NASDAQ$NN

NextNav Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Reported solid start to the year with expansion in 3D Geolocation and new partnerships.

NextNav reported a solid start to the year, driven by the adoption of vertical location capabilities with its Pinnacle service across markets, including public safety, gaming, and IoT. The company generated $1.2 million in revenue in the first quarter and made strong progress in building towards the launch of its TerraPoiNT network.

  • Expanded on the foundational work behind building the future of next generation GPS.
  • Saw strong momentum in the adoption of vertical location capabilities with Pinnacle service across markets, including public safety, gaming and IoT.
  • Made strong progress building towards the launch of TerraPoiNT network.
  • Market leading accuracy and reliability continuing to be validated by independent agencies and groups at both the government and industry level.

Headline financials

Total Revenue

$1.2M

Previous: $251K+377.7%
EPS (adj)

-$0.10

Previous: -$0.28+64.7%
Capital Expenditures

-$171.00

No prior period
Free Cash Flow

-$9.71M

No prior period
Net Income

-$9.71M

Previous: -$27.1M+64.1%
Operating Income

-$16M

Previous: -$12.6M-27.3%
Gross Profit

$555K

Previous: -$7.15M+107.8%
Cash & Equivalents

$93.8M

No prior period
Total Assets

$136M

No prior period
Stock-Based Comp

$7.2M

No prior period

Revenue & EPS history

NextNav · Revenue · Quarterly

$1.2M

Q1 2022+377.7%vs Q1 2021
Beat estimate in 3 of 11 quarters(27%)
ActualEstimate

Revenue by segment

NextNav · $995K total across 1 segment · Q1 2026

  • Commercial Services
    $995K

Historical earnings impact

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

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

+0.8%

Avg return

Earnings day

+1.0%

Avg return

5 days after

+2.2%

Avg return

30 days after

45%

10 / 22 earnings

Positive

+30.7%

Q1 2023

Best reaction

-19.1%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+5.5%+8.6%+2.2%
Q4 2025+12.9%+10.7%+35.3%
Q3 2025+6.0%+6.4%+34.3%
Q2 2025-10.2%-5.8%+2.7%
Q1 2025-5.7%-4.6%-14.9%
Q4 2024+9.1%+15.6%+17.8%
Q3 2024-5.0%+1.4%+12.8%
Q2 2024-7.3%-9.9%-12.9%
Q1 2024-6.1%-13.2%-13.3%
Q4 2023-19.1%-9.7%+41.4%
Q3 2023+0.8%-1.9%-18.5%
Q2 2023+12.8%+36.7%+29.9%
Q1 2023+30.7%+13.3%+25.2%
Q4 2022-14.0%-11.5%-1.0%
Q3 2022+8.7%+7.1%-11.9%
Q2 2022+15.7%+5.8%+17.4%
Q1 2022-2.9%-8.6%-54.3%
Q2 2021-6.8%-13.7%-12.2%
Q4 2021-6.8%-13.7%-12.2%
Q3 2021+0.2%+7.5%-20.8%
Q1 2021-0.5%+0.2%+0.7%
Q4 2020-0.4%+0.3%+0.5%
Q3 2020
Q2 2020
Q1 2020

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