- Delisting Date
- Jun 26, 2026
- Sector
- Technology
- Industry
- Software - Infrastructure
- IPO Date
- Oct 29, 2021
Highlights
- Market Cap
- $2.22B
- Enterprise Value
- $2.21B
- EPS (TTM)
- -$0.98
- Total Revenue (TTM)
- $4.03M
- Gross Profit (TTM)
- -$10.72M
- EBITDA (TTM)
- -$81.67M
- Year Range
- $3.90 - $13.41
- ROA (TTM)
- -59.96%
- ROE (TTM)
- 157.05%
Share Price Chart
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Performance
NNAVW Performance Chart
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Returns By Period
NextNav Inc. Warrant (NNAVW) has returned -23.08% so far this year and -15.77% over the past 12 months.
NextNav Inc. Warrant
- 1D
- 0.00%
- 1M
- -51.07%
- 6M
- -4.18%
- YTD
- -23.08%
- 1Y
- -15.77%
- 3Y*
- 98.80%
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.42%
- 1M
- 1.94%
- 6M
- 8.74%
- YTD
- 10.66%
- 1Y
- 21.02%
- 3Y*
- 19.50%
- 5Y*
- 11.63%
- 10Y*
- 13.41%
NNAVW Monthly Returns History
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -9.65% | 0.46% | -2.47% | 37.44% | 4.14% | -39.29% | 0.00% | -23.08% | |||||
| 2025 | -16.90% | -27.99% | 28.09% | 10.91% | 0.82% | 29.07% | -5.67% | 26.21% | -28.44% | -7.58% | 12.20% | 27.45% | 24.56% |
| 2024 | 41.67% | 3.92% | 98.11% | 78.57% | -14.67% | -1.25% | 1.58% | -21.50% | 15.08% | 54.14% | 51.45% | -15.21% | 697.22% |
| 2023 | 52.35% | 21.59% | -13.04% | 5.00% | 12.70% | -1.41% | 1.10% | 15.87% | 52.44% | -15.20% | -14.15% | -20.88% | 93.29% |
| 2022 | -19.17% | 4.38% | 32.87% | -26.32% | -61.08% | -21.09% | 23.26% | -1.89% | 3.81% | 13.23% | 6.68% | -42.87% | -78.02% |
| 2021 | -40.89% | 27.50% | 10.78% | -16.50% |
Benchmark Metrics
NextNav Inc. Warrant has an annualized alpha of 92.92%, beta of 0.98, and R2 of 0.03 versus S&P 500 Index. Calculated based on daily prices since October 29, 2021.
- This stock captured 56.39% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -28.84%) - a profile typical of hedging or uncorrelated assets.
- R2 of 0.03 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 92.92%
- Beta
- 0.98
- R²
- 0.03
- Upside Capture
- 56.39%
- Downside Capture
- -28.84%
Return for Risk
Risk / Return Rank
NNAVW ranks 42 for risk / return — on par with similar stocks. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for NextNav Inc. Warrant (NNAVW) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NNAVW | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.79 | ||
| Sortino ratioReturn per unit of downside risk | -1.63 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.30 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | -0.28 | 2.28 | -2.55 |
| Martin ratioReturn relative to average drawdown | -0.66 | 9.88 | -10.54 |
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the NextNav Inc. Warrant. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the NextNav Inc. Warrant was 82.46%, occurring on Jul 8, 2022. Recovery took 430 trading sessions.
The current NextNav Inc. Warrant drawdown is 55.79%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -82.46%Jul 2022 | 8mo 12d | 1y 8mo | 2y 4moOct 2021 - Mar 2024 |
2026 bear market2026 | -59.57%Jun 2026 | 2mo 2d | — | 2mo 23dApr 2026 - now |
2025 selloff2025 | -56.14%Mar 2025 | 3mo 1d | 5mo 25d | 8mo 26dDec 2024 - Aug 2025 |
2024 bear market2024 | -47.94%Aug 2024 | 3mo 19d | 2mo 6d | 5mo 25dMay 2024 - Oct 2024 |
2025 bear market2025 | -45.36%Nov 2025 | 2mo 24d | 3mo 28d | 6mo 22dAug 2025 - Mar 2026 |
Drawdown Indicators
| NNAVW | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.46% | -56.78% | -25.68% |
Max Drawdown (1Y)Largest decline over 1 year | -59.57% | -9.10% | -50.47% |
Max Drawdown (3Y)Largest decline over 3 years | -59.57% | -18.90% | -40.67% |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -55.79% | -0.45% | -55.34% |
Average DrawdownAverage peak-to-trough decline | -38.37% | -10.71% | -27.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.02% | 2.09% | +22.93% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Financials
Financial Performance
The chart below illustrates the trends in the financial health of NextNav Inc. Warrant over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.
Valuation
The Valuation section provides an overview of how NextNav Inc. Warrant is priced in the market compared to other companies in the Software - Infrastructure industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.
PS Ratio
This chart shows the Price-to-Sales (P/S) ratio for NNAVW relative to other companies in the Software - Infrastructure industry. Currently, NNAVW has a P/S ratio of 197.5. This P/S ratio is high relative to other companies in the industry. It could mean the stock is overvalued, or that investors expect strong future growth and profitability.
Income Statement
| TTM | |
|---|---|
Revenue | — |
Total Revenue | — |
Cost Of Revenue | — |
Gross Profit | — |
Operating Expenses | — |
Selling, General & Admin Expenses | — |
R&D Expenses | — |
Depreciation And Amortization | — |
Total Operating Expenses | — |
Income | — |
Income Before Tax | — |
Operating Income | — |
EBITDA | — |
EBIT | — |
Earnings From Continuing Operations | — |
Net Income | — |
Income Tax Expense | — |
Other Non-Operating Income (Expenses) | — |
Extraordinary Items | — |
Discontinued Operations | — |
Effect Of Accounting Charges | — |
Non Recurring | — |
Minority Interest | — |
Other Items | — |
Interest Income | — |
Interest Expense | — |
Net Interest Income | — |
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