Navient Corporation (NAVI) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 131M | 673M | -7M | 119M | 126M | 206M | 135M | 233M | 275M | 175M | 350M | 296M | 336M | 315M | 362M | 437M | 544M | 515M | 492M | 511M |
| Gross Margin % | 18.85% | 88.44% | -0.88% | 14.76% | 15.22% | 21.09% | 13.43% | 21.38% | 23.67% | 15.2% | 26.9% | 24.14% | 28.99% | 27.8% | 35.11% | 52.91% | 64.08% | 61.24% | 58.57% | 60.19% |
| Gross Profit Growth % | 3.97% | 226.7% | -105.19% | -48.93% | -54.18% | 17.71% | -61.43% | -21.28% | -18.15% | -44.44% | -3.31% | -32.27% | -38.24% | -38.83% | -26.42% | -14.48% | -27.85% | 0% | -1.4% | 31.36% |
| Operating Expenses | 120M | 47M | 110M | 101M | 131M | 180M | 123M | 185M | 187M | 211M | 240M | 200M | 192M | 201M | 225M | 193M | 212M | 524M | 272M | 271M |
| OpEx % of Revenue | 17.27% | 6.18% | 13.75% | 12.53% | 15.82% | 18.42% | 12.24% | 16.97% | 16.09% | 18.33% | 18.45% | 16.31% | 16.57% | 17.74% | 21.82% | 23.37% | 24.97% | 62.31% | 32.38% | 31.92% |
| Selling, General & Admin | 89M | 0 | 32M | 35M | 49M | 57M | 72M | 87M | 101M | 99M | 99M | 98M | 105M | 107M | 106M | 110M | 120M | 136M | 141M | 142M |
| SG&A % of Revenue | 12.81% | - | 4% | 4.34% | 5.92% | 5.83% | 7.16% | 7.98% | 8.69% | 8.6% | 7.61% | 7.99% | 9.06% | 9.44% | 10.28% | 13.32% | 14.13% | 16.17% | 16.79% | 16.73% |
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | 11M | 626M | -117M | 18M | -5M | 26M | 12M | 48M | 88M | -36M | 110M | 96M | 144M | 114M | 137M | 244M | 332M | -9M | 220M | 240M |
| Operating Margin % | 1.58% | 82.26% | -14.63% | 2.23% | -0.6% | 2.66% | 1.19% | 4.4% | 7.57% | -3.13% | 8.46% | 7.83% | 12.42% | 10.06% | 13.29% | 29.54% | 39.1% | -1.07% | 26.19% | 28.27% |
| Operating Income Growth % | 320% | 2307.69% | -1075% | -62.5% | -105.68% | 172.22% | -89.09% | -50% | -38.89% | -131.58% | -19.71% | -60.66% | -56.63% | 1366.67% | -37.73% | 1.67% | -31.41% | -103.85% | -15.06% | 41.18% |
| EBITDA | 15M | 627M | -117M | 19M | -5M | 26M | 12M | 48M | 88M | -36M | 110M | 96M | 144M | 114M | 137M | 244M | 332M | -9M | 220M | 240M |
| EBITDA Margin % | 2.16% | 82.39% | -14.63% | 2.36% | -0.6% | 2.66% | 1.19% | 4.4% | 7.57% | -3.13% | 8.46% | 7.83% | 12.42% | 10.06% | 13.29% | 29.54% | 39.1% | -1.07% | 26.19% | 28.27% |
| EBITDA Growth % | 400% | 2311.54% | -1075% | -60.42% | -105.68% | 172.22% | -89.09% | -50% | -38.89% | -131.58% | -19.71% | -60.66% | -56.63% | 1366.67% | -37.73% | 1.67% | -31.41% | -103.85% | -15.06% | 41.18% |
| D&A (Non-Cash Add-back) | 4M | 1M | 0 | 1M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EBIT | 11M | 614M | -117M | 18M | -5M | 26M | 12M | 48M | 88M | -36M | 110M | 96M | 144M | 114M | 137M | 244M | 332M | -9M | 220M | 240M |
| Net Interest Income | 131M | 125M | 142M | 128M | 130M | 135M | 120M | 130M | 152M | 160M | 291M | 178M | 234M | 223M | 240M | 321M | 337M | 314M | 334M | 322M |
