Filing Flows › Comparisons › NN vs AERG
Nextnav vs Applied Energetics: NN and AERG compared
Nextnav is the larger company: $1.1M of revenue in its latest quarter (Q2 2026) against $62K for Applied Energetics (Q2 2026). Nextnav is growing faster (-4% against -12% a year earlier).
Where the money goes: NN and AERG
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.
Applied Energetics (AERG) · Q2 2026
Applied Energetics, Q2 2026: revenue $62K (-12% year over year), net loss $4.3M, operating cash flow −$2.8M. The chart follows the revenue to costs, profit and cash.
| Nextnav (NN) | Applied Energetics (AERG) | |
|---|---|---|
| Latest quarter | Q2 2026 | Q2 2026 |
| Revenue | $1.1M | $62K |
| Revenue growth, Y/Y | -4% | -12% |
| Operating margin | n/m | n/m |
| Net earnings | −$33.8M | −$4.3M |
| Operating cash flow | −$18.0M | −$2.8M |
Where the revenue comes from
Nextnav
- Commercial: $1.1M (97%)
- Government contracts: $30K (3%)
Questions
Which is bigger, Nextnav or Applied Energetics?
Nextnav is the larger company: $1.1M of revenue in its latest quarter (Q2 2026) against $62K for Applied Energetics (Q2 2026).
Is Nextnav or Applied Energetics growing faster?
Nextnav is growing faster (-4% against -12% a year earlier).
More: Nextnav earnings · how Nextnav makes money · Applied Energetics earnings · how Applied Energetics makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 11, 2026; 10-Q filed Aug 13, 2026). Fiscal quarters can end on different dates. Not investment advice.