Nextnav (NN) Invested Capital (2020 - 2025)
Nextnav's Invested Capital came in at $187.35 million for Q4 2025, up 78.9% from $104.74 million a year earlier but down 9.9% from the prior quarter.
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Analysis
Nextnav (NN) Invested Capital (2020 - 2025) Analysis & Trends
Going back to Q4 2020, Nextnav's Invested Capital data covers 14 quarters.
- Going back by year, Invested Capital was $104.74 million in FY2024 (-18.5%), $128.54 million in FY2023 (+21.9%), $105.41 million in FY2022 (+4.6%) and $100.75 million in FY2021.
- The five-year range for quarterly Invested Capital is $100.75 million (Q4 2021) to $219.67 million (Q1 2025).
- Year-over-year, Invested Capital has increased for four consecutive quarters, with growth averaging 41.9% over the last seven quarters.
- The fastest year-over-year change in Invested Capital over five years came in Q1 2025 (growth of 105.0%), and the weakest in Q4 2024 (a decline of 18.5%).
- Business Quant data shows NN's Invested Capital at $208.01 million (Q3 2025), $199.08 million (Q2 2025) and $219.67 million (Q1 2025) in the three quarters before Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,865.08 Bn | 4,612.57 Bn | 54.77 Bn | 191.86 Bn |
| 2 | Cisco Systems | 424.71 Bn | 360.64 Bn | 11.06 Bn | 79.82 Bn |
| 3 | Dell Technologies | 344.52 Bn | 300.28 Bn | 9.83 Bn | 33.04 Bn |
| 4 | Arista Networks | 256.79 Bn | 210.25 Bn | 1.91 Bn | - |
| 5 | Sandisk | 254.02 Bn | 242.55 Bn | 7.58 Bn | 15.74 Bn |
| 6 | Seagate Technology Holdings | 209.18 Bn | 204.17 Bn | 1.90 Bn | 5.73 Bn |
| 7 | Western Digital | 164.06 Bn | 152.19 Bn | 2.03 Bn | 9.92 Bn |
| 8 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn | 60.06 Bn |
| 9 | Lumentum Holdings | 86.05 Bn | 77.87 Bn | 477.30 Mn | 6.28 Bn |
| 10 | Nextnav | 2.40 Bn | 2.40 Bn | -905,000.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 187.35 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 |
API Access
Nextnav Invested Capital 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=invested-capital&ticker=NN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=NN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();