NN NEXTNAV INC.

FY2025 10-K
Filed: Mar 17, 2026
Health Care
Search, Detection, Navigation, Guidance, Aeronautical SysSEC EDGAR

NEXTNAV INC. (NN) filed its fiscal year 2025 10-K annual report with the SEC on Mar 17, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business model: terrestrial complementary PNT solutions enhancing GPS resilience using low-band spectrum and ground-based transmitter networks
  • New emphasis on NextGen platform integrating PNT with 5G NR positioning reference signals for combined high-quality PNT and broadband services
+3 more insights

Management Discussion & Analysis

  • Revenue $12.3M, down 8% YoY from $13.4M in fiscal 2025
  • Gross margin 47.5% vs 50.2% in prior year, reflecting increased cost of sales
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Risk Factors

  • FCC regulatory risk from ongoing review of Petition for Rulemaking to optimize Lower 900 MHz band for 5G NR and PNT operations
  • Macroeconomic threat from delayed wireless carrier and government spending impacting project timing amid economic uncertainty and possible federal shutdowns
+3 more insights

Financial Summary
XBRL

Revenue

$5M

Net Income

-$189M

Operating Margin

-1535.8%

Net Margin

-4138.5%

ROE

219.5%

Total Assets

$247M

EPS (Diluted)

$-1.42

Operating Cash Flow

-$51M

Source: XBRL data from NEXTNAV INC. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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