NEXTNAV INC. (NN) Q3 2025 10-Q Quarterly Report

Filed: Nov 6, 2025Period ending Sep 30, 2025

Health Care

Search, Detection, Navigation, Guidance, Aeronautical SysSEC EDGAR

NEXTNAV INC. (NN) 10-Q quarterly report for Q3 2025, filed with SEC EDGAR on Nov 6, 2025 for the fiscal period ending Sep 30, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

NEXTNAV INC. Q3 2025 10-Q Analysis

Management Discussion & Analysis

• Revenue and YoY change not disclosed in provided text
• Profitability or margin data not included in provided text
• Segment or product line performance details not available
• No information on cash position, operating cash flow, or capital deployment
• No management commentary on outlook, guidance, or headwinds in text provided

Risk Factors

• New risk: Restrictions and default events in indenture for 5% Senior Secured Convertible Notes due 2028 may impair strategy execution or competition
• Most updated risk: Potential acceleration of 2028 Notes debt with 2% additional default interest impacts liquidity and could trigger bankruptcy
• Regulatory/legal risk: Mandatory repurchase obligations on asset sales including FCC-licensed spectrum under 2028 Notes indenture restrictions
• Operational/market risk: Dilution risk from exercise of 61.2M outstanding warrants from IPO, 2023 and 2025 debt financings affecting stock price
• Financial risk: Debt maturity and liquidity pressure from $2028 Notes with accelerated payment triggers and additional 0.5% interest for SEC filing delays

NEXTNAV INC. Q3 2025 Quarterly Financials
XBRL

Revenue

$887,000

▼ -44.8% YoY▼ -26.2% QoQ

Net Income

$483,000

▲ +103.5% YoY▲ +100.8% QoQ

Operating Margin

-2239.6%

▼ -137759bp YoY▼ -80530bp QoQ

Net Margin

54.5%

▲ +90131bp YoY▲ +531194bp QoQ

ROE

-2.2%

Total Assets

$263M

EPS (Diluted)

$0.00

▲ +100.0% YoY▲ +100.0% QoQ

Operating Cash Flow

-$9M

▼ -32.2% YoY▲ +33.7% QoQ

Source: XBRL data from NEXTNAV INC. Q3 2025 10-Q filing on SEC EDGAR. All figures in USD.

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