---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-057010"
form_type: "8-K"
ticker: "NAVN"
cik: "0001639723"
company_name: "Navan, Inc."
filed_at: "2025-12-15T23:59:59+00:00"
generated_at: "2026-05-16T13:13:27.576665+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.78
calibrated_materiality_score: 0.78
confidence: "high"
source: SEC EDGAR
---

# Navan Q3 revenue $195M (+29% YoY); CFO Butte to depart Jan 9, 2026

## Summary
- Revenue $195M (+29% YoY); usage revenue $180M (+29%), subscription $15M (+26%).
- Non-GAAP operating income $25M vs $6M (13% margin up from 4%); GAAP operating loss ($79M).
- GAAP net loss ($225M) vs ($42M); non-GAAP net income $9M vs ($14M) loss.
- Q4 FY2026 guidance: revenue $161-163M; FY2026 revenue $685-687M, non-GAAP op. income $21-22M.
- CFO Amy Butte to depart Jan 9, 2026; Anne Giviskos (SVP, Strategic Finance) named Interim CFO.

## SEC filing metadata
- accession: 0001628280-25-057010
- form_type: 8-K
- ticker: NAVN
- cik: 0001639723
- company_name: Navan, Inc.
- filed_at: 2025-12-15T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.78
- calibrated_materiality_score: 0.78
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1639723/000162828025057010/0001628280-25-057010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1639723/000162828025057010/navn-20251212.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-057010
- JSON: https://secwatch.observer/filing/0001628280-25-057010.json
- Plain text: https://secwatch.observer/filing/0001628280-25-057010.txt

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