Navan Tops Q2 Revenue Estimates With 35% Growth While Skillsoft Miss Triggers Sharp Selloff

A wave of corporate earnings releases hit after the market close on September 9, 2026, with Navan and Skillsoft drawing the sharpest investor reactions. Navan reported second-quarter revenue of $233 million, up 35% from a year earlier, beating the company's own guidance range of $219 million to $221 million as its AI-powered travel, payments and expense-management platform continued to attract enterprise customers. Despite the beat, Navan shares fell in after-hours trading, a reaction that mirrored skepticism about whether the company's full-year revenue target of $907 million to $913 million, representing roughly 30% annual growth, can be sustained.

Skillsoft's results landed more poorly. The corporate learning platform reported a revenue miss for its fiscal second quarter of 2027, prompting a sharp selloff in its shares after the close. The company has faced persistent revenue headwinds as discretionary demand for live training remains soft, a pressure it flagged in prior quarters as it works through a strategic transformation that has included the pending sale of its Global Knowledge business unit.

Elsewhere in the session, DocuSign, Asana, Genesco, Torrid, Lands' End, BRP, Toro and Navan also published earnings transcripts, pointing to a broad late-summer reporting calendar, though specific figures from those calls were not immediately detailed in available disclosures.