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	Jun '26 Jun 30, 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	514	519	536	862	1,121	1,332
Net Interest Income Growth	0.19%	-3.17%	-37.82%	-23.10%	-15.84%	6.39%
Non-Interest Income	86	91	616	409	616	806
Non-Interest Income Growth	-62.11%	-85.23%	50.61%	-33.60%	-23.57%	87.44%
Revenues Before Loan Losses	600	610	1,152	1,271	1,737	2,138
Provision for Credit Losses	265	280	113	123	79	-61
Revenue	335	330	1,039	1,148	1,658	2,199
Revenue Growth	-42.83%	-68.24%	-9.50%	-30.76%	-24.60%	44.01%
Compensation Expenses	124	149	316	401	444	569
Selling, General & Admin	240	272	364	399	332	638
Other Non-Interest Expenses	24	20	185	35	55	56
Total Non-Interest Expense	493	862	1,545	1,635	1,607	2,470
Pretax Income	-53	-111	174	313	827	936
Provision for Income Taxes	-34	-31	43	85	182	219
Net Income	-135	-80	131	228	645	717
Net Income to Common	-135	-80	131	228	645	717
Net Income Growth	-	-	-42.54%	-64.65%	-10.04%	74.03%
Shares Outstanding (Basic)	96	99	109	122	142	170
Shares Outstanding (Diluted)	97	99	111	123	144	172
Shares Change	-7.66%	-10.81%	-9.76%	-14.58%	-16.28%	-11.79%
EPS (Basic)	-0.48	-0.81	1.20	1.87	4.54	4.23
EPS (Diluted)	-0.50	-0.81	1.18	1.85	4.49	4.18
EPS Growth	-	-	-36.22%	-58.80%	7.42%	97.17%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Free Cash Flow	340	441	459	676	305	702
Free Cash Flow Growth	74.36%	-3.92%	-32.10%	121.64%	-56.55%	-28.88%
Free Cash Flow Per Share	3.52	4.45	4.14	5.50	2.12	4.08
Dividends Per Share	0.640	0.640	0.640	0.640	0.640	0.640
Dividend Growth	0%	0%	0%	0%	0%	0%
Profit Margin	-40.30%	-24.24%	12.61%	19.86%	38.90%	32.61%
FCF Margin	101.49%	133.64%	44.18%	58.88%	18.40%	31.92%
Effective Tax Rate	64.15%	27.93%	24.71%	27.16%	22.01%	23.40%

SEC Filings: 10-K · 10-Q