Navan, Inc. Class A (NAVN)
NASDAQ:NAVN
Earnings Data
Report Date
Jun 25, 2026After Close (Confirmed)
Period Ending
2027 (Q1)Consensus EPS Forecast
>-0.01Last Year’s EPS
-0.25Same Quarter Last Year
Strong Buy
Based on 8 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlighted strong commercial momentum (35% revenue growth, 42% GBV growth), meaningful product and AI progress, improved non-GAAP profitability (breakeven in Q4), and a strong balance sheet with free cash flow turned positive. Offsetting items include a large one-time GAAP charge related to retiring the Reed & Mackay brand, Reed & Mackay’s lower growth dragging consolidated NRR to 107%, and cautious full-year guidance (24% revenue growth) that is modest relative to the recent quarter’s acceleration. New initiatives (Navan Edge, restaurant bookings, meetings/events) present upside but remain early-stage. Overall, the positives around growth, margins, cash flow, and product momentum outweigh the disclosed headwinds.Company Guidance
Q4 Revenue Growth
Q4 revenue of $178,000,000, up 35% year-over-year, demonstrating strong top-line momentum.
GBV Expansion
Gross Booking Value (GBV) reached $2,300,000,000 in Q4, up 42% year-over-year; signed net new GBV in Q4 was over 50% higher than prior-year Q4.
Customer Experience Metrics at All-Time Highs
Net Promoter Score (NPS) of 47 (all-time high) and CSAT of 96 in Q4, indicating strong customer satisfaction and product-market fit.
Non-GAAP Profitability and Margin Expansion
Non-GAAP operating margin was breakeven in Q4, an improvement of approximately 1,100 basis points year-over-year; non-GAAP operating expenses down as a percentage of revenue.
Free Cash Flow Turned Positive
Company turned free cash flow positive for the first time in its history, one year ahead of plan.
Strong Balance Sheet
Cash and short-term investments of $741,000,000 versus $125,000,000 of debt, providing flexibility to invest in payments and product innovation.
Fiscal 2027 Guidance
FY 2027 revenue guidance of $866,000,000 to $874,000,000 (~24% growth at midpoint) and non-GAAP operating profit guidance of $58,000,000 to $62,000,000 (~7% margin at midpoint); Q1 FY2027 revenue guidance $204,000,000 to $206,000,000 (~30% growth).
Product and AI Leadership
Launch of Navan Edge (agentic AI) targeting the unmanaged travel TAM (~$56–57B stated), continued AI-driven releases (e.g., Expense AI agent), and claims of material operational benefits: median customer savings ~15%, average booking time reduced to seven minutes (vs. 45 minutes), >70% of expenses automated, and ~50% of support automated with AI.
Payments and Payments-Related Growth
Payments business grew 19% year-over-year in Q4; management highlights payments as a strategic growth and margin opportunity supported by strong financing capacity.
Healthy Retention in Core Platform
Net revenue retention for Navan's core platform at ~110%, with overall company NRR of 107% for FY2026 (core platform retention offset by lower-growth Reed & Mackay segment).
NAVN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
NAVN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 25, 2026 | $9.15 | $13.11 | +43.28% |
Dec 15, 2025 | $14.63 | $12.90 | -11.86% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Navan, Inc. Class A (NAVN) report earnings?
Navan, Inc. Class A (NAVN) is schdueled to report earning on Jun 25, 2026, After Close (Confirmed).
What is Navan, Inc. Class A (NAVN) earnings time?
Navan, Inc. Class A (NAVN) earnings time is at Jun 25, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NAVN EPS forecast?
NAVN EPS forecast for the fiscal quarter 2027 (Q1) is >-0.01.
