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| Date | Value |
|---|---|
| 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 |