NextNav (NN) Revenue & Revenue Breakdown
NextNav Revenue Highlights
Latest Revenue (Y)
$3.86M
Latest Revenue (Q)
$1.05M
Main Segment (Y)
Commercial Services
NextNav Revenue by Period
NextNav Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $3.86M | -1.63% |
| 2022-12-31 | $3.93M | 414.55% |
| 2021-12-31 | $763.00K | 34.09% |
| 2020-12-31 | $569.00K | 246.95% |
| 2019-12-31 | $164.00K | - |
NextNav generated $3.86M in revenue during NA 2023, up -1.63% compared to the previous quarter, and up 0.00% compared to the same period a year ago.
NextNav Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $1.05M | -13.20% |
| 2023-12-31 | $1.21M | 17.33% |
| 2023-09-30 | $1.03M | 28.38% |
| 2023-06-30 | $800.00K | -3.61% |
| 2023-03-31 | $830.00K | 3.36% |
| 2022-12-31 | $803.00K | 59.64% |
| 2022-09-30 | $503.00K | -64.60% |
| 2022-06-30 | $1.42M | 18.52% |
| 2022-03-31 | $1.20M | 5895.00% |
| 2021-12-31 | $20.00K | -92.75% |
| 2021-09-30 | $276.00K | 27.78% |
| 2021-06-30 | $216.00K | -13.94% |
| 2021-03-31 | $251.00K | 136.79% |
| 2020-12-31 | $106.00K | -47.26% |
| 2020-09-30 | $201.00K | 53.44% |
| 2020-06-30 | $131.00K | - |
| 2020-03-31 | $131.00K | - |
NextNav generated $1.05M in revenue during Q1 2024, up -13.20% compared to the previous quarter, and up 130.26% compared to the same period a year ago.
NextNav Revenue Breakdown
NextNav Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 |
|---|---|---|
| Equipment Sales | $77.00K | $395.00K |
| Commercial Services | $3.77M | $3.50M |
NextNav's latest annual revenue breakdown by segment (product or service), as of Dec 23: Commercial Services (98.00%), and Equipment Sales (2.00%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 |
|---|---|---|---|---|---|---|---|---|
| Commercial Services | $1.04M | $1.20M | $945.00K | $795.00K | $825.00K | $529.00K | $488.00K | $1.30M |
| Equipment Sales | - | - | $77.00K | $266.00K | $8.00K | $112.00K | - | - |
NextNav's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Commercial Services (100.00%).
NextNav Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| EVTC | EVERTEC | $694.71B | $211.98B |
| CSGS | CSG Systems | $1.17B | $295.13M |
| NTCT | NetScout Systems | $829.46M | $174.56M |
| PRTH | Priority Technology | $755.61M | $205.72M |
| STER | Sterling Check | $719.64M | $200.53M |
| CCSI | Consensus Cloud Solutions | $362.56M | $87.50M |
| ESMT | EngageSmart | $303.92M | $97.73M |
| RPAY | Repay | $296.63M | $74.91M |
| OSPN | OneSpan | $235.11M | $60.92M |
| MLGO | MicroAlgo | $81.89M | $20.24M |
| NN | NextNav | $3.86M | $1.05M |
NN Revenue FAQ
What is NextNav’s yearly revenue?
NextNav's yearly revenue for 2023 was $3.86M, representing a decrease of -1.63% compared to 2022. The company's yearly revenue for 2022 was $3.93M, representing an increase of 414.55% compared to 2021. NN's yearly revenue for 2021 was $763K, representing an increase of 34.09% compared to 2020.
What is NextNav’s quarterly revenue?
NextNav's quarterly revenue for Q1 2024 was $1.05M, a -13.20% decrease from the previous quarter (Q4 2023), and a 26.02% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $1.2M, a 17.33% increase from the previous quarter (Q3 2023), and a 50.06% increase year-over-year (Q4 2022). NN's quarterly revenue for Q3 2023 was $1.03M, a 28.38% increase from the previous quarter (Q2 2023), and a 104.17% increase year-over-year (Q3 2022).
What is NextNav’s revenue growth rate?
NextNav's revenue growth rate for the last 3 years (2021-2023) was 406.16%, and for the last 5 years (2019-2023) was 2254.88%.
What are NextNav’s revenue streams?
NextNav's revenue streams in c 23 are Equipment Sales, and Commercial Services. Equipment Sales generated $77K in revenue, accounting 2.00% of the company's total revenue, down -80.51% year-over-year. Commercial Services generated $3.76M in revenue, accounting 98.00% of the company's total revenue, up 7.60% year-over-year.
What is NextNav’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of NextNav was Commercial Services. This segment made a revenue of $3.76M, representing 98.00% of the company's total revenue.