A company still losing money with growing sales. Institutions are adding.
Going well
Sales up 35% in the latest quarter vs a year ago
Sales up 31% last year
Little debt
Watch out for
Losing money, losses are large next to sales
Money moves
No insider buying or selling in the last 30 days
Institutions added 13% to their holdings in the quarter ending June 2026 (159 bought, 63 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$27.22+1.0% that day
Company value
$7.0B
Share price times all shares
Price vs sales
8.4x
No profit over the last year, so this compares value with sales instead
Cash vs value
9%
Cash as a share of company value
Debt vs value
2%
Debt as a share of company value
From NAVN's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 10 quarters, from SEC filings
Sales, Jul '26
$232.8M+35% vs a year earlier
Apr '24Tap a barJul '26
Last 12 months: $825.9M, up 35% from the 12 months before.
What the price assumes
Your guesses, our math
Move the sliders to your own view of NAVN. Starting points are the company's recent numbers (it isn't profitable yet, so the margin starts at a 10% guess).
Sales in 5 years$3.1B
Profit in 5 years$307M
Price these guesses point to$17.94-34% vs $27.22 todayAbout -8.0% a year, before dividends
What today's price needs: with a 10% margin and a 15x P/E, sales would have to grow about 41% a year for 5 years just to match today's price.
Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.
The checklist Warren Buffett-style investors use. Annual numbers for 2025.
3/4Mixed
PassDebt under half of equityNot relying on borrowed money.0.10x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-56.7%
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$32.8M
PassGross margin 40%+Pricing power: sells for well above what it costs to make.71.3%
Revenue
$702.3M
+30.8% vs prior year
Total debt
$124.8M
0.10x equity
Current ratio
4.07x
short-term assets / bills due
Free cash flow
$32.8M
4.7% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: return on equity 15%+, profitable every year, share count not growing. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jul 31, 2026
Reported Sep 9
Revenue
$232.8M
+35.4% YoY
EPS
-$0.11
vs -$0.17
Op. margin
-11.0%
-3.9 pts
Gross margin
74.1%
+1.4 pts
Free cash flow
$24.3M
Share count
+10.2%
vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trend
No trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
This week
0
Normal week
1.6
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+12.5%
Institutions added 12.5% to their holdings. 159 bought, 63 sold.
Shares held by institutions168.3M
Sep '24Jun '26
Safety check
From SEC filings
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.1x · $125.0M debt
Shares outstandingLatest reported
256M
Why moderate risk
Losing money, losses are large next to sales
Earnings reports
Last 4
Next reportAround Dec 14 (est.)Estimated from the same quarter last year
Results filedSep 9
Results filedJun 10
Results filedMar 25
Results filedDec 15, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days