Nextnav (NN) Operating Expenses (2021 - 2026)
Nextnav's Operating Expenses came in at $21.4 million for Q2 2026, up 16.0% from $18.44 million a year earlier.
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Analysis
Nextnav (NN) Operating Expenses (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Nextnav reported Operating Expenses of $77.66 million, up 12.4% year-over-year; for FY2025, it came in at $74.81 million, up 13.7% from FY2024.
- Operating Expenses carries a five-year compound annual growth rate of 20.0% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $65.77 million in FY2024 (-2.4%), $67.39 million in FY2023 (-3.0%), $69.46 million in FY2022 (+60.8%) and $43.19 million in FY2021 (+43.8%).
- The Q2 2026 figure represents the highest quarterly Operating Expenses in data going back to Q1 2021.
- Year-over-year, Operating Expenses increased in five of the last seven quarters, with growth averaging 7.2%.
- The fastest year-over-year change in Operating Expenses over five years came in Q3 2022 (growth of 152.5%), and the weakest in Q4 2024 (a decline of 21.1%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,943.67 Bn | 4,691.16 Bn | 54.77 Bn | 19.08 Bn |
| 2 | Cisco Systems | 421.20 Bn | 357.13 Bn | 11.06 Bn | 6.80 Bn |
| 3 | Dell Technologies | 347.85 Bn | 303.60 Bn | 9.83 Bn | 4.45 Bn |
| 4 | Arista Networks | 258.42 Bn | 211.87 Bn | 1.91 Bn | 532.30 Mn |
| 5 | Sandisk | 250.08 Bn | 238.60 Bn | 7.58 Bn | 545.00 Mn |
| 6 | Seagate Technology Holdings | 208.99 Bn | 203.98 Bn | 1.90 Bn | 2.07 Bn |
| 7 | Western Digital | 163.62 Bn | 151.74 Bn | 2.03 Bn | 465.00 Mn |
| 8 | Sony | 143.48 Bn | 93.86 Bn | 6.53 Bn | 14.83 Bn |
| 9 | Hewlett Packard Enterprise | 83.23 Bn | 61.11 Bn | 4.93 Bn | 10.82 Bn |
| 10 | Nextnav | 2.38 Bn | 2.38 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 |
API Access
Nextnav Operating Expenses 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=operating-expenses&ticker=NN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=NN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();