Navan, Inc. (NAVN) Stock: Price, Forecast & Analyst Target
Navan, Inc. (NAVN) — MoonshotScore 29/100 (Weak band), calculated Oct 4, 2026. Price $21.43 (-0.33%), as of the Oct 2, 2026 trading session; market cap $5.12B. Expected results Dec 15, 2026.
Educational signal · not a buy or sell recommendation · How to read this
Market value / cash and short-term investments: 5.63× (market value Oct 2, 2026; cash Jul 31, 2026) · expected results Dec 15, 2026
Navan, Inc. · NAVN · NASDAQ · Technology · Software - Application
Research dated 2026-09-13: Navan is an AI-powered software platform for corporate travel and expense management, helping organizations book travel, enforce policy, process payments, and reconcile expenses. The central question is whether the company can scale to profitability while competing with larger travel management companies and accounting software platforms.
Price as of Oct 2, 2026
Key Statistics
MoonshotScore v2 · Navan (NAVN)
WeakWhy this rating? Method, drivers & history
Bands for the MoonshotScore: Exceptional 80-100 · Strong 65-79 · Fair 45-64 · Weak below 45.
- Business Quality — Is this a genuinely good business?
- Financial Safety — Could this blow up on me?
- Valuation — Am I paying a fair price?
- Growth Durability — Is the growth real and likely to last?
- Momentum — Is the market already moving on this?
Durable growth, but weak quality and a full valuation; the market is already moving on it. Business Quality: Thin; Financial Safety: Sound; Valuation: Rich; Growth Durability: Growing; Momentum: Rising.
- quarterly revenue $220M (Q1 FY2026, quarter ended Apr 2026)
- EPS beat 3 of 4
- Altman Z 5.17 · Piotroski F 6
Holding back: weak fundamentals, a rich price
Helping: durable growth, positive momentum
What has the MoonshotScore done over time?
| Recorded | Score | Band |
|---|---|---|
| 29 | Weak | |
| 29 | Weak | |
| 28 | Weak | |
| 28 | Weak | |
| 29 | Weak | |
| 29 | Weak |
The score moved from 31 in the stored Oct 3, 2026 snapshot to 29 in the current publication computed Oct 4, 2026 (-2); the largest pillar moves were Momentum +5.
Calculation uses the most recent completed US trading session. Live price changes do not update the score immediately.
Computed · Educational signal · not a buy or sell recommendation · How the MoonshotScore is computed →
Price & valuation
| Measure | Value | As of |
|---|---|---|
| Latest provided price | $21.43 | |
| Change on the day | -0.33% | |
| 52-week range | $8.11 – $30.88 | |
| Market capitalisation | $5.12B | |
| Shares traded on the day | 2.62M | |
| Beta (volatility vs the S&P 500) | 1.1 |
Price & events
Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file or a dated event that is not a results report. Numbers key to the dated list. Point at or tab to any week for its close.
Events behind the price
- · Earnings results · above the recorded estimate
- · Earnings results · above the recorded estimate
- · Earnings results · below the recorded estimate
- · Earnings call · management outlook
- · Earnings results · above the recorded estimate
Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.
Upcoming events
Management outlook
This is one of the reasons that we are so confident to raise our guidance for the second time this year to 32% year-over-year.
Ariel Cohen · Statement from
Statement dates identify the earnings call, not a deadline. Management expectations and provider estimates can change.
Read management statementsOther perspectives
Council score for Navan (NAVN): perspectives
Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.
5-Factor Breakdown
Legends Council
6 lenses, 0 current
AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built
Read on: Sep 20, 2026 · older than the 27 hours refresh window; not a current reading
Munger's Mindset
Balance Sheet & Valuation · historical
Read on: Sep 9, 2026 · older than the 27 hours refresh window; not a current reading
How to read these bars and different assessments
Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.
Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.
On Sep 9, 2026, the Munger lens read the price at that time as fairly valued against its own estimate of value.
Readings on this page are from Oct 5, 2026, except a card that shows its own read date.
Watch the NAVN film — every key number, told as a short cinematic story
~2 min · open the film
What is Navan (NAVN), and what does it report?
Short answer · as of
Navan delivers an integrated platform for travel booking, payments, policy enforcement, expense tracking, and reporting.
Research dated 2026-09-13.
