Nextnav (NN) Operating Leases (2022 - 2025)

Nextnav (NN) posted Operating Leases of $12.3 million for Q4 2025, down 4.5% on a QoQ basis from $12.9 million in Q3 2025, and down 14.04% year-over-year from $14.4 million in Q4 2024.

Nextnav (NN) Operating Leases (2022 - 2025) Analysis & Trends

Nextnav's Operating Leases history runs 4 years deep, the most recent figure standing at $12.3 million for Q4 2025.

  • Quarterly Operating Leases fell 14.04% year-over-year to $12.3 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $12.3 million (down 14.04% YoY) and the FY2025 annual result came in at $12.3 million, down 14.04% from the prior year.
  • Operating Leases was $12.3 million for Q4 2025 at Nextnav, down from $12.9 million in the prior quarter.
  • Across five years, Operating Leases topped out at $16.0 million in Q2 2024 and bottomed at $5.3 million in Q4 2022.
  • A 4-year average of $11.8 million and a median of $13.6 million in 2023 frame the typical range for Operating Leases.
  • Annual changes were most pronounced in 2023 — Operating Leases jumped 186.29% — and 2025, when it decreased 15.99%.
  • Nextnav's Operating Leases stood at $5.3 million in 2022, then soared by 186.29% to $15.1 million in 2023, then fell by 5.24% to $14.4 million in 2024, then declined by 14.04% to $12.3 million in 2025.
  • Business Quant data shows NN's Operating Leases at $12.3 million in Q4 2025, $12.9 million in Q3 2025, and $13.5 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn
3 Oracle 344.13 Bn 312.24 Bn -
4 Repay Holdings 342.29 Bn 342.15 Bn -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn
10 Nextnav 1.77 Mn -150.37 Mn -986,000.00

Historic Data

Download Data
DateValue
Dec 31, 2025 12.34 Mn
Sep 30, 2025 12.92 Mn
Jun 30, 2025 13.48 Mn
Mar 31, 2025 14.20 Mn
Dec 31, 2024 14.35 Mn
Sep 30, 2024 15.38 Mn
Jun 30, 2024 15.99 Mn
Mar 31, 2024 14.97 Mn
Dec 31, 2023 15.15 Mn
Sep 30, 2023 15.08 Mn
Jun 30, 2023 13.76 Mn
Mar 31, 2023 7.74 Mn
Dec 31, 2022 5.29 Mn
Sep 30, 2022 5.61 Mn
Jun 30, 2022 5.90 Mn
Mar 31, 2022 6.63 Mn