Filing Flows › Navan (NAVN) › Q1 FY27 › vs Q1 FY26
Navan (NAVN) Q1 FY27 vs Q1 FY26 (year over year)
Navan's revenue rose $62.8M (+40%) from $157M in Q1 FY26 to $220M in Q1 FY27. The biggest changes: Usage-based revenue +$59.0M (+41%); Subscription revenue +$3.8M (+26%).
Navan, Q1 FY27: revenue $220M (+40% year over year), operating margin -8.2%, net loss $20.5M, operating cash flow −$6.8M. The chart draws each line against Q1 FY26, the increases inside each band.
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Usage-based revenue | $202M | $143M | $59.0M | +41% |
| Subscription revenue | $18.1M | $14.3M | $3.8M | +26% |
| Revenue | $220M | $157M | $62.8M | +40% |
| Net loss | $20.5M | $61.3M | −$40.8M | -67% |
| Costs & expenses | $241M | $219M | $22.0M | +10% |
| Operating costs | $238M | $173M | $65.0M | +37% |
| Interest & other, net | $1.6M | $40.9M | −$39.3M | -96% |
| Income tax | $802K | $4.5M | −$3.7M | -82% |
| Cost of revenue | $57.2M | $45.7M | $11.5M | +25% |
| Research & development | $39.4M | $31.4M | $8.0M | +25% |
| Sales & marketing | $91.9M | $61.9M | $30.0M | +49% |
| General & admin | $49.9M | $34.4M | $15.4M | +45% |
| Operating cash sources | $49.8M | $18.6M | $31.2M | +167% |
| Depreciation & amortization | $5.7M | $5.9M | −$210K | -4% |
| Share-based compensation | $37.3M | $17.3M | $20.1M | +116% |
| Cash used in operations | $6.8M | −$4.6M | $11.3M | — |
| Net loss absorbed | $20.5M | $61.3M | −$40.8M | -67% |
| Working capital & other | $29.3M | −$42.6M | $71.9M | — |
Questions
How much did Navan's revenue grow year over year in Q1 FY27?
Navan's revenue rose $62.8M (+40%) from $157M in Q1 FY26 to $220M in Q1 FY27.
What drove Navan's revenue change in Q1 FY27?
Usage-based revenue +$59.0M (+41%); Subscription revenue +$3.8M (+26%).