Navient Corporation 6% Senior Notes due December 15, 2043 financials
$17.09−1.21%
Close Sep 28, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.20B | $4.42B | $4.83B | $3.84B | $3.45B | $3.73B | $5.53B | $5.61B | $5.18B | $1.15B |
| Gross profit | $610.0M | $1.15B | $1.27B | $1.74B | $2.14B | $1.68B | $2.04B | $1.94B | $2.21B | $960.2M |
| Gross margin | 19.1% | 26.0% | 26.3% | 45.2% | 61.9% | 45.1% | 36.9% | 34.6% | 42.6% | 83.8% |
| Operating income | -$111.0M | $174.0M | $313.0M | $827.0M | $936.0M | $532.0M | $763.0M | $528.0M | $764.0M | $414.4M |
| Net income | -$80.0M | $131.0M | $228.0M | $645.0M | $717.0M | $412.0M | $597.0M | $395.0M | $292.0M | $229.1M |
| Net margin | −2.5% | 3.0% | 4.7% | 16.8% | 20.8% | 11.1% | 10.8% | 7.0% | 5.6% | 20.0% |
| Diluted EPS | $-0.81 | $1.18 | $1.85 | $4.49 | $4.18 | $2.12 | $2.56 | $1.49 | $1.04 | $0.53 |
| EBITDA | -$91.0M | $359.0M | $348.0M | $863.0M | $992.0M | $563.0M | $799.0M | $588.0M | $816.0M | $414.4M |
| Operating cash flow | $441.0M | $459.0M | $676.0M | $305.0M | $702.0M | $987.0M | $1.02B | $1.14B | $1.16B | -$199.0M |
| Free cash flow | $441.0M | $459.0M | $676.0M | $305.0M | $702.0M | — | — | — | — | — |
| Diluted shares | 99.0M | 111.0M | 123.0M | 144.0M | 172.0M | 195.0M | 233.0M | 264.0M | 281.0M | 432.9M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $637.0M | $722.0M | $839.0M | $1.53B | $905.0M | $1.18B |
| Short-term investments | $1.63B | $1.52B | $2.10B | $3.44B | $2.94B | $2.64B |
| Total debt | $45.71B | $48.32B | $57.63B | $66.90B | $76.98B | $83.94B |
| Total assets | $48.68B | $51.79B | $61.38B | $70.80B | $80.61B | $87.41B |
| Total liabilities | $46.28B | $49.15B | $58.62B | $67.82B | $78.00B | $84.97B |
| Shareholders' equity | $2.40B | $2.64B | $2.76B | $2.98B | $2.61B | $2.45B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology