Navan, Inc. Class A Common Stock

NAVN · NASDAQ · Technology / Software - Application

25.42USD-0.77 (-2.96%)

Price History

Full chart

Market Stats

Previous Close26.20

Open26.25

Day Range25.37 – 26.48

52-Week Range8.11 – 30.88

Volume1.14M

Market Cap5.06B

P/E (TTM)0.00

Forward P/E93.46

EPS-3.87

Dividend Yield0.00%

50-Day Avg26.16

200-Day Avg18.39

About

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. It serves finance, human resources, travel managers, inventory, and other markets. It has partnership with OpenTable Partner for AI-Powered Business Travel Planning. 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.

Company Details

SectorTechnology
IndustrySoftware - Application
CEOMr. Ariel M. Cohen
Employees3.70K
Headquarters3045 Park Boulevard, Palo Alto, CA, United States, 94306, USA
Websitehttps://navan.com

Leadership

Mr. Ariel M. CohenCo-Founder, CEO & Chairman · b. 1976
Mr. Ilan TwigCo-Founder, CTO & Director · b. 1975
Mr. Michael SindicichPresident · b. 1993
Mr. Aurelien NolfCFO & Principal Accounting Officer · b. 1980
Mr. Ofer Ben-DavidChief Operating Officer · b. 1972

Financials

Income Statement

Currency: USD	2024-01-31	2025-01-31	2026-01-31
Total Revenue	402.26M	536.84M	702.26M
Growth (%)	-	+33.46%	+30.82%
Cost of Revenue	187.99M	194.40M	201.79M
Gross Profit	214.27M	342.43M	500.47M
Gross Margin	53.27%	63.79%	71.27%
Operating Expense	460.61M	450.07M	697.35M
Operating Income	-246.34M	-107.64M	-196.88M
Operating Margin	-61.24%	-20.05%	-28.03%
EBITDA	-235.98M	-70.62M	-284.38M
EBITDA Margin	-58.66%	-13.16%	-40.49%
Net Income	-331.55M	-181.08M	-398.03M
Net Income Margin	-82.42%	-33.73%	-56.68%
R&D	111.88M	102.80M	151.24M
R&D as % of Total Revenue	27.81%	19.15%	21.54%
Interest Expense	63.28M	76.00M	51.30M
Interest Expense % of Total Revenue	15.73%	14.16%	7.30%

Balance Sheet

Currency: USD	2024-01-31	2025-01-31	2026-01-31
Total Assets	1.07B	1.08B	1.71B
Total Liabilities	846.87M	965.93M	500.70M
Total Equity	219.15M	114.22M	1.21B
Cash	262.38M	305.83M	583.52M
Total Debt	573.85M	672.43M	174.35M
Net Debt	311.46M	366.60M	-409.16M

Cash Flow

Currency: USD	2024-01-31	2025-01-31	2026-01-31
Operating Cash Flow	-166.36M	-50.41M	33.67M
Investing Cash Flow	-108.78M	44.87M	-203.03M
Financing Cash Flow	212.62M	52.55M	519.92M
Capital Expenditure	561.00K	994.00K	18.91M
Free Cash Flow	-166.92M	-51.40M	14.76M
FCF to OCF	100.34%	101.97%	43.85%

Earnings

Report Date	Sep 19, 2025	Oct 1, 2025	Dec 15, 2025	Mar 25, 2026	Jun 10, 2026	Sep 9, 2026
EPS Estimate	0.00	0.00	-0.17	-0.11	-0.12	-0.12
EPS Actual	-2.15	-0.17	0.14	0.02	-0.06	-0.12
Surprise	-	-	182.35%	118.18%	50.00%	0.00%
Timing	-	-	After-hours	After-hours	After-hours	After-hours

Key Statistics & Ratios

Market Cap5.06B

Enterprise Value4.81B

Trailing P/E0.00

Forward P/E93.46

Price / Sales6.12

Price / Book4.15

EPS-3.87

Book Value5.06

Revenue (TTM)825.87M

Gross Profit (TTM)599.53M

EBITDA-161.02M

Profit Margin-42.11%

Operating Margin-11.69%

Return on Equity-49.39%

Return on Assets-8.67%

Shares Outstanding245.33M

Shares Float145.00M

Dividend Yield0.00%

Dividend Rate0.00

Payout Ratio0.00%

Ownership Breakdown

Institutions: 66.60%
Insiders: 20.55%
Retail / Other: 12.85%

Top Institutional Holders

Lightspeed Management Co LLC
41.70M16.04%
Cosmic Management, LLC
7.14M2.75%
NAPEAN TRADING AND INVESTMENT CO (SINGAPORE) PTE Ltd.
5.87M2.26%
Millennium Management LLC
4.30M1.65%
Capital Research & Mgmt Co - Division 3
3.60M1.39%
Wellington Management Company LLP
3.28M1.26%
BlackRock Inc
2.83M1.09%
Lord, Abbett & Co LLC
2.62M1.01%
Fuller & Thaler Asset Management Inc
2.38M0.92%
Alkeon Capital Management, LLC
2.19M0.84%
Vanguard Capital Management, LLC
1.57M0.61%
Vanguard Portfolio Management, LLC
1.54M0.59%

Top Fund Holders

American Funds SMALLCAP World A
3.50M1.35%
BIT Global Technology Leaders R-I
3.04M1.17%
iShares Russell 2000 ETF
2.67M1.03%
Vanguard MStar Total Stk Mkt Idx Invest
2.64M1.02%
Lord Abbett Developing Growth A
1.98M0.76%
Vanguard Small Cap Index
1.91M0.73%
Columbia Small Cap Growth Inst
1.79M0.69%
FullerThaler Behavioral Sm-Cp Gr R6
1.55M0.60%