Navan delivers an integrated platform for travel booking, payments, policy enforcement, expense tracking, and reporting. Customers (finance departments, travel managers, HR) use the software to manage employee travel and business expenses. Revenue comes from platform subscriptions, transaction fees, and data services. The company was formerly TripActions and rebranded in recent years.
The operating model is software-as-a-service with high gross margins (typical of enterprise software) but elevated operating expenses for sales, marketing, and product development. The company shows positive gross margin but operating losses, a typical profile for growth-stage SaaS firms investing for market share and product expansion.
What do the latest results show for Navan (NAVN)?
Short answer · as of
The most recent reported quarter, Q1 FY2026, carried revenue of $220M.
Research dated 2026-09-13.
The most recent quarter showed a loss narrower than expected, with revenue beating analyst estimates. The gross margin is healthy and expanding, driven by better pricing, lower transaction costs from scale, and product mix shifting toward higher-margin subscription services. Operating leverage is improving as the company matures and slows spending growth relative to revenue growth.
Management raised guidance for the current year, citing strong customer demand and retention. This suggests the company is gaining confidence in the unit economics and ability to reach profitability without additional capital raises.
Where is operating spending going?
Revenue alongside research and development, selling, general and administrative expenses, and the FMP standardized operating result.
- Latest quarter · revenue
- $232.79M Jul 31, 2026
- Latest quarter · R&D
- $47.21M Jul 31, 2026
- Latest quarter · SG&A
- $153.00M Jul 31, 2026
- Latest quarter · FMP standardized operating result
- −$27.60M Jul 31, 2026
| Period end | Revenue | R&D | SG&A | FMP standardized operating result |
|---|---|---|---|---|
| Jul 31, 2026 | $232.79M | $47.21M | $153.00M | −$27.60M |
| Apr 30, 2026 | $220.23M | $39.40M | $141.77M | −$18.11M |
| Jan 31, 2026 | $177.92M | $35.28M | $180.00M | −$89.49M |
| Oct 31, 2025 | $194.93M | $51.20M | $165.90M | −$79.24M |
USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow.
Did results meet expectations?
Reported earnings and revenue alongside the estimates recorded by the provider.
- Latest report · revenue
- $232.79M Sep 9, 2026
- Latest report · revenue estimate
- $220.48M Sep 9, 2026
- Latest report · revenue vs estimate
- Above estimate Sep 9, 2026
- Latest report · EPS vs estimate
- Above estimate Sep 9, 2026
| Report date | Revenue · reported | Revenue · estimate | EPS · reported | EPS · estimate |
|---|---|---|---|---|
| Sep 9, 2026 | $232.79M | $220.48M | $0.0500 | $0.0410 |
| Aug 12, 2026 | $232.79M | $220.48M | −$0.1100 | $0.0410 |
| Mar 25, 2026 | $177.92M | $162.23M | $0.0200 | −$0.0600 |
| Dec 15, 2025 | $194.93M | $182.04M | $0.1400 | −$0.0770 |
Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.
Quarterly income statement — 4 quarters
| Period | Revenue | Net income | EPS |
|---|---|---|---|
| Q1 FY2026 | $220M | -$21M | -$0.08 (diluted) |
| Q4 FY2025 | $178M | -$73M | -$0.29 (diluted) |
| Q3 FY2025 | $195M | -$225M | -$4.58 (diluted) |
| Jul 2025 | $172M | -$39M | -$0.16 (diluted) |
What are the financial strengths and risks for Navan (NAVN)?
Short answer
Cash and short-term investments were $909.88M at the Jul 31, 2026 balance-sheet date. Operating cash flow was $25.19M for the quarter ended Jul 31, 2026, meaning operations generated cash. These figures do not establish a cash runway.
Research dated 2026-09-13.
The company holds substantial cash following its recent initial public offering, providing runway for years of operation even at current burn rates. The balance sheet is fortress-like relative to the stage of the company. Debt is minimal. Operating cash flow is recently positive, a major milestone for a pre-profitability SaaS company, indicating the business is approaching cash flow breakeven.
The main financial risk is that growth slows if enterprise customers cut travel spending during a recession or economic slowdown. Customer acquisition cost could also rise if competition intensifies or land-and-expand opportunities plateau.
How much cash does the business generate or use?
Quarterly operating cash flow shows cash generated or used by operations.
