Navan Q2 FY2027: Revenue Up 35% to $233M, BoomPop Acquisition Terms Revealed
NAVN has more than doubled off its 52-week low of $8.105 on elevated volume (4.6× avg).
Summary
Navan's Q2 FY2027 10-Q confirms 35% revenue growth to $232.8M and reveals the BoomPop acquisition terms (up to $95M), new litigation, and insider trading plans.
Key Events · Earnings and Guidance · NAVN
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Q2 Revenue Up 35% to $232.8M
Revenue grew 35% YoY to $232.8M, with gross margin expanding to 74%. Net loss narrowed to $29.1M from $38.6M a year ago.
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BoomPop Acquisition Terms Revealed
The September 2026 acquisition of BoomPop, a U.S. meetings and events company, involves total consideration of up to $95.0M in cash and Class A common stock.
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New Shareholder Derivative Lawsuit
A shareholder derivative complaint was filed September 8, 2026, mirroring the securities class action allegations from February 2026 regarding IPO offering documents.
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CEO and President Adopt 10b5-1 Plans
CEO Ariel Cohen adopted a plan for up to 664,698 shares; President Michael Sindicich adopted a plan for up to 336,614 shares. Combined potential sales exceed 1M shares.
Analysis · NAVN · Technology
Navan's 10-Q confirms the strong Q2 results previewed in yesterday's 8-K — revenue grew 35% to $232.8M with gross margin expanding to 74%. The filing adds material new details: the BoomPop acquisition will cost up to $95M in cash and stock, a shareholder derivative suit was filed September 8th mirroring the existing securities class action, and both the CEO and President adopted new 10b5-1 plans covering over 1M shares combined. The company holds $820M in cash and investments against $125M in debt, providing ample runway despite continued operating losses.
How filings like this one have moved
In the 30 days to Sep 10, 2026, 30% of the 1963 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.14%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, NAVN was trading at $20.29 on NASDAQ in the Technology sector, with a market capitalization of approximately $5.2B. The 52-week trading range was $8.11 to $30.88. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.