Nextnav (NN) Operating Expenses (2021 - 2026)
Nextnav's (NN) quarterly Operating Expenses came in at $21.4 million in Q2 2026, up 16.03% on a YoY basis from $18.4 million in Q2 2025, and up 25.37% quarter-over-quarter from $17.1 million in Q4 2025.
Analysis
Nextnav (NN) Operating Expenses (2021 - 2026) Analysis & Trends
Nextnav (NN) has reported Operating Expenses for 6 consecutive years, with $21.4 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 16.03% year-over-year to $21.4 million; the trailing twelve-month figure through Jun 2026 stood at $77.7 million (up 12.36% YoY), and the FY2025 full-year result was $74.8 million, up 13.74% from the prior year.
- Operating Expenses improved to $21.4 million in Q2 2026 per NN's latest filing, from $17.1 million in the prior quarter.
- Across five years, Operating Expenses topped out at $21.4 million in Q2 2026 and bottomed at $14.8 million in Q1 2023.
- Historically, Operating Expenses has averaged $17.6 million across 5 years, with a median of $17.2 million in 2024.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses soared 152.53% in 2022, then decreased 21.09% in 2024.
- Over 5 years, Operating Expenses stood at $15.3 million in 2022, then jumped by 37.79% to $21.1 million in 2023, then declined by 21.09% to $16.7 million in 2024, then increased by 2.35% to $17.1 million in 2025, then grew by 25.37% to $21.4 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $21.4 million, $17.1 million, and $20.8 million for Q2 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 429.97 Bn | 414.05 Bn | 11.06 Bn | 6.80 Bn |
| 2 | Ciena | 48.50 Bn | 45.87 Bn | 759.27 Mn | 458.09 Mn |
| 3 | Ubiquiti | 35.16 Bn | 34.54 Bn | 429.25 Mn | 89.26 Mn |
| 4 | Ericsson Lm Telephone | 33.51 Bn | 28.36 Bn | 2.58 Bn | -1.95 Bn |
| 5 | Applied Optoelectronics | 9.11 Bn | 8.61 Bn | 53.21 Mn | 77.93 Mn |
| 6 | Amdocs | 6.68 Bn | 6.47 Bn | 467.16 Mn | 128.39 Mn |
| 7 | Extreme Networks | 2.88 Bn | 2.66 Bn | 210.49 Mn | 189.42 Mn |
| 8 | Digi International | 2.63 Bn | 2.60 Bn | 89.93 Mn | 67.03 Mn |
| 9 | Calix | 2.25 Bn | 2.06 Bn | 160.12 Mn | 138.28 Mn |
| 10 | Nextnav | 2.14 Bn | 2.14 Bn | -905,000.00 | 21.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.40 Mn |
| Dec 31, 2025 | 17.07 Mn |
| Sep 30, 2025 | 20.75 Mn |
| Jun 30, 2025 | 18.44 Mn |
| Mar 31, 2025 | 18.54 Mn |
| Dec 31, 2024 | 16.68 Mn |
| Sep 30, 2024 | 15.46 Mn |
| Jun 30, 2024 | 16.44 Mn |
| Mar 31, 2024 | 17.20 Mn |
| Dec 31, 2023 | 21.13 Mn |
| Sep 30, 2023 | 15.65 Mn |
| Jun 30, 2023 | 15.83 Mn |
| Mar 31, 2023 | 14.78 Mn |
| Dec 31, 2022 | 15.34 Mn |
| Sep 30, 2022 | 18.44 Mn |
| Jun 30, 2022 | 18.44 Mn |
| Mar 31, 2022 | 17.25 Mn |
| Dec 31, 2021 | 14.18 Mn |
| Sep 30, 2021 | 7.30 Mn |
| Jun 30, 2021 | 8.85 Mn |