- Latest quarter · operating cash flow
- $25.19M Jul 31, 2026
- Previous quarter · operating cash flow
- −$6.80M Apr 30, 2026
| Period end | Operating cash flow | Capital expenditure (reported) |
|---|---|---|
| Jul 31, 2026 | $25.19M | $3.72M |
| Apr 30, 2026 | −$6.80M | −$100,000 |
| Jan 31, 2026 | $34.98M | −$5.25M |
| Oct 31, 2025 | −$6.09M | −$5.27M |
Operating cash-flow bars share one scale and show magnitude; negative values mean cash used.
USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway.
What should you watch next at Navan (NAVN)?
Short answer · as of
The next earnings report is expected on Dec 15, 2026. The number it tests is the $0.26 EPS analysts carry for it.
Research dated 2026-09-13.
The next earnings will show whether revenue growth accelerates or moderates from recent trends. Watch for any signs of sales cycle lengthening, customer churn acceleration, or margin pressure from competitive pricing. Also monitor whether the company raises guidance again or pulls back, which would signal confidence or concern.
The multi-year outlook depends on whether Navan can expand into verticals beyond travel (e.g., general employee expense management) and whether it can retain customers through a recession. Any significant slowdown in customer growth or acceleration of churn would pressure the growth narrative.
What management is planning
Management expectations, not completed milestones or guarantees. Selected verbatim excerpts; dates follow the transcript provider.
This is one of the reasons that we are so confident to raise our guidance for the second time this year to 32% year-over-year.
Ariel Cohen ·
How does Navan compare with its peers?
Short answer
Navan's score ranks 13th of 13 in the bounded comparison shown, against 12 same-model peers. These are company scores, not expected investment returns. The set lists named competitors first, then companies in the same data-provider industry classification closest in market value; that classification is the provider's, not our judgment of business similarity.
Research dated 2026-09-13.
Navan differs from traditional travel management companies (American Express, BCD) in that it is built on a modern technology platform and emphasizes self-service and data transparency. It differs from general expense management software (Concur, Expensify) in that it is travel-first with integrated booking and airline partnerships. This positioning gives it a wedge into enterprise spend management.
Competitive threats include larger travel platforms, accounting software giants, and specialized travel startups. Navan's advantage is its comprehensive platform, strong customer retention, and AI-driven recommendation engine.
| Company | Price | Market value | Score |
|---|---|---|---|
| $346.57 Oct 2, 2026 | $4.66B | 98 5-pillar Oct 4, 2026 | |
| $78.28 Oct 2, 2026 | $6.75B | 94 5-pillar Oct 4, 2026 | |
| $202.97 Oct 2, 2026 | $7.25B | 91 5-pillar Oct 4, 2026 | |
| $33.93 Oct 2, 2026 | $5.58B | 90 5-pillar Oct 4, 2026 | |
| $22.22 Oct 2, 2026 | $5.39B | 89 5-pillar Oct 4, 2026 | |
| $80.08 Oct 2, 2026 | $6.86B | 88 5-pillar Oct 4, 2026 | |
| $11.95 Oct 2, 2026 | $5.62B | 86 5-pillar Oct 4, 2026 | |
| $113.90 Oct 2, 2026 | $6.67B | 86 5-pillar Oct 4, 2026 | |
| $144.27 Oct 2, 2026 | $6.72B | 85 5-pillar Oct 4, 2026 | |
| $12.78 Oct 2, 2026 | $3.53B | 79 5-pillar Oct 4, 2026 | |
| $41.55 Oct 2, 2026 | $4.18B | 77 5-pillar Oct 4, 2026 | |
| $11.07 Oct 2, 2026 | $2.76B | 61 5-pillar Oct 4, 2026 | |
| Navan (NAVN) — this page | $21.43 | $5.12B | 29 |
Only 5-pillar scores are ranked together. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.
The records behind this page
Analyst targets & estimates
What analysts have on file
- Price target, low to high
- $26.00 – $35.00
- Consensus target
- $30.56
- Median target
- $30.00
- Revenue estimate
- $931.08M
- EPS estimate
- $0.26
Consensus record · Captured .
Measured against a quoted price of $21.43 (as of Oct 2, 2026).
Insider activity
Form 4 records via FMP · Of the newest 60 records, those within the last 180 days, newest dated Sep 21, 2026
- Transactions
- 3
- Identified insiders
- 3
- Purchases
- 0
- Sales
- 3
- Other transactions
- 0
Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.
Who holds the shares?
