Nextnav (NN) Operating Leases (2022 - 2026)
Nextnav's (NN) quarterly Operating Leases came in at $10.8 million in Q2 2026, down 20.07% on a YoY basis from $13.5 million in Q2 2025, and down 12.64% quarter-over-quarter from $12.3 million in Q4 2025.
Analysis
Nextnav (NN) Operating Leases (2022 - 2026) Analysis & Trends
Nextnav (NN) has reported Operating Leases for 5 consecutive years, with $10.8 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Leases fell 20.07% year-over-year to $10.8 million; the trailing twelve-month figure through Jun 2026 stood at $10.8 million (down 20.07% YoY), and the FY2025 full-year result was $12.3 million, down 14.04% from the prior year.
- Operating Leases slipped to $10.8 million in Q2 2026 per NN's latest filing, from $12.3 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.
- Historically, Operating Leases has averaged $11.9 million across 5 years, with a median of $13.5 million in 2025.
- The widest YoY moves for Operating Leases: up 186.29% in 2023, down 20.55% in 2023.
- Over 5 years, 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, then dropped by 12.64% to $10.8 million in 2026.
- According to Business Quant data, Operating Leases over the past three periods registered $10.8 million, $12.3 million, and $12.9 million for Q2 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cisco Systems | 431.96 Bn | 416.05 Bn | 11.06 Bn |
| 2 | Ciena | 49.22 Bn | 46.59 Bn | 759.27 Mn |
| 3 | Ubiquiti | 35.10 Bn | 34.49 Bn | 429.25 Mn |
| 4 | Ericsson Lm Telephone | 33.63 Bn | 28.47 Bn | 2.58 Bn |
| 5 | Applied Optoelectronics | 9.23 Bn | 8.73 Bn | 53.21 Mn |
| 6 | Amdocs | 6.69 Bn | 6.49 Bn | 467.16 Mn |
| 7 | Extreme Networks | 2.90 Bn | 2.69 Bn | 210.49 Mn |
| 8 | Digi International | 2.65 Bn | 2.62 Bn | 89.93 Mn |
| 9 | Calix | 2.27 Bn | 2.07 Bn | 160.12 Mn |
| 10 | Nextnav | 2.14 Bn | 2.14 Bn | -905,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.78 Mn |
| 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 | 9.75 Mn |