Loading...
•
Jun 30, 2025
NextNav Q2 2025 Earnings Report
NextNav reported its financial results and operational updates for the second quarter of 2025, highlighting advancements in its positioning, navigation, and timing (PNT) and 3D geolocation solutions.
Key Takeaways
NextNav Inc. reported a revenue of $1.2 million for Q2 2025, an increase from the prior year, primarily driven by technology and services contracts. However, the company experienced a significant net loss of $63.2 million, largely due to a loss on change in the fair value of derivative liability and warrants. Operating loss also increased to $17.2 million.
Revenue for Q2 2025 increased to $1.2 million, up from $1.1 million in the prior year, driven by technology and services contracts.
Net loss for the quarter was $63.2 million, significantly higher than the $24.4 million net loss in the prior year, primarily due to a $39.5 million loss on change in fair value of derivative liability and warrants.
Operating loss for Q2 2025 was $17.2 million, an increase from $15.3 million in the prior year, mainly due to higher professional services, payroll, and consulting expenses.
The company reported $58.9 million in cash and cash equivalents and $117.2 million in short-term investments as of June 30, 2025.
Revenue by Segment
Forward Guidance
The report focuses on past performance and operational highlights, with no explicit forward-looking financial guidance provided for future quarters or the full year.
Positive Outlook
- FCC granted consent to assignment of Lower 900MHz licenses, enhancing spectrum position.
- Filed reply comments to FCC's Notice of Inquiry, advocating for terrestrial PNT solution.
- Presented implementation and deployment details of 5G-based PNT solution to FCC staff.
- CEO participated in an event focused on the urgent need for GPS resiliency.
- Filed supplemental technical study validating non-interference of 5G operations in Lower 900 MHz band.
Challenges Ahead
- No specific negative financial guidance was provided.
- No specific negative operational guidance was provided.
- The company did not provide any explicit financial outlook for the upcoming quarters.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...