Financials in USD. Standardized financial statements.
A compact view of how Navan, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Revenue? | $702.26M | $536.84M | $402.26M |
| Revenue Growth? | +30.8% | +33.5% | 0.0% |
| Cost of Revenue? | $201.79M | $194.40M | $187.99M |
| Gross Profit? | $500.47M | $342.43M | $214.27M |
| Gross Margin? | +71.3% | +63.8% | +53.3% |
| Operating Expenses? | $697.35M | $450.07M | $460.61M |
| Operating Income? | -$196.88M | -$107.64M | -$246.34M |
| EBITDA? | -$284.38M | -$70.62M | -$235.98M |
| Income Before Tax | -$395.92M | -$171.51M | -$326.12M |
| Income Tax Expense | $2.11M | $9.57M | $5.43M |
| Net Income? | -$398.03M | -$181.08M | -$331.55M |
| EPS? | $-4.07 | $-0.73 | $-1.34 |
| Diluted EPS? | $-4.07 | $-0.73 | $-1.34 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality