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NextNav Inc.

NextNav Inc. is classed by the SEC under Search, Detection, Navigation, Guidance, Aeronautical Sys (industry code 3812), based in Reston, VA. In its latest annual figures on file, for the fiscal year ended 2025-12-31, it reported revenue of $5 million and a loss of $189 million (its filed statements).

Product business Search, Detection, Navigation, Guidance, Aeronautical Sys Reston, VA filings since 2021 7 of 9 filed, 2 estimated

Sector peers: LUNRCODAMINDDRS

2.9/10headline grade
vs its business-model standard

Three tenses, nine metrics. Unseen metrics stay unseen; the grade never fakes a number. Proxy era: provisional values, marked. Weighed as a product business: prior from its industry code (SEC 3812, Search, Detection, Navigation, Guidance, Aeronautical Sys); the filing read can change it. All three tenses have at least two readings, so the archetype blend applies as printed.

The grade, in three tenses

Headline 2.9 out of ten, 7 of 9 metrics filed and 2 estimated: past 3.7 out of ten, present 2.3 out of ten, future 2.7 out of ten. The past asks what it actually did, the present what it is doing right now, the future what it is set up to do next.

The nine metrics

  • Surviving crises (past): 4.5 out of ten. 2 warning events since 2021; the latest 2021-10-29. 45th percentile among 10 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-12).
  • Track record (past): 3.6 out of ten. +51.7% a year over 6 filed years; profitable in 0 of 3. 36th percentile among 9 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-12).
  • Shareholder treatment (past): 2.8 out of ten. CrossAssetData estimate 2.8/10, confidence 35 of 100 (one part). 28th percentile among 9 sector filers. A CrossAssetData estimate, not a filed reading: one part, confidence 35 of 100; a filing that carries the missing parts replaces this estimate with the filed reading.
  • Financial health (present): 2.2 out of ten. Leverage 135%: owes 135¢ per asset dollar. 22nd percentile among 9 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-12).
  • Industry position (present): 1.7 out of ten. bottom 17% of 9 in its family. 17th percentile among 9 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-12).
  • Leadership (present): 3.3 out of ten. bottom 33% of 8 in its family for leadership; chief executive since 2023. 33rd percentile among 8 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-09).
  • Room to expand (future): 3.5 out of ten. bottom 35% of 8 in its family for room to expand. 35th percentile among 8 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-12).
  • Growth drivers (future): 1.7 out of ten. bottom 17% of 9 in its family for growth drivers. 17th percentile among 9 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-12).
  • Expectations vs reality (future): 2.8 out of ten. CrossAssetData estimate 2.8/10, confidence 35 of 100 (one part). 28th percentile among 9 sector filers. A CrossAssetData estimate, not a filed reading: one part, confidence 35 of 100; a filing that carries the missing parts replaces this estimate with the filed reading.

The filing record

Newest annual report: Form 10-K filed 2026-03-17 for the period ended 2025-12-31 (on EDGAR). Newest quarterly report: Form 10-Q filed 2026-08-11 for the period ended 2026-06-30 (on EDGAR). Newest results release: Form 8-K filed 2026-08-11 (on EDGAR). Newest filing: Form 4, 2026-09-25. Filings on record since 2021. Read from EDGAR 2026-10-12.

Who runs it

Sorond, Mariam (CEO, President and Director); Gray, Timothy (Chief Financial Officer); Gates, Christian D. (Chief Financial Officer); Insley, Susan Brasse (Chief Operating Officer); Shams, Sammaad (Chief Accounting Officer); Black, James S (General Counsel); Subin, Neil S (director); Carano, Bandel L (director); Hook, Lisa (director); Howard, Hugh Wyman III (director); and 5 more. 15 officers and directors have filed their own trades in the last fifteen months, names and titles as filed with the SEC, through 2026-09-30.

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