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# Navan grows quarterly revenue 35% to $233M and acquires BoomPop
- URL: https://www.enterprisey.com/navan-grows-quarterly-revenue-35-to-233m-and-acquires-boompop/
- Published: 2026-09-09T21:45:00.000Z
- Updated: 2026-10-26T04:17:28.000Z
- Description: Navan's fiscal Q2 2027 revenue rose 35% to $233M and it raised its full-year revenue outlook to $927M to $933M, but its shares fell sharply the next day.
- Author: Enterprisey Admin
- Tags: News, Earnings

Navan's fiscal Q2 2027 revenue rose 35% to $233M and it raised its full-year revenue outlook to $927M to $933M, but its shares fell sharply the next day. ([SEC (Navan Form 8-K, Ex. 99.1)](https://www.sec.gov/Archives/edgar/data/0001639723/000162828026061136/exhibit991-earningspressre.htm?ref=enterprisey.com); [The Motley Fool](https://www.fool.com/investing/2026/09/10/why-navan-stock-is-plummeting-today/?ref=enterprisey.com))

Gross booking volume rose 45% to $3.0B. GAAP net loss narrowed to $29M, or $0.11 per share, and non-GAAP operating income was $17M. Q3 revenue guidance is $253M to $255M. The Motley Fool reported shares down about 22.4% at 2:40 p.m. ET on September 10\. ([SEC (Navan Form 8-K, Ex. 99.1)](https://www.sec.gov/Archives/edgar/data/0001639723/000162828026061136/exhibit991-earningspressre.htm?ref=enterprisey.com); [The Motley Fool](https://www.fool.com/investing/2026/09/10/why-navan-stock-is-plummeting-today/?ref=enterprisey.com))