Navient (NAVI)

Nasdaq Financials Consumer Finance S&P SmallCap 600

$8.42

-0.40 (-4.54%)

Close of Nov 06, 2026 · end-of-day data

Source: Navient's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024
Revenue	$359.00M	$391.00M	$388.00M	$507.00M	$332.00M	$321.00M	$271.00M
Interest expense	$3.67B	$3.49B	$2.05B	$1.32B	$2.10B	$3.56B	—
Pre-tax income	$528.00M	$763.00M	$532.00M	$936.00M	$827.00M	$313.00M	$174.00M
Income tax	$133.00M	$166.00M	$120.00M	$219.00M	$182.00M	$85.00M	$43.00M
Net income	$395.00M	$597.00M	$412.00M	$717.00M	$645.00M	$228.00M	$131.00M
EPS (basic)	$1.52	$2.59	$2.14	$4.23	$4.54	$1.87	$1.20
EPS (diluted)	$1.49	$2.56	$2.12	$4.18	$4.49	$1.85	$1.18
Diluted shares	264.00M	233.00M	195.00M	172.00M	144.00M	123.00M	111.00M
Net margin	110.0%	152.7%	106.2%	141.4%	194.3%	71.0%	48.3%

Balance sheet

fiscal years · USD

Fiscal year	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024
Cash & equivalents	$1.29B	$1.23B	$1.18B	$905.00M	$1.53B	$839.00M	$722.00M
Goodwill	$665.00M	$665.00M	$665.00M	$671.00M	$670.00M	$670.00M	$428.00M
Total assets	$104.18B	$94.90B	$87.41B	$80.61B	$70.80B	$61.38B	$51.79B
Short-term debt	$5.42B	$8.48B	$6.61B	$2.49B	$5.87B	$4.23B	$5.13B
Long-term debt	$93.52B	$81.72B	$77.33B	$74.49B	$61.03B	$53.40B	$43.18B
Total debt	$98.94B	$90.20B	$83.94B	$76.98B	$66.90B	$57.63B	$48.32B
Total liabilities	$100.63B	$91.55B	$84.97B	$78.00B	$67.82B	$58.62B	$49.15B
Shareholders' equity	$3.52B	$3.34B	$2.43B	$2.60B	$2.98B	$2.76B	$2.64B

Cash flow

fiscal years · USD

Fiscal year	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024
Operating cash flow	$1.14B	$1.02B	$987.00M	$702.00M	$305.00M	$676.00M	$459.00M
Free cash flow	$1.14B	$1.02B	$987.00M	$702.00M	$305.00M	$676.00M	$459.00M
Investing cash flow	$10.36B	$7.49B	$6.45B	$6.67B	$10.59B	$7.36B	$8.47B
Financing cash flow	-$10.88B	-$9.98B	-$7.68B	-$7.33B	-$9.66B	-$10.05B	-$9.62B
Dividends paid	$166.00M	$147.00M	$123.00M	$107.00M	$91.00M	$78.00M	$70.00M
Share buybacks	$220.00M	$440.00M	$400.00M	$600.00M	$400.00M	$310.00M	$179.00M
Stock-based compensation	$25.00M	$25.00M	$18.00M	$22.00M	$19.00M	$24.00M	$23.00M

