Navan, Inc.
NAVNUSNavan, Inc. delivers an innovative, AI-powered software platform engineered to simplify the complex landscape of corporate travel and expense management. This advanced system offers comprehensive solutions for travel booking, payments, and expense tracking, benefiting individual users, client organizations, and their vendors alike. It meticulously streamlines the entire business travel process, from initial reservations and policy enforcement through payment handling, expense reconciliation, and final reporting. Navan's services cater to a wide array of markets and departments, including finance, human resources, travel managers, and inventory management. The company, which was established in 2015 and is headquartered in Palo Alto, California, was formerly known as TripActions, Inc., officially rebranding to Navan, Inc. in February 2023.
Enterprise value over trailing (LTM) vs. forward (NTM) fundamentals. Click an LTM cell to chart it.
- Sector
- Application Software
- Sub-sector
- Finance, ERP & Procurement Applications
- Listing
- NAVN
- Country
- US
Annual financials & analyst forecasts
| $M | CY2023 | CY2024 | CY2025 | CY2026E | CY2027E |
|---|---|---|---|---|---|
| Revenue YoY | — | 33% | 31% | 27% | 24% |
| Revenue | $402M | $537M | $702M | $892M | $1.11B |
| Gross Profit | $238M | $362M | $500M | — | — |
| Gross Profit Margin | 59.2% | 67.4% | 71.3% | — | — |
| EBITDA | ($256M) | ($90M) | ($284M) | ($334M) | ($415M) |
| EBITDA Margin | -63.8% | -16.8% | -40.5% | -37.4% | -37.4% |
| EBIT | ($238M) | ($108M) | ($197M) | ($393M) | ($488M) |
| Net Income | ($332M) | ($181M) | ($398M) | $20M | $36M |
| Free Cash Flow | — | ($59M) | $15M | — | — |
| FCF Margin | — | -11.0% | 2.1% | — | — |
| Short-Term Debt | — | $221M | $0.58M | — | — |
| Long-Term Debt | — | $397M | $124M | — | — |
| Cash & Cash Equivalents | — | $158M | $584M | — | — |
| Net Debt | — | $460M | ($459M) | — | — |
| Net Debt / EBITDA | — | — | — | — | — |
| Rule of 40 | — | 22.5% | 32.9% | — | — |