Nextnav (NN) Gross Margin (2021 - 2026)
Nextnav's (NN) quarterly Gross Margin came in at 78.7% in Q2 2026, down 939.0% on a YoY basis from 9.38% in Q2 2025, and up 24.58% quarter-over-quarter from 104.34% in Q4 2025.
Analysis
Nextnav (NN) Gross Margin (2021 - 2026) Analysis & Trends
Nextnav (NN) has reported Gross Margin for 6 consecutive years, with 78.7% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin fell 939.0% year-over-year to 78.7%; the trailing twelve-month figure through Jun 2026 stood at 92.69% (down 3835.0% YoY), and the FY2025 full-year result was 86.75%, up 336.0% from the prior year.
- Gross Margin improved to 78.7% in Q2 2026 per NN's latest filing, from 104.34% in the prior quarter.
- Across five years, Gross Margin topped out at 31.19% in Q4 2024 and bottomed at 462.62% in Q3 2022.
- Historically, Gross Margin has averaged 165.29% across 5 years, with a median of 153.29% in 2022.
- The sharpest annual moves came in 2022 and 2023: Gross Margin soared 3324412 bps in 2022, then tumbled 18156 bps in 2023.
- Over 5 years, Gross Margin stood at 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, then increased by 25 bps to 78.7% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 78.7%, 104.34%, and 130.1% for Q2 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 429.97 Bn | 414.05 Bn | 11.06 Bn | 64.13% |
| 2 | Ciena | 48.50 Bn | 45.87 Bn | 759.27 Mn | 45.43% |
| 3 | Ubiquiti | 35.16 Bn | 34.54 Bn | 429.25 Mn | 45.80% |
| 4 | Ericsson Lm Telephone | 33.51 Bn | 28.36 Bn | 2.58 Bn | 45.78% |
| 5 | Applied Optoelectronics | 9.11 Bn | 8.61 Bn | 53.21 Mn | 27.72% |
| 6 | Amdocs | 6.68 Bn | 6.47 Bn | 467.16 Mn | 39.76% |
| 7 | Extreme Networks | 2.88 Bn | 2.66 Bn | 210.49 Mn | 62.17% |
| 8 | Digi International | 2.63 Bn | 2.60 Bn | 89.93 Mn | 64.85% |
| 9 | Calix | 2.25 Bn | 2.06 Bn | 160.12 Mn | 54.59% |
| 10 | Nextnav | 2.14 Bn | 2.14 Bn | -905,000.00 | -78.70% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -78.70% |
| 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% |