Institutional ownership reported through 13F filings.
- Institutional ownership
- 67.5% Period end Jun 30, 2026
- Previous quarter · ownership
- 59.8% Prior to period end Jun 30, 2026
- Reporting holders
- 218 Period end Jun 30, 2026
- Previous quarter · holders
- 155 Prior to period end Jun 30, 2026
| Holders in provider snapshot | Shares |
|---|---|
| Lightspeed Management Company, L.L.C. | 41,698,258 |
| Ah Capital Management, L.L.C. | 28,218,676 |
| Cosmic Management, LLC | 7,138,769 |
| Blackrock, INC. | 6,700,627 |
| Napean Trading & Investment Co (Singapore) Pte Ltd | 5,874,257 |
Quarterly filings lag the period end. Holder rows are names in the provider snapshot, not a verified ranking; individual filing dates are not supplied. Related managers may appear separately, so these positions are not summed. Holder snapshot as of Jun 30, 2026.
What has been published about Navan (NAVN)?
What Investors Ask About Navan (NAVN) — Technology
Research dated 2026-09-13; the answers below are from that research, and the full attribution is under Sources. The last 2 questions are answered from this page's own dated data, not from the research.
What is Navan's competitive advantage vs. Expensify or Concur?
Navan integrates travel booking, payments, and expense in a single platform, whereas Expensify and Concur focused historically on expense management and receipts. This integrated approach simplifies the workflow for employees and gives the company richer data on spending patterns. The AI-powered recommendations (e.g., cheaper flights, policy violations) are harder for legacy systems to replicate. The advantage is strongest for travel-heavy companies; it is less clear for companies primarily managing non-travel expenses.
How does the company make money and what are the unit economics?
Navan charges a monthly subscription per employee user, with pricing based on the number of employees and level of features. It also earns transaction fees on flights, hotels, and rental cars booked through the platform. Net margins on transactions depend on competitive dynamics and partnerships with travel providers. Unit economics (customer acquisition cost, lifetime value, payback period) are not disclosed but are implied to be positive by the recent positive operating cash flow and management's confidence in profitability.
What happens to Navan if business travel volumes decline in a recession?
Travel spending is discretionary and falls in recessions. This affects both subscription revenue (some customers may reduce employee counts or deactivate licenses) and transaction fees. The company could offset some of this with selling into new verticals or securing market share from weaker competitors, but headwinds would be significant. The magnitude of the risk depends on how correlated the customer base is with macroeconomic cycles and how much switching costs or customer lock-in protect against churn.
Is the company acquisition target or standalone?
Navan is well-capitalized and growing, so M&A is not forced. Larger software or travel companies could acquire it for the technology, customer base, and data. The combination with a larger expense management platform or travel agency could create synergies. Alternatively, Navan could use its cash to acquire smaller competitors or adjacenct tools. For now, the company seems committed to standalone growth and achieving profitability before any strategic transaction.
What is the NAVN stock price today?
The last price recorded on this page for Navan, Inc. (NAVN) is $21.43, as of the Oct 2, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.
What is the NAVN price target?
The analyst consensus price target for Navan, Inc. (NAVN) is $30.56 (range $26.00 to $35.00, median $30.00), per FMP data captured Oct 4, 2026. Targets are analyst opinions and change often; they are not a Stock Expert AI forecast.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Research written by Claude (claude-haiku-4-5) on 2026-09-13. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.
Sources — records for every figure on this page (85 figures)
The 85 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.
"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.
