In Q1 FY2027 (ended April 30, 2026), Navan reported revenue of $220.2 million, up 39.9% year-over-year. Net loss improved to $20.5 million from $61.3 million a year ago, a 66.5% reduction. Operating loss was $18.1 million, and diluted EPS was -$0.08, compared to -$1.33 in the prior year. The company held $518.4 million in cash, $1.24 billion in equity, and $124.5 million in long-term debt.
•Revenue grew 39.9% YoY to $220.2 million.
•Net loss narrowed 66.5% to $20.5 million.
•Operating loss was $18.1 million; diluted EPS improved to -$0.08.
•Cash and equity stood at $518.4 million and $1.24 billion, respectively.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Navan, Inc. operates an AI-powered software platform to simplify the travel and expense experience, benefiting users, customers, and suppliers. The company offers AI-powered travel, payments, and expense management solutions to streamline the travel lifecycle, from booking and policy enforcement to payment processing, expense reconciliation, and reporting. The company serves finance, human resources, travel managers, inventory, and markets.
Navan, Inc. was formerly known as TripActions, Inc. and changed its name to Navan, Inc. in February 2023. The company was incorporated in 2015 and is based in Palo Alto, California.
Navan, Inc. operates an AI-powered software platform that simplifies the travel and expense experience for users, customers, and suppliers. The company offers integrated solutions for travel, payments, and expense management, covering the entire travel lifecycle from booking and policy enforcement to payment processing, expense reconciliation, and reporting. Its platform serves finance, human resources, travel managers, inventory, and market professionals. By leveraging artificial intelligence, Navan aims to streamline corporate travel and expense processes, reducing manual work and improving compliance. The company was formerly known as TripActions, Inc. before rebranding to Navan in February 2023.
Where is Navan (NAVN) listed and what currency does it trade in?
Navan, Inc. is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol NAVN. The company trades in US Dollars (USD), reflecting its primary listing in the United States. As a Nasdaq-listed company, Navan is subject to the exchange's listing requirements and reporting standards. Investors can buy and sell shares of NAVN through brokerage accounts that offer access to US stock exchanges. The currency denomination in USD makes it accessible to both domestic and international investors who trade in US dollars.
What sector and industry does Navan (NAVN) operate in?
Navan, Inc. operates in the Technology sector, specifically within the Software - Application industry. This classification indicates that the company develops and provides software applications, in this case, an AI-powered platform for travel and expense management. As a software application company, Navan focuses on delivering cloud-based solutions that help businesses manage corporate travel and expenses more efficiently. The Technology sector encompasses companies that create hardware, software, and IT services, while the Software - Application industry includes firms that develop specialized software for various business functions. Navan's platform is a prime example of applied software in the corporate travel and expense domain.
Where is Navan (NAVN) headquartered and what markets does it serve?
Navan, Inc. is headquartered in Palo Alto, California, United States. The company serves a global customer base, with a focus on finance, human resources, travel managers, inventory, and market professionals. While its primary operations are based in the US, Navan's AI-powered platform is designed to support businesses worldwide in managing their travel and expense processes. The company's solutions cater to organizations of various sizes, helping them streamline travel booking, policy enforcement, payment processing, and expense reconciliation. Being based in Silicon Valley, Navan benefits from a rich ecosystem of technology talent and innovation.
How does Navan (NAVN) make money?
Navan, Inc. generates revenue through its AI-powered software platform that offers travel, payments, and expense management solutions. The company likely earns money via subscription fees from businesses that use its platform, as well as transaction-based fees from travel bookings and payment processing. By integrating travel booking, expense management, and corporate payments into a single platform, Navan provides value to finance and travel teams, which in turn drives adoption and recurring revenue. Additionally, the company may earn commissions from travel suppliers (e.g., airlines, hotels) when users book through its platform. The rebranding from TripActions to Navan in 2023 reflects a broader focus beyond just travel, encompassing expense and payment solutions as additional revenue streams.