Navan (FRA:E10) EBIT: €-275.1 Mil (TTM As of Apr. 2026)

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FRA:E10 Navan Inc FRA:E10
12 GF Score
Price €23.80
! 5 Warning Signs
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What is Navan EBIT?

Navan FRA:E10 -0.83% 12 EBIT is €-275.1 Mil as of Apr. 2026. GuruFocus rates FRA:E10 with a GF Score™ of 12/100. The stock has 5 warning signs investors should review.

Navan's earnings before interest and taxes (EBIT) for the three months ended in Apr. 2026 was €-14.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2026 was €-275.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Navan's annualized ROC % for the quarter that ended in Apr. 2026 was -8.75%. Navan's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was -49.44%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Navan's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was -4.66%.

Navan  (FRA:E10) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Navan's annualized ROC % for the quarter that ended in Apr. 2026 is calculated as:

ROC % (Q: Apr. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2026 ) + Invested Capital (Q: Apr. 2026 ))/ count )
=-61.932 * ( 1 - 0% )/( (670.182 + 746.157)/ 2 )
=-61.932/708.1695
=-8.75 %

where

Invested Capital(Q: Jan. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1454.156 - 153.8 - ( 630.174 - max(0, 273.117 - 1112.246+630.174))
=670.182

Invested Capital(Q: Apr. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1465.621 - 137.572 - ( 581.892 - max(0, 260.816 - 1124.124+581.892))
=746.157

Note: The Operating Income data used here is four times the quarterly (Apr. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Navan's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2026  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-57.736/( ( (45.763 + max(40.549, 0)) + (43.389 + max(103.866, 0)) )/ 2 )
=-57.736/( ( 86.312 + 147.255 )/ 2 )
=-57.736/116.7835
=-49.44 %

where Working Capital is:

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(183.766 + 0 + 119.214) - (153.8 + 60.884 + 47.747)
=40.549

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(193.592 + 0 + 159.325) - (137.572 + 58.951 + 52.528)
=103.866

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Apr. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Navan's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Apr. 2026 )
=-275.063/5908.609
=-4.66 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Navan EBIT Related Terms

Navan EBIT Historical Data

* Premium members only.

The historical data trend for Navan's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Navan EBIT Chart

Navan Annual Data
Trend Jan24 Jan25 Jan26
EBIT
-241.29 -92.26 -293.27

Navan Quarterly Data
Jan24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
EBIT Get a 7-Day Free Trial -35.99 -16.65 -177.29 -66.70 -14.43

FRA:E10 vs CVLT, APPF, ESTC: EBIT Comparison

For the Software - Application subindustry, Navan's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Navan EV-to-EBIT vs Software Industry

For the Software industry and Technology sector, Navan's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Navan's EV-to-EBIT falls into.


FRA:E10
12GF Score
Navan Inc FRA:E10
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Navan EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-275.1 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €-275.1 Mil mean?
Navan (FRA:E10) has a EBIT of €-275.1 Mil as of Apr. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Navan.
Is Navan's EBIT too high?
Navan's current EBIT is €-275.1 Mil. Overall, Navan has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Navan's EBIT compare to CVLT and APPF?
Navan's EBIT of €-275.1 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Software company?
A good EBIT depends on the Software industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Navan. Navan's current EBIT is €-275.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Navan stock overvalued right now?
Navan (FRA:E10) has a current EBIT of €-275.1 Mil. The current EBIT is €-275.1 Mil. Navan's overall GF Score™ is 12/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Navan (FRA:E10), the current EBIT is €-275.1 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Navan Business Description

Other Exchanges NAVN:USA
Address 3045 Park Boulevard, Palo Alto, CA, USA, 94306
Navan Inc is engaged in providing an end-to-end, AI-powered software platform for managing business travel and expense (T&E). The company's platform enables users to manage corporate travel bookings, payments, and expense processes, while providing tools for customers to control and optimize spending and for suppliers to access demand. Geographically, the company operates in the United States, the United Kingdom, and other countries, with the majority of its revenue generated from the United States.
12GF Score

Get the complete analysis for FRA:E10

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€23.80
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