OFFICIAL — 2 facts from SEC filings and earnings calls
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
prod.outlook | Management outlook — call excerpts | Ariel Cohen (Sep 9, 2026): This is one of the reasons that we are so confident to raise our guidance for the second time this year to 32% year-over-year. | OFFICIAL | Company earnings call, transcript via Financial Modeling Prep (FMP) — Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording. | |
id.hq | SEC filing business address | 260 California Avenue, Floor 2, Palo Alto, CA, 94306 | OFFICIAL | SEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "3045 Park Boulevard, Palo Alto, CA, 94306, US". |
FMP — 73 facts from Financial Modeling Prep endpoint families
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
earn.next | Next earnings date | Dec 15, 2026 | FMP | Financial Modeling Prep (FMP) earnings calendar — The date is our provider's estimate until the company confirms it. | |
px.last | Latest provided price | $21.43 | FMP | Financial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-04T10:44:31.595Z. | |
px.change | Change on the day | -0.33% | FMP | Financial Modeling Prep (FMP) · quote | |
px.mcap | Market capitalisation | $5.12B | FMP | Financial Modeling Prep (FMP) · quote — Date unknown Market cap record date: 2026-10-02. FMP quote timestamp: 2026-10-02T20:00:00.000Z. Captured from FMP at 2026-10-04T10:44:30.501Z. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares. | |
px.change_abs | Change on the day, in dollars | −$0.07 | FMP | Financial Modeling Prep (FMP) · quote | |
fin.q_revenue | Revenue, Q1 FY2026 | $220M | FMP | Financial Modeling Prep (FMP) · income statement (quarterly) | |
px.volume | Shares traded on the day | 2.62M | FMP | Financial Modeling Prep (FMP) · quote | |
px.beta | Beta | 1.1 | FMP | Financial Modeling Prep (FMP) company profile | |
id.ceo | Chief executive | Ariel Cohen | FMP | Financial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it. | |
id.founder | Founder named in the filing | Ilan Twig — Co-Founder, Chief Technology Officer & Director | FMP | Financial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it. | |
id.employees | Employees | 3,700 | FMP | Financial Modeling Prep (FMP) employee count, from the company's filing | |
fin.annual | Revenue and net result by fiscal year | 3 fiscal years, FY2024 through FY2026: FY2024 revenue $402.26M, net result −$331.55M; FY2025 revenue $536.84M, net result −$181.08M; FY2026 revenue $702.27M, net result −$398.03M | FMP | Financial Modeling Prep (FMP), from the company's 10-K income statements | |
fin.rev_mix | Reported revenue segments | Subscription Revenue $61.87M | FMP | Financial Modeling Prep (FMP) revenue segmentation, from the company's 10-K | |
fin.gross_margin | Gross margin (trailing twelve months) | 72.6% | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero. | |
fin.q_table.depth.2026-07-31.revenue_k | Revenue — period end 2026-07-31 | $232.79M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-07-31.rd_k | R&D — period end 2026-07-31 | $47.21M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-07-31.sga_k | SG&A — period end 2026-07-31 | $153.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-07-31.operating_result_k | FMP standardized operating result — period end 2026-07-31 | −$27.60M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-04-30.revenue_k | Revenue — period end 2026-04-30 | $220.23M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-04-30.rd_k | R&D — period end 2026-04-30 | $39.40M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-04-30.sga_k | SG&A — period end 2026-04-30 | $141.77M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-04-30.operating_result_k | FMP standardized operating result — period end 2026-04-30 | −$18.11M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-01-31.revenue_k | Revenue — period end 2026-01-31 | $177.92M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-01-31.rd_k | R&D — period end 2026-01-31 | $35.28M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-01-31.sga_k | SG&A — period end 2026-01-31 | $180.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-01-31.operating_result_k | FMP standardized operating result — period end 2026-01-31 | −$89.49M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-10-31.revenue_k | Revenue — period end 2025-10-31 | $194.93M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-10-31.rd_k | R&D — period end 2025-10-31 | $51.20M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-10-31.sga_k | SG&A — period end 2025-10-31 | $165.90M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-10-31.operating_result_k | FMP standardized operating result — period end 2025-10-31 | −$79.24M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
