Company: NAVN
Filing Date: 2025-07-28
Form Type: DRS/A
Source: 0001628279-25-000476
Chunk: 334

Company: Navan, Inc.
Filing Date: 2025-07-28
Form: DRS/A
Chunk 334
---
 estimated useful life of eight years.

The financial results of Regent are included in our consolidated financial statements from the date of acquisition. Regent’s financial results have not been material to date. Pro forma results of operations have not been presented because the effect of the acquisition was not material to the consolidated statements of operations.

<div align='center'>F-26</div>

#### NOTE 7 – GOODWILL AND OTHER INTANGIBLE ASSETS

#### Goodwill
The goodwill balances as of January 31, 2025 and 2024, and the changes in fiscal 2025 and 2024 are as follows (in thousands):

|                                     |     | Carrying Amount |         |
|:------------------------------------|:----|:----------------|--------:|
| Balance as of January 31, 2023      |     | $               | 209,305 |
| Goodwill arising from acquisitions  |     |                 |   6,288 |
| Foreign currency translation impact |     |                 |   4,948 |
| Balance as of January 31, 2024      |     | $               | 220,541 |
| Goodwill arising from acquisitions  |     |                 |   4,006 |
| Foreign currency translation impact |     |                 |  -4,819 |
| Balance as of January 31, 2025      |     | $               | 219,728 |

There were no impairments of goodwill recognized during the years ended January 31, 2025 and 2024.

#### Intangible Assets
Intangible assets consisted of the following (in thousands, except years data):

|                         |     |                  As of January 31, 2025 |     |                       |        |     |                          |         |     |            |        |
|:------------------------|:----|----------------------------------------:|:----|:----------------------|-------:|:----|:-------------------------|--------:|:----|:-----------|-------:|
|                         |     | Weighted-Average Remaining Life (Years) |     | Gross Carrying Amount |        |     | Accumulated Amortization |         |     | Net Amount |        |
| Trade names             |     |                                    15.2 |     | $                     | 43,579 |     | $                        |  -8,601 |     | $          | 34,978 |
| Customer relationships  |     |                                     8.6 |     |