Nextnav (NN) Operating Expenses (2021 - 2025)

Nextnav (NN) posted Operating Expenses of $17.1 million for Q4 2025, down 17.75% quarter-over-quarter from $20.8 million in Q3 2025, and up 2.35% year-on-year from $16.7 million in Q4 2024.

Nextnav (NN) Operating Expenses (2021 - 2025) Analysis & Trends

Nextnav (NN) has reported Operating Expenses for 5 consecutive years, with $17.1 million the latest figure, recorded in Q4 2025.

  • Operating Expenses for Q4 2025 came in at $17.1 million, up 2.35% year-over-year; the trailing twelve-month figure through Dec 2025 was $74.8 million (up 13.74% YoY), and the FY2025 annual result was $74.8 million, up 13.74% from the prior year.
  • Operating Expenses was $17.1 million for Q4 2025 at Nextnav, down from $20.8 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $21.1 million in Q4 2023 and troughed at $7.3 million in Q3 2021.
  • Average Operating Expenses over 5 years is $16.0 million, with a median of $16.6 million recorded in 2024.
  • Year-over-year, Operating Expenses jumped 152.53% in 2022 and slipped 21.09% in 2024.
  • Over 5 years, Operating Expenses stood at $14.2 million in 2021, then increased by 8.2% to $15.3 million in 2022, then surged by 37.79% to $21.1 million in 2023, then fell by 21.09% to $16.7 million in 2024, then rose by 2.35% to $17.1 million in 2025.
  • Per Business Quant data, the three most recent Operating Expenses figures were $17.1 million in Q4 2025, $20.8 million in Q3 2025, and $18.4 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 10.85 Bn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 13.05 Bn
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 662.79 Mn
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 1.51 Bn
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 979.89 Mn
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 905.10 Mn
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn 517.59 Mn
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 1.57 Bn
9 Block 46.10 Bn 39.21 Bn 2.91 Bn 3.08 Bn
10 Nextnav 2.36 Mn 2.36 Mn -986,000.00 17.07 Mn

Historic Data

Download Data
DateValue
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
Mar 31, 2021 12.86 Mn