earn.history.depth.2026-09-09.revenue_actual | Revenue · reported — report date 2026-09-09 | $232.79M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-09-09.revenue_estimated | Revenue · estimate — report date 2026-09-09 | $220.48M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-09-09.eps_actual | EPS · reported — report date 2026-09-09 | $0.0500 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-09-09.eps_estimated | EPS · estimate — report date 2026-09-09 | $0.0410 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-08-12.revenue_actual | Revenue · reported — report date 2026-08-12 | $232.79M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-08-12.revenue_estimated | Revenue · estimate — report date 2026-08-12 | $220.48M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-08-12.eps_actual | EPS · reported — report date 2026-08-12 | −$0.1100 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-08-12.eps_estimated | EPS · estimate — report date 2026-08-12 | $0.0410 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-03-25.revenue_actual | Revenue · reported — report date 2026-03-25 | $177.92M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-03-25.revenue_estimated | Revenue · estimate — report date 2026-03-25 | $162.23M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-03-25.eps_actual | EPS · reported — report date 2026-03-25 | $0.0200 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-03-25.eps_estimated | EPS · estimate — report date 2026-03-25 | −$0.0600 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-12-15.revenue_actual | Revenue · reported — report date 2025-12-15 | $194.93M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-12-15.revenue_estimated | Revenue · estimate — report date 2025-12-15 | $182.04M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-12-15.eps_actual | EPS · reported — report date 2025-12-15 | $0.1400 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-12-15.eps_estimated | EPS · estimate — report date 2025-12-15 | −$0.0770 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
fin.q_table | Quarterly income statement | 4 quarters through Q1 FY2026 | FMP | Financial Modeling Prep (FMP) · income statement (quarterly), as filed | |
fin.cash_investments | Cash and short-term investments | $909.88M | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. | |
fin.opcf_latest | Latest-quarter operating cash flow | $25.19M | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Period end: 2026-07-31. Negative operating cash flow means cash used. This figure is not a cash-runway estimate. | |
fin.long_term_investments | Long-term investments (classification unverified) | $5.60M | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | |
fin.total_debt | Total debt | $170.22M | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | |
fin.price_to_book | Price to book value | 4.18× | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero. | |
fin.opcf.depth.2026-07-31.operating_cash_flow_m | Operating cash flow — period end 2026-07-31 | $25.19M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-04-30.operating_cash_flow_m | Operating cash flow — period end 2026-04-30 | −$6.80M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-07-31.capex_m | Capital expenditure (reported) — period end 2026-07-31 | $3.72M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-04-30.capex_m | Capital expenditure (reported) — period end 2026-04-30 | −$100,000 | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-01-31.operating_cash_flow_m | Operating cash flow — period end 2026-01-31 | $34.98M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-01-31.capex_m | Capital expenditure (reported) — period end 2026-01-31 | −$5.25M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-10-31.operating_cash_flow_m | Operating cash flow — period end 2025-10-31 | −$6.09M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-10-31.capex_m | Capital expenditure (reported) — period end 2025-10-31 | −$5.27M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
earn.pt_range | Analyst price target, low to high | $26.00 – $35.00 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 4, 2026 · Coverage not supplied | |
earn.pt_consensus | Consensus analyst price target | $30.56 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 4, 2026 · Coverage not supplied | |
earn.pt_median | Median analyst price target | $30.00 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 4, 2026 · Coverage not supplied | |
own.insiders | Insider transactions via FMP | 3 transactions · 0 purchases, 3 sales, 0 other transactions · 3 identified insiders · of the newest 60 records, those within the last 180 days, newest dated Sep 21, 2026 | FMP | Financial Modeling Prep (FMP), carrying Form 4 transaction records — Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent. | |
own.institutions.depth.ownership_pct | Institutional ownership | 67.5% | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026 | |
own.institutions.depth.ownership_pct_previous_quarter | Previous quarter · ownership | 59.8% | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026 | |
own.institutions.depth.holders | Reporting holders | 218 | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026 | |
own.institutions.depth.holders_previous_quarter | Previous quarter · holders | 155 | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026 | |
