Nextnav (NN) Invested Capital (2020 - 2025)
Nextnav's (NN) quarterly Invested Capital came in at $303.2 million in Q4 2025, up 189.46% on a YoY basis from $104.7 million in Q4 2024, and up 45.76% quarter-over-quarter from $208.0 million in Q3 2025.
Analysis
Nextnav (NN) Invested Capital (2020 - 2025) Analysis & Trends
Nextnav (NN) has reported Invested Capital for 6 consecutive years, with $303.2 million the latest figure, recorded in Q4 2025.
- For the quarter ending Q4 2025, Invested Capital rose 189.46% year-over-year to $303.2 million; the trailing twelve-month figure through Dec 2025 stood at $303.2 million (up 189.46% YoY), and the FY2025 full-year result was $303.2 million, up 189.46% from the prior year.
- Invested Capital rose to $303.2 million in Q4 2025 per NN's latest filing, from $208.0 million in the prior quarter.
- Across five years, Invested Capital topped out at $303.2 million in Q4 2025 and bottomed at $100.8 million in Q4 2021.
- Historically, Invested Capital has averaged $151.6 million across 5 years, with a median of $128.5 million in 2023.
- The sharpest annual moves came in 2024 and 2025: Invested Capital slipped 18.52% in 2024, then surged 189.46% in 2025.
- Over 5 years, Invested Capital stood at $100.8 million in 2021, then advanced by 4.62% to $105.4 million in 2022, then rose by 21.94% to $128.5 million in 2023, then slipped by 18.52% to $104.7 million in 2024, then soared by 189.46% to $303.2 million in 2025.
- According to Business Quant data, Invested Capital over the past three periods registered $303.2 million, $208.0 million, and $199.1 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 430.90 Bn | 415.39 Bn | 11.06 Bn | 83.35 Bn |
| 2 | Ciena | 45.56 Bn | 42.93 Bn | 759.27 Mn | 6.29 Bn |
| 3 | Ubiquiti | 35.05 Bn | 34.43 Bn | 429.25 Mn | 1.44 Bn |
| 4 | Ericsson Lm Telephone | 34.05 Bn | 14.63 Bn | 2.58 Bn | 14.55 Bn |
| 5 | Applied Optoelectronics | 8.91 Bn | 8.41 Bn | 53.21 Mn | 1.73 Bn |
| 6 | Amdocs | 6.75 Bn | 6.58 Bn | 467.16 Mn | 4.27 Bn |
| 7 | Extreme Networks | 2.85 Bn | 2.64 Bn | 210.49 Mn | 252.31 Mn |
| 8 | Digi International | 2.63 Bn | 2.60 Bn | 89.93 Mn | 793.28 Mn |
| 9 | Nextnav | 2.54 Bn | 2.54 Bn | -905,000.00 | - |
| 10 | Calix | 2.26 Bn | 2.07 Bn | 160.12 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 303.19 Mn |
| Sep 30, 2025 | 208.01 Mn |
| Jun 30, 2025 | 199.08 Mn |
| Mar 31, 2025 | 219.67 Mn |
| Dec 31, 2024 | 104.74 Mn |
| Sep 30, 2024 | 118.55 Mn |
| Jun 30, 2024 | 115.25 Mn |
| Mar 31, 2024 | 107.16 Mn |
| Dec 31, 2023 | 128.54 Mn |
| Sep 30, 2023 | 131.17 Mn |
| Jun 30, 2023 | 129.12 Mn |
| Dec 31, 2022 | 105.41 Mn |
| Dec 31, 2021 | 100.75 Mn |
| Dec 31, 2020 | -431.51 Mn |