| Interest Income | 695M | 746M | 781M | 778M | 802M | 861M | 948M | 973M | 1.03B | 1.08B | 1.17B | 1.1B | 1.07B | 1.02B | 881M | 692M | 626M | 635M | 660M | 661M |
| Interest Expense | 564M | 621M | 639M | 650M | 672M | 726M | 828M | 843M | 875M | 921M | 879M | 919M | 837M | 801M | 641M | 371M | 289M | 321M | 326M | 339M |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | 32M | -7M | -117M | 18M | -5M | 26M | 12M | 48M | 88M | -36M | 110M | 96M | 144M | 114M | 137M | 244M | 332M | -9M | 220M | 240M |
| Pretax Margin % | 4.6% | -0.92% | -14.63% | 2.23% | -0.6% | 2.66% | 1.19% | 4.4% | 7.57% | -3.13% | 8.46% | 7.83% | 12.42% | 10.06% | 13.29% | 29.54% | 39.1% | -1.07% | 26.19% | 28.27% |
| Income Tax | 15M | -2M | -31M | 4M | -3M | 2M | 14M | 12M | 15M | -8M | 31M | 30M | 33M | 9M | 32M | 64M | 77M | 2M | 47M | 55M |
| Effective Tax Rate % | 46.88% | 28.57% | 26.5% | 22.22% | 60% | 7.69% | 116.67% | 25% | 17.05% | 22.22% | 28.18% | 31.25% | 22.92% | 7.89% | 23.36% | 26.23% | 23.19% | -22.22% | 21.36% | 22.92% |
| Net Income | 17M | -5M | -86M | 14M | -2M | 24M | -2M | 36M | 73M | -28M | 79M | 66M | 111M | 105M | 105M | 180M | 255M | -11M | 173M | 185M |
| Net Margin % | 2.45% | -0.66% | -10.75% | 1.74% | -0.24% | 2.46% | -0.2% | 3.3% | 6.28% | -2.43% | 6.07% | 5.38% | 9.58% | 9.27% | 10.18% | 21.79% | 30.04% | -1.31% | 20.6% | 21.79% |
| Net Income Growth % | 950% | -120.83% | -4200% | -61.11% | -102.74% | 185.71% | -102.53% | -45.45% | -34.23% | -126.67% | -24.76% | -63.33% | -56.47% | 1054.55% | -39.31% | -2.7% | -31.08% | -105.95% | -16.43% | 48% |
| Net Income (Continuing) | 17M | -5M | -86M | 14M | -2M | 24M | -2M | 36M | 73M | -28M | 79M | 66M | 111M | 105M | 105M | 180M | 255M | -11M | 173M | 185M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6M | 11M | 11M | 11M |
| EPS (Diluted) | 0.17 | -0.06 | -0.87 | 0.14 | -0.02 | 0.22 | -0.02 | 0.32 | 0.64 | -0.25 | 0.65 | 0.53 | 0.85 | 0.78 | 0.74 | 1.22 | 1.67 | -0.07 | 1.04 | 1.05 |
| EPS Growth % | 967.35% | -127.27% | -4602.7% | -56.25% | -103.06% | 188% | -102.85% | -39.62% | -24.71% | -132.05% | -12.16% | -56.56% | -49.1% | 1212.7% | -28.85% | 16.19% | -16.5% | -107.08% | -2.8% | 64.06% |
| EPS (Basic) | 0.18 | -0.06 | -0.87 | 0.14 | -0.02 | 0.23 | -0.02 | 0.32 | 0.65 | -0.25 | 0.66 | 0.53 | 0.86 | 0.79 | 0.76 | 1.23 | 1.69 | -0.07 | 1.05 | 1.07 |
| Diluted Shares Outstanding | 96M | 83.33M | 98.85M | 101M | 102M | 109M | 108M | 112M | 114M | 122M | 121M | 125M | 130M | 134M | 141M | 147M | 153M | 153.74M | 167M | 176M |
| Basic Shares Outstanding | 95M | 83.33M | 98.85M | 100M | 102M | 109M | 108M | 111M | 113M | 122M | 120M | 124M | 129M | 132.91M | 139M | 146M | 151M | 151.1M | 165M | 174M |
| Dividend Payout Ratio | - | - | - | 114.29% | - | 70.83% | - | 47.22% | 24.66% | - | 24.05% | 28.79% | 18.92% | 20.95% | 20.95% | 12.78% | 9.41% | - | 15.03% | 14.59% |