Nextnav (NN) Tax Rate (2021 - 2026)
Nextnav's (NN) quarterly Tax Rate came in at 0.18% in Q2 2026, down 11.0% on a YoY basis from 0.2% in Q2 2025, and down 100.31% quarter-over-quarter from 57.72% in Q4 2025.
Analysis
Nextnav (NN) Tax Rate (2021 - 2026) Analysis & Trends
Nextnav (NN) has reported Tax Rate for 6 consecutive years, with 0.18% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate fell 11.0% year-over-year to 0.18%; the trailing twelve-month figure through Jun 2026 stood at 24.0% (up 1129.0% YoY), and the FY2025 full-year result was 20.88%, down 1.0% from the prior year.
- Tax Rate eased to 0.18% in Q2 2026 per NN's latest filing, from 57.72% in the prior quarter.
- Across five years, Tax Rate topped out at 65.63% in Q4 2024 and bottomed at 0.98% in Q2 2022.
- Historically, Tax Rate has averaged 7.53% across 5 years, with a median of 0.14% in 2024.
- The sharpest annual moves came in 2024 and 2025: Tax Rate surged 6600 bps in 2024, then plunged 791 bps in 2025.
- Over 5 years, Tax Rate stood at 0.4% in 2022, then increased by 7 bps to 0.37% in 2023, then jumped by 17720 bps to 65.63% in 2024, then declined by 12 bps to 57.72% in 2025, then tumbled by 100 bps to 0.18% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 0.18%, 57.72%, and 8.7% for Q2 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 429.97 Bn | 414.05 Bn | 11.06 Bn | 21.77% |
| 2 | Ciena | 48.50 Bn | 45.87 Bn | 759.27 Mn | 14.23% |
| 3 | Ubiquiti | 35.16 Bn | 34.54 Bn | 429.25 Mn | 16.95% |
| 4 | Ericsson Lm Telephone | 33.51 Bn | 28.36 Bn | 2.58 Bn | -29.00% |
| 5 | Applied Optoelectronics | 9.11 Bn | 8.61 Bn | 53.21 Mn | -6.05% |
| 6 | Amdocs | 6.68 Bn | 6.47 Bn | 467.16 Mn | 30.14% |
| 7 | Extreme Networks | 2.88 Bn | 2.66 Bn | 210.49 Mn | 5.06% |
| 8 | Digi International | 2.63 Bn | 2.60 Bn | 89.93 Mn | 25.96% |
| 9 | Calix | 2.25 Bn | 2.06 Bn | 160.12 Mn | 27.48% |
| 10 | Nextnav | 2.14 Bn | 2.14 Bn | -905,000.00 | -0.18% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -0.18% |
| Dec 31, 2025 | 57.72% |
| Sep 30, 2025 | 8.70% |
| Jun 30, 2025 | -0.07% |
| Mar 31, 2025 | -0.10% |
| Dec 31, 2024 | 65.63% |
| Sep 30, 2024 | -0.19% |
| Jun 30, 2024 | -0.28% |
| Mar 31, 2024 | -0.14% |
| Dec 31, 2023 | -0.37% |
| Sep 30, 2023 | -0.10% |
| Jun 30, 2023 | -0.95% |
| Mar 31, 2023 | 0.08% |
| Dec 31, 2022 | -0.40% |
| Sep 30, 2022 | -0.08% |
| Jun 30, 2022 | -0.98% |
| Mar 31, 2022 | -0.35% |
| Dec 31, 2021 | -0.03% |
| Sep 30, 2021 | -0.03% |
| Jun 30, 2021 | -0.03% |