# NAVAN, INC. (NAVN) · Edgar & Edgarette company card

> Navan (NAVN) grew revenue 30.8% in FY2026 to $702 million, operating margin -28.0% against a 0.9% median for prepackaged software, equity 70.7% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1639723 · fiscal year ended 2026-01-31 · 3 audited years read · [page](https://www.pops4.com/boards/company/NAVN) · [JSON](https://www.pops4.com/boards/company/NAVN.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $702M |
| Revenue growth, 1 year | 30.8% |
| Revenue growth per year | 32.1% |
| Operating margin | -28.0% (prior year -20.1%) |
| Net margin | -56.7% |
| Operating cash flow | $34M |
| Capital spending | $917,000 |
| Free cash flow | $33M |
| Cash | $584M |
| Long-term debt | $125M |
| Total assets | $1.7B |
| Total equity | $1.2B |
| Equity ÷ assets | 70.7% |
| Return on equity | -32.9% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: 1.7 (grey zone)
- Piotroski F: 5 of 9 (middling)
- Beneish M: -3.48 (below the −1.78 line)
- Health Harbor boat: Sound ship · one warning sign · operating loss: a margin of -28.0% in FY2026
- Cash Compass: In between · no clear cash pattern yet

## Edgarette's reading

Exposure: revenue $702.3M (FY2026), total debt $124.8M. Experience: revenue up 30.8% on the year, up 32.1% a year over 2 years; operating margin -28.0%, down from -20.1%. Soundness: equity 70.7% of assets, return on equity -32.9%. Credibility: 3 audited years, moderate weight. Range: 80% of past cases like this landed between $728.2M and $1.2B next year (method v3, set from 4,309 SEC company-years; on a year the method never saw, 83% landed inside). A statistical range, not company guidance. Against peers (140 filers, $50M+ revenue, services-prepackaged software): operating margin -28.0% against a 0.9% median; growth 30.8% against 13.0%.

Range logged 2026-09-20, receipt 59addf0fb3ed8eab, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 4, latest 2026-04-17 ([filing](https://www.sec.gov/Archives/edgar/data/1639723/000162828026025732/0001628280-26-025732-index.htm))

## Recent filings

- 8-K · filed 2026-10-09 · 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation · [filing](https://www.sec.gov/Archives/edgar/data/1639723/000162828026065496/0001628280-26-065496-index.htm)
- 10-Q · filed 2026-09-10 · [filing](https://www.sec.gov/Archives/edgar/data/1639723/000162828026061416/0001628280-26-061416-index.htm)
- 8-K · filed 2026-09-09 · 2.02 Results of Operations and Financial Condition; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1639723/000162828026061136/0001628280-26-061136-index.htm)
- 8-K · filed 2026-06-26 · 5.07 Submission of Matters to a Vote of Security Holders · [filing](https://www.sec.gov/Archives/edgar/data/1639723/000162828026045797/0001628280-26-045797-index.htm)
- 10-Q · filed 2026-06-11 · [filing](https://www.sec.gov/Archives/edgar/data/1639723/000162828026042552/0001628280-26-042552-index.htm)
- 8-K · filed 2026-06-10 · 2.02 Results of Operations and Financial Condition; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1639723/000162828026042206/0001628280-26-042206-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001639723.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1639723

## Cite

POPS4, Edgar & Edgarette: NAVAN, INC. (NAVN) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/NAVN. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.