NAVI Stock — Navient Corp: Financials

Line Item	3Y	5Y	10Y	FY2026 (G)	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012
Revenue	-29.4%	-18.4%	-15.1%	—	$600M	$610M	$1.15B	$1.27B	$1.74B	$2.14B	$1.68B	$2.04B	$1.94B	$2.21B	$2.52B	$3.12B	$3.57B	$4.05B	$3.45B
Interest & Dividend Income	-1.2%	-1.2%	—	—	$2.91B	$3.11B	$3.81B	$4.42B	$3.22B	$2.65B	$3.3B	$4.67B	$4.91B	—	—	—	—	—	—
Net Interest Income	-22.6%	-16.1%	-13.5%	—	$514M	$519M	$536M	$862M	$1.12B	$1.33B	$1.25B	$1.19B	$1.24B	$1.41B	$1.71B	$2.22B	$2.67B	$3.17B	$3.21B
Noninterest Income	-47.1%	-26.7%	-20.5%	—	$86M	$91M	$616M	$409M	$616M	$806M	$430M	$856M	$702M	$796M	$819M	$902M	$907M	$886M	$244M
Amortization of Intangibles	-40.2%	-32.2%	-12.9%	—	—	$3M	$8M	$10M	$14M	$19M	$21M	$21M	$31M	$23M	$29M	$12M	$9M	$13M	$18M
Restructuring Charges	-22.1%	+13.6%	-6.1%	—	$17M	$17M	$39M	$25M	$36M	$26M	$9M	$6M	$13M	$29M	—	$32M	$113M	$72M	$11M
Total Operating Expenses	-18.4%	-15.3%	-7.5%	—	$365M	$421M	$680M	$800M	$776M	$1.21B	$964M	$984M	$984M	$966M	$951M	$918M	$987M	$1.04B	$897M
Interest Expense	+7.2%	+4.8%	+2.2%	—	$2.39B	$2.59B	$3.27B	$3.56B	$2.1B	$1.32B	$2.05B	$3.49B	$3.67B	$2.97B	$2.44B	$2.07B	$2.06B	$2.21B	$2.56B
Interest Income	—	—	—	—	—	—	—	—	—	—	—	$4.67B	$4.91B	$4.38B	$4.15B	$4.3B	$4.73B	$5.38B	$5.77B
Pretax Income	—	—	—	—	-$53M	-$111M	$174M	$313M	$827M	$936M	$532M	$763M	$528M	$764M	$1.11B	$1.58B	$1.82B	$2.09B	$1.44B
Income Tax	—	—	—	—	-$3M	-$31M	$43M	$85M	$182M	$219M	$120M	$166M	$133M	$472M	$427M	$597M	$681M	$776M	$498M
Net Income	—	—	—	—	-$50M	-$80M	$131M	$228M	$645M	$717M	$412M	$597M	$395M	$292M	$681M	$984M	$1.14B	$1.42B	$939M
Net Margin	—	—	—	—	—	-13.11%	11.37%	17.94%	37.13%	33.54%	24.49%	29.25%	20.34%	13.22%	26.98%	31.51%	31.81%	34.99%	27.2%
Net Income Attributable to Noncontrolling Interests	—	—	—	—	—	—	—	—	—	—	—	—	—	—	$0	$0	$0	-$1M	-$2M
Net Income Available to Common Stockholders	—	—	—	—	—	—	—	—	—	—	—	—	—	—	$681M	$984M	$1.13B	$1.4B	$919M
Comprehensive Income	—	—	—	—	-$36M	-$81M	$115M	$160M	$865M	$858M	$229M	$393M	$434M	$347M	$738M	$924M	$1.13B	$1.44B	$945M
EPS (Basic) USD/shares	—	—	—	—	-$0.48	-$0.81	$1.20	$1.87	$4.54	$4.23	$2.14	$2.59	$1.52	$1.06	$2.15	$2.62	$2.71	$3.18	$1.93
EPS (Diluted) USD/shares	—	—	—	$0.65 – $0.80*	-$0.49	-$0.81	$1.18	$1.85	$4.49^G	$4.18^G	$2.12	$2.56	$1.49	$1.04	$2.12	$2.58	$2.66	$3.12	$1.90
Shares Outstanding (Basic Avg) shares	-11.3%	-12.5%	-12.5%	—	—	99M	109M	122M	142M	170M	193M	230M	260M	275M	316M	376M	417M	440M	476M
Shares Outstanding (Diluted Avg) shares	-11.7%	-12.7%	-12.6%	—	—	99M	111M	123M	144M	172M	195M	233M	264M	281M	322M	382M	425M	449M	483M

Reported balance	As of	Amount	Source
Long-term debt, including current maturities	2026-06-30	USD 40,123,000,000	10-Q filed 2026-08-07
Short-term borrowings	2026-06-30	USD 4,214,000,000	10-Q filed 2026-08-07

9.375% Senior Notes due 2031

Note · Navient Corporation

Reference: 9.375% Senior Notes due 2031

Active

Original principal: USD 500,000,000
Outstanding: —
Commitment: —
Availability: —
Maturity: —

Last reported interest terms: 9.375% Reported 2026-05-29 Later filings may not restate these terms; this does not confirm they still apply.

Covenant terms for this agreement are not yet verified.

Documents and filing history

Issuance · 8-K · 2026-05-29 — 8-K

Issuance · 2026-05-29 Original principal USD 500,000,000 Exact source document Parent 8-K filing · 2026-05-29
### On May 29, 2026, Navient Corporation (the “Company”) completed a public offering of $500,000,000 aggregate principal amount of its 9.375% Senior Notes due 2031 (the “Notes”).

Issuer evidence: ### On May 29, 2026, Navient Corporation (the “Company”) completed a public offering of $500,000,000 aggregate principal amount of its 9.375% Senior Notes due 2031 (the “Notes”).

Supporting evidence: ### The Notes were issued under the base indenture, dated as of July 18, 2014 (the “Base Indenture”), between the Company and The Bank of New York Mellon, as trustee, as amended by a seventeenth supplemental indenture, dated as of May 29, 2026 (the “Seventeenth Supplemental Indenture,” and together with the Base Indenture, the “Indenture”).

Supporting evidence: ### On May 29, 2026, Navient Corporation (the “Company”) completed a public offering of $500,000,000 aggregate principal amount of its 9.375% Senior Notes due 2031 (the “Notes”).

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Business Processing	$23,000,000	$271,000,000	$321,000,000	$330,000,000	$488,000,000	$304,000,000	$258,000,000	$268,000,000
Federal Education Loans Segment	—	—	—	$2,000,000	$19,000,000	$84,000,000	$133,000,000	$91,000,000

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Government Services	$23,000,000	$183,000,000	$200,000,000	$187,000,000	$258,000,000	$191,000,000	$154,000,000	$175,000,000
Federal Education Loan Asset Recovery Services	—	$0	$0	$2,000,000	$19,000,000	$84,000,000	$133,000,000	$91,000,000
Healthcare Services	—	$88,000,000	$121,000,000	$143,000,000	$230,000,000	$113,000,000	$104,000,000	$93,000,000

NAVI · Navient Corp · Financials

Chart any reported metric, KPI or segment over time — the full statement history lives here

Capital Returned to Shareholders

Debt Profile

Reported debt balances

Covenants

Loans, facilities and notes

9.375% Senior Notes due 2031

Price & Valuation

Valuation

Valuation over time computed as of each quarter's filing date

Revenue Breakdown

By Segment (USD)

By Product & Service (USD)