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Mind Technology vs Nextnav: MIND and NN compared
Mind Technology is the larger company: $5.6M of revenue in its latest quarter (Q2 FY27) against $1.1M for Nextnav (Q2 2026). Nextnav is growing faster (-4% against -58% a year earlier).
Where the money goes: MIND and NN
Mind Technology (MIND) · Q2 FY27
Mind Technology, Q2 FY27: revenue $5.6M (-58% year over year), operating margin -31.9%, net loss $1.7M, operating cash flow −$1.8M. The chart follows the revenue to costs, profit and cash.
Nextnav (NN) · Q2 2026
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.
| Mind Technology (MIND) | Nextnav (NN) | |
|---|---|---|
| Latest quarter | Q2 FY27 | Q2 2026 |
| Revenue | $5.6M | $1.1M |
| Revenue growth, Y/Y | -58% | -4% |
| Operating margin | -31.9% | n/m |
| Net earnings | −$1.7M | −$33.8M |
| Net margin | -30.8% | — |
| Operating cash flow | −$1.8M | −$18.0M |
Where the revenue comes from
Nextnav
- Commercial: $1.1M (97%)
- Government contracts: $30K (3%)
Questions
Which is bigger, Mind Technology or Nextnav?
Mind Technology is the larger company: $5.6M of revenue in its latest quarter (Q2 FY27) against $1.1M for Nextnav (Q2 2026).
Is Mind Technology or Nextnav growing faster?
Nextnav is growing faster (-4% against -58% a year earlier).
More: Mind Technology earnings · how Mind Technology makes money · Nextnav earnings · how Nextnav makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Sep 9, 2026; 10-Q filed Aug 11, 2026). Fiscal quarters can end on different dates. Not investment advice.