NASDAQ$NAVN

Navan, Inc · Q1 2027 earnings

Q1 2027 earnings · · After market close

Briefing

Navan reported strong Q1 2027 results with 40% revenue growth and record GBV.

Navan, Inc. announced financial results for the first quarter ended April 30, 2026, showing accelerated growth. Total revenue reached $220 million, up 40% year-over-year, driven by usage and subscription segments. The company raised its full-year guidance amid strong operational momentum and AI initiatives.

  • Total revenue of $220 million, +40% YoY; usage revenue $202M (+41%), subscription $18M (+26%)
  • Gross Booking Volume surged 50% YoY to $3.1 billion; Payment Volume $1.3 billion (+29%)
  • GAAP gross profit $163 million (74% margin); GAAP net loss narrowed to $21 million
  • Non-GAAP operating income $24 million (11% margin); raised FY2027 revenue guidance to 30% growth

Headline financials

Total Revenue

$220M

Previous: $220M-0.1%
EPS (adj)

$0.08

Previous: -$0.08+200.0%
Gross Booking Volume

$3.1B

No prior period
Payment Volume

$1.3B

No prior period
Net Income

-$21M

Previous: -$20.5M-2.4%
Operating Income

-$18M

Previous: -$18.1M+0.6%
Gross Profit

$163M

Previous: $163M-0.0%

Revenue & EPS history

Navan, Inc · Revenue · Quarterly

$220M

Q1 2027-0.1%vs Q1 2026
Beat estimate in 3 of 3 quarters(100%)
ActualEstimate

Revenue by segment

Navan, Inc · $220M total across 2 segments · Q1 2027

  • Usage revenue
    $202M
  • Subscription revenue
    $18M

Forward guidance

Raised FY2027 revenue guidance to 30% YoY growth; Q2 revenue expected $219-221 million.

Tailwinds

  • Strong enterprise momentum and new customer wins
  • AI-powered features driving efficiency and adoption
  • Margin expansion and operating leverage demonstrated

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 1 quarterly earnings reports · overlaid with Q1 2027

Historical avgQ1 2027

-3.0%

Avg return

Earnings day

+1.1%

Avg return

5 days after

+0.9%

Avg return

30 days after

33%

1 / 3 earnings

Positive

+8.3%

Q1 2026

Best reaction

-11.9%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2027-5.3%+8.9%
Q1 2026+8.3%-8.8%
Q3 2025-11.9%+3.2%+0.9%

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