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NAVN · Nasdaq · United States · Services-Prepackaged Software
In shortNavan, Inc. is loss-making, generates cash and holds more cash than debt, with revenue growing (+30.8% last year).
Financial health
Weak
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | -28.0% | 0/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | -56.7% | 0/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | -3761.7% | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | -11.7% | 0/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 4.07× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.10× | 100/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | Net cash | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | -3.84× | 0/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 1.70 | 15/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 4.7% | 39/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | – | n/a |
| Years with positive free cash flow (last 5) | 1 of 3 | 17/100 |
Weight in the score: 20%
| Profitable years (last 5) | 0 of 3 | 0/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 2 | 100/100 |
| Revenue growth volatility | 1.9% | 100/100 |
| Operating margin volatility | 21.8% | 0/100 |
Weight in the score: 20%
Fiscal year 2026 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
The last 3 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 402 | 537 | 702 |
| Cost of revenue | 163 | 170 | 202 |
| Gross profit | 240 | 367 | 500 |
| Research & development | 132 | 122 | 151 |
| Operating income | (246) | (108) | (197) |
| Interest expense | 63 | 76 | 51 |
| Pre-tax income | (326) | (172) | (396) |
| Income tax | 5.4 | 9.6 | 2.1 |
| Net income | (332) | (181) | (398) |
| Diluted EPS | −$7.44 | −$4.00 | −$4.07 |
| Diluted shares (millions) | 45 | 45 | 98 |
The last 8 reported quarters (10-Q and 10-K filings), in USD millions. The fourth quarter is derived from the annual report.
The last 8 quarters of Navan, Inc. are included in the Investor plan. Try free for 7 days →
1.70 Grey zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
5/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jul 31, 2026 · Data updated Sep 10, 2026