Navan Stock Soars On Q4 Earnings Beat (CORRECTED)

Navan Inc (NASDAQ: NAVN) reported fourth-quarter revenue of $177.92 million, exceeding analyst estimates of $162 million, with adjusted earnings of two cents per share, surpassing expectations for a loss of 12 cents per share. Total revenue grew 35% year-over-year, driven by a 35% increase in Usage revenue and a 29% rise in Subscription revenue. Following the earnings announcement, NAVN shares surged 16.39% in after-hours trading, reaching $10.64. The company anticipates first-quarter revenue between $204 million and $206 million, above estimates of $187.74 million, and expects fiscal 2027 revenue of $866 million to $874 million, compared to estimates of $840.60 million.