The Filing Desk

NextNav vs Red Violet

NextNav NN · Red Violet RDVT · Application Software

Red Violet reported revenue of $90 million in fiscal 2025, 19.6 times NextNav's $5 million in fiscal 2025. NextNav's revenue fell 19.3% in its latest year, and Red Violet's grew 20.0%. NextNav had an operating margin of -1535.8%, against 14.6% at Red Violet. Free cash flow was −$51 million at NextNav and $29 million at Red Violet.

Side by side

NextNavRed Violet
Latest fiscal yearFY2025, Dec 31, 2025FY2025, Dec 31, 2025
Revenue$5M$90M
Revenue growth−19.3%20.0%
Revenue growth a year, last 5 years50.3%21.1%
Gross margin——
Operating margin−1,535.8%14.6%
Net margin−4,138.5%14.6%
Free cash flow−$51M$29M
Free cash flow margin−1,110.8%31.9%
Return on capital−185.3%22.1%
Net debt to EBITDA—−1.8x
Dividends and buybacks$0M$5M
Change in diluted share count9.3%1.9%
Last close$8.61$70.10
P/E at the last close—58.9×
Insider trades, last 12 monthsbought $693,300, sold $13.5 millionbought $142,980, sold $3.5 million
Piotroski F-score2 of 86 of 8
Amounts in each company's own currency, US$ 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
NextNavRed Violet
Operating margin
Percent of revenue
NextNavRed Violet
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
NextNavRed Violet

Start a new comparison

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 NextNav and Red Violet pages.