Welcome to our dedicated page for NAVAN SEC filings (Ticker: NAVN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to Navan, Inc. (NASDAQ: NAVN) SEC filings, offering a detailed view into how the company reports its business travel, payments, and expense management operations as a public company. Through documents such as annual reports on Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8-K, investors can review Navan’s financial performance, key operating metrics, and material corporate events.
Navan’s filings and related press releases discuss metrics including total revenue, usage revenue, subscription revenue, gross profit, Gross Booking Volume (GBV), and Payment Volume. The company defines GBV as the total amount paid for valid bookings on its platform, including taxes and fees and adjusted for cancellations and refunds, across hotel, flight, car, rail, and offerings such as Meetings and Events, VIP, and Bleisure. Payment Volume is defined as the aggregate spend through Navan-issued cards, net of chargebacks, cancellations, or refunds.
In addition to GAAP results, Navan reports non-GAAP financial measures such as non-GAAP gross profit and margin, non-GAAP income or loss from operations and operating margin, non-GAAP net income or loss and related per-share measures, and free cash flow. The company explains how these are calculated and provides reconciliations in its filings, which can help readers understand operating performance and trends beyond standard GAAP figures.
Current reports on Form 8-K can highlight significant events, such as leadership changes. For example, Navan has filed an 8-K describing the planned departure of its Chief Financial Officer, the appointment of an Interim Chief Financial Officer, and associated transition and retention agreements, while noting that the departure was not due to any disagreement with the company. By using this filings page together with AI-powered summaries, readers can quickly navigate long documents, identify key sections on revenue, operating metrics, non-GAAP measures, and governance matters, and better understand Navan’s regulatory disclosures over time.
Navan, Inc. provides an AI-powered global platform that combines business travel booking, corporate payments, and expense management in a single system. The company emphasizes its proprietary infrastructure, Navan Cloud, and AI framework, Navan Cognition, to aggregate real-time travel inventory and automate service through virtual agents.
Navan reports strong user engagement, citing an overall customer satisfaction score of 96% and a net promoter score of 45 for the year ended January 31, 2026, while its virtual agent Ava handled about 52% of user interactions. The business targets both managed and unmanaged corporate travel markets, cross-selling offerings such as Meetings and Events, VIP, and Bleisure travel, and expanding internationally through direct integrations, partnerships, and acquisitions.
The filing highlights key risks, including dependence on business travel demand, macroeconomic and geopolitical uncertainty, competition from legacy and digital rivals, challenges in scaling AI safely, and a dual-class share structure that concentrates voting power with the co-founders.
Navan, Inc. director Anre D. Williams made an open-market purchase of 100,000 shares of Class A Common Stock at $12.00 per share. Following this transaction, he directly owns 215,024 shares, including 15,024 restricted stock units that each convert into one share upon vesting.
Navan, Inc. reported strong growth for its fourth quarter and full fiscal year 2026 while reaching key profitability and cash-flow milestones. Q4 revenue rose 35% year over year to $178 million, with usage revenue of $161 million and subscription revenue of $17 million. Gross Booking Volume grew 42% to $2.3 billion, and GAAP gross margin improved to 71%, with non-GAAP gross margin at 72%.
For the full year, revenue increased 31% to $702 million, while GBV reached $9.1 billion and payment volume $4.1 billion. Navan achieved its first full year of positive cash flows from operating activities of $34 million and free cash flow of $15 million, one year ahead of target. Non-GAAP income from operations turned positive at $37 million (a 5% margin), though GAAP loss from operations widened to $197 million due largely to stock-based compensation and amortization.
Looking to fiscal 2027, Navan guides total revenue to $866–$874 million, implying about 24% growth at the midpoint, and expects non-GAAP operating margin around 7%. Management highlights new AI products, enterprise wins, and executive hires as drivers of continued scale and margin expansion.
Navan, Inc. President Michael Eric Sindicich reported an automatic tax-related sale of 2,206 shares of Class A Common Stock. The shares were sold in open-market transactions at a weighted average price of $8.6176 per share to cover tax withholding obligations from vesting restricted stock units, under a mandated “sell to cover” arrangement rather than a discretionary trade. After this sale, he directly holds 308,308 shares of Class A Common Stock, and his holdings also include 64,269 restricted stock units that each represent a contingent right to receive one share upon vesting.
Navan, Inc. director and Chief Technology Officer Twig Ilan Ezra reported an automatic sale of 49,210 shares of Class A Common Stock. The shares were sold on March 20, 2026 in open-market transactions at a weighted average price of $8.6221 per share.
According to the disclosure, this “sell to cover” transaction was required to cover tax withholding obligations from vesting restricted stock units and did not represent a discretionary trade. After the sale, Ezra directly holds 538,012 shares, including 440,415 RSUs that each convert into one share upon vesting.
Navan, Inc. Chairperson and CEO Ariel M. Cohen reported an open-market sale of 151,007 shares of Class A Common Stock at a weighted average price of $8.6224 per share. According to the disclosure, this sale was required to cover tax withholding obligations tied to the vesting of restricted stock units and was executed as a non-discretionary “sell to cover” transaction rather than a voluntary trade. Following the sale, Cohen’s reported direct holdings total 1,003,918 shares, including 866,193 RSUs that each represent a right to receive one share upon vesting.
Michael E. Sindicich filed a Form 144 to sell 9,349 shares of Class A Common Stock of NAVN. The filing lists the sale date as 01/28/2026 and references Restricted Stock Units dated 01/22/2025.
NAVN filed a Form 144 to sell 49,210 shares of Class A Common Stock.
The filing lists those shares as issuable under Restricted Stock Units with a grant/issuance date of 04/24/2025. The form shows an aggregate value of 447,318.90 and a referenced shares outstanding figure of 234,288,970 as of 03/20/2026.
NAVN submitted a Form 144 notice to sell Class A Common Stock. The filing lists a broker-dealer, Morgan Stanley Smith Barney LLC, and references NASDAQ and the date 03/20/2026. The excerpt also shows restricted stock units with a grant date of 04/24/2025.
Navan, Inc.’s Chief Financial Officer Aurelien Nolf reported equity awards, increasing his direct ownership stake. He received grants of Class A common stock in the form of restricted stock units and a large stock option award.
The filing shows awards of 97,370 and 778,967 RSUs, each representing a right to receive one share of Class A common stock if time-based service conditions are met. He also received 1,010,099 stock options with a $9.97 exercise price, expiring in 2036, which vest over four years. Following these awards, he directly holds 876,337 shares of Class A common stock.