Feed / NN

NextNav Inc.

NN

Technology · 15.21 +2.6% today

Isolated · not yet confirmedMarket checked 11 Sept, 15:55 GMT-4

Market read

NextNav Inc.'s current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 4 directly disclosed connections are confirming.

Company+2.6% todayVolume comparison unavailable
Market group0 of 1 activePositioning Navigation Timing · unavailable
Disclosed network0 of 4 confirmingNo filing-linked name is confirming now
What would change this read
  • NN's market-adjusted activity becomes unusual and at least one connected name confirms.

Invalidation: The isolated read changes if NN's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Technology · Software - Infrastructure

No new filing conclusion is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 4 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • NN's market-adjusted activity becomes unusual and at least one connected name confirms.

Company research

Understand the business, not just the ticker

As of Sep 12, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods6
Price observations328
Usable filing statements114
Verified relationships7
Evidence supporting the case

No qualifying supportive evidence was identified.

Evidence challenging the case
  • Latest annual revenue changed -19.3% year over year.
  • Operating margin changed -475.7 percentage points in the latest annual period.
  • Net margin changed -2341.4 percentage points in the latest annual period.
  • Diluted shares increased 9.4% in the latest annual period.
Questions before a position

No credible peer-relative valuation comparison is available yet.

Longer-term price context

Price as of Sep 11, 2026

15.21
6m-10.2%12m-7.8%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$763,000+34.1%$-6.73
2022-12-31$3.9M+414.5%$-0.40
2023-12-31$3.9M-1.6%$-0.66+6.9%
2024-12-31$5.7M+46.8%$-0.84+12.5%
2025-12-31$4.6M-19.3%$-1.42+9.4%

What management says matters

Persistent and emerging business drivers

Credit and interest ratesnegative · 5 filings
Three Months Ended Six Months Ended June 30, June 30, 2026 2025 2026 2025 Contractual interest expense $ 2,016 $ 2,375 $ 4,391 $ 2,481 Amortization of debt discounts 2,431 2,536 5,207 2,631 Interest expense – 2028 Notes $ 4,447 $ 4,911 $ 9,598 $ 5,112 Debt Co…
10-Q · Aug 11, 2026
Legal and regulatory exposurepositive · 4 filings
Three Months Ended Three Months Ended March 31, March 31, 2026 2025 Contractual interest expense $ 2,375 $ 106 Amortization of debt discounts 2,776 95 Interest expense – 2028 Notes $ 5,151 $ 201 Debt Covenant Compliance The obligations of the Company under th…
10-Q · May 14, 2026

Valuation discipline

Peer-relative valuation withheld

Jodie found no industry-matched filing peers suitable for a valuation comparison. It will not substitute broader financial-sector names.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

15.21+2.6% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for NN. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for NN. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind NN

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

TAT&T Inc.partnerMar 17, 2026

Our Pinnacle solution, launched in partnership with AT&T Services, Inc.

AMZNAmazon.com, Inc.supplierMar 17, 2026

We rely upon Amazon Web Services to operate our cloud platform and any disruption of or interference with our use of Amazon Web Services or the need for additional cloud support would adversely affect our business, results of operations and financial conditio…

TAT&T Inc.customerMay 14, 2026

We rely, in part, on AT&T for distribution of our services to FirstNet ® customers.

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 1 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

NN is currently a Leader in the organic co-movement group Positioning Navigation Timing. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for NN; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.