Earnings Call Insights: Navan, Inc. (NAVN) Q4 2026 Management View Ariel Cohen, Co-Founder, CEO & Chairman, highlighted "we are doing it. We just closed a very good Q4 and a year with incredible results. Our NPS in Q4 is at 47%. This is all-time high. Our CSAT is at 96% and maintained very high." Cohen pointed to "35% Q4 year-over-year revenue growth and the non-GAAP operating profit in the quarte...
Earnings Call Insights: Navan, Inc. (NAVN) Q4 2026 Management View Ariel Cohen, Co-Founder, CEO & Chairman, highlighted "we are doing it. We just closed a very good Q4 and a year with incredible results. Our NPS in Q4 is at 47%. This is all-time high. Our CSAT is at 96% and maintained very high." Cohen pointed to "35% Q4 year-over-year revenue growth and the non-GAAP operating profit in the quarter" as demonstration of strong execution, adding "we signed net new GBV that is over 50% more compared to the Q4 in the previous year." Cohen announced "we actually turned free cash flow positive for the first time in our history and a year ahead of our plan." Cohen described the launch of Navan Edge, the company’s new AI-driven executive travel assistant, targeting a $57 billion market. Cohen said, "we also recently announced the migration of the Reed & Mackay customers to our AI platform." For fiscal 2027, Cohen stated the company will focus on "high growth, scaling in all channels and with all of our offerings, accelerating our innovation, which means that we will continue to invest in AI and to release new products and capabilities using our AI platform." Aurelien Nolf, Chief Financial Officer, stated "Q4 revenue was $178 million, up 35% year-over-year, while our GBV reached $2.3 billion, up 42% year-over-year, a growth acceleration driven by an incredible go-to-market momentum and faster-than-expected enterprise onboarding and ramp." Nolf added, "Our non-GAAP operating margin was breakeven, a remarkable 1,100 basis points improvement over last year." Nolf addressed the $36.2 million noncash amortization charge due to retiring the Reed & Mackay brand for new sales, describing it as a "strategic onetime move." Nolf reported, "We ended the year with a very strong balance sheet, $741 million in cash and short-term investments against just $125 million in debt." Outlook Nolf provided guidance: "for the full year 2027, we expect revenue between $866 million and $874 million o...
designer491 KKR ( KKR ) has announced that it will sell CoolIT Systems, a leader in liquid cooling for data centers, to Ecolab ( ECL ) for $4.75 billion. This sale is one of KKR's largest recent deals, yielding about 15 times the original investment, and CoolIT employees will receive a significant cash payout from their ownership in the company. Mubadala Investment Company also served as a co-inve...
designer491 KKR ( KKR ) has announced that it will sell CoolIT Systems, a leader in liquid cooling for data centers, to Ecolab ( ECL ) for $4.75 billion. This sale is one of KKR's largest recent deals, yielding about 15 times the original investment, and CoolIT employees will receive a significant cash payout from their ownership in the company. Mubadala Investment Company also served as a co-investor in CoolIT. At the time of acquisition, CoolIT employees became owners through a broad-based ownership program, focusing on long-term value. With the sale, the 650 employees will receive cash payouts of about one to over eight years of pay and get pre-paid personal financial coaching and tax preparation services. CoolIT is a leader in liquid cooling, creating systems that support data center growth as AI needs rise. Liquid cooling uses 30-40% less energy and reduces water use compared to air cooling. Over 300 data centers worldwide utilize CoolIT's technologies for better energy efficiency and AI infrastructure. KKR acquired CoolIT in 2023 through its Global Impact Fund II, which aims to address global challenges with innovative solutions. In 2025, CoolIT's systems are estimated to have saved 2.18 billion kWh of energy. With KKR's support, CoolIT achieved important operational improvements and growth, emphasizing ownership, product innovation, and stronger relationships with hyperscale customers. Since 2023, the company has doubled its workforce, expanded its manufacturing to over 300,000 square feet, increased its coolant distribution unit capacity by 25 times, and set goals for around 4x revenue growth and 10x EBITDA growth by 2026. After the transaction closes, CoolIT’s leadership, led by CEO Jason Waxman, will stay in charge and continue to run the business under the CoolIT name. Since 2011, 85 KKR portfolio companies have given billions of dollars in equity to over 190,000 non-senior management employees globally. This deal marks KKR’s first broad-based ownership p...
MiTAC Computing Technology Corporation, a global leader in high-performance and energy-efficient server solutions, and a subsidiary of MiTAC Holdings Corporation (TWSE:3706), is highlighting its latest AI-ready infrastructure, OCP-compliant platforms, and liquid cooling innovations at CloudFest 2026 (Booth H15 & H16). The company is collaborating with industry leaders AMD and Intel to demonstrate ...
MiTAC Computing Technology Corporation, a global leader in high-performance and energy-efficient server solutions, and a subsidiary of MiTAC Holdings Corporation (TWSE:3706), is highlighting its latest AI-ready infrastructure, OCP-compliant platforms, and liquid cooling innovations at CloudFest 2026 (Booth H15 & H16). The company is collaborating with industry leaders AMD and Intel to demonstrate scalable solutions at both server and rack scale designed to support the growing demand for sustaina