NextNav Inc
NASDAQ:NN
Income Statement
Earnings Waterfall
NextNav Inc
Income Statement
NextNav Inc
| Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||
| Interest Expense |
11
|
12
|
18
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
1
N/A
|
1
+10%
|
1
-12%
|
2
+126%
|
3
+70%
|
3
+8%
|
4
+25%
|
4
-10%
|
3
-17%
|
3
+18%
|
4
+12%
|
4
+6%
|
4
+7%
|
5
+13%
|
6
+14%
|
6
+9%
|
6
+2%
|
6
-12%
|
|
| Gross Profit | |||||||||||||||||||
| Cost of Revenue |
(13)
|
(14)
|
(18)
|
(14)
|
(15)
|
(16)
|
(12)
|
(12)
|
(12)
|
(12)
|
(13)
|
(12)
|
(12)
|
(12)
|
(11)
|
(11)
|
(10)
|
(9)
|
|
| Gross Profit |
(13)
N/A
|
(13)
-6%
|
(18)
-32%
|
(12)
+30%
|
(12)
+3%
|
(12)
-5%
|
(8)
+37%
|
(8)
-5%
|
(9)
-9%
|
(9)
+1%
|
(9)
0%
|
(8)
+5%
|
(8)
+6%
|
(7)
+16%
|
(5)
+23%
|
(4)
+14%
|
(3)
+22%
|
(4)
-5%
|
|
| Operating Income | |||||||||||||||||||
| Operating Expenses |
(27)
|
(28)
|
(25)
|
(34)
|
(42)
|
(53)
|
(58)
|
(55)
|
(52)
|
(49)
|
(55)
|
(57)
|
(58)
|
(59)
|
(55)
|
(57)
|
(59)
|
(80)
|
|
| Selling, General & Administrative |
(16)
|
(16)
|
(14)
|
(20)
|
(27)
|
(34)
|
(37)
|
(34)
|
(30)
|
(26)
|
(30)
|
(33)
|
(34)
|
(36)
|
(34)
|
(36)
|
(38)
|
(40)
|
|
| Research & Development |
(10)
|
(10)
|
(9)
|
(11)
|
(13)
|
(15)
|
(17)
|
(18)
|
(18)
|
(19)
|
(20)
|
(20)
|
(19)
|
(17)
|
(16)
|
(16)
|
(16)
|
(18)
|
|
| Depreciation & Amortization |
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(8)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(14)
|
|
| Operating Income |
(40)
N/A
|
(41)
-4%
|
(42)
-3%
|
(46)
-8%
|
(54)
-18%
|
(65)
-20%
|
(66)
-1%
|
(63)
+3%
|
(61)
+3%
|
(58)
+5%
|
(64)
-9%
|
(66)
-3%
|
(66)
0%
|
(65)
+1%
|
(60)
+8%
|
(61)
-1%
|
(63)
-3%
|
(83)
-33%
|
|
| Pre-Tax Income | |||||||||||||||||||
| Interest Income Expense |
(11)
|
(12)
|
(18)
|
(15)
|
(12)
|
(8)
|
1
|
1
|
1
|
(1)
|
(4)
|
(6)
|
(8)
|
(9)
|
(10)
|
(35)
|
(66)
|
(48)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(14)
|
(14)
|
0
|
|
| Total Other Income |
(136)
|
(159)
|
(84)
|
(66)
|
(21)
|
(0)
|
24
|
15
|
(3)
|
(8)
|
(4)
|
(15)
|
(21)
|
(12)
|
(32)
|
(19)
|
(24)
|
(22)
|
|
| Pre-Tax Income |
(187)
N/A
|
(212)
-14%
|
(145)
+32%
|
(127)
+12%
|
(87)
+31%
|
(74)
+16%
|
(40)
+46%
|
(47)
-17%
|
(63)
-35%
|
(68)
-7%
|
(72)
-6%
|
(87)
-21%
|
(95)
-10%
|
(86)
+10%
|
(102)
-19%
|
(129)
-27%
|
(167)
-30%
|
(153)
+8%
|
|
| Net Income | |||||||||||||||||||
| Tax Provision |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
| Income from Continuing Operations |
(187)
|
(212)
|
(145)
|
(127)
|
(88)
|
(74)
|
(40)
|
(47)
|
(63)
|
(68)
|
(72)
|
(87)
|
(96)
|
(86)
|
(102)
|
(129)
|
(168)
|
(154)
|
|
| Net Income (Common) |
(217)
N/A
|
(235)
-8%
|
(159)
+32%
|
(133)
+16%
|
(88)
+34%
|
(74)
+16%
|
(40)
+46%
|
(47)
-17%
|
(63)
-36%
|
(68)
-7%
|
(72)
-6%
|
(87)
-21%
|
(96)
-10%
|
(86)
+10%
|
(102)
-18%
|
(129)
-26%
|
(168)
-30%
|
(154)
+8%
|
|
| EPS (Diluted) |
-2.25
N/A
|
-2.46
-9%
|
-1.66
+33%
|
-1.31
+21%
|
-0.85
+35%
|
-0.72
+15%
|
-0.4
+44%
|
-0.44
-10%
|
-0.6
-36%
|
-0.63
-5%
|
-0.66
-5%
|
-0.79
-20%
|
-0.82
-4%
|
-0.68
+17%
|
-0.84
-24%
|
-0.98
-17%
|
-1.28
-31%
|
-1.02
+20%
|
|