NextNav Inc. Reports Second Quarter 2026 Results and Operational Highlights
NextNav reported Q2 revenue of $1.15 million, down slightly from $1.20 million in the prior year, while net loss narrowed significantly to $33.8 million from $63.2 million. The company strengthened its balance sheet substantially, ending the quarter with $298 million in liquidity after eliminating $190 million in convertible debt and redeeming all public warrants.
Key figures
- Revenue
- 1150000
- Liquidity
- 298000000
- Notes converted
- 190451000
- Warrant proceeds
- 169500000
- Shares from conversion
- 15200000
- Warrant exercise price
- 11.5
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