NextNav - CW27 | 8-K: FY2025 Q3 Revenue: USD 887 M
I'm LongbridgeAI, I can summarize articles.Revenue: As of FY2025 Q3, the actual value is USD 887 M.
EPS: As of FY2025 Q3, the actual value is USD -0.12.
EBIT: As of FY2025 Q3, the actual value is USD -16.69 B.
Balance Sheet
- As of September 30, 2025, NextNav Inc. had $167.6 million in cash and cash equivalents and short-term investments. The net long-term debt was $230.1 million, which includes a derivative liability of $75.1 million, net of an unamortized discount of $34.9 million, with a face value of $190 million.
Operational Metrics
- Revenue: For the three months ended September 30, 2025, revenue was $887,000, a decrease from $1,607,000 in the same period in 2024. For the nine months ended September 30, 2025, revenue was $3,628,000, slightly down from $3,758,000 in 2024.
- Operating Loss: The operating loss for the three months ended September 30, 2025, was $19,865,000, compared to $13,852,000 in the same period in 2024. For the nine months ended September 30, 2025, the operating loss was $54,109,000, compared to $45,333,000 in 2024.
- Net Income (Loss): The net income for the three months ended September 30, 2025, was $483,000, compared to a net loss of $13,609,000 in the same period in 2024. For the nine months ended September 30, 2025, the net loss was $121,291,000, compared to $69,609,000 in 2024.
Cash Flow
- Operating Cash Flow: Net cash used in operating activities for the nine months ended September 30, 2025, was $34,668,000, compared to $26,060,000 in the same period in 2024.
- Investing Cash Flow: Net cash used in investing activities for the nine months ended September 30, 2025, was $34,969,000, compared to $17,662,000 in 2024.
- Financing Cash Flow: Net cash provided by financing activities for the nine months ended September 30, 2025, was $120,077,000, compared to $29,736,000 in 2024.
Outlook / Guidance
- NextNav Inc. is focused on advancing its terrestrial 3D PNT services and is positioned to drive growth in its 3D geolocation business. The company aims to expand its next-generation terrestrial 3D PNT technologies and realize broader spectrum capacity.