Nextnav (NN) Gross Margin (2021 - 2025)

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

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

Nextnav's Gross Margin history runs 5 years deep, the most recent figure standing at 104.34% for Q4 2025.

  • Quarterly Gross Margin fell 7315.0% year-over-year to 104.34% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 86.75% (up 336.0% YoY) and the FY2025 annual result came in at 86.75%, up 336.0% from the prior year.
  • Gross Margin was 104.34% for Q4 2025 at Nextnav, up from 130.1% in the prior quarter.
  • Across five years, Gross Margin topped out at 31.19% in Q4 2024 and bottomed at 33510.0% in Q4 2021.
  • A 5-year average of 2032.87% and a median of 171.15% in 2024 frame the typical range for Gross Margin.
  • Annual changes were most pronounced in 2022 — Gross Margin surged 3324412 bps — and 2023, when it sank 18156 bps.
  • Nextnav's Gross Margin stood at 33510.0% in 2021, then jumped by 99 bps to 265.88% in 2022, then jumped by 33 bps to 177.68% in 2023, then jumped by 82 bps to 31.19% in 2024, then tumbled by 235 bps to 104.34% in 2025.
  • Business Quant data shows NN's Gross Margin at 104.34% in Q4 2025, 130.1% in Q3 2025, and 69.3% in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Microsoft 2,895.32 Bn 2,770.88 Bn 56.06 Bn 67.63%
2 PagSeguro Digital 2,672.75 Bn 2,672.75 Bn 358.92 Mn 37.74%
3 Repay Holdings 344.36 Bn 344.21 Bn - -
4 Oracle 339.20 Bn 307.30 Bn - -
5 Palantir Technologies 296.91 Bn 288.89 Bn 1.42 Bn 86.78%
6 Palo Alto Networks 225.55 Bn 221.01 Bn 1.91 Bn 73.59%
7 CrowdStrike Holdings 185.68 Bn 182.58 Bn 993.68 Mn 76.12%
8 Fortinet 109.83 Bn 106.54 Bn 1.49 Bn 80.29%
9 Cloudflare 95.19 Bn 94.25 Bn 455.60 Mn 71.21%
10 Nextnav 1.79 Mn -150.35 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 -177.68%
Sep 30, 2023 -214.70%
Jun 30, 2023 -292.75%
Mar 31, 2023 -264.22%
Dec 31, 2022 -265.88%
Sep 30, 2022 -462.62%
Jun 30, 2022 -111.19%
Mar 31, 2022 -153.29%
Dec 31, 2021 -33,510.00%
Sep 30, 2021 -649.28%
Jun 30, 2021 -919.44%
Mar 31, 2021 -2,847.41%