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Navient NAVI Consumer Lending — Income Tax Expense Benefit

Other segment segments

All Other Segments
-$11M+15.4%
Federal Education Loans
$7M-12.5%
Business Processing
$0-100%

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WFCConsumer Banking and Lending — Income tax expense (benefit)
$650M+14.0%
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-$11.73M-4,089%
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BACConsumer Banking — Income Tax Expense (Benefit), Full Tax Equivalent Basis
$1.02B+20.9%
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RFConsumer Bank — Income Tax
$79M-1.3%
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CFGConsumer Banking — Income Tax
$131M+14.9%
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WALConsumer Related Segment — Income Tax
$39.5M+56.7%

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:IncomeTaxExpenseBenefit.

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 consumer lending — income tax expense benefit?
Navient (NAVI) reported consumer lending — income tax expense benefit of $11M in Q1 2026.
How has Navient's consumer lending — income tax expense benefit changed year-over-year?
Navient's consumer lending — income tax expense benefit decreased by 15.4% year-over-year, from $13M to $11M.
What is the long-term trend for Navient's consumer lending — income tax expense benefit?
Over 4 years (2021 to 2025), Navient's consumer lending — income tax expense benefit has grown at a -53.2% compound annual growth rate (CAGR), from $146M to $7M.
What does consumer lending — income tax expense benefit mean?
Reflects the portion of the company's total income tax expense or benefit that is attributable to the consumer lending segment's pre-tax earnings. This metric is essential for calculating the effective tax rate of the segment and understanding the impact of tax jurisdictions on net profitability. It helps investors reconcile pre-tax segment performance with bottom-line results.