Navient Corporation (NAVI) — Financial statements
Income statement, balance sheet, and cash flow for Navient Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 3,229↓23.7% | 4,234↓12.4% | 4,836↑26.0% | 3,839↑8.8% | 3,527 | |
| Cost of Revenue | 421↓87.6% | 3,386↓8.0% | 3,680↑68.7% | 2,181↑73.8% | 1,255 | |
| Gross Profit | 2,808↑231.1% | 848↓26.6% | 1,156↓30.3% | 1,658↓27.0% | 2,272 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00↓100.0% | 316↓21.2% | 401↓9.7% | 444↓22.0% | 569 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 0.00↓100.0% | 316↓21.2% | 401↓9.7% | 444↓22.0% | 569 | |
| Other Expenses | 317↓11.5% | 358↓19.0% | 442↑14.2% | 387↓49.5% | 767 | |
| Operating Expenses | 317↓53.0% | 674↓20.0% | 843↑1.4% | 831↓37.8% | 1,336 | |
| Total Costs & Expenses | 738↓81.8% | 4,060↓10.2% | 4,523↑50.2% | 3,012↑16.2% | 2,591 | |
| Operating Results | ||||||
| Operating Income | 2,491↑1331.6% | 174↓44.4% | 313↓62.2% | 827↓11.6% | 936 | |
| Depreciation & Amortization | 3 | 0.00 | 0.00 | 0.00 | 0.00 | |
| EBITDA | 2,474↑1321.8% | 174↓44.4% | 313↓62.2% | 827↓11.6% | 936 | |
| EBIT | 2,471↑1320.1% | 174↓44.4% | 313↓62.2% | 827↓11.6% | 936 | |
| Interest & Other Income | ||||||
| Net Interest Income | 526↓1.9% | 536↓37.8% | 862↓23.1% | 1,121↓15.8% | 1,332 | |
| Interest Income | 3,108↓18.4% | 3,809↓13.8% | 4,419↑37.1% | 3,223↑21.7% | 2,648 | |
| Interest Expense | 2,582↓21.1% | 3,273↓8.0% | 3,557↑69.2% | 2,102↑59.7% | 1,316 | |
| Non-Operating Income | 20 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | -2,602 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | -111↓163.8% | 174↓44.4% | 313↓62.2% | 827↓11.6% | 936 | |
| Income Tax Expense | -31↓172.1% | 43↓49.4% | 85↓53.3% | 182↓16.9% | 219 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -80↓161.1% | 131↓42.5% | 228↓64.7% | 645↓10.0% | 717 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -80↓161.1% | 131↓42.5% | 228↓64.7% | 645↓10.0% | 717 | |
| Bottom-Line Net Income | -80↓161.1% | 131↓42.5% | 228↓64.7% | 645↓10.0% | 717 | |
| EPS (Basic) | -0.81↓167.5% | 1.20↓35.8% | 1.87↓58.8% | 4.54↑7.6% | 4.22 | |
| EPS (Diluted) | -0.81↓168.6% | 1.18↓36.2% | 1.85↓58.7% | 4.48↑7.4% | 4.17 | |
| Weighted Average Shares | 99↓9.2% | 109↓10.7% | 122↓14.1% | 142↓16.4% | 170 | |
| Weighted Average Diluted Shares | 99↓10.8% | 111↓9.8% | 123↓14.6% | 144↓16.3% | 172 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.