Income statement

quarters · USD

Quarter ended	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Revenue	$95.00M	$87.00M	$79.00M	$71.00M	$72.00M	$83.00M	$85.00M	$81.00M	$77.00M	$81.00M	$70.00M	$43.00M
Interest expense	$289.00M	$371.00M	$641.00M	$801.00M	$837.00M	$919.00M	$879.00M	$921.00M	$875.00M	$843.00M	—	—
Pre-tax income	$332.00M	$244.00M	$137.00M	$114.00M	$144.00M	$96.00M	$110.00M	-$36.00M	$88.00M	$48.00M	$12.00M	$26.00M
Income tax	$77.00M	$64.00M	$32.00M	$9.00M	$33.00M	$30.00M	$31.00M	-$8.00M	$15.00M	$12.00M	$14.00M	$2.00M
Net income	$255.00M	$180.00M	$105.00M	$105.00M	$111.00M	$66.00M	$79.00M	-$28.00M	$73.00M	$36.00M	-$2.00M	$24.00M
EPS (basic)	$1.69	$1.23	$0.75	$0.83	$0.87	$0.53	$0.66	$-0.19	$0.65	$0.32	$-0.02	$0.23
EPS (diluted)	$1.67	$1.22	$0.75	$0.82	$0.86	$0.52	$0.65	$-0.19	$0.64	$0.32	$-0.02	$0.23
Diluted shares	153.00M	147.00M	141.00M	-3.00M	130.00M	125.00M	121.00M	-2.00M	114.00M	112.00M	108.00M	-1.00M
Net margin	268.4%	206.9%	132.9%	147.9%	154.2%	79.5%	92.9%	-34.6%	94.8%	44.4%	-2.9%	55.8%

Balance sheet

quarters · USD

Quarter ended	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Cash & equivalents	$708.00M	$976.00M	$1.36B	$1.53B	$570.00M	$1.32B	$977.00M	$839.00M	$823.00M	$1.09B	$1.14B	$722.00M
Goodwill	—	—	—	$670.00M	—	—	—	$670.00M	—	—	$428.00M	$428.00M
Total assets	$78.16B	$76.06B	$73.62B	$70.80B	$66.91B	$65.60B	$63.41B	$61.38B	$59.03B	$56.62B	$53.44B	$51.79B
Short-term debt	$3.80B	$4.61B	$5.68B	$5.87B	$5.75B	$4.84B	$4.66B	$4.23B	$4.43B	$5.33B	$5.30B	$5.13B
Long-term debt	$70.83B	$67.74B	$64.00B	$61.03B	$57.39B	$56.94B	$54.91B	$53.40B	$50.85B	$47.55B	$44.70B	$43.18B
Total debt	$74.63B	$72.35B	$69.67B	$66.90B	$63.14B	$61.77B	$59.57B	$57.63B	$55.27B	$52.87B	$50.00B	$48.32B
Total liabilities	$75.33B	$73.14B	$70.65B	$67.82B	$63.95B	$62.67B	$60.52B	$58.62B	$56.26B	$53.87B	$50.75B	$49.15B
Shareholders' equity	$2.82B	$2.93B	$2.97B	$2.98B	$2.96B	$2.93B	$2.90B	$2.76B	$2.77B	$2.75B	$2.69B	$2.64B

Cash flow

quarters · USD

Quarter ended	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Operating cash flow	-$109.00M	$139.00M	$68.00M	$207.00M	$145.00M	$99.00M	$122.00M	$310.00M	$182.00M	$279.00M	-$10.00M	$8.00M
Free cash flow	-$109.00M	$139.00M	$68.00M	$207.00M	$145.00M	$99.00M	$122.00M	$310.00M	$182.00M	$279.00M	-$10.00M	$8.00M
Investing cash flow	$1.75B	$2.21B	$2.86B	$3.77B	$1.85B	$1.83B	$1.66B	$2.02B	$2.33B	$3.27B	$1.96B	$907.00M
Financing cash flow	-$2.01B	-$2.12B	-$2.45B	-$3.08B	-$4.02B	-$1.44B	-$2.25B	-$2.34B	-$2.36B	-$2.49B	-$3.16B	-$1.60B
Dividends paid	$24.00M	$23.00M	$22.00M	$22.00M	$21.00M	$19.00M	$19.00M	$19.00M	$18.00M	$17.00M	$18.00M	$17.00M
Share buybacks	$115.00M	$105.00M	$95.00M	$85.00M	$85.00M	$80.00M	$75.00M	$70.00M	$43.00M	$38.00M	$33.00M	$65.00M
Stock-based compensation	$9.00M	$3.00M	$4.00M	$3.00M	$9.00M	$8.00M	$4.00M	$3.00M	$5.00M	$7.00M	$5.00M	$6.00M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.