NAVI
Navient Corp
NASDAQ: NAVI · FINANCIAL SERVICES · CREDIT SERVICES
$9.24
-2.84% today
Updated 2026-04-30
Market cap
$893.84M
P/E ratio
—
P/S ratio
2.72x
EPS (TTM)
$-0.62
Dividend yield
—
52W range
$8 – $15
Volume
1.0M
Navient Corp (NAVI) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.75B | $9.17B | $7.69B | $5.61B | $6.46B | $5.72B | $3.31B | $6.22B | $5.64B | $5.18B | $4.96B | $5.18B | $5.59B | $5.48B | $3.73B | $2.21B | $1.74B | $4.84B | $4.23B | $3.23B |
| Revenue growth (YoY) | — | +4.8% | -16.2% | -27.1% | +15.2% | -11.5% | -42.2% | +88.1% | -9.4% | -8.2% | -4.1% | +4.4% | +7.9% | -1.9% | -31.9% | -40.8% | -21.4% | +178.4% | -12.4% | -23.7% |
| Cost of revenue | $1.54B | $2.41B | $2.03B | $2.34B | $2.67B | $2.39B | $2.12B | $3.05B | $2.71B | $2.65B | $2.87B | $3.40B | $4.04B | $3.75B | $2.20B | $1.21B | $444.00M | $3.68B | $3.39B | $421.00M |
| Gross profit | $7.55B | $8.13B | $6.10B | $3.85B | $4.20B | $4.29B | $3.31B | $3.17B | $2.93B | $2.52B | $2.09B | $1.78B | $1.55B | $1.74B | $1.53B | $1.00B | $1.74B | $1.16B | $848.00M | $2.81B |
| Gross margin | 86.2% | 88.6% | 79.3% | 68.7% | 65.1% | 75.0% | 100.0% | 51.0% | 51.9% | 48.7% | 42.2% | 34.4% | 27.8% | 31.7% | 41.1% | 45.4% | 100.0% | 23.9% | 20.0% | 87.0% |
| R&D | — | — | — | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| SG&A | — | — | — | — | — | — | $457.00M | $504.00M | $479.00M | $467.00M | $500.00M | $519.00M | $507.00M | $488.00M | $497.00M | $569.00M | $444.00M | $401.00M | $316.00M | $149.00M |
| Operating income | $7.48B | $8.06B | $6.10B | $3.85B | $4.20B | $4.29B | $4.00B | $2.09B | $1.82B | $1.58B | $1.11B | $764.00M | $528.00M | $763.00M | $532.00M | $936.00M | $2.93B | $313.00M | $174.00M | $2.49B |
| Operating margin | 85.5% | 87.9% | 79.3% | 68.7% | 65.1% | 75.0% | 120.9% | 33.5% | 32.3% | 30.5% | 22.3% | 14.7% | 9.4% | 13.9% | 14.2% | 42.3% | 168.6% | 6.5% | 4.1% | 77.1% |
| EBITDA | — | — | — | — | — | — | $4.00B | $2.10B | $1.83B | $1.59B | $1.14B | $787.00M | $559.00M | $788.00M | $553.00M | $966.00M | $2.95B | $313.00M | $174.00M | $2.47B |
| EBITDA margin | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 120.9% | 33.8% | 32.4% | 30.8% | 22.9% | 15.2% | 10.0% | 14.4% | 14.8% | 43.7% | 169.7% | 6.5% | 4.1% | 76.6% |
| EBIT | — | — | — | — | — | — | $4.00B | $2.09B | $1.82B | $1.58B | $1.11B | $764.00M | $528.00M | $763.00M | $532.00M | $936.00M | $2.93B | $3.94B | $3.32B | $2.47B |
| Interest expense | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.56B | $2.21B | $2.06B | $2.07B | $2.44B | $2.97B | $3.67B | $3.49B | $2.05B | $1.32B | $2.10B | $3.56B | $3.27B | $2.58B |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $1.16B | — | — | $324.14M | $530.38M | $633.00M | $939.00M | $1.42B | $1.14B | $984.00M | $681.00M | $292.00M | $395.00M | $597.00M | $412.00M | $717.00M | $645.00M | $228.00M | $131.00M | $-80.00M |
| Net income growth (YoY) | — | -100.0% | — | — | +63.6% | +19.3% | +48.3% | +51.0% | -19.8% | -13.5% | -30.8% | -57.1% | +35.3% | +51.1% | -31.0% | +74.0% | -10.0% | -64.7% | -42.5% | -161.1% |
| Profit margin | 13.2% | 0.0% | 0.0% | 5.8% | 8.2% | 11.1% | 28.4% | 22.8% | 20.2% | 19.0% | 13.7% | 5.6% | 7.1% | 10.9% | 11.0% | 32.4% | 37.1% | 4.7% | 3.1% | -2.5% |