NASDAQ$NN
NextNav Inc · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
NextNav's Q3 2023 performance reflected increased revenue and continued focus on technological advancements.
NextNav reported Q3 2023 revenue of $1.0 million, up from $503,000 in the prior year period, driven by increased recurring service revenue. The company's operating loss was $14.6 million, and net loss was $23.2 million. Key activities included deploying a 5G test network in the Bay Area and signing a contract to support government GPS/PNT efforts.
- Revenue increased to $1.0 million, compared to $503,000 in the prior year period.
- Operating loss decreased to $14.6 million, compared to $17.9 million in the prior year period.
- Net loss increased to $23.2 million, compared to $18.7 million in the prior year period.
- Signed a new contract to support the federal government’s resilient GPS/PNT efforts.
Headline financials
Revenue & EPS history
NextNav · Revenue · Quarterly
$1.03M
Revenue by segment
NextNav · $995K total across 1 segment · Q1 2026
- Commercial Services$995K—100.0%
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 Q3 2023
+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
| Quarter | Report date | Reaction (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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