Navan turns cash flow positive, talks up AI

Navan reported Q4 and full-year fiscal 2026 earnings with revenue of $702 million, up 31% YoY. Q4 revenue rose 35% to $178 million. The company turned free cash flow positive for the first time and gross booking volume increased 42% to $2.3 billion in Q4. Navan also launched Navan Edge, an AI travel assistant targeting the $56 billion unmanaged travel market.