Nextnav (NNAVW) Cost of Revenue (2021 - 2025)

Nextnav (NNAVW) has 5 years of Cost of Revenue data on file, last reported at $1.9 million in Q4 2025.

• For the quarter ending Q4 2025, Cost of Revenue fell 22.98% year-over-year to $1.9 million; the trailing twelve-month figure through Dec 2025 stood at $8.5 million (down 20.76% YoY), and the FY2025 full-year result was $8.5 million, down 20.76% from the prior year.
• Cost of Revenue for Q4 2025 stood at $1.9 million, down from $2.0 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $12.4 million in Q4 2023 and bottomed at $1.9 million in Q4 2025.
• The 5-year median for Cost of Revenue is $2.8 million (2024), against an average of $3.2 million.
• The widest annual swing landed in 2022, when Cost of Revenue soared 36.85%; it then slumped 79.77% in 2024.
• A 5-year view of Cost of Revenue shows it stood at $2.1 million in 2021, then surged by 36.85% to $2.8 million in 2022, then surged by 337.95% to $12.4 million in 2023, then plunged by 79.77% to $2.5 million in 2024, then retreated by 22.98% to $1.9 million in 2025.
• The last three Cost of Revenue figures came in at $1.9 million (Q4 2025), $2.0 million (Q3 2025), and $2.0 million (Q2 2025), per Business Quant data.

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