Equity Profile

NN

NextNav Inc.

Information TechnologyApplication Software$2.9B

Aug5Wed

Pre-Earnings Brief

UpcomingQ2-2026After Close5:00 PM EDT

Company Snapshot

NextNav Inc. is a technology company focused on providing advanced location services through its innovative software solutions....

Key Metrics to Watch

Revenue Growth

Investors will be keen to see if the company can demonstrate strong revenue growth, which is crucial for its long-term viability.

N/A

Earnings Per Share (EPS)

EPS is a key indicator of profitability, and any improvement could signal operational efficiency.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

NN Q2-2026 Earnings Preview

Context

Company Snapshot

NextNav Inc. is a technology company focused on providing advanced location services through its innovative software solutions. With a market cap of $3 billion, it operates in a growing sector that emphasizes the importance of precise location data for various applications, including navigation and smart city initiatives.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

38%

Avg EPS Surprise

-195.63%

Avg Stock Reaction

-3.09%

Last Quarter Recap

In Q1-2026, NextNav reported an EPS of -$0.12, which was better than the expected -$0.15, resulting in a positive market reaction with a 5.47% stock increase the following day. However, revenue figures were not disclosed, leaving some uncertainty about overall performance.

Management Promises & Guidance

Expectations

Wall Street Expectations

Overall, expectations are mixed as there are no analyst estimates available, leaving investors uncertain about what to anticipate. The stock has shown volatility in response to earnings surprises in the past.

Bull Case

If NextNav can show significant improvements in revenue and customer acquisition, it could lead to a strong positive reaction from the market, especially given its innovative technology.

Bear Case

Conversely, if the company fails to deliver on revenue growth or reports wider losses than expected, it could lead to a sharp decline in stock price.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the revenue growth rate for this quarter?

Revenue growth is critical for NextNav's future prospects, and any significant growth could boost investor confidence.

How many new customers has NextNav acquired in the last quarter?

Customer acquisition is a key driver of growth, and a strong number could indicate the company's competitive position in the market.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating NextNav's potential for customer acquisition, which could lead to stronger revenue growth than anticipated.

Supporting Evidence

The options market is pricing a 42.19% move, indicating expectations of significant volatility.

NextNav's recent EPS surprise of +20% suggests potential for better-than-expected performance.

Key Risk

If customer acquisition rates exceed expectations, it could shift the narrative around NextNav's growth potential.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will hinge on the company's ability to grow revenue and acquire new customers, which are essential for its long-term success.

Bull Confirmed If

Demonstrating revenue growth of over 20% year-over-year would confirm the bull case.

Bear Confirmed If

Reporting a revenue decline or a wider-than-expected EPS loss would confirm the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±42.19%

Historical Avg

±5.0%

Pricing rich

The options market is pricing in a significant potential move, indicating that traders expect high volatility around the earnings report.

Options are pricing ±42.2% while NN has averaged ±5.0% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

1.1%

30d HV

99.8%

Calls (643K)P/C Ratio: 0.16Puts (138K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Information Technology

n=30

Fade rate: 4 of 9 (44%)

This setup has occurred 30 times across Information Technology in the last 2 years. 4 of 9 faded and 5 held — no strong directional bias after the initial reaction. The average absolute 1-day move is 4.4%, with a raw directional average of -0.5% (modestly negative historical bias).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If NextNav beats expectations, history suggests a potential stock increase of around 5% based on past performance.

In-Line / Cautious

If results are in line with expectations, the stock may react cautiously, reflecting uncertainty in future growth.

Miss

A miss could lead to a decline of approximately 3% based on historical averages when the company fails to meet earnings expectations.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on strategic partnerships that could enhance customer acquisition.
2Insights into the competitive landscape and how NextNav plans to differentiate itself.
3Details on product development and upcoming launches.
4Management's outlook on market trends affecting the location services industry.
5Any commentary on cost management and operational efficiency.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

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Company Snapshot

NextNav Inc. is a technology company focused on providing advanced location services through its innovative software solutions....

Key Metrics to Watch

Revenue Growth

Investors will be keen to see if the company can demonstrate strong revenue growth, which is crucial for its long-term viability.

N/A

Earnings Per Share (EPS)

EPS is a key indicator of profitability, and any improvement could signal operational efficiency.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

NN Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

38%

Avg EPS Surprise

-195.63%

Avg Stock Reaction

-3.09%

Last Quarter Recap

Management Promises & Guidance

Expectations

Wall Street Expectations

Bull Case

If NextNav can show significant improvements in revenue and customer acquisition, it could lead to a strong positive reaction from the market, especially given its innovative technology.

Bear Case

Conversely, if the company fails to deliver on revenue growth or reports wider losses than expected, it could lead to a sharp decline in stock price.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the revenue growth rate for this quarter?

Revenue growth is critical for NextNav's future prospects, and any significant growth could boost investor confidence.

How many new customers has NextNav acquired in the last quarter?

Customer acquisition is a key driver of growth, and a strong number could indicate the company's competitive position in the market.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating NextNav's potential for customer acquisition, which could lead to stronger revenue growth than anticipated.

Supporting Evidence

The options market is pricing a 42.19% move, indicating expectations of significant volatility.

NextNav's recent EPS surprise of +20% suggests potential for better-than-expected performance.

Key Risk

If customer acquisition rates exceed expectations, it could shift the narrative around NextNav's growth potential.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will hinge on the company's ability to grow revenue and acquire new customers, which are essential for its long-term success.

Bull Confirmed If

Demonstrating revenue growth of over 20% year-over-year would confirm the bull case.

Bear Confirmed If

Reporting a revenue decline or a wider-than-expected EPS loss would confirm the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±42.19%

Historical Avg

±5.0%

Pricing rich

The options market is pricing in a significant potential move, indicating that traders expect high volatility around the earnings report.

Options are pricing ±42.2% while NN has averaged ±5.0% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

1.1%

30d HV

99.8%

Calls (643K)P/C Ratio: 0.16Puts (138K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Information Technology

n=30

Fade rate: 4 of 9 (44%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If NextNav beats expectations, history suggests a potential stock increase of around 5% based on past performance.

In-Line / Cautious

If results are in line with expectations, the stock may react cautiously, reflecting uncertainty in future growth.

Miss

A miss could lead to a decline of approximately 3% based on historical averages when the company fails to meet earnings expectations.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on strategic partnerships that could enhance customer acquisition.
2Insights into the competitive landscape and how NextNav plans to differentiate itself.
3Details on product development and upcoming launches.
4Management's outlook on market trends affecting the location services industry.
5Any commentary on cost management and operational efficiency.