Navan Inc.
(NASDAQ:NAVN) stock jumped in premarket trading Thursday after the travel and expense management platform reported first-quarter fiscal 2027 results that topped Wall Street estimates and raised its full-year outlook.
Revenue Growth Accelerates Revenue rose 40% year over year to $220.2 million, beating analyst estimates of $205.3 million.
The growth was driven by strength across regions, customer segments and sales channels.
Gross bookings climbed 50% to $3.1 billion as corporate travel demand remained strong.
