Nextnav (NN) Research & Development (2021 - 2025)
Nextnav (NN) posted Research & Development of $4.9 million for Q4 2025, down 4.19% on a QoQ basis from $5.2 million in Q3 2025, and up 26.04% year-over-year from $3.9 million in Q4 2024.
Nextnav (NN) Research & Development (2021 - 2025) Analysis & Trends
Nextnav's Research & Development history runs 5 years deep, the most recent figure standing at $4.9 million for 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 was $4.9 million for Q4 2025 at Nextnav, down from $5.2 million in the prior quarter.
- Across five years, Research & Development topped out at $5.2 million in Q3 2025 and bottomed at $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 decreased 29.2%.
- Nextnav's Research & Development stood at $2.6 million in 2021, then soared by 68.57% to $4.3 million in 2022, then increased by 13.61% to $4.9 million in 2023, then declined by 20.45% to $3.9 million in 2024, then climbed by 26.04% to $4.9 million in 2025.
- Business Quant data shows NN's Research & Development at $4.9 million in Q4 2025, $5.2 million in Q3 2025, and $4.8 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 6.81 Bn |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | - |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | 4.01 Bn |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | 160.98 Mn |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | 823.00 Mn |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | 802.89 Mn |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 636.30 Mn |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | 271.60 Mn |
| 10 | Nextnav | 1.77 Mn | -150.37 Mn | -986,000.00 | 4.94 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 145,000.00 |