Nextnav (NN) Gross Margin (2021 - 2026)
Nextnav (NN) reported Gross Margin of -78.70% for Q2 2026, down 9.39 percentage points from -69.30% a year earlier.
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Analysis
Nextnav (NN) Gross Margin (2021 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Nextnav's Gross Margin came in at -92.69%, down 38.35 percentage points year-over-year; for FY2025, it was -86.75%, up 3.36 percentage points from FY2024.
- Gross Margin has a five-year change of +1178.81 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at -90.10% in FY2024 (+139.85 pp), -229.96% in FY2023 (-29.25 pp), -200.71% in FY2022 (+2109.51 pp) and -2310.22% in FY2021 (-1044.67 pp).
- Five-year quarterly Gross Margin spans a low of -292.75% in Q2 2023 and a high of -31.19% in Q4 2024.
- Year over year, Gross Margin gained in four of the last seven quarters, with an average year-over-year change of +49.03 percentage points.
- The high point for year-over-year Gross Margin in five years was Q1 2022 (a gain of 2694.12 percentage points); the low point was Q1 2023 (a drop of 110.92 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,865.08 Bn | 4,612.57 Bn | 54.77 Bn | 50.06% |
| 2 | Cisco Systems | 424.71 Bn | 360.64 Bn | 11.06 Bn | 64.13% |
| 3 | Dell Technologies | 344.52 Bn | 300.28 Bn | 9.83 Bn | 20.93% |
| 4 | Arista Networks | 256.79 Bn | 210.25 Bn | 1.91 Bn | 62.93% |
| 5 | Sandisk | 254.02 Bn | 242.55 Bn | 7.58 Bn | 84.57% |
| 6 | Seagate Technology Holdings | 209.18 Bn | 204.17 Bn | 1.90 Bn | 52.30% |
| 7 | Western Digital | 164.06 Bn | 152.19 Bn | 2.03 Bn | 54.12% |
| 8 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn | 36.70% |
| 9 | Lumentum Holdings | 86.05 Bn | 77.87 Bn | 477.30 Mn | 47.43% |
| 10 | Nextnav | 2.40 Bn | 2.40 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% |
| Mar 31, 2022 | -153.29% |
| Mar 31, 2021 | -2,847.41% |
API Access
Nextnav Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=NN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "NN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=NN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();