Nextnav (NN) Operating Expenses (2021 - 2025)

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

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

Nextnav has reported Operating Expenses for 5 years, with the latest figure at $17.1 million in Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses rose 2.35% year-over-year to $17.1 million; the trailing twelve-month figure through Dec 2025 stood at $74.8 million (up 13.74% YoY), and the FY2025 full-year result was $74.8 million, up 13.74% from the prior year.
  • Operating Expenses for Q4 2025 stood at $17.1 million, down from $20.8 million in the prior quarter.
  • The five-year high for Operating Expenses was $21.1 million in Q4 2023, with the low at $7.3 million in Q3 2021.
  • Historically, Operating Expenses has averaged $16.0 million across 5 years, with a median of $16.6 million in 2024.
  • Annual changes were most pronounced in 2022 — Operating Expenses surged 152.53% — and 2024, when it retreated 21.09%.
  • Nextnav's Operating Expenses stood at $14.2 million in 2021, then advanced by 8.2% to $15.3 million in 2022, then surged by 37.79% to $21.1 million in 2023, then slipped by 21.09% to $16.7 million in 2024, then climbed by 2.35% to $17.1 million in 2025.
  • The last three Operating Expenses figures came in at $17.1 million (Q4 2025), $20.8 million (Q3 2025), and $18.4 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Microsoft 2,998.30 Bn 2,920.03 Bn 56.06 Bn 10.85 Bn
2 Alarum Technologies 1,040.72 Bn 1,026.57 Bn 7.23 Mn 6.42 Mn
3 Oracle 590.32 Bn 551.74 Bn 15.14 Bn 11.73 Bn
4 Palantir Technologies 316.31 Bn 308.39 Bn 1.42 Bn 662.79 Mn
5 Palo Alto Networks 181.17 Bn 176.63 Bn 1.91 Bn 1.51 Bn
6 CrowdStrike Holdings 161.69 Bn 158.63 Bn 993.68 Mn 979.89 Mn
7 Fortinet 102.35 Bn 99.06 Bn 1.49 Bn 905.10 Mn
8 Synopsys 88.25 Bn 88.13 Bn 1.77 Bn 1.57 Bn
9 Cloudflare 83.26 Bn 82.32 Bn 455.60 Mn 517.59 Mn
10 Nextnav 2.78 Mn -256.70 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