own.top_holders.depth.holder_0.shares | Lightspeed Management Company, L.L.C. — shares in provider snapshot | 41,698,258 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_1.shares | Ah Capital Management, L.L.C. — shares in provider snapshot | 28,218,676 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_2.shares | Cosmic Management, LLC — shares in provider snapshot | 7,138,769 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_3.shares | Blackrock, INC. — shares in provider snapshot | 6,700,627 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_4.shares | Napean Trading & Investment Co (Singapore) Pte Ltd — shares in provider snapshot | 5,874,257 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. |
UNRECORDED — 5 facts from stored observations whose source was not recorded
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
earn.history | Reported versus estimated, recent quarters | EPS beat 3 of 4 | UNRECORDED | Stored earnings-history observation — Captured 2026-10-04 | |
fin.scores | Distress and quality screens | Altman Z 5.17 · Piotroski F 6 | UNRECORDED | Stored financial-scores observation — Captured 2026-10-03 · Expired observation | |
px.range52 | 52-week range | $8.11 – $30.88 | UNRECORDED | Stored company-profile observation — Captured 2026-10-04 | |
earn.est_eps | EPS estimate, FY2027 | $0.26 | UNRECORDED | Stored analyst estimates — Captured 2026-09-17 · Expired observation | |
earn.est_revenue | Revenue estimate, FY2027 | $931.08M | UNRECORDED | Stored analyst estimates — Captured 2026-09-17 · Expired observation |
COMPUTED — 3 facts from our arithmetic, formula restated
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
fin.mcap_to_cash | Market value per dollar of cash and short-term investments | 5.63× | — | COMPUTED | Computed on this page from the figures above — The market capitalisation printed on this page divided by cash and short-term investments of $909.88M at Jul 31, 2026. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. Market cap record date: 2026-10-02. Balance-sheet reference date: 2026-07-31. The inputs do not establish a single common source date for this ratio. |
earn.history.depth.2026-09-09.revenue_actual.comparison | Latest report · revenue vs estimate | Above estimate | Report date · | COMPUTED | Computed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($232.79M) with the recorded estimate ($220.48M) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns. |
earn.history.depth.2026-09-09.eps_actual.comparison | Latest report · EPS vs estimate | Above estimate | Report date · | COMPUTED | Computed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported EPS ($0.0500) with the recorded estimate ($0.0410) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns. |
OURS — 2 facts from Stock Expert AI's own score and rank
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
ours.moonshot | MoonshotScore v2 | 29 of 100 · Weak · pillars 30 / 66 / 27 / 72 / 70 | OURS | Stock Expert AI MoonshotScore v2 engine | |
ours.moonshot_change | MoonshotScore movement | 31 (stored snapshot Oct 3, 2026) → 29 (current publication computed Oct 4, 2026) (-2) | OURS | Stock Expert AI current score publication and immutable score snapshots |
Fact-family notes
- Quarterly statement note. Source series as of 2026-07-31. USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow. Applies to Fact IDs:
fin.q_table.depth.2026-07-31.revenue_k,fin.q_table.depth.2026-07-31.rd_k,fin.q_table.depth.2026-07-31.sga_k,fin.q_table.depth.2026-07-31.operating_result_k,fin.q_table.depth.2026-04-30.revenue_k,fin.q_table.depth.2026-04-30.rd_k,fin.q_table.depth.2026-04-30.sga_k,fin.q_table.depth.2026-04-30.operating_result_k,fin.q_table.depth.2026-01-31.revenue_k,fin.q_table.depth.2026-01-31.rd_k,fin.q_table.depth.2026-01-31.sga_k,fin.q_table.depth.2026-01-31.operating_result_k,fin.q_table.depth.2025-10-31.revenue_k,fin.q_table.depth.2025-10-31.rd_k,fin.q_table.depth.2025-10-31.sga_k,fin.q_table.depth.2025-10-31.operating_result_k. - Earnings-history note. Source series as of 2026-09-09. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs:
earn.history.depth.2026-09-09.revenue_actual,earn.history.depth.2026-09-09.revenue_estimated,earn.history.depth.2026-09-09.revenue_actual.comparison,earn.history.depth.2026-09-09.eps_actual.comparison,earn.history.depth.2026-09-09.eps_actual,earn.history.depth.2026-09-09.eps_estimated,earn.history.depth.2026-08-12.revenue_actual,earn.history.depth.2026-08-12.revenue_estimated,earn.history.depth.2026-08-12.eps_actual,earn.history.depth.2026-08-12.eps_estimated,earn.history.depth.2026-03-25.revenue_actual,earn.history.depth.2026-03-25.revenue_estimated,earn.history.depth.2026-03-25.eps_actual,earn.history.depth.2026-03-25.eps_estimated,earn.history.depth.2025-12-15.revenue_actual,earn.history.depth.2025-12-15.revenue_estimated,earn.history.depth.2025-12-15.eps_actual,earn.history.depth.2025-12-15.eps_estimated. - Cash-flow note. Source series as of 2026-07-31. USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway. Applies to Fact IDs:
fin.opcf.depth.2026-07-31.operating_cash_flow_m,fin.opcf.depth.2026-04-30.operating_cash_flow_m,fin.opcf.depth.2026-07-31.capex_m,fin.opcf.depth.2026-04-30.capex_m,fin.opcf.depth.2026-01-31.operating_cash_flow_m,fin.opcf.depth.2026-01-31.capex_m,fin.opcf.depth.2025-10-31.operating_cash_flow_m,fin.opcf.depth.2025-10-31.capex_m.
