Navan’s revenue rose 35% to $232,790 thousand in the three months ended July 31, 2026, from $171,952 thousand a year earlier, a result that exceeded analysts’ $220.46 million estimate for the second quarter of fiscal 2027. The growth reading was notable because total operating expenses increased even faster, rising 46% to $200,211 thousand, while Navan’s loss from operations widened. Shares fell 17% in extended trading after the results, according to Reuters via Investing.com.