SLM Corporation (SLM) quarterly income statement — complete revenue, gross profit & net income history
SLM Corporation (SLM) annual income statement — 30-year revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | 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 |
|---|
| Net Interest Income | 339.32M | 332.82M | 375.41M | 377.06M | 372.98M | 376.82M | 374.97M | 362.19M | 359.4M | 372.17M | 387.02M | 385.89M | 384.63M | 386.63M | 405.07M | 381.43M | 369.51M | 362.81M | 375.03M | 367.35M |
| NII Growth % | -9.02% | -11.68% | 0.12% | 4.1% | 3.78% | 1.25% | -3.11% | -6.14% | -6.56% | -3.74% | -4.46% | 1.17% | 4.09% | 6.57% | 8.01% | 3.83% | 3.35% | 7.09% | 13.26% | 0.22% |
| Net Interest Margin % | 1.14% | 1.16% | 1.28% | 1.27% | 1.26% | 1.27% | 1.3% | 1.2% | 1.2% | 1.29% | 1.37% | 1.32% | 1.31% | 1.4% | 1.38% | 1.32% | 1.27% | 1.32% | 1.29% | 1.26% |
| Interest Income | 616.48M | 602.05M | 649.31M | 656.82M | 657.59M | 656.76M | 656.09M | 661.37M | 652.64M | 641.48M | 663.56M | 668.55M | 652.25M | 633.9M | 637.6M | 583.6M | 519.91M | 463.03M | 465.04M | 458.44M |
| Interest Expense | 277.16M | 269.23M | 273.9M | 279.76M | 284.61M | 279.94M | 281.12M | 299.18M | 293.24M | 269.3M | 276.54M | 282.66M | 267.62M | 247.27M | 232.53M | 202.17M | 150.4M | 100.22M | 90.01M | 91.09M |
| Loan Loss Provision | 213.68M | 125.66M | -11.47M | -18.78M | 179.46M | 148.72M | 23.29M | 108.18M | 271.46M | 16.83M | 12.04M | 15.6M | 198.02M | 17.73M | 114.11M | 297.26M | 207.6M | 30.55M | 98.05M | -15.31M |
| Non-Interest Income | 36.15M | 68.29M | 184.58M | 77.05M | 172.7M | 26.78M | 206.04M | 27.78M | 24.52M | 141.81M | 174.16M | 57.11M | 24.24M | 144.05M | 21.71M | -40.64M | 95.1M | 258.25M | 21.93M | 155.54M |
| Non-Interest Income % | 9.63% | 17.02% | 32.96% | 16.97% | 31.65% | 6.63% | 35.46% | 7.12% | 6.39% | 27.59% | 31.03% | 12.89% | 5.93% | 27.14% | 5.09% | -11.93% | 20.47% | 41.58% | 5.52% | 29.75% |
| Total Net Revenue | 375.47M | 401.11M | 559.99M | 454.1M | 545.68M | 403.6M | 581.01M | 389.97M | 383.93M | 513.98M | 561.17M | 443M | 408.87M | 530.68M | 426.78M | 340.79M | 464.61M | 621.06M | 396.96M | 522.89M |
| Revenue Growth % | -31.19% | -0.62% | -3.62% | 16.45% | 42.13% | -21.48% | 3.54% | -11.97% | -6.1% | -3.15% | 31.49% | 29.99% | -12% | -14.55% | 7.51% | -34.83% | 25.09% | 58.79% | -46.68% | 42.3% |
| Non-Interest Expense | 220.7M | 194.98M | 171.1M | 156.89M | 180.4M | 167.24M | 154.61M | 149.63M | 172.02M | 158.6M | 161.65M | 202.11M | 170.24M | 156.41M | 156.81M | 140.06M | 152.29M | 134.15M | 132.74M | 128.28M |
| Efficiency Ratio | 58.78% | 48.61% | 30.55% | 34.55% | 33.06% | 41.44% | 26.61% | 38.37% | 44.81% | 30.86% | 28.81% | 45.62% | 41.64% | 29.47% | 36.74% | 41.1% | 32.78% | 21.6% | 33.44% | 24.53% |
| Operating Income | -58.91M | 80.46M | 400.35M | 316M | 185.81M | 87.63M | 403.12M | 132.17M | -59.56M | 338.55M | 387.49M | 225.29M | 40.61M | 356.55M | 155.86M | -96.53M | 104.72M | 456.37M | 166.17M | 409.93M |
