← NAVIENT CORP

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $4.1b $4.4b $359.0m $391.0m $388.0m $507.0m $332.0m $321.0m $271.0m $519.0m
Revenues:
Operating Expenses $951.0m $966.0m $984.0m $984.0m $964.0m $1.2b $776.0m $800.0m $680.0m $421.0m
Additional Financial Items
Interest Income, Operating $4.1b $4.4b $4.9b $4.7b — — — — — —
Amortization of Intangible Assets $29.0m $23.0m $31.0m $25.0m $21.0m $19.0m $14.0m $10.0m $8.0m $3.0m
Goodwill, Impairment Loss — — $0 — — — — — — —
Income (Loss) from Continuing Operations before Income Taxes, Domestic — — — — — — — — — $111.0m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $1.1b $764.0m $528.0m $763.0m $532.0m $936.0m $827.0m $313.0m $174.0m ($111.0m)
Gain (Loss) on Derivative Instruments, Net, Pretax $117.0m $22.0m ($38.0m) $22.0m ($256.0m) $64.0m $171.0m $11.0m $70.0m ($30.0m)
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $681.0m $292.0m $1.2b $1.2b $1.3b $1.3b $1.1b $862.0m $536.0m $519.0m
Net Income (Loss) Attributable to Parent $681.0m $292.0m $395.0m $597.0m $412.0m $717.0m $645.0m $228.0m $131.0m ($80.0m)
Net Income (Loss) Available to Common Stockholders, Basic $681.0m $292.0m $395.0m $597.0m $412.0m $717.0m $645.0m $228.0m $131.0m ($80.0m)
Net Income (Loss) Attributable to Noncontrolling Interest $0 $1.4b $1.2b $1.2b $1.3b $1.3b $1.1b $862.0m $536.0m $519.0m
Earnings Per Share, Basic $2.15 $1.06 $1.52 $2.59 $2.14 $4.23 $4.54 $1.87 $1.20 ($0.81)
Earnings Per Share, Diluted $2.12 $1.04 $1.49 $2.56 $2.12 $4.18 $4.49 $1.85 $1.18 ($0.81)
Weighted Average Number of Shares Outstanding, Basic 316.0m 275.0m 260.0m 230.0m 193.0m 170.0m 142.0m 122.0m 109.0m 99.0m
Weighted Average Number of Shares Outstanding, Diluted 322.0m 281.0m 264.0m 233.0m 195.0m 172.0m 144.0m 123.0m 111.0m 99.0m
Labor and Related Expense $500.0m $519.0m $507.0m $488.0m $497.0m $569.0m $444.0m $401.0m $316.0m $149.0m
Current Income Tax Expense (Benefit) $294.0m $77.0m $87.0m $89.0m $111.0m $166.0m ($26.0m) $87.0m $37.0m ($33.0m)
Interest Expense $2.4b $3.0b $3.7b $3.5b $2.0b $1.3b $2.1b $3.6b — —
Interest Expense Operating — — — — — — — — $3.3b $2.6b
Other Expenses — — — — — — — — $316.0m $99.0m
Income Tax Expense (Benefit) $427.0m $472.0m $133.0m $166.0m $120.0m $219.0m $182.0m $85.0m $43.0m ($31.0m)
Interest Income (Expense), Net $1.7b $1.4b $1.2b $1.2b $1.3b $1.3b $1.1b $862.0m $536.0m $519.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.