NextNav vs Red Violet
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
| NextNav | Red Violet | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $5M | $90M |
| Revenue growth | −19.3% | 20.0% |
| Revenue growth a year, last 5 years | 50.3% | 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 count | 9.3% | 1.9% |
| Last close | $8.61 | $70.10 |
| P/E at the last close | — | 58.9× |
| Insider trades, last 12 months | bought $693,300, sold $13.5 million | bought $142,980, sold $3.5 million |
| Piotroski F-score | 2 of 8 | 6 of 8 |
Amounts in each company's own currency, US$ 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
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.