Growth Metrics

Nextnav (NXNVW) Operating Expenses (2021 - 2025)

Nextnav posted quarterly Operating Expenses of $17.1 million for Q4 2025, up 2.35% year-on-year from $16.7 million in Q4 2024, and down 17.75% on a QoQ basis from $20.8 million in Q3 2025.

Nextnav (NXNVW) has 5 years of Operating Expenses data on file, last reported at $17.1 million in Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses rose 2.35% year-over-year to $17.1 million; the trailing twelve-month figure through Dec 2025 stood at $74.8 million (up 13.74% YoY), and the FY2025 full-year result was $74.8 million, up 13.74% from the prior year.
  • Operating Expenses for Q4 2025 stood at $17.1 million, down from $20.8 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $21.1 million in Q4 2023 and bottomed at $7.3 million in Q3 2021.
  • The 5-year median for Operating Expenses is $16.6 million (2024), against an average of $16.0 million.
  • The widest annual swing landed in 2022, when Operating Expenses surged 152.53%; it then retreated 21.09% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $14.2 million in 2021, then climbed by 8.2% to $15.3 million in 2022, then soared by 37.79% to $21.1 million in 2023, then dropped by 21.09% to $16.7 million in 2024, then grew by 2.35% to $17.1 million in 2025.
  • The last three Operating Expenses figures came in at $17.1 million (Q4 2025), $20.8 million (Q3 2025), and $18.4 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Microsoft 3,425.08 Bn 3,346.81 Bn 56.06 Bn 10.85 Bn
2 Oracle 712.03 Bn 673.46 Bn 15.14 Bn 11.73 Bn
3 Palantir Technologies 384.58 Bn 376.66 Bn 1.42 Bn 662.79 Mn
4 Palo Alto Networks 208.80 Bn 204.26 Bn 1.91 Bn 1.51 Bn
5 CrowdStrike Holdings 195.63 Bn 192.58 Bn 993.68 Mn 979.89 Mn
6 Fortinet 108.69 Bn 105.40 Bn 1.49 Bn 905.10 Mn
7 Cloudflare 95.27 Bn 94.32 Bn 455.60 Mn 517.59 Mn
8 Synopsys 93.41 Bn 93.30 Bn 1.77 Bn 1.57 Bn
9 CoreWeave 65.84 Bn 63.57 Bn 2.01 Bn 2.22 Bn
10 Nextnav - - -986,000.00 17.07 Mn

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 17.07 Mn
Sep 30, 2025 20.75 Mn
Jun 30, 2025 18.44 Mn
Mar 31, 2025 18.54 Mn
Dec 31, 2024 16.68 Mn
Sep 30, 2024 15.46 Mn
Jun 30, 2024 16.44 Mn
Mar 31, 2024 17.20 Mn
Dec 31, 2023 21.13 Mn
Sep 30, 2023 15.65 Mn
Jun 30, 2023 15.83 Mn
Mar 31, 2023 14.78 Mn
Dec 31, 2022 15.34 Mn
Sep 30, 2022 18.44 Mn
Jun 30, 2022 18.44 Mn
Mar 31, 2022 17.25 Mn
Dec 31, 2021 14.18 Mn
Sep 30, 2021 7.30 Mn
Jun 30, 2021 8.85 Mn
Mar 31, 2021 12.86 Mn