Navan (NAVN) Stock Jumps 23% After Hours — Here’s Why

URL has been copied successfully!

Navan Inc. (NASDAQ:NAVN) jumped 22.95% in after-hours trading on Wednesday to $11.25.

NAVN closed the regular session up 7.52% at $9.15, according to Benzinga Pro.

The stock move followed the California-based company’s fourth-quarter and full-year fiscal 2026 results for the period ended on Jan. 31, which were reported on Wednesday.

What Do The Q4 Results Say?

Navan reported the following fourth-quarter metrics, compared with the same quarter of the prior year:

Metric Q4 Current Year Prior-Year Q4
Revenue $178 million ~$132 million
Gross Booking Volume (GBV) $2.3 billion ~$1.6 billion
Non-GAAP gross margin 72% 68%
Non-GAAP net income / (loss) $5.2 million −$33 million

The company’s year-over-year revenue rose 35%, while its gross booking volume grew 42%.

Fiscal 2026 Full-Year Results

Full-year for the AI-powered business travel and expense management platform revenue rose 31% to $702 million. Non-GAAP operating income was $37 million, compared with a $25 …

Full story available on Benzinga.com

Please follow us:
Follow by Email
X (Twitter)
Whatsapp
LinkedIn
Copy link

This post was originally published here