Navan Saved Customers 16% on Business Travel According to Total Economic Impact Study
A study by Forrester Consulting on behalf of Navan (
NASDAQ: NAVN), the leading all-in-one business travel, payments, and expense management platform, found the Navan platform saved customers 16% annually on business travel, based on a composite organization analysis¹. Combining cost savings and productivity gains, the study found that Navan delivered a 376% return on investment (ROI) during a three-year period.
Business Travel Grew 20% Year-Over-Year in Q3, Navan Business Travel Index Shows
Navan (
NASDAQ: NAVN), the leading all-in-one business travel, payments, and expense management platform, today released its quarterly Navan Business Travel Index (BTI) showing a 20% YoY increase in business travel activity in Q3, 2025.* This far exceeds the 0.6% YoY growth seen in TSA travel data during the same period.** The Navan Business Travel Index is designed to be a global indicator of the strength of the business travel economy, powered by millions of transactions from more than 10,000 businesses on the Navan platform.
Navan Announces Closing of Initial Public Offering
Navan, Inc. (
NASDAQ: NAVN), an all-in-one business travel, payments, and expense management platform, today announced the closing of its initial public offering of an aggregate of 36,924,406 shares of Class A common stock at a public offering price of $25.00 per share. The offering consisted of 30,000,000 shares of Class A common stock sold by Navan, and 6,924,406 shares of Class A common stock sold by existing stockholders (the “Selling Stockholders”). Navan did not receive any proceeds from the sale of shares by the Selling Stockholders. In addition, Navan has granted the underwriters a 30-day option to purchase up to an additional 5,538,660 shares of its Class A common stock at the initial public offering price, less underwriting discounts and commissions. The shares of Class A common stock began trading on the Nasdaq Global Select Market on October 30, 2025, under the symbol "NAVN."
