secwatch.observer — SEC 8-K summary
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Issuer:     Navan, Inc. (NAVN)
CIK:        0001639723
Form:       8-K
Filed at:   2025-12-15T23:59:59+00:00
Accession:  0001628280-25-057010
Event type: earnings
Sentiment:  neutral
Materiality: 0.78
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1639723/000162828025057010/0001628280-25-057010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1639723/000162828025057010/navn-20251212.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-057010

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer