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41 days agoNavan Files for US IPO with Strong Revenue Growth
Navan, the corporate travel management and payments platform formerly known as TripActions, has filed for an IPO in the U.S. The filing reveals a 30% revenue increase for the first half of fiscal 2026: revenue reached $329.4 million, up from $253.7 million a year earlier. However, net losses also widened to about $99.9 million. Valuation estimates for the IPO are above $8 billion. The company aims to tap institutional and public capital markets amidst renewed tech IPO activity.
positive
41 days agoNavan Files for US IPO with Strong Revenue Growth
Navan, the corporate travel management and payments platform formerly known as TripActions, has filed for an IPO in the U.S. The filing reveals a 30% revenue increase for the first half of fiscal 2026: revenue reached $329.4 million, up from $253.7 million a year earlier. However, net losses also widened to about $99.9 million. Valuation estimates for the IPO are above $8 billion. The company aims to tap institutional and public capital markets amidst renewed tech IPO activity.
positive
Navan Files for US IPO with Strong Revenue Growth
about 1 month ago
1 min read
78 words
Navan files for US IPO, showing strong revenue growth but persistent losses; valued over $8B.
Navan, the corporate travel management and payments platform formerly known as TripActions, has filed for an IPO in the U.S. The filing reveals a 30% revenue increase for the first half of fiscal 2026: revenue reached $329.4 million, up from $253.7 million a year earlier. However, net losses also widened to about $99.9 million. Valuation estimates for the IPO are above $8 billion. The company aims to tap institutional and public capital markets amidst renewed tech IPO activity.
Navan, the corporate travel management and payments platform formerly known as TripActions, has filed for an IPO in the U.S. The filing reveals a 30% revenue increase for the first half of fiscal 2026: revenue reached $329.4 million, up from $253.7 million a year earlier. However, net losses also widened to about $99.9 million. Valuation estimates for the IPO are above $8 billion. The company aims to tap institutional and public capital markets amidst renewed tech IPO activity.
Companies:
Navan
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Navan
IPO
Navan
IPO
corporate travel
tech IPO
US markets
Sep 20, 2025 • 17:00 IST