For Q1 FY2026 ended March 31, 2026, NextNav Inc. reported revenue of $995,000, a 35.3% decrease year-over-year. Net loss was $10.6 million, improving 81.9% from the prior year. Operating loss was $19.3 million, worsening 13.8%. Diluted EPS was -$0.12, a 73.3% improvement. Cash stood at $30.6 million, equity was negative $90.0 million, and long-term debt was $267.2 million.
•Revenue fell 35.3% YoY to $995,000.
•Net loss improved 81.9% to $10.6 million.
•Operating loss widened 13.8% to $19.3 million.
•Cash and equivalents were $30.6 million; long-term debt was $267.2 million.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
NextNav provides positioning, navigation, and timing (PNT) solutions in the United States. The company offers Pinnacle, an accurate altitude service for public safety applications, including enhanced 911 for Verizon and national cellular network providers
TerraPoiNT, a 3D PNT system, provides positioning, navigation, and timing services provided by GPS through a land-based GPS satellite constellation. The company serves Wi-Fi, telecom, public safety, location apps, and critical infrastructure industries. Founded in 2007, the company is headquartered in Reston, Virginia.
What does NextNav Inc. do and what are its main products?
NextNav Inc. is a technology company that provides positioning, navigation, and timing (PNT) solutions in the United States. Its main products include Pinnacle, an accurate altitude service designed for public safety applications such as enhanced 911 for Verizon and other national cellular network providers, and TerraPoiNT, a 3D PNT system that delivers positioning, navigation, and timing services through a land-based GPS satellite constellation. These solutions serve various industries including Wi-Fi, telecom, public safety, location apps, and critical infrastructure.
On which stock exchange is NextNav listed and in what currency?
NextNav Inc. is listed on the Nasdaq Capital Market (NasdaqCM) under the ticker symbol NN. The company trades in US Dollars (USD), as it is headquartered in the United States and its primary operations are based there.
What sector and industry does NextNav operate in?
NextNav Inc. operates in the Technology sector and is classified under the Software - Infrastructure industry. This means the company develops software-based infrastructure solutions, specifically focusing on positioning, navigation, and timing technologies that support critical applications like public safety and telecommunications.
Where is NextNav headquartered and what markets does it serve?
NextNav Inc. is headquartered in Reston, Virginia, United States. The company primarily serves the U.S. market, providing its PNT solutions to industries such as Wi-Fi, telecom, public safety, location apps, and critical infrastructure. Its services are used by major cellular network providers, including Verizon, for enhanced 911 services.
How does NextNav generate revenue and what is its business model?
NextNav generates revenue by offering its PNT solutions, including Pinnacle and TerraPoiNT, to customers in various industries. The company provides accurate altitude and 3D positioning services through a land-based GPS satellite constellation, which complements traditional GPS. Its business model involves licensing or selling these services to telecom operators, public safety agencies, and other enterprises that require reliable positioning and timing for their operations.