Navan (NAVN) Stock Jumps 23% After Hours — Here's Why

Navan Inc. (NASDAQ:NAVN) jumped 22.95% in after-hours trading on Wednesday to $11.25. NAVN closed the regular session up 7.52% at $9.15, according to Benzinga Pro. The stock move followed the California-based company's fourth-quarter and full-year fiscal 2026 results for the period ended on Jan. 31, which were reported on Wednesday. What Do The Q4 Results Say? Navan reported the following fourth-quarter metrics, compared with the same quarter of the prior year: MetricQ4 Current YearPrior-Year Q4Revenue$178 million~$132 millionGross Booking Volume (GBV)$2.3 billion~$1.6 billionNon-GAAP gross margin72%68%Non-GAAP net income / (loss)$5.2 million−$33 million The company's year-over-year revenue rose 35%, while its gross booking volume grew 42%. Fiscal 2026 Full-Year Results Full-year for the AI-powered business travel and expense management platform revenue rose 31% to $702 million. Non-GAAP operating income was $37 million, compared with a $25 million loss in fiscal 2025. Navan generated $14.8 million in free cash flow, while operating cash flow totaled $33.7 million, up from a $50.4 million outflow a year earlier. The GAAP net loss widened to $398 million, reflecting $118 million in debt extinguishment charges. What Does the Guidance Say? Navan guided first-quarter fiscal 2027 revenue to $204 million to $206 million, representing roughly 30% year-over-year growth, with non-GAAP operating income of $4.5 million to $5.5 million. For the full year, the company projects fiscal 2027 revenue of $866 million to $874 million and non-GAAP operating income of $58 million to $62 million, targeting a 7% non-GAAP operating margin, up from 5% in fiscal 2026. Chief Financial Officer Aurélien Nolf said, “We enter FY’27 with a strong balance sheet and a clear path to continue expanding margins while investing in high-conviction innovation.” Trading Metrics, Technical Analysis Navan has a market capitalization of $2.28 billion, with a 52-week high of $22.75 and a 52-week low of $8.12. NAVN has faced a challenging 12 months, with its stock falling 54.25%. Currently, the mid-cap stock is about 7% above its 52-week low, indicating it is near the low end of its annual range. Benzinga's Edge Stock Rankings indicate that BZAI has a negative price trend across all time frames. Image via Shutterstock/ ZCOOL HelloRF Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.