Q2 FY2026 EarningsQ2 FY2026 results were mixed relative to consensus, with revenue of $1.15M beating the $0.90M estimate (+27.78%) while EPS GAAP of -$0.24 missed the -$0.155 consensus. The company significantly strengthened its balance sheet by eliminating all $190M in convertible debt and raising $169.5M from warrant exercises, ending the quarter with ~$298M in total liquidity. Strategic partnerships with Tiami Networks and Safran Electronics & Defense highlight progress in the terrestrial 3D PNT ecosystem despite ongoing operational losses.
Overview: NextNav(NN) the Revenue is 1.15 M (-4.33%), Beat estimate;the EBIT is -20.25 M (-17.45%), Miss estimate;the EPS is -0.24 (+50%), Miss estimate.