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Nextnav Inc. Industrials Search, Detection, Navigation, Guidance, Aeronautical Sys Russell 3000
$11.52Close $1.6BMarket cap $9.21 – $23.5952-week range Nov 10, 2026Next report · after the close

Highlights

Cautions

  • Not in an uptrend 0 of 8 trend conditions
  • Lagging the market RS 15 · weaker than 85% of stocks over 12 months
  • Far from its high 51% below its 52-week high
  • Results soon Nov 10, 2026, in 9 days
  • Financial distress Altman Z″ in the distress zone

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Aug 11, 2026
Off 12-month high 51%
1wk up 14.3% price change
1mo down 19.9% price change
12-month return down 9% market up 11% · its own down 25%
F-score — — Not assessed
Altman Z -3.37 Elevated risk
P/E — price / earnings
PEG — P/E / EPS growth
P/B — price / book
Earnings yield down 3.9% EBIT / enterprise value
Cheaper than 15% of the market · expensive
Revenue growth down 19% year on year
EPS growth — latest quarter
Sales growth down 4% latest quarter · +31 pts
ROE — return on equity
Free cash margin down 1111% -$50.8M FCF
D/E — long-term debt / equity
Net debt / EBITDA —
Interest cover Lossoperating loss

Trade setup

ATR% 9.1% $1.05 a day · 2×ATR $9.41
RS 15 / 99 vs the universe
Trend 0 / 8 trend template
Relative volume 0.9× vs 50-day average
Up/down volume 0.75 50 sessions
Implied move — no option chain · report Nov 10, 2026
Trend template · 0 of 8

Screen verdict

Did not qualify for any screen.

Warning signs

5 flagged
  • Liabilities exceed assets Shareholders' equity is negative at -$86.2M as of Dec 31, 2025. What is left for shareholders after creditors is, on the balance sheet, less than nothing.
  • Bankruptcy model reads distressed The Altman score sits inside the range historically associated with financial distress. It is used here only to exclude, never to rank, and it is a statistical band rather than a prediction about this company.
  • Losing money before interest is even paid The company made an operating loss, so interest is not covered at all - the debt is being serviced from cash reserves, asset sales or new borrowing rather than from the business.
  • Shareholders diluted The share count rose 3.2% over the year, from 131m to 135m shares. Each existing share owns a smaller fraction of the company than it did a year ago.
  • Revenue shrinking Revenue fell 19.3% over the year, from $5.7M to $4.6M.
Last reported Aug 11, 2026
Results reaction Aug 11, 2026+25% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $4.6M -19% on FY2024
$0 $10M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $569,000 FY2021 · $763,000 FY2022 · $3.9M FY2023 · $3.9M FY2024 · $5.7M FY2025 · $4.6M
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology -$189.3M
-$200M $0 FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$137.3M FY2021 · -$144.7M FY2022 · -$40.1M FY2023 · -$71.7M FY2024 · -$101.9M FY2025 · -$189.3M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology -$50.8M
-$100M $0 FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$34.8M FY2021 · -$49.0M FY2022 · -$40.1M FY2023 · -$38.2M FY2024 · -$38.4M FY2025 · -$50.8M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross
  • Net -4138%
  • Free cash -1111%
-25000% 0% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Gross -57% · Net -24136% · Free cash -6120% FY2021 · Gross 70% · Net -18960% · Free cash -6416% FY2022 · Gross 39% · Net -1022% · Free cash -1020% FY2023 · Gross 40% · Net -1857% · Free cash -989% FY2024 · Gross 87% · Net -1797% · Free cash -677% FY2025 · Net -4138% · Free cash -1111%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $228.8M net debt
  • Cash
  • Long-term debt
$0 $500M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $13.7M FY2021 · Cash $100.1M FY2022 · Cash $47.2M FY2023 · Cash $81.9M · Long-term debt $48.4M FY2024 · Cash $39.3M · Long-term debt $54.6M FY2025 · Cash $44.8M · Long-term debt $273.6M
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 135.37m +1742.9% since FY2020
135.37m 7.35m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 7.35m FY2021 · 96.55m FY2022 · 106.42m FY2023 · 111.13m FY2024 · 131.14m FY2025 · 135.37m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $569,000 $763,000 $3.9M $3.9M $5.7M $4.6M
Gross margin -57% 70% 39% 40% 87% —
Operating income -$29.5M -$42.4M -$65.5M -$63.5M -$60.1M -$70.2M
Net income -$137.3M -$144.7M -$40.1M -$71.7M -$101.9M -$189.3M
Net margin -24136% -18960% -1022% -1857% -1797% -4138%
Earnings per share — -$6,140.06 -$0.40 -$0.66 -$838.51 -$1,424.39
Free cash flow -$34.8M -$49.0M -$40.1M -$38.2M -$38.4M -$50.8M
Free cash margin -6120% -6416% -1020% -989% -677% -1111%
Cash $13.7M $100.1M $47.2M $81.9M $39.3M $44.8M
Long-term debt — — — $48.4M $54.6M $273.6M
Shareholders' equity -$490.4M $100.0M $100.0M $78.7M $50.1M -$86.2M
Shares outstanding 7.35m 96.55m 106.42m 111.13m 131.14m 135.37m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 11, 2026 Quarterly ↗ Jun 30, 2026 42d
May 14, 2026 Quarterly ↗ Mar 31, 2026 44d
Mar 17, 2026 Annual ↗ Dec 31, 2025 76d
Nov 6, 2025 Quarterly ↗ Sep 30, 2025 37d
Aug 6, 2025 Quarterly ↗ Jun 30, 2025 37d
May 9, 2025 Quarterly ↗ Mar 31, 2025 39d
Mar 12, 2025 Annual ↗ Dec 31, 2024 71d
Nov 13, 2024 Quarterly ↗ Sep 30, 2024 44d
Aug 7, 2024 Quarterly ↗ Jun 30, 2024 38d
May 8, 2024 Quarterly ↗ Mar 31, 2024 38d
Mar 13, 2024 Annual ↗ Dec 31, 2023 73d
Nov 8, 2023 Quarterly ↗ Sep 30, 2023 39d

Current reports