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NextNav (NN) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

NextNav Revenue Highlights

Latest Revenue (Y)

$3.86M

Latest Revenue (Q)

$1.10M

Main Segment (Y)

Commercial Services

NextNav Revenue by Period

NextNav Revenue by Year

DateRevenueChange
2023-12-31$3.86M-1.63%
2022-12-31$3.93M414.55%
2021-12-31$763.00K34.09%
2020-12-31$569.00K246.95%
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

DateRevenueChange
2024-06-30$1.10M5.64%
2024-03-31$1.05M-13.20%
2023-12-31$1.21M17.33%
2023-09-30$1.03M28.38%
2023-06-30$800.00K-3.61%
2023-03-31$830.00K3.36%
2022-12-31$803.00K59.64%
2022-09-30$503.00K-64.60%
2022-06-30$1.42M18.52%
2022-03-31$1.20M5895.00%
2021-12-31$20.00K-92.75%
2021-09-30$276.00K27.78%
2021-06-30$216.00K-13.94%
2021-03-31$251.00K136.79%
2020-12-31$106.00K-47.26%
2020-09-30$201.00K53.44%
2020-06-30$131.00K-
2020-03-31$131.00K-

NextNav generated $1.10M in revenue during Q2 2024, up 5.64% compared to the previous quarter, and up 133.13% compared to the same period a year ago.

NextNav Revenue Breakdown

NextNav Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 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/ServiceSep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22
Commercial Services$1.08M$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 Sep 24: Commercial Services (100.00%).

NextNav Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
EVTCEVERTEC$694.71B$628.67B
CSGSCSG Systems$1.17B$295.14M
NTCTNetScout Systems$829.46M$191.11M
PRTHPriority Technology$755.61M$219.87M
CCSIConsensus Cloud Solutions$362.56M$87.75M
RPAYRepay$296.63M$79.14M
OSPNOneSpan$235.11M$56.24M
MLGOMicroAlgo$81.89M$20.24M
NNNextNav$3.86M$1.10M

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 Q2 2024 was $1.1M, a 5.64% increase from the previous quarter (Q1 2024), and a 38.12% increase year-over-year (Q2 2023). The company'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). NN'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).

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.