Company: NAVN
Filing Date: 2025-10-10
Form Type: S-1/A
Source: 0001628280-25-044812
Chunk: 158

Company: Navan, Inc.
Filing Date: 2025-10-10
Form: S-1/A
Chunk 158
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 the quarters indicated. In our opinion, the unaudited quarterly statements of operations data set forth below have been prepared on a basis consistent with our audited financial statements and contain all adjustments, consisting only of normal and recurring adjustments, necessary for the fair statement of such data. Our historical results are not necessarily indicative of the results that may be expected in the

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future, and the results for any particular quarter are not necessarily indicative of results to be expected for a full year or any other period. The following unaudited quarterly financial data should be read together with our consolidated financial statements and the related notes included elsewhere in this prospectus. Quarterly Consolidated Statements of Operations

|                                              | Three Months Ended |     |           |     |            |     |            |     |           |     |           |     |            |     |            |     |           |     |           |
|                                              |          April 30, |     |  July 31, |     | October31, |     | January31, |     | April 30, |     |  July 31, |     | October31, |     | January31, |     | April 30, |     |  July 31, |
|                                              |               2023 |     |      2023 |     |       2023 |     |       2024 |     |      2024 |     |      2024 |     |       2024 |     |       2025 |     |      2025 |     |      2025 |
|                                              |      -in thousands |     |           |     |            |     |            |     |           |     |           |     |            |     |            |     |           |     |           |
| Revenue....................                  |            $94,184 |     |   $99,373 |     |   $110,300 |     |    $98,399 |     |  $120,942 |     |  $132,785 |     |   $151,118 |     |   $131,992 |     |  $157,461 |     |  $171,952 |
| Cost of revenue........                      |             41,541 |     |    39,655 |     |     40,702 |     |     40,724 |     |    41,162 |     |    41,383 |     |     44,522 |     |