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| Date | Value |
|---|---|
| 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 |