Navient Corporation SR NT 6% 121543
NASDAQ: JSM · OTHER · OTHER
Updated 2026-06-03
Navient Corporation SR NT 6% 121543 (JSM) Financial statements
SEC filings — annual and quarterly data.
Margin trends — annual
| Year | Revenue | Net income | Gross margin | Op. margin | Profit margin |
|---|---|---|---|---|---|
| 2006 | $553.54M | $1.16B | 100.00% | 360.46% | 209.01% |
| 2007 | $437.10M | $-896.39M | 100.00% | -110.23% | -205.08% |
| 2008 | $261.82M | $-212.63M | 100.00% | -143.71% | -81.21% |
| 2009 | $295.30M | $324.99M | 100.00% | 163.45% | 110.05% |
| 2010 | $404.93B | $526.54M | 100.00% | 147.56% | 0.13% |
| 2011 | $64.00M | $633.00M | 100.00% | 989.06% | 989.06% |
| 2012 | $2.43B | $921.00M | 100.00% | 58.49% | 37.96% |
| 2013 | $3.41B | $1.29B | 100.00% | 69.10% | 37.84% |
| 2014 | $4.73B | $1.13B | 79.13% | 24.29% | 23.91% |
| 2015 | $4.29B | $983.00M | 78.63% | 23.19% | 22.89% |
| 2016 | $4.15B | $681.00M | 77.06% | 16.43% | 16.43% |
| 2017 | $4.38B | $292.00M | 77.96% | 6.66% | 6.66% |
| 2018 | $4.91B | $395.00M | 79.95% | 59.90% | 8.05% |
| 2019 | $4.67B | $597.00M | 78.94% | 57.89% | 12.78% |
| 2020 | $3.30B | $412.00M | 70.77% | 41.54% | 12.49% |
| 2021 | $2.27B | $717.00M | 63.42% | 74.96% | 31.56% |
| 2022 | $1.66B | $645.00M | 100.00% | 73.22% | 38.90% |
| 2023 | $1.16B | $228.00M | 30.80% | 65.31% | 19.72% |
| 2024 | $3.81B | $131.00M | 91.70% | 73.85% | 3.44% |
| 2025 | $3.11B | $-80.00M | 95.21% | 81.66% | -2.57% |
Frequently asked questions
How profitable is JSM?
In its most recent fiscal year, JSM ran a gross margin of 95.21%, an operating margin of 81.66%, and a net margin of -2.57%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does JSM generate?
JSM produced $441.00M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is JSM's balance sheet healthy?
JSM holds $2.10B in cash and equivalents against — in long-term debt, on $2.40B of shareholder equity. That debt is best read against the cash flow the business throws off each year.