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