Navient Q2 net income rises to $25 million, or $0.26 per share, from $0.13 a year ago
Navient reported second-quarter 2026 GAAP net income of $25 million, or $0.26 per diluted share, up from $14 million, or $0.13, a year earlier. Core Earnings net income was $27 million, or $0.29 per diluted share, compared with $21 million, or $0.20, in the year-ago quarter. Higher profit reflects lower operating expenses, which fell 18% from a year ago, and lower provisions for loan losses, partly offset by a $6 million decline in net interest income.
Key points
- GAAP net income of $25 million ($0.26 diluted EPS) for the quarter ended June 30, 2026, versus $14 million ($0.13) a year earlier
- Core Earnings net income of $27 million ($0.29 diluted EPS), versus $21 million ($0.20) a year earlier
- Private Education Loan originations of $815 million, a 63% increase from a year ago; operating expenses of $82 million, down 18%
- Company repurchased $2 million of common shares and paid $15 million in common stock dividends during the quarter
The filing
Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.