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Navient NAVI Federal Education Loans — Operating Expenses

Other segment segments

All Other Segments
$25M-46.8%
Business Processing
$0

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Other financials

Income statement

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Revenue$43.0M-46.9%
Net income$25.0M+78.6%
EPS (diluted)$0.26+100%

Balance sheet

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Cash & equivalents$770.0M+8.1%
Total debt$44.3B-5.9%
Total equity$3.0B+4.7%
Total assets$47.3B-5.8%

Cash flow

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Operating cash flow$143.0M+13.5%

Valuation

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Market cap$853.42M-31.2%
Enterprise value$44.42B-6.7%

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:OperatingExpenses.

The source filing: Navient’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:09 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-340245
(Dollars in millions)Total GAAPAdjustments / Reclassi-ficationsAdjustments / Additions/(Subtractions)Adjustments / Total Adjustments (1)Total Core EarningsReportable Segments / Consumer LendingReportable Segments / Federal Education LoansReportable Segments / Business ProcessingReportable Segments / Other
Expenses:
Direct operating expenses574215
Unallocated shared services expenses2525
Operating expenses(2)8282421525
Goodwill and acquired intangible asset impairment and amortization
Restructuring/other reorganization expenses333
Total expenses8585421528
Income (loss) before income tax expense (benefit)39(3)(3)363533(32)

Document

FAQ

What is Navient's federal education loans — operating expenses?
Navient (NAVI) reported federal education loans — operating expenses of $15M in Q2 2026.
How has Navient's federal education loans — operating expenses changed year-over-year?
Navient's federal education loans — operating expenses decreased by 11.8% year-over-year, from $17M to $15M.
What is the long-term trend for Navient's federal education loans — operating expenses?
Over 4 years (2021 to 2025), Navient's federal education loans — operating expenses has grown at a -25.8% compound annual growth rate (CAGR), from $224M to $68M.
What does federal education loans — operating expenses mean?
This is the aggregate of all costs incurred to run the federal education loan segment, including direct operating costs and allocated overhead. It serves as the primary metric for evaluating the segment's cost management performance. Investors use this to determine the operating margin of the business unit.

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