technologies 316.31 Bn 308.39 Bn 1.42 Bn 86.78%
5 Palo Alto Networks 181.17 Bn 176.63 Bn 1.91 Bn 73.59%
6 CrowdStrike Holdings 161.69 Bn 158.63 Bn 993.68 Mn 76.12%
7 Fortinet 102.35 Bn 99.06 Bn 1.49 Bn 80.29%
8 Synopsys 88.25 Bn 88.13 Bn 1.77 Bn 73.54%
9 Cloudflare 83.26 Bn 82.32 Bn 455.60 Mn 71.21%
10 Nextnav 2.78 Mn -256.70 Mn -986,000.00 -104.34%

Historic Data

Download Data
DateValue
Dec 31, 2025 -104.34%
Sep 30, 2025 -130.10%
Jun 30, 2025 -69.30%
Mar 31, 2025 -64.59%
Dec 31, 2024 -31.19%
Sep 30, 2024 -60.86%
Jun 30, 2024 -164.62%
Mar 31, 2024 -163.96%
Dec 31, 2023 -928.55%
Sep 30, 2023 -214.70%
Jun 30, 2023 -292.75%
Mar 31, 2023 -264.22%
Sep 30, 2022 -462.62%
Jun 30, 2022 -111.19%
Mar 31, 2022 -153.29%
Sep 30, 2021 -649.28%
Jun 30, 2021 -919.44%