Navient Corporation (NAVI) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	2.9B	3.2B	4.2B	4.8B	3.8B
Cost of Revenue	1.5B	421.0M	3.4B	3.7B	2.2B
Gross Profit	1.5B	2.8B	848.0M	1.2B	1.7B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	121.0M	—	316.0M	401.0M	444.0M
General & Admin Expense	121.0M	—	316.0M	401.0M	444.0M
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	238.0M	317.0M	358.0M	442.0M	387.0M
Total Operating Expenses	359.0M	317.0M	674.0M	843.0M	831.0M
Cost and Expenses	1.8B	738.0M	4.1B	4.5B	3.0B
Operating Income (EBIT)	1.1B	2.5B	174.0M	313.0M	827.0M
Non-Operating
Interest Income	2.9B	3.1B	3.8B	4.4B	3.2B
Interest Expense	2.4B	2.6B	3.3B	3.6B	2.1B
Net Interest Income	516.0M	526.0M	536.0M	862.0M	1.1B
Other Non-Op Income/Expense	(1.1B)	(2.6B)	—	—	—
Non-Operating Income (excl Interest)	15.0M	20.0M	—	—	—
EBT (Pre-Tax Income)	(53.0M)	(111.0M)	174.0M	313.0M	827.0M
Income Tax Expense	(4.0M)	(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	($0.49)	($0.81)	$1.20	$1.87	$4.54
Diluted EPS	($0.50)	($0.81)	$1.18	$1.85	$4.48
Revenue Per Share	$30.93	$32.62	$38.84	$39.64	$27.02
Shares
Basic Shares Outstanding	95.0M	99.0M	109.0M	122.0M	142.1M
Diluted Shares Outstanding	96.0M	99.0M	111.0M	123.0M	144.0M
Profitability Metrics
EBITDA	1.1B	2.5B	174.0M	313.0M	827.0M
D&A	5.0M	3.0M	—	—	—
EBIT	1.1B	2.5B	174.0M	313.0M	827.0M

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