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NextNav Inc.

Information TechnologyMedical Instruments
Ticker NNRESTON, VAFiscal year ends DecemberBook value per share $2.39Diluted shares 139.8M

NextNav Inc. (Nasdaq: NN) develops positioning, navigation and timing (PNT) services designed to complement and back up GPS, including in indoor settings and areas where satellite signals are disrupted. Its offerings include Pinnacle, which uses barometric sensors and network data to determine vertical location for… From the company’s description.

Over the twelve months to Jun 30, 2026, NextNav Inc. reported revenue of $3.98M, down 36.5% from a year earlier, and a net loss of $111.86M. Operations used $53.06M in cash. In fiscal 2025, it reported revenue of $4.57M, down 19.3% from fiscal 2024, and a net loss of $189.25M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$4.57MFY2025
−19.3% year over year
Last 12 mo $3.98M
-1535.80%FY2025
−475.7 percentage points
Last 12 mo -1900.43%
$-189.25MFY2025
−85.8% year over year
Last 12 mo $-111.86M
219.46%FY2025
+422.7 percentage points
Last 12 mo -33.44%
Cash & financing
$-50.74MFY2025
−33.5% year over year
Last 12 mo $-53.06M
$-51.22MFY2025
−23.3% year over year
Last 12 mo $-53.61M
-3.17FY2025
Was 1.09× a year earlier
Last 12 mo 0.00
132.9MFY2025
+9.4% year over year
Last 12 mo 139.8M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What NextNav Inc. does

In the company’s own words

NextNav Inc. (Nasdaq: NN) develops positioning, navigation and timing (PNT) services designed to complement and back up GPS, including in indoor settings and areas where satellite signals are disrupted. Its offerings include Pinnacle, which uses barometric sensors and network data to determine vertical location for public safety, E911 and other applications, and TerraPoiNT, a ground-based PNT network; it is also developing NextGen, a 5G-based platform intended to provide PNT alongside broadband services. Customers and partners include wireless carriers, device manufacturers, application developers, government agencies and international collaborators. NextNav delivers services through APIs, software development kits and technology licensing, and works with partners to distribute and operate its offerings. The company operates primarily as a service provider and reports a single business. Its FCC-licensed spectrum includes 8 MHz of contiguous 900 MHz spectrum covering more than 90% of the U.S. population, plus 4 MHz of complementary spectrum in parts of the country. As of December 31, 2025, it had 103 full-time employees. Its website is www.nextnav.com.

Company details
Sector
Information Technology
Industry (SIC)
Medical Instruments
Headquarters
RESTON, VA
Fiscal year end
December
CIK
1865631
SIC
3812

Financial performance, year by year

Fiscal 2021–2025 · USD
$-208.75M$-150.27M$-91.79M$-33.32M$25.16M20212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns NextNav Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

136
funds hold it
0 of 35
superinvestors hold it
$344.93M
held by funds, at market
11.0%
of shares held by funds

Largest fund holders · NextNav Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.06%of fund net assets
—of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.02%of fund net assets
Tema Space Innovators ETF
NASA · Tema ETF Trust
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do NextNav Inc. and its peers compare on margins and cash generation over ten years?”
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