revenue $232.8M, net income -$29.1M. Navan posts 35% revenue growth, swings to non-GAAP profit, but faces IPO-related securities litigation

Filed September 10, 2026 · Period ending July 31, 2026 · ~1 min read

Key Changes

• high

  Subsequent event: In September 2026, the Company acquired BoomPop, a U.S.-based meetings and events company, in exchange for total consideration of up to $95.0 million in cash and shares of the Company's Class A common stock, subject t…

  Notes: Subsequent Events verify on EDGAR →
• high

  Revenue rose 37.5% to $232.8 million in Q2 and 38% to $453.0 million in H1, driven by higher booking and payment volume.

  MD&A: Revenue verify on EDGAR →
• high

  Non-GAAP net income swung to $13.7 million in Q2 from a $7.7 million loss a year earlier; H1 non-GAAP profit was $35.3 million.

  MD&A: Non-GAAP profitability verify on EDGAR →