Earnings ·
Navan raises full-year revenue outlook to $927–$933M after Q3 results showing 35% revenue growth
NAVNNavan, Inc.
Navan, Inc. reported financial results for the second quarter of fiscal year 2027 ended July 31, 2026. Total revenue increased 35% year-over-year to $233 million, while Gross Booking Volume (GBV) grew 45% to over $3 billion. Non-GAAP income from operations more than doubled to $17 million, and GAAP net loss narrowed to $29 million from $39 million in the prior year period. The company raised its full-year fiscal 2027 revenue outlook to a range of $927–$933 million and non-GAAP operating income guidance to $82–$86 million. Navan also announced acquisitions of Smartrips, a Brazilian travel management company, and BoomPop, an AI-native platform for meetings and events. Navan operates as a global AI-powered business travel and expense platform.