Superworth

Navan profit margin NAVN

Gross, operating and net profit as a share of revenue over the last twelve months, from 2025.

Net margin, 12 months
−42.1%
Operating margin, 12 months
−25.7%
Net margin on a year earlier
−11.3 pts
Peer median
13.6%

Over the twelve months to Jul 31, 2026, Navan kept −42.1% of its revenue as net profit, with an operating margin of −25.7% and a gross margin of 72.5%.

The median for 10 infrastructure software stocks of a similar size is 13.6%.

Profit margin over time

GrossOperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating marginGross margin
FY2026−56.7%−28.0%71.3%
FY2025n/an/an/a

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q2 FY27−42.1%−11.3 pts−25.7%
Q1 FY27−46.7%n/a−26.0%
Q4 FY26−56.7%n/a−28.0%
Q3 FY26−56.7%n/a−21.4%
Q2 FY26−30.8%n/a−13.1%
Q1 FY26n/an/an/a
Q4 FY25n/an/an/a
Q3 FY25n/an/an/a

Against its peers

Companies in Software - Infrastructure nearest Navan's size, closest first, today.

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Navan

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.