{
 "as_of": "2026-11-08",
 "cmr": "us-cm-kg/NASDAQ/NAVN",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# Navan, Inc. (NASDAQ: NAVN) — research page\n\nAs of 2026-11-08 · us-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is Navan, Inc., listed on NASDAQ under ticker NAVN, with ISIN US6391931010 and LEI 254900RHRK35UPHTGY05. Its security type is Corporate and its sector is 7372 Services-Prepackaged Software. Its jurisdiction is the United States, Delaware. Its segment is not on the record. Its listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 118 filings in the window 2025-11-08 to 2026-11-08, across 52 filing days. The median gap between filing days is 4 days. The latest filing is dated 2026-11-03, 5 days before the record date of 2026-11-08, and is of type directors_dealings. The exchange median is 52 filings, a cadence gap of 6.0 days and a latency of 5.0 days across 4359 issuers. The sector median is 62.5 filings, a cadence gap of 5.0 days and a latency of 4.5 days across 266 issuers. The issuer's 118 filings are above the exchange median of 52 and above the sector median of 62.5.\n\n## Auditor\n\nThe auditor of record is PricewaterhouseCoopers LLP, located in San Jose, California. The record holds no auditor changes.\n\n## Events and halts\n\nThe record holds three listing lines, dated 2025-10-28, 2025-10-29 and 2025-10-29. It holds no delisting and no name change. The domicile change is not on the record. The segment move is not on the record. The halt flag reads listed, not halted.\n\n## Orderability\n\nThe outcome is not determinable under rule version acm-68000/us/reasonable-basis-suitability-finra-rule-2111/r1, as of 2026-11-04. The chapter's orderability section carries no client categories, so the outcome cannot name its client category.\n\n## Coverage\n\nThe issuer's investor-relations page names 15 research houses: BofA, BMO Capital Markets, BNP, BTIG, Citi, Citizens, Goldman Sachs, Jefferies, Loop Capital, Mizuho, Morgan Stanley, Needham, Oppenheimer, Rosenblatt and TD Cowen.\n\n## Open research\n\nNo openly published research notes were found on the record.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe issuer is held in sealed years 2021, 2025 and 2026. The market's earliest sealed date is 2021-01-04. The live record began on 2026-09-12. The market's vintage is sealed.\n\n## Sources\n\n10 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.sec.gov/files/company_tickers_exchange.json (identity.exchange)\n- https://mapping.gleif.org/api/v2/isin-lei/latest (identity.isin)\n- https://data.sec.gov/submissions/CIK0001639723.json (identity.jurisdiction)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://mcp.us-cm-kg.ai/events/NASDAQ/NAVN (the disclosure lines)\n- https://www.nasdaqtrader.com/rss.aspx?feed=tradehalts (the halt flag)\n- https://www.sec.gov/Archives/edgar/data/1639723/000162828026023250/navn-20260131.htm (the auditor)\n- https://mcp.us-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://investors.navan.com/stock/analyst-coverage (coverage)\n- https://mcp.us-cm-kg.ai/record/NASDAQ/NAVN (the record)\n",
 "market": "US",
 "node": "us-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [
    "2021",
    "2025",
    "2026"
   ],
   "live_record_began": "2026-09-12",
   "node_history_from": "2021-01-04",
   "node_years_sealed": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
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   "record_version": 1,
   "sealed": true
  },
  "auditor": {
   "auditor": {
    "read_by": "EDGAR 10-K cover page iXBRL tag (dei:AuditorName, dei:AuditorLocation, dei:AuditorFirmId, dei:DocumentPeriodEndDate)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/Archives/edgar/data/1639723/000162828026023250/navn-20260131.htm",
    "state": "sourced",
    "value": "PricewaterhouseCoopers LLP"
   },
   "auditor_firm_id": {
    "read_by": "EDGAR 10-K cover page iXBRL tag (dei:AuditorName, dei:AuditorLocation, dei:AuditorFirmId, dei:DocumentPeriodEndDate)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/Archives/edgar/data/1639723/000162828026023250/navn-20260131.htm",
    "state": "sourced",
    "value": "238"
   },
   "auditor_location": {
    "read_by": "EDGAR 10-K cover page iXBRL tag (dei:AuditorName, dei:AuditorLocation, dei:AuditorFirmId, dei:DocumentPeriodEndDate)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/Archives/edgar/data/1639723/000162828026023250/navn-20260131.htm",
    "state": "sourced",
    "value": "San Jose, California"
   },
   "changes": []
  },
  "cmr": "us-cm-kg/NASDAQ/NAVN",
  "coverage": {
   "count": 15,
   "houses": [
    {
     "analyst": "Nafeesa Gupta",
     "house": "BofA",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://investors.navan.com/stock/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Daniel Jester",
     "house": "BMO Capital Markets",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://investors.navan.com/stock/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Andrew Degasperi",
     "house": "BNP",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://investors.navan.com/stock/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Jake Fuller",
     "house": "BTIG",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://investors.navan.com/stock/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Steve Enders",
     "house": "Citi",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://investors.navan.com/stock/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Pat Walravens",
     "house": "Citizens",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://investors.navan.com/stock/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Gabriela Borges",
     "house": "Goldman Sachs",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://investors.navan.com/stock/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Samad Samana",
     "house": "Jefferies",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://investors.navan.com/stock/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Mark Schappel",
     "house": "Loop Capital",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://investors.navan.com/stock/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Siti Panigrahi",
     "house": "Mizuho",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://investors.navan.com/stock/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Chris Quintero",
     "house": "Morgan Stanley",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://investors.navan.com/stock/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Scott Berg",
