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Navient NAVI Business Processing — Direct Operating Costs

Other segment segments

Consumer Lending
$35M
Federal Education Loans
$16M-15.8%
All Other Segments
$0

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HES
HESMProcessing And Storage — Operating Costs And Expenses
$29.3M+5.8%

Other financials

Income statement

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Revenue$43.0M-46.9%
Net income$17.0M+950%
EPS (diluted)$0.17+950%

Balance sheet

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Cash & equivalents$621.0M-3.3%
Total debt$45.1B-5.5%
Total equity$3.0B+4.7%
Total assets$48.0B-5.8%

Cash flow

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Operating cash flow-$47.0M-166%

Valuation

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Market cap$795.15M-41.8%
Enterprise value$45.28B-6.5%
P/S2.9×-0.7×

Profitability

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Net margin48.3%

Returns & leverage

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Return on equity17.3%-4.8pp
Debt / equity21.3×-5.1×

Where this comes from

Reported directly by Navient in its filing.

Tagged under the XBRL concept us-gaap:DirectOperatingCosts.

The official record: Navient’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Navient's business processing — direct operating costs?
Navient (NAVI) reported business processing — direct operating costs of $0 in Q1 2026.
How has Navient's business processing — direct operating costs changed year-over-year?
Navient's business processing — direct operating costs decreased by 100.0% year-over-year, from $20M to $0.
What is the long-term trend for Navient's business processing — direct operating costs?
Over 4 years (2021 to 2025), Navient's business processing — direct operating costs has grown at a -51.5% compound annual growth rate (CAGR), from $360M to $20M.
What does business processing — direct operating costs mean?
Captures the immediate expenses directly attributable to the delivery of business processing services. This includes labor, technology, and operational costs required to maintain service levels for clients.