Navient Corporation (NAVI)
NAVI · Security Brokers, Dealers & Flotation Companies · Herndon, VA · filing with the SEC since 2013
Grade2.8
◀ Past 2.6● Present 3.2▶ Future 2.3
Income statement, as filed
In millions of US dollars (USD), as filed; per-share figures in US dollars; share counts in millions. The fiscal year ends in December.| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Period ending | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
| Report filed | Feb 26, 2026 | Feb 27, 2025 | Feb 26, 2024 | Feb 24, 2023 | Feb 25, 2022 | Feb 26, 2021 | Feb 27, 2020 | Feb 26, 2019 | Feb 26, 2018 | Feb 24, 2017 |
| Revenue | · | 271 | 321 | 332 | 507 | 388 | 391 | 359 | · | · |
| For lenders | ||||||||||
| Interest and dividend income | 3,108 | 3,809 | 4,419 | 3,223 | 2,648 | 3,298 | 4,673 | 4,908 | 4,383 | 4,146 |
| Interest expense on deposits and borrowings | 2,589 | 3,273 | 3,557 | 2,102 | · | · | · | · | · | · |
| Net interest income | 519 | 536 | 862 | 1,121 | 1,332 | 1,252 | 1,185 | 1,240 | 1,412 | 1,705 |
| Provision for credit losses | 280 | 113 | 123 | 79 | -61 | 155 | 258 | 370 | 426 | 429 |
| Net interest income after provision | 239 | 423 | 739 | 1,042 | 1,393 | 1,097 | 927 | 870 | 986 | 1,276 |
| Noninterest income | 91 | 616 | 409 | 616 | 806 | 430 | 856 | 702 | 796 | 819 |
| Noninterest expense | 441 | 865 | 835 | 831 | 1,263 | 995 | 1,020 | 1,044 | 1,018 | 987 |
| Total operating expenses | 421 | 680 | 800 | 776 | 1,207 | 964 | 984 | 984 | 966 | 951 |
| Interest expense | · | · | 3,557 | 2,102 | 1,316 | 2,046 | 3,488 | 3,668 | 2,971 | 2,441 |
| Income before income taxes | -111 | 174 | 313 | 827 | 936 | 532 | 763 | 528 | 764 | 1,108 |
| Income tax expense | -31 | 43 | 85 | 182 | 219 | 120 | 166 | 133 | 472 | 427 |
| Income from continuing operations | · | · | · | · | · | · | · | · | 292 | 681 |
| Net income including non-controlling interests | -80 | 131 | 228 | 645 | 717 | 412 | 597 | 395 | 292 | 681 |
| Net income to non-controlling interests | · | · | · | · | · | · | · | · | · | 0 |
| Net income | -80 | 131 | 228 | 645 | 717 | 412 | 597 | 395 | 292 | 681 |
| Net income to common shareholders | · | · | · | · | · | · | · | · | · | 681 |
| Earnings per share, basic | -0.81 | 1.20 | 1.87 | 4.54 | 4.23 | 2.14 | 2.59 | 1.52 | 1.06 | 2.15 |
| Earnings per share, diluted | -0.81 | 1.18 | 1.85 | 4.49 | 4.18 | 2.12 | 2.56 | 1.49 | 1.04 | 2.12 |
| Weighted average shares, basic | 99 | 109 | 122 | 142 | 170 | 193 | 230 | 260 | 275 | 316 |
| Weighted average shares, diluted | 99 | 111 | 123 | 144 | 172 | 195 | 233 | 264 | 281 | 322 |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTaxInterest and dividend income what its loans and securities earned
us-gaap:InterestAndDividendIncomeOperating
us-gaap:InterestIncomeOperatingInterest expense on deposits and borrowings what it paid for the money it lends
us-gaap:InterestExpenseOperatingNet interest income interest earned less interest paid
us-gaap:InterestIncomeExpenseNetProvision for credit losses set aside for loans that may not be repaid
us-gaap:ProvisionForLoanLossesExpensed
us-gaap:ProvisionForLoanAndLeaseLossesNet interest income after provision interest income left after the provision
us-gaap:InterestIncomeExpenseAfterProvisionForLoanLossNoninterest income fees and other income that is not interest
us-gaap:NoninterestIncomeNoninterest expense salaries, buildings and the other costs of running the bank
us-gaap:NoninterestExpenseTotal operating expenses the running costs together
us-gaap:OperatingExpensesInterest expense what its borrowing cost
us-gaap:InterestExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterestIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitIncome from continuing operations profit from the businesses it keeps
us-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterestNet income including non-controlling interests the whole group's profit, minority holders' share included
us-gaap:ProfitLossNet income to non-controlling interests the share that belongs to minority holders
us-gaap:NetIncomeLossAttributableToNoncontrollingInterestNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLossNet income to common shareholders what is left for common shareholders
us-gaap:NetIncomeLossAvailableToCommonStockholdersBasicEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding