NASDAQ$NN

NextNav Inc · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

NextNav reported Q3 2025 total revenue of $0.9M with net income of $0.5M.

Third-quarter total revenue was $0.9 million, down from $1.6 million a year ago, as government and commercial service contracts shifted. The company reported net income of $0.5 million versus a loss in the prior-year quarter. Customer concentration remained high with one customer representing 89% of quarterly revenue.

  • Q3 total revenue $0.9M (-45% YoY).
  • Net income $0.5M vs net loss prior year.
  • Service revenue from government and commercial contracts.
  • Nine-month total revenue $3.6M.

Headline financials

Total Revenue

$887K

Previous: $1.61M-44.8%
EPS (adj)

$0.00

Previous: -$0.11+100.0%
Capital Expenditures

-$65K

Previous: -$182K+64.3%
Free Cash Flow

$418K

Previous: -$13.8M+103.0%
Net Income

$483K

Previous: -$13.6M+103.5%
Operating Income

-$19.9M

Previous: -$13.9M-43.4%
Gross Profit

-$1.15M

Previous: -$978K-18.0%

Revenue & EPS history

NextNav · Revenue · Quarterly

$887K

Q3 2025-44.8%vs Q3 2024
Beat estimate in 5 of 13 quarters(38%)
ActualEstimate

Revenue by segment

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

  • Commercial Services
    $995K

Forward guidance

The filing discusses NextNav's outlook for upcoming periods, including capital allocation, operating priorities, and market risks disclosed in the quarterly report.

Tailwinds

  • NextNav cites operational execution and demand trends supporting the outlook.
  • Balance sheet and capital actions aim to fund growth and shareholder returns.

Headwinds

  • Macro, pricing, and input-cost volatility could pressure margins.
  • Segment mix and one-time items may affect quarter-to-quarter comparability.
  • Cash burn and financing needs remain key until scale improves.

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 2025

Historical avgQ3 2025

+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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