Navan Inc. (NASDAQ:NAVN) jumped 22.95% in after-hours trading on Wednesday to $11.25.

NAVN closed the regular session up 7.52% at $9.15, according to Benzinga Pro.

The stock move followed the California-based company's fourth-quarter and full-year fiscal 2026 results for the period ended on Jan. 31, which were reported on Wednesday.

What Do The Q4 Results Say?

Navan reported the following fourth-quarter metrics, compared with the same quarter of the prior year:

Metric

Q4 Current Year

Prior-Year Q4

Revenue

$178 million

~$132 million

Gross Booking Volume (GBV)

$2.3 billion

~$1.6 billion

Non-GAAP gross margin

72%

68%

Non-GAAP net income / (loss)

$5.2 million

−$33 million

The company's year-over-year revenue rose 35%, while its gross booking volume grew 42%.

Fiscal 2026 Full-Year Results

Full-year for the AI-powered business travel and expense management platform revenue rose 31% to $702 million. Non-GAAP operating income was $37 million, compared with a $25 ...