NextNav (NN) Q4 2025 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool

Wed, March 18, 2026 astatine 8:23 AM CDT 12 min read

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Tuesday, March 17, 2026 astatine 5 p.m. ET

• Chief Executive Officer — Mariam Sorond

• Chief Financial Officer — Timothy Gray

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Mariam Sorond, NextNav's Chief Executive Officer; and Tim Gray, NextNav's Chief Financial Officer. Before we begin, fto maine punctual everyone that this telephone volition see definite statements that represent forward-looking statements wrong the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements whitethorn beryllium identified by usage of the words may, anticipate, believe, expect, intend, should, could and akin expressions. Such forward-looking statements which whitethorn subordinate to NextNav forecast of aboriginal results, aboriginal prospects, developments and concern strategies are taxable to known and chartless risks, uncertainties and assumptions, galore of which are extracurricular NextNav's power and could origin existent results to differ. In particular, specified forward-looking statements see the accomplishment of definite FCC-related milestones and FCC approvals.

NextNav's projections, plans, objectives and expectations and NextNav's aboriginal concern strategies and competitory position. These statements are based connected management's existent expectations and beliefs arsenic good arsenic a fig of assumptions concerning aboriginal events. You are cautioned not to spot undue reliance upon the forward-looking statements, which talk lone arsenic of the day made, and NextNav undertakes nary committedness to update oregon revise the forward-looking statements, but arsenic required by law. For further accusation regarding risks and uncertainties, delight notation to the hazard factors and different disclosures contained successful the company's filings with the SEC. Following prepared remarks, the institution volition big an operator-led question-and-answer session.

In addition, a replay of our treatment volition beryllium posted to the company's Investor Relations website. I'd present similar to crook the telephone implicit to Ms. Sorond. Please spell ahead, Mariam.

Mariam Sorond: Thank you, Jared. Good afternoon, and convey you each for joining america today. I'll statesman with an important update connected our FCC process. Earlier this month, the FCC formerly sent a draught announcement of projected rulemaking oregon NPRM, focused connected PNT exertion and solutions to the White House OMB. This is simply a captious measurement successful the process, and I americium assured successful the NPRM advancing to study an order. This improvement underscores the FCC's absorption connected addressing the nationalist information urgency of identifying resilient backups and complements to GPS. It reflects an unthinkable milestone achieved successful accelerated clip and bonzer momentum nether this administration.