| Operating Margin % | -15.69% | 20.06% | 71.49% | 69.59% | 34.05% | 21.71% | 69.38% | 33.89% | -15.51% | 65.87% | 69.05% | 50.85% | 9.93% | 67.19% | 36.52% | -28.33% | 22.54% | 73.48% | 41.86% | 78.4% |
| Operating Income Growth % | -131.7% | -8.19% | -0.69% | 139.09% | 411.97% | -74.11% | 4.03% | -41.33% | -246.68% | -5.05% | 148.62% | 333.37% | -61.22% | -21.87% | -6.21% | -123.55% | 13.54% | 136% | -80.33% | -26.8% |
| Pretax Income | -58.91M | 80.46M | 400.35M | 316M | 185.81M | 87.63M | 403.12M | 132.17M | -59.56M | 338.55M | 387.49M | 225.29M | 40.61M | 356.55M | 155.86M | -96.53M | 104.72M | 456.37M | 166.17M | 409.93M |
| Pretax Margin % | -15.69% | 20.06% | 71.49% | 69.59% | 34.05% | 21.71% | 69.38% | 33.89% | -15.51% | 65.87% | 69.05% | 50.85% | 9.93% | 67.19% | 36.52% | -28.33% | 22.54% | 73.48% | 41.86% | 78.4% |
| Income Tax | -26.65M | 21.94M | 92.4M | 82.81M | 49.96M | 16.36M | 98.58M | 20.61M | -14.41M | 86.55M | 97.55M | 56.84M | 11.24M | 91.48M | 37.34M | -19.49M | 29.55M | 114.3M | 37.36M | 103.66M |
| Effective Tax Rate % | 45.24% | 27.26% | 23.08% | 26.21% | 26.89% | 18.67% | 24.45% | 15.6% | 24.19% | 25.57% | 25.18% | 25.23% | 27.68% | 25.66% | 23.96% | 20.19% | 28.22% | 25.04% | 22.48% | 25.29% |
| Net Income | -32.26M | 58.52M | 307.95M | 233.19M | 135.85M | 71.27M | 304.54M | 111.55M | -45.15M | 251.99M | 289.93M | 168.44M | 29.36M | 265.06M | 118.52M | -77.04M | 75.17M | 342.07M | 128.81M | 306.26M |
| Net Margin % | -8.59% | 14.59% | 54.99% | 51.35% | 24.9% | 17.66% | 52.42% | 28.61% | -11.76% | 49.03% | 51.67% | 38.02% | 7.18% | 49.95% | 27.77% | -22.61% | 16.18% | 55.08% | 32.45% | 58.57% |
| Net Income Growth % | -123.75% | -17.89% | 1.12% | 109.04% | 400.87% | -71.72% | 5.04% | -33.77% | -253.76% | -4.93% | 144.63% | 318.63% | -60.94% | -22.51% | -7.99% | -125.16% | 3.2% | 143.99% | -79.91% | -29.22% |
| Net Income (Continuing) | -32.26M | 58.52M | 307.95M | 233.19M | 135.85M | 71.27M | 304.54M | 111.55M | -45.15M | 251.99M | 289.93M | 168.44M | 29.36M | 265.06M | 118.52M | -77.04M | 75.17M | 342.07M | 128.81M | 306.26M |
| EPS (Diluted) | -0.19 | 0.29 | 1.54 | 1.11 | 0.63 | 0.32 | 1.40 | 0.50 | -0.23 | 1.11 | 1.27 | 0.72 | 0.11 | 1.10 | 0.47 | -0.33 | 0.30 | 1.29 | 0.45 | 1.05 |
| EPS Growth % | -130.16% | -9.38% | 10% | 122% | 373.91% | -71.17% | 10.24% | -30.56% | -309.09% | 0.91% | 170.21% | 318.18% | -63.33% | -14.73% | 4.44% | -131.43% | 25% | 193.18% | -74.29% | -7.89% |
| EPS (Basic) | -0.19 | 0.29 | 1.56 | 1.13 | 0.64 | 0.32 | 1.43 | 0.51 | -0.23 | 1.13 | 1.29 | 0.73 | 0.11 | 1.11 | 0.47 | -0.33 | 0.29 | 1.30 | 0.46 | 1.06 |
| Diluted Shares Outstanding | 185.57M | 188.58M | 197.88M | 207.16M | 207.14M | 209.28M | 214.99M | 216.22M | 214.87M | 222.47M | 223.84M | 226.55M | 226.12M | 237.59M | 243.55M | 244.62M | 253.72M | 264.12M | 280.65M | 292.76M |