Navient Corporation SR NT 6% 121543 (JSM) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	2.9B	3.1B	3.8B	1.2B	1.7B
Cost of Revenue	124.0M	149.0M	316.0M	800.0M	444.0M
Gross Profit	2.8B	3.0B	3.5B	356.0M	1.7B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	—	—	316.0M	401.0M	444.0M
General & Admin Expense	—	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	365.0M	421.0M	680.0M	—	—
Total Operating Expenses	365.0M	421.0M	680.0M	401.0M	444.0M
Cost and Expenses	489.0M	570.0M	996.0M	401.0M	444.0M
Operating Income (EBIT)	2.4B	2.5B	2.8B	755.0M	1.2B
Non-Operating
Interest Income	—	—	—	—	3.2B
Interest Expense	2.4B	2.6B	3.3B	3.6B	2.1B
Net Interest Income	(1.8B)	(2.6B)	(3.3B)	(3.6B)	1.1B
Other Non-Op Income/Expense	(2.5B)	(2.6B)	(2.6B)	(442.0M)	(387.0M)
Non-Operating Income (excl Interest)	—	—	(634.0M)	(755.0M)	(1.2B)
EBT (Pre-Tax Income)	(53.0M)	(111.0M)	174.0M	313.0M	827.0M
Income Tax Expense	(3.0M)	(31.0M)	43.0M	85.0M	182.0M
Bottom Line
Net Income	(49.0M)	(80.0M)	131.0M	228.0M	645.0M
Earnings from Cont. Ops	(49.0M)	(80.0M)	131.0M	228.0M	645.0M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(49.0M)	(80.0M)	131.0M	228.0M	645.0M
Per Share
Basic EPS	($0.48)	($0.82)	$1.20	$1.85	$4.49
Diluted EPS	($0.49)	($0.82)	$1.20	$1.85	$4.48
Revenue Per Share	$30.57	$31.71	$34.94	$9.40	$11.54
Shares
Basic Shares Outstanding	95.0M	98.0M	109.0M	123.0M	143.7M
Diluted Shares Outstanding	95.0M	98.0M	109.0M	123.0M	144.0M
Profitability Metrics
EBITDA	527.0M	3.0M	3.6B	1.5B	4.2B
D&A	5.0M	3.0M	146.0M	10.0M	14.0M
EBIT	522.0M	—	3.4B	1.5B	4.1B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026