Filing Flows › Nextnav (NN) › Q1 2026
Nextnav (NN) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 14, 2026
Nextnav (NN) reported revenue of $995K for the first quarter 2026 (Q1 2026), -35% from a year earlier and +5% from the quarter before.
Nextnav, Q1 2026: revenue $995K (-35% year over year), net loss $10.6M, operating cash flow −$10.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $995K | +5% | -35% |
| Operating profit | −$19.3M | — | — |
| Net earnings | −$10.6M | — | — |
| Operating cash flow | −$10.0M | — | — |
What changed
Revenue was $1.0M in Q1 2026, down 35% year over year and up 5% from the previous quarter.
Operating costs exceeded revenue by $19.3M, an operating margin of -1944.0%. Total costs grew 10% against a revenue fall of 35%. The fastest-growing cost line was Research & development (+47%). The quarter ended with a net loss of $10.6M, narrower than the previous quarter's $68.0M loss. Non-operating items added $8.8M, -83% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$10.0M. Non-cash charges added back $1.5M of depreciation and amortization and $5.1M of share-based compensation. Working capital and other items used $6.0M. Capital expenditures of $10K exceeded it, leaving free cash flow of −$10.1M.
Questions
What was Nextnav's revenue in the first quarter 2026?
Nextnav (NN) reported revenue of $995K for the first quarter 2026 (Q1 2026), -35% from a year earlier and +5% from the quarter before.
Source: Nextnav 10-Q on SEC EDGAR.