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
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2026 | −56.7% | −28.0% | 71.3% |
| FY2025 | n/a | n/a | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating 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 FY26 | n/a | n/a | n/a | |
| Q4 FY25 | n/a | n/a | n/a | |
| Q3 FY25 | n/a | n/a | n/a |
Against its peers
Companies in Software - Infrastructure nearest Navan's size, closest first, today.
| Company | Profit margin |
|---|---|
| NAVNNavan | −42.1% |
| CVLTCommvault Systems | 5.6% |
| OTEXOpen Text | 12.3% |
| PATHUiPath | 21.0% |
| APPFAppfolio | 15.1% |
| QLYSQualys | 29.4% |
| YOUClear Secure | 14.8% |
| SAICScience Applications International | 5.1% |
| BOXBox | 10.6% |
| DBXDropbox | 17.5% |
| ACIWACI Worldwide | 12.4% |
| Peer median | 13.6% |
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.