What changed
Navan printed Q2 FY27 adjusted EPS of $0.05 with revenue of $233M, up 35% YoY. Management raised its FY2027 revenue outlook to $0.9B and guided Q3 FY27 revenue to $0.3B. Strength was driven by record new signed GBV in the SLG business, up 60% YoY to $4.0B on a trailing-twelve-month basis.
Why it matters
Navan printed Q2 FY27 adjusted EPS of $0.05 with revenue of $233M, up 35% YoY. Management raised its FY2027 revenue outlook to $0.9B and guided Q3 FY27 revenue to $0.3B. Strength was driven by record new signed GBV in the SLG business, up 60% YoY to $4.0B on a trailing-twelve-month basis.