Nextnav (NN) Research & Development (2021 - 2026)
Nextnav's (NN) quarterly Research & Development came in at $4.9 million in Q4 2025, up 26.04% YoY from $3.9 million in Q4 2024, and down 4.19% on a QoQ basis from $5.2 million in Q3 2025.
Nextnav (NN) Research & Development (2021 - 2026) Analysis & Trends
Nextnav (NN) has 5 years of Research & Development data on file, last reported at $4.9 million in Q4 2025.
- Quarterly Research & Development rose 26.04% year-over-year to $4.9 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $19.0 million (up 16.69% YoY) and the FY2025 annual result came in at $19.0 million, up 16.69% from the prior year.
- Research & Development slipped to $4.9 million in Q4 2025, from $5.2 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $5.2 million in Q3 2025 to a low of $145000.0 in Q1 2021.
- A 5-year average of $3.9 million and a median of $4.3 million in 2022 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2022 — Research & Development soared 2650.34% — and 2024, when it declined 29.2%.
- Tracing NN's Research & Development over 5 years: stood at $2.6 million in 2021, then jumped by 68.57% to $4.3 million in 2022, then climbed by 13.61% to $4.9 million in 2023, then slipped by 20.45% to $3.9 million in 2024, then gained by 26.04% to $4.9 million in 2025.
- The last three Research & Development figures came in at $4.9 million (Q4 2025), $5.2 million (Q3 2025), and $4.8 million (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 10.00 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 339.50 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 4.01 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 1.16 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 669.10 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 276.12 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 396.38 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 60.00 Mn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 664.96 Mn |
| 10 | Nextnav | 2.70 Bn | 2.32 Bn | -905,000.00 | 5.46 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.46 Mn |
| Dec 31, 2025 | 4.94 Mn |
| Sep 30, 2025 | 5.15 Mn |
| Jun 30, 2025 | 4.82 Mn |
| Mar 31, 2025 | 4.04 Mn |
| Dec 31, 2024 | 3.92 Mn |
| Sep 30, 2024 | 3.55 Mn |
| Jun 30, 2024 | 4.11 Mn |
| Mar 31, 2024 | 4.67 Mn |
| Dec 31, 2023 | 4.92 Mn |
| Sep 30, 2023 | 5.01 Mn |
| Jun 30, 2023 | 4.99 Mn |
| Mar 31, 2023 | 4.58 Mn |
| Dec 31, 2022 | 4.33 Mn |
| Sep 30, 2022 | 4.57 Mn |
| Jun 30, 2022 | 4.17 Mn |
| Mar 31, 2022 | 3.99 Mn |
| Dec 31, 2021 | 2.57 Mn |
| Sep 30, 2021 | 1.98 Mn |
| Jun 30, 2021 | 2.53 Mn |