--- title: "NextNav | 8-K: FY2026 Q1 Revenue Beats Estimate at USD 995 K" type: "News" locale: "en" url: "https://longbridge.com/en/news/286462400.md" datetime: "2026-05-14T20:21:10.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286462400.md) - [en](https://longbridge.com/en/news/286462400.md) - [zh-HK](https://longbridge.com/zh-HK/news/286462400.md) --- # NextNav | 8-K: FY2026 Q1 Revenue Beats Estimate at USD 995 K Revenue: As of FY2026 Q1, the actual value is USD 995 K, beating the estimate of USD 943.5 K. EPS: As of FY2026 Q1, the actual value is USD -0.12, beating the estimate of USD -0.15. EBIT: As of FY2026 Q1, the actual value is USD -15.43 M. #### Overview NextNav Inc. reported cash and cash equivalents and short-term investments of $143 million as of March 31, 2026. The company’s net long-term debt was $267.2 million, including a derivative liability of $106.7 million and net of an unamortized discount of $29.5 million, with a face value of $190 million. #### Revenue Revenue for NextNav Inc. for the three months ended March 31, 2026, was $995 thousand, a decrease from $1,539 thousand for the same period in 2025. #### Operating Expenses Total operating expenses for the three months ended March 31, 2026, were $20,338 thousand, an increase from $18,543 thousand in the prior year period. Cost of goods sold (exclusive of depreciation and amortization) was $2,122 thousand in 2026, down from $2,533 thousand in 2025. Research and development expenses increased to $5,941 thousand in 2026 from $4,038 thousand in 2025. Selling, general and administrative expenses were $10,741 thousand in 2026, slightly up from $10,520 thousand in 2025. Depreciation and amortization expenses were $1,534 thousand in 2026, compared to $1,452 thousand in 2025. #### Operating Loss NextNav Inc. reported an operating loss of - $19,343 thousand for the three months ended March 31, 2026, which widened from an operating loss of - $17,004 thousand for the same period in 2025. #### Net Loss The net loss for the three months ended March 31, 2026, was - $10,621 thousand, an improvement from the net loss of - $58,579 thousand for the three months ended March 31, 2025. #### Cash Flow from Operating Activities Net cash used in operating activities for the three months ended March 31, 2026, was - $10,041 thousand, an improvement from - $12,179 thousand used in the same period of 2025. #### Cash and Cash Equivalents Cash and cash equivalents at the end of the period on March 31, 2026, totaled $30,598 thousand, a decrease from $44,757 thousand at December 31, 2025, and $150,422 thousand at March 31, 2025. #### Balance Sheet Highlights As of March 31, 2026, NextNav Inc.’s total current assets were $147,862 thousand, down from $157,411 thousand at December 31, 2025. Total assets were $235,644 thousand, down from $247,019 thousand. Total current liabilities were $14,102 thousand, up from $12,385 thousand. Total liabilities were $325,611 thousand, down from $333,254 thousand. Total stockholders’ equity (deficit) was - $89,967 thousand, compared to - $86,235 thousand at December 31, 2025. #### Operational Highlights NextNav Inc. joined the OCUDU Ecosystem Foundation on May 14, 2026, to advance open, secure, and interoperable Open RAN centralized unit and distributed unit (CU/DU) implementation. On May 5, 2026, the company announced a demonstration of 5G and RFID coexistence in the lower 900 MHz band. #### Outlook / Guidance The report does not contain specific forward-looking financial guidance or outlook. It only includes general statements about the ongoing FCC process and building momentum toward commercialization. ### Related Stocks - [NN.US](https://longbridge.com/en/quote/NN.US.md) ## Related News & Research - [NextNav Demonstrates Exceptional First-Ever Wireless Indoor Timing Solution for Critical Infrastructure | NN Stock News](https://longbridge.com/en/news/286967787.md) - [NextNav Joins OCUDU Ecosystem Foundation to Advance Open Source 5G and 6G Integrated Sensing and PNT](https://longbridge.com/en/news/286446243.md) - [The Home Depot Announces First Quarter Fiscal 2026 Results; Reaffirms Fiscal 2026 Guidance | HD Stock News](https://longbridge.com/en/news/286890512.md) - [ONWARD Medical to Announce First Quarter 2026 Results on May 26, 2026 | ONWRY Stock News](https://longbridge.com/en/news/286858298.md) - [INTOUCH INSIGHT ANNOUNCES Q1 2026 FINANCIAL RESULTS](https://longbridge.com/en/news/287124506.md)