NextNav (NextNav) Gross Margin % : -177.68% (As of Dec. 2023)

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What is NextNav Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. NextNav's Gross Profit for the three months ended in Dec. 2023 was $-2.14 Mil. NextNav's Revenue for the three months ended in Dec. 2023 was $1.21 Mil. Therefore, NextNav's Gross Margin % for the quarter that ended in Dec. 2023 was -177.68%.

The historical rank and industry rank for NextNav's Gross Margin % or its related term are showing as below:

NN' s Gross Margin % Range Over the Past 10 Years
Min: -2310.22 Med: -747.76 Max: -200.71
Current: -229.96

During the past 4 years, the highest Gross Margin % of NextNav was -200.71%. The lowest was -2310.22%. And the median was -747.76%.

NN's Gross Margin % is ranked worse than
99.39% of 2628 companies
in the Software industry
Industry Median: 41.685 vs NN: -229.96

NextNav had a gross margin of -177.68% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for NextNav was 0.00% per year.

NextNav Gross Margin % Historical Data

The historical data trend for NextNav's Gross Margin % 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.

* Premium members only.

NextNav Gross Margin % Chart

NextNav Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Gross Margin %

-1,265.55

-2,310.22

-200.71

-229.96

NextNav Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial								-265.88	-264.22	-292.75	-214.70	-177.68

Competitive Comparison of NextNav's Gross Margin %

For the Software - Infrastructure subindustry, NextNav's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.

NextNav's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, NextNav's Gross Margin % distribution charts can be found below:

* The bar in red indicates where NextNav's Gross Margin % falls into.

NextNav Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

NextNav's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )	=	Gross Profit (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-8.9	/	3.862
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(3.862 - 12.743)	/	3.862
	=	-229.96 %

NextNav's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-2.1	/	1.205
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1.205 - 3.346)	/	1.205
	=	-177.68 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

NextNav (NAS:NN) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

NextNav had a gross margin of -177.68% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

NextNav Gross Margin % Related Terms

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NextNav (NextNav) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » NextNav Inc (NAS:NN) » Definitions » Gross Margin %

Comparable Companies

STEM SCWX RPAY IIIV IMXI PSFE CCSI GCT RDWR CINT MSFT ORCL ADBE PANW SNPS VMW FTNT CRWD PLTR SQ

Traded in Other Exchanges

KK0:Germany

Address

1775 Tysons Boulevard, 5th Floor, McLean, VA, USA, 22102

Website

https://www.nextnav.com

NextNav Inc provides GPS service. The company NextNav TerraPoiNT system keeps critical infrastructure resilient with reliable Position, Navigation and Timing services in the absence of GPS.

Executives

David L. Knutson	officer: SVP, Operations & Deployment	1775 TYSONS BLVD., 5TH FLOOR, MCLEAN VA 22102
Sammaad Shams	officer: Corporate Controller	1775 TYSONS BLVD., 5TH FLOOR, MCLEAN VA 22102
Ganesh Pattabiraman	director, officer: CEO, President & Director	1775 TYSONS BLVD., 5TH FLOOR, MCLEAN VA 22102
Arun Raghupathy	officer: SVP, Engineering	1775 TYSONS BLVD., 5TH FLOOR, MCLEAN VA 22102
Robert Lantz	officer: General Counsel	C/O NEXTNAV INC., 1775 TYSONS BLVD., 5TH FLOOR, MCLEAN VA 22102
Bandel L Carano	director	525 UNIVERSITY AVENUE, SUITE 1300, PALO ALTO CA 94301
Gary Parsons	director	1775 TYSONS BLVD., 5TH FLOOR, MCLEAN VA 22102
Alan B Howe	director	1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081
Peter D Aquino	director	MOTIENT CORP, 300 KNIGHTBRIDGE PARKWAY, LINCOLNSHIRE IL 60069
Neil S Subin	director	2336 S.E. OCEAN BOULEVARD, #400, STUART FL 34996
Christian D. Gates	officer: Chief Financial Officer	1775 TYSONS BLVD., 5TH FLOOR, MCLEAN VA 22102
Wocap Global Opportunity Investment Partners, L.p.	10 percent owner	2802 TIMMONS LANE, #27440, HOUSTON TX 77227
Roderick M. Forrest	10 percent owner	VICTORIA PLACE, 31 VICTORIA STREET, HAMILTON D0 HM 10
Edward Neil Halliday	10 percent owner	VICTORIA PLACE, 31 VICTORIA STREET, HAMILTON D0 HM 10
Tivin Turchiaro	10 percent owner	VICTORIA PLACE, 31 VICTORIA STREET, HAMILTON D0 HM 10