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Nextnav (NN) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 11, 2026

Nextnav (NN) reported revenue of $1.1M for the second quarter 2026 (Q2 2026), -4% from a year earlier and +16% from the quarter before.

Revenue$1.1M
Year over year-4%
Quarter over quarter+16%
Operating margin—
Net earnings−$33.8M

Nextnav, Q2 2026: revenue $1.1M (-4% year over year), net loss $33.8M, operating cash flow −$18.0M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$1.1M+16%-4%
Operating profit−$20.2M——
Net earnings−$33.8M——
Operating cash flow−$18.0M——

What changed

Revenue was $1.1M in Q2 2026, down 4% year over year and up 16% from the previous quarter. Commercial was the largest line at 97% of revenue. Government contracts lost $156K year over year (down 84%), 300% of the total change.

Operating costs exceeded revenue by $20.2M, an operating margin of -1760.8%. Total costs grew 16% against a revenue fall of 4%. The fastest-growing cost line was SG&A (+23%). The quarter ended with a net loss of $33.8M, wider than the previous quarter's $10.6M loss.

Operating cash flow was −$18.0M. Non-cash charges added back $1.3M of depreciation and amortization and $5.9M of share-based compensation. Working capital and other items added $8.6M. Capital expenditures of $5K exceeded it, leaving free cash flow of −$18.0M.

Questions

What was Nextnav's revenue in the second quarter 2026?

Nextnav (NN) reported revenue of $1.1M for the second quarter 2026 (Q2 2026), -4% from a year earlier and +16% from the quarter before.

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Source: Nextnav 10-Q on SEC EDGAR.