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Navan Reports Q4 Earnings, Guides for Revenue Growth

Published 2 days, 1 hour ago
Description

Navan, a Palo Alto-based cloud platform for business travel, reported a net loss of $72.8 million in Q4, but adjusted earnings hit $2 million, with revenue at $177.9 million. For the full year, losses totaled $398 million, but revenue grew to $702.3 million. Looking ahead, Navan projects Q1 revenue between $184 million and $206 million, and full-year revenue between $866 million and $874 million, as it eyes continued expansion in corporate travel demand.

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