Navan Q2 FY27 revenue up 35% to $233M, raises FY27 outlook

Navan, Inc.

Revenue $233M (+35% YoY); GBV $3.0B (+45%); payment volume $1.3B (+34%).
Non-GAAP income from ops $17M vs $8M; GAAP net loss $(29)M vs $(39)M; non-GAAP net income $14M.
Raised FY27 revenue guidance to $927-933M (32% growth) and non-GAAP op income to $82-86M.
Record new signed GBV $4.0B TTM in SLG, up 60% YoY; over 50% of AI calls on proprietary models.
Acquired Smartrips (Brazil) and BoomPop (AI meetings/events) to expand footprint.

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