Navan vs SoundHound AI
Navan reported revenue of $702 million in fiscal 2026, 4.2 times SoundHound AI's $169 million in fiscal 2025. Navan's revenue grew 30.8% in its latest year, and SoundHound AI's grew 99.5%. Navan had an operating margin of -28.0%, against -13.8% at SoundHound AI. Free cash flow was $33 million at Navan and −$99 million at SoundHound AI. Their fiscal years end in different months (January 31 and December 31), so the periods don't line up exactly.
Side by side
| Navan | SoundHound AI | |
|---|---|---|
| Latest fiscal year | FY2026, Jan 31, 2026 | FY2025, Dec 31, 2025 |
| Revenue | $702M | $169M |
| Revenue growth | 30.8% | 99.5% |
| Revenue growth a year, last 5 years | — | — |
| Gross margin | 71.3% | 42.4% |
| Operating margin | −28.0% | −13.8% |
| Net margin | −56.7% | −8.3% |
| Free cash flow | $33M | −$99M |
| Free cash flow margin | 4.7% | −58.7% |
| Return on capital | — | −18.4% |
| Net debt to EBITDA | — | — |
| Dividends and buybacks | $0M | $0M |
| Change in diluted share count | 116.0% | 21.0% |
| Last close | $27.20 | $4.24 |
| P/E at the last close | — | — |
| Insider trades, last 12 months | bought $45.3 million, sold $122.9 million | sold $10.0 million |
| Piotroski F-score | — | 2 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
NavanSoundHound AI
Operating margin
Percent of revenue
NavanSoundHound AI
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
NavanSoundHound AI
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Navan and SoundHound AI pages.