NASDAQ$NN

NextNav Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

NextNav extended its leadership in 3D geolocation with new partnerships and delivered $1.4 million in revenue.

NextNav reported a revenue of $1.4 million, driven by the adoption of its technology and services. The company signed strategic partnerships in public safety and a commercial agreement with MetCom in Japan. There is also increasing activity from the U.S. government to advance initiatives towards PNT resilience.

  • Revenue was $1.4 million, an increase compared to the prior year period.
  • Signed commercial agreement with MetCom for nationwide expansion of Pinnacle service in Japan.
  • Signed several new partnerships in the public safety arena.
  • Net Income was $0.8 million, including a gain of $17.8 million related to the change in fair value of warrants.

Headline financials

Total Revenue

$1.42M

Previous: $216K+557.9%
EPS (adj)

$0.01

Previous: -$10.87+100.1%
Capital Expenditures

-$634K

Previous: $888K-171.4%
Free Cash Flow

$193K

Previous: -$22.5M+100.9%
Net Income

$827K

Previous: -$39M+102.1%
Operating Income

-$17M

Previous: -$8.64M-97.0%
Gross Profit

$1.42M

Previous: -$1.99M+171.6%
Cash & Equivalents

$82.5M

Previous: $7.74M+966.0%
Total Assets

$124M

No prior period
Stock-Based Comp

$6.76M

Previous: $688K+883.0%

Revenue & EPS history

NextNav · Revenue · Quarterly

$1.42M

Q2 2022+557.9%vs Q2 2021
Beat estimate in 3 of 11 quarters(27%)
ActualEstimate

Revenue by segment

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

  • Commercial Services
    $995K

Forward guidance

NextNav expects to be an integral part of the government’s resilient PNT strategy, thereby generating shareholder value over the long term.

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 Q2 2022

Historical avgQ2 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%
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%
Q4 2021-6.8%-13.7%-12.2%
Q2 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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