---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-084741"
form_type: "8-K"
ticker: "NN"
cik: "0001865631"
company_name: "NEXTNAV INC."
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T11:13:18.314127+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# NextNav Q3 revenue $1.0M (+99% YoY); net loss widens to $23.2M

## Summary
- Revenue of $1.0M vs $503K in prior year period; 9-month revenue $2.7M vs $3.1M.
- Operating loss improved to $14.6M from $17.9M; net loss $23.2M vs $18.7M.
- Cash and equivalents $90.1M; $47.1M debt net of discount (gross $70M).
- Deployed 5G test network in Palo Alto; signed contract for federal GPS/PNT efforts.
- Pinnacle-enabled devices now contracted across five wireless carriers.

## SEC filing metadata
- accession: 0001213900-23-084741
- form_type: 8-K
- ticker: NN
- cik: 0001865631
- company_name: NEXTNAV INC.
- filed_at: 2023-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1865631/000121390023084741/0001213900-23-084741-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1865631/000121390023084741/nn-20231108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-084741
- JSON: https://secwatch.observer/filing/0001213900-23-084741.json
- Plain text: https://secwatch.observer/filing/0001213900-23-084741.txt

## Key facts
- Earnings Releases
  NEXTNAV INC. reported the three and nine months ended September 30, 2023 results: revenue $ 1.0 million.
  - Period: the three and nine months ended September 30, 2023
  - Revenue: $ 1.0 million
  - Result: reported results
  source text: expand its capabilities into additional U.S. markets upon completion of the initial phase. Three and Nine Months Ended September 30, 2023 , Financial Highlights: Revenue: was $ 1.0 million in the three months ended September 30, 2023 , as compared to $ 503,000 in the prior year period. The increase was primarily attributable to increased recurring service revenue
  evidence_url: https://www.sec.gov/Archives/edgar/data/1865631/000121390023084741/0001213900-23-084741-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.