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