Navient Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Interest Income	1,502	1,502	1,481	1,562	1,489	1,395
Net Interest Income Growth	2.28%	1.42%	-5.21%	4.93%	6.74%	-5.76%
Non-Interest Income	461.1	482.57	368.27	247.12	334.64	632.45
Non-Interest Income Growth	15.23%	31.04%	49.03%	-26.15%	-47.09%	90.81%
Revenues Before Loan Losses	1,963	1,984	1,849	1,809	1,823	2,027
Provision for Credit Losses	297.94	332.69	408.52	345.46	633.45	-32.96
Revenue	1,665	1,652	1,441	1,464	1,190	2,060
Revenue Growth (YoY)	14.93%	14.66%	-1.59%	23.02%	-42.24%	19.89%
Compensation Expenses	358.43	345.81	349.39	326.55	270.35	258.32
Selling, General & Admin	26.33	34.29	51.61	45.77	20.94	23.37
Other Non-Interest Expenses	290.88	279.04	240.91	313.25	267.95	238.22
Total Non-Interest Expense	675.64	659.14	641.9	685.57	559.24	519.91
Pretax Income	989.8	992.56	798.64	778.3	630.73	1,540
Provision for Income Taxes	241.54	247.72	190.31	196.91	161.71	379.75
Net Income	732.94	729.12	590.03	563.69	459.99	1,156
Net Income Attributable to Preferred Dividends	15.32	15.73	18.3	17.71	9.03	4.74
Net Income to Common	732.94	729.12	590.03	563.69	459.99	1,156
Net Income Growth	21.08%	23.57%	4.67%	22.54%	-60.20%	32.70%
Shares Outstanding (Basic)	205	207	216	231	258	315
Shares Outstanding (Diluted)	207	211	220	234	262	320
Shares Change (YoY)	-4.68%	-4.10%	-6.04%	-10.49%	-18.26%	-17.38%
EPS (Basic)	3.65	3.52	2.73	2.44	1.78	3.67
EPS (Diluted)	3.61	3.46	2.68	2.41	1.76	3.61
EPS Growth	29.86%	29.10%	11.20%	36.93%	-51.25%	60.44%
Shares Outstanding	188.58	199.27	210.4	220.34	240.68	278.96
Free Cash Flow	-328.49	-398.58	-329.4	-144.64	4.99	-49.52
Free Cash Flow Per Share	-1.59	-1.89	-1.50	-0.62	0.02	-0.15
Dividends Per Share	-	0.640	0.640	0.640	0.640	0.640
Gross Margin	22.98%	22.25%	20.47%	23.47%	21.05%	40.18%
Profit Margin	14.28%	14.18%	11.61%	11.21%	11.54%	32.66%
FCF Margin	-6.27%	-7.59%	-6.29%	-2.79%	0.12%	-1.39%
Effective Tax Rate	24.40%	24.96%	23.83%	25.30%	25.64%	24.65%

Updated Mar 31, 2026. Data Source: Fiscal.ai. financials template. Financial Sources.

SEC Filings: 10-K · 10-Q