     "house": "Needham",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://investors.navan.com/stock/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Jed Kelly",
     "house": "Oppenheimer",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://investors.navan.com/stock/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Blair Abernethy",
     "house": "Rosenblatt",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://investors.navan.com/stock/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Jared Levine",
     "house": "TD Cowen",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://investors.navan.com/stock/analyst-coverage",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://investors.navan.com/stock/analyst-coverage",
     "result": "read: 15 of 30 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-11",
   "since": "not stated on the page read",
   "state": "found"
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  "disclosure": {
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     "median_filings": 52,
     "median_latency_days": 5,
     "name": "NASDAQ"
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     "median_filings": 62.5,
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     "name": "7372 Services-Prepackaged Software"
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    "director_change": 3,
    "directors_dealings": 67,
    "regulatory_filing": 36,
    "results": 8
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   "latest": [
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     "date": "2026-11-03",
     "source": "https://www.sec.gov/Archives/edgar/data/1639723/000162828026069728/xslF345X06/wk-form4_1793753286.xml",
     "title": "4 — FORM 4",
     "type": "directors_dealings"
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     "date": "2026-11-02",
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     "title": "144",
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    {
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     "date": "2026-10-09",
     "source": "https://www.sec.gov/Archives/edgar/data/1639723/000162828026065496/navn-20261005.htm",
     "title": "8-K — 8-K (items 1.01,2.03)",
     "type": "corporate_news"
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     "source": "https://www.sec.gov/Archives/edgar/data/1639723/000208510526000015/xslF345X06/form4-09232026_110904.xml",
     "title": "4",
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     "source": "https://www.sec.gov/Archives/edgar/data/1639723/000208507726000023/xslF345X06/form4-09232026_110949.xml",
     "title": "4",
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   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.us-cm-kg.ai/events/NASDAQ/NAVN",
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    "value": "NASDAQ"
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    "read_date_basis": "the record version as_of",
    "source": "https://mapping.gleif.org/api/v2/isin-lei/latest",
    "state": "sourced",
    "value": "US6391931010"
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    "state": "sourced",
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    "value": "254900RHRK35UPHTGY05"
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    "state": "sourced",
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     "source": "https://www.sec.gov/Archives/edgar/data/1639723/000162828025046815/navan-8xa.htm",
     "title": "8-A12B — 8-A12B"
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    {
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     "source": "https://www.sec.gov/Archives/edgar/data/1639723/000135445725001071/NAVN_8A_Cert_1639723.pdf",
     "title": "CERT"
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     "source": "https://www.sec.gov/Archives/edgar/data/1639723/000162828025047029/navan-8xaamended.htm",
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    }
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 },
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 "sections": [
  {
   "id": "identity",
   "text": "The issuer is Navan, Inc., listed on NASDAQ under ticker NAVN, with ISIN US6391931010 and LEI 254900RHRK35UPHTGY05. Its security type is Corporate and its sector is 7372 Services-Prepackaged Software. Its jurisdiction is the United States, Delaware. Its segment is not on the record. Its listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 118 filings in the window 2025-11-08 to 2026-11-08, across 52 filing days. The median gap between filing days is 4 days. The latest filing is dated 2026-11-03, 5 days before the record date of 2026-11-08, and is of type directors_dealings. The exchange median is 52 filings, a cadence gap of 6.0 days and a latency of 5.0 days across 4359 issuers. The sector median is 62.5 filings, a cadence gap of 5.0 days and a latency of 4.5 days across 266 issuers. The issuer's 118 filings are above the exchange median of 52 and above the sector median of 62.5.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is PricewaterhouseCoopers LLP, located in San Jose, California. The record holds no auditor changes.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "The record holds three listing lines, dated 2025-10-28, 2025-10-29 and 2025-10-29. It holds no delisting and no name change. The domicile change is not on the record. The segment move is not on the record. The halt flag reads listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome is not determinable under rule version acm-68000/us/reasonable-basis-suitability-finra-rule-2111/r1, as of 2026-11-04. The chapter's orderability section carries no client categories, so the outcome cannot name its client category.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The issuer's investor-relations page names 15 research houses: BofA, BMO Capital Markets, BNP, BTIG, Citi, Citizens, Goldman Sachs, Jefferies, Loop Capital, Mizuho, Morgan Stanley, Needham, Oppenheimer, Rosenblatt and TD Cowen.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found on the record.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The issuer is held in sealed years 2021, 2025 and 2026. The market's earliest sealed date is 2021-01-04. The live record began on 2026-09-12. The market's vintage is sealed.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "10 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
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  {
   "for": "the record",
   "source": "https://mcp.us-cm-kg.ai/record/NASDAQ/NAVN"
  }
 ],
 "title": "Navan, Inc. (NAVN) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}