Navan, Inc. (NAVN) Stock

About Navan, Inc.

Navan, Inc. is led by CEO Ariel Cohen, employs 3,700 people, headquartered in Palo Alto, US, publicly traded since 2025.

Navan, Inc. (NAVN) stock trades at $26.96 with a market capitalization of $6.61B. The stock is valued at a negative price-to-earnings (P/E) ratio of -4.15, reflecting a net loss over the last twelve months, price-to-book of 4.09, price-to-sales of 6.07. Over the past 52 weeks the stock has ranged between $8.11 and $30.88, and currently trades 12.7% below its 52-week high.

On profitability, Navan, Inc. generates a return on equity (ROE) of -27.94% (negative, reflecting a net loss), return on capital employed of -14.39%, an operating margin of -45.71%, a net profit margin of -42.11%.

Navan, Inc. by the numbers, 2023–2025

Between 2023 and 2025 Navan, Inc. reported revenue of $402.0M rising to $702.0M, a change of +74.6% across 3 years. Compounded, revenue has grown —% a year over five years, —% over three, 30.7% over the last twelve months. Net profit fell to $-398.0M.

Operating margin went from -61.2% in 2023 to -28.0% in 2025, a gain of 33.2 percentage points. The most recent net margin is -42.11%. On a trailing twelve-month basis to Jun '26, revenue is $826.0M and net profit $-348.0M.

Borrowings fell from $574.0M to $174.0M, cash from operations was $34.0M in the latest year, positive in 1 of the last 3.

Return on equity has averaged -114.4% over five years, and was -33.0% in the most recent year.

The share price itself has compounded at —% a year over five years, —% over three, —% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Navan, Inc. (NAVN) — frequently asked questions