NAVNNavan, Inc.
Services-Prepackaged Software
- Revenue
- $702M
- 31% YoY
- Operating margin
- -28.0%
- 40% YoY
- EBITDA
- −$137M
- 65% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- −$529M net debt
- AI in 10-K
- —
Red flags 1 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCFired26% of revenueOver 10% of revenue
- Payouts exceed cash flowClear0% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear13% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2024 | FY2025 | FY2026 | YoY |
|---|---|---|---|---|
| Revenue | $402M | $537M | $702M | 31% |
| Operating income | −$246M | −$108M | −$197M | 83% |
| Net income | −$332M | −$181M | −$398M | 120% |
| Operating cash flow | −$166M | −$50M | $34M | 167% |
| Capex | $561K | $994K | $917K | 7.7% |
| Stock-based comp | $76M | $77M | $182M | 137% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $14M · 7
- Net
- −$14M
Pay vs performance
No pay-versus-performance disclosure yet.