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Side-by-side financial comparison of NEXTNAV INC. (NN) and OSR Holdings, Inc. (OSRH). Click either name above to swap in a different company.

NEXTNAV INC. is the larger business by last-quarter revenue ($945.0K vs $627.7K, roughly 1.5× OSR Holdings, Inc.). OSR Holdings, Inc. runs the higher net margin — -508.9% vs -7191.7%, a 6682.8% gap on every dollar of revenue. On growth, OSR Holdings, Inc. posted the faster year-over-year revenue change (-23.7% vs -50.5%).

NextNav Inc. is a specialized technology company focused on high-precision 3D geolocation and positioning solutions. Its services deliver accurate vertical location data for public safety operations, IoT use cases, mobile network management, and commercial location services, catering to enterprise and government clients across North America and select global markets.

NN vs OSRH — Head-to-Head

Bigger by revenue
NN
NN
1.5× larger
NN
$945.0K
$627.7K
OSRH
Growing faster (revenue YoY)
OSRH
OSRH
+26.8% gap
OSRH
-23.7%
-50.5%
NN
Higher net margin
OSRH
OSRH
6682.8% more per $
OSRH
-508.9%
-7191.7%
NN

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
NN
NN
OSRH
OSRH
Revenue
$945.0K
$627.7K
Net Profit
$-68.0M
$-3.2M
Gross Margin
41.7%
Operating Margin
-1706.1%
-605.9%
Net Margin
-7191.7%
-508.9%
Revenue YoY
-50.5%
-23.7%
Net Profit YoY
-110.6%
-1283.3%
EPS (diluted)
$-0.37
$0.12

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
NN
NN
OSRH
OSRH
Q4 25
$945.0K
Q3 25
$887.0K
$627.7K
Q2 25
$1.2M
$1.1M
Q1 25
$1.5M
$761.3K
Q4 24
$1.9M
Q3 24
$1.6M
$823.0K
Q2 24
$1.1M
$881.8K
Q1 24
$1.0M
$910.2K
Net Profit
NN
NN
OSRH
OSRH
Q4 25
$-68.0M
Q3 25
$483.0K
$-3.2M
Q2 25
$-63.2M
$-5.2M
Q1 25
$-58.6M
$-11.4M
Q4 24
$-32.3M
Q3 24
$-13.6M
$-231.0K
Q2 24
$-24.4M
$-97.3K
Q1 24
$-31.6M
$-60.4K
Gross Margin
NN
NN
OSRH
OSRH
Q4 25
Q3 25
41.7%
Q2 25
2.9%
Q1 25
22.2%
Q4 24
Q3 24
21.8%
Q2 24
26.3%
Q1 24
26.3%
Operating Margin
NN
NN
OSRH
OSRH
Q4 25
-1706.1%
Q3 25
-2239.6%
-605.9%
Q2 25
-1434.3%
-460.5%
Q1 25
-1104.9%
-383.3%
Q4 24
-772.6%
Q3 24
-862.0%
-433.4%
Q2 24
-1387.5%
-364.0%
Q1 24
-1544.0%
-362.8%
Net Margin
NN
NN
OSRH
OSRH
Q4 25
-7191.7%
Q3 25
54.5%
-508.9%
Q2 25
-5257.5%
-460.2%
Q1 25
-3806.3%
-1496.5%
Q4 24
-1688.6%
Q3 24
-846.9%
-28.1%
Q2 24
-2207.2%
-11.0%
Q1 24
-3022.0%
-6.6%
EPS (diluted)
NN
NN
OSRH
OSRH
Q4 25
$-0.37
Q3 25
$-0.12
$0.12
Q2 25
$-0.48
Q1 25
$-0.45
Q4 24
$-0.24
Q3 24
$-0.11
$-0.06
Q2 24
$-0.21
$-0.02
Q1 24
$-0.28
$-0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NN
NN
OSRH
OSRH
Cash + ST InvestmentsLiquidity on hand
$259.5M
$2.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$-86.2M
$134.2M
Total Assets
$247.0M
$177.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NN
NN
OSRH
OSRH
Q4 25
$259.5M
Q3 25
$167.6M
$2.2M
Q2 25
$176.1M
$1.6M
Q1 25
$188.4M
$1.6M
Q4 24
$80.1M
Q3 24
$86.8M
$12.2K
Q2 24
$86.3M
$119.1K
Q1 24
$79.2M
$3.6K
Stockholders' Equity
NN
NN
OSRH
OSRH
Q4 25
$-86.2M
Q3 25
$-22.1M
$134.2M
Q2 25
$-47.2M
$139.2M
Q1 25
$6.6M
$132.3M
Q4 24
$50.1M
Q3 24
$65.6M
$-5.8M
Q2 24
$63.8M
$-4.9M
Q1 24
$55.9M
$-4.3M
Total Assets
NN
NN
OSRH
OSRH
Q4 25
$247.0M
Q3 25
$263.1M
$177.3M
Q2 25
$256.7M
$185.4M
Q1 25
$268.6M
$174.6M
Q4 24
$161.7M
Q3 24
$171.7M
$20.9M
Q2 24
$172.3M
$20.6M
Q1 24
$165.6M
$37.3M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NN
NN
OSRH
OSRH
Operating Cash FlowLast quarter
$-16.1M
$-2.7M
Free Cash FlowOCF − Capex
$-16.1M
FCF MarginFCF / Revenue
-1702.9%
Capex IntensityCapex / Revenue
1.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-50.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NN
NN
OSRH
OSRH
Q4 25
$-16.1M
Q3 25
$-9.0M
$-2.7M
Q2 25
$-13.5M
$-482.6K
Q1 25
$-12.2M
$-64.1K
Q4 24
$-11.9M
Q3 24
$-6.8M
$-686.5K
Q2 24
$-12.3M
$-483.2K
Q1 24
$-7.0M
$-498.8K
Free Cash Flow
NN
NN
OSRH
OSRH
Q4 25
$-16.1M
Q3 25
$-9.0M
Q2 25
$-13.6M
Q1 25
$-12.2M
Q4 24
$-12.1M
Q3 24
$-6.8M
Q2 24
$-12.4M
Q1 24
$-7.0M
FCF Margin
NN
NN
OSRH
OSRH
Q4 25
-1702.9%
Q3 25
-1011.6%
Q2 25
-1127.4%
Q1 25
-793.3%
Q4 24
-634.0%
Q3 24
-422.0%
Q2 24
-1126.1%
Q1 24
-670.8%
Capex Intensity
NN
NN
OSRH
OSRH
Q4 25
1.6%
Q3 25
0.9%
Q2 25
2.2%
Q1 25
1.9%
Q4 24
8.8%
Q3 24
0.1%
Q2 24
13.5%
Q1 24
3.1%
Cash Conversion
NN
NN
OSRH
OSRH
Q4 25
Q3 25
-18.56×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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