Navan, Inc.
NAVNNasdaqTechnology · Services-Prepackaged Software · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY26 | FY25 | FY24 | |
|---|---|---|---|
| Revenue | $702.3M | $536.8M | $402.3M |
| Operating income | −$196.9M | −$107.6M | −$246.3M |
| Net income | −$398.0M | −$181.1M | −$331.6M |
| Total assets | $1.71B | $1.08B | — |
| Total liabilities | $500.7M | $969.7M | — |
| Equity | $1.21B | −$1.19B | −$1.08B |
| EPS (diluted) | $-4.07 | $-4.00 | $-7.44 |
| Shares out. | 97.8M | 45.8M | 44.6M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2026- Operating margin
- −28.0%
- Net margin
- −56.7%
- Return on equity
- −32.9%
- Return on assets
- −23.3%
- Return on capital (ROCE)
- −14.2%
- Liabilities / assets
- 29.3%
- Debt / equity
- 0.41×
- Book value / share
- $12.35
- Revenue growth (YoY)
- 30.8%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2026- Altman Z″ (distress)
- 1.70grey zone
- Accruals / assets
- −25.3%clean
- Beneish M-Score
- -3.49normal
- Piotroski F-Score
- 4/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 3 warning● 4 good- Operating losses (negative operating margin)
- Reported a net loss
- Altman Z″ in the grey zone
- Revenue is growing year-over-year
- Conservative leverage (liabilities < 50% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Twig Ilan EzraPassive (13G)Feb 17, 2026
- Greenoaks Capital Partners LlcPassive (13G)Feb 17, 2026
- Ah Parallel Fund V, L.P.Passive (13G)Feb 17, 2026
- Lightspeed Venture Partners X, L.P.Passive (13G)Feb 17, 2026
- Zeev OrenPassive (13G)Feb 12, 2026
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 4.1M | 1.1 | -31.0% |
| Apr 30, 2026 | 6.0M | 2.9 | -17.3% |
| Apr 15, 2026 | 7.2M | 2.3 | +7.2% |
| Mar 31, 2026 | 6.7M | 1.4 | -9.9% |
| Mar 13, 2026 | 7.5M | 5.6 | +34.9% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Director / officer changeApr 17, 2026
- Results of operations · Regulation FD disclosureMar 25, 2026
- Director / officer change · Regulation FD disclosureFeb 11, 2026
- Director / officer change · Regulation FD disclosureJan 28, 2026
- Results of operations · Director / officer changeDec 15, 2025
- Entered a material agreement · Amended charter or bylawsNov 3, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.