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Sources used for research written 2026-09-13
Historical evidence preserved with this analysis. Current figures are listed separately above.
| Evidence | Captured value | Source date | Source type | Source |
|---|---|---|---|---|
| Business description | Navan, Inc. delivers an innovative, AI-powered software platform engineered to simplify the complex landscape of corporate travel and expense management. This advanced system offers comprehensive solutions for travel booking, payments, and expense tracking, benefiting individual users, client organizations, and their vendors alike. It meticulously streamlines the entire business travel process, from initial reservations and policy enforcement through payment handling, expense reconciliation, and final reporting. Navan's services cater to a wide array of markets and departments, including finance, human resources, travel managers, and inventory management. The company, which was established in 2015 and is headquartered in Palo Alto, California, was formerly known as TripActions, Inc., officially rebranding to Navan, Inc. in February 2023. | 2026-09-13 | FMP | Financial Modeling Prep (FMP) company profile |
| Sector / industry (provider taxonomy) | Technology / Software - Application The company's SEC filings classify it under SIC 7372 — Services-Prepackaged Software. | 2026-09-13 | FMP | Financial Modeling Prep (FMP) company profile |
| Annual revenue and net result (USD millions) | Captured record · 3 entries
| 2026-01-31 | FMP | Financial Modeling Prep (FMP), from the company's 10-K income statements |
| Reported versus estimated, last 4 quarters | Captured record · 4 entries
| 2026-09-09 | FMP | Financial Modeling Prep (FMP) earnings |
| Quarterly income statement (USD thousands) | Captured record · 8 entries
| 2026-07-31 | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements |
| Cash, investments and debt | Total debt: $170.22M; Liquidity basis: cash and short-term investments; Total liabilities: $495.41M; Cash and short-term investments: $909.88M; Cash and investments: $915.50M; Long-term investments: $5.60M; Long-term investments classification: unclassified Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | 2026-07-31 | FMP | Financial Modeling Prep (FMP), from the company's balance sheet |
| Operating cash flow by quarter (USD millions) | Captured record · 8 entries
| 2026-07-31 | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements |
| Institutional ownership (13F) | Holders: 218; Quarter: 2026-06-30; Ownership: 67.5%; Holders previous quarter: 155; Ownership previous quarter: 59.8 13F filings are quarterly and lag the quarter end by up to 45 days. | 2026-06-30 | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings |
| Next earnings report | Date: 2026-09-30; EPS estimate: $0.04103 per share; Revenue estimate: $220.48M The date is our provider's estimate until the company confirms it. | 2026-09-13 | FMP | Financial Modeling Prep (FMP) earnings calendar |
| Analyst revenue and earnings estimates (average) | Captured record · 4 entries
| 2026-09-13 | FMP | Financial Modeling Prep (FMP) analyst estimates |
| Analyst actions, most recent per firm | Captured record · 10 entries
One row per firm — the firm's most recent action in our feed. Other data vendors may carry firms ours does not. | 2026-09-10 | FMP | Financial Modeling Prep (FMP) analyst grades |
| Trailing twelve-month ratio set | Quick ratio: 4.33; Current ratio: 4.33; Debt to equity: 0.13; Net margin: -42.1%; Gross margin: 72.6%; Operating margin: -26%; Return on assets: -19.2%; Return on equity: -27.9% Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. A ratio our provider could not compute is absent rather than shown as zero. | 2026-09-13 | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm |
| Revenue by segment | Subscription Revenue: $61.87M | 2026-01-31 | FMP | Financial Modeling Prep (FMP) revenue segmentation, from the company's 10-K |
| Named officers | CEO: Ariel Cohen; Officers: Howard Baik — Title: General Counsel & Secretary; Ofer Ben-David — Title: Chief Operating Officer, Born: 1972; Yoad Shraybom — Title: Chief Executive Officer of Growth; Ilan Twig — Title: Co-Founder, Chief Technology Officer & Director, Pay: $1.01M, Born: 1975; Michael Sindicich — Title: President, Pay: $750,252, Born: 1993; Ryan Burkart — Title: Vice President of Investor Relations; Erika White — Title: Chief Marketing Officer; Ariel Cohen — Title: Co-Founder, Chief Executive Officer & Chairman, Pay: $1.36M, Born: 1976 Titles and pay come from the company's proxy statement as our provider parsed it. | 2026-09-13 | FMP | Financial Modeling Prep (FMP) key executives (proxy-derived) |
Data provided for informational purposes only.