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SLM SLM Business Segments — Operating Expenses

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Other financials

Income statement

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Net income$308.0M+1.1%
EPS (diluted)$1.54+10.0%

Balance sheet

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Cash & equivalents$5.4B+39.1%
Total debt$6.7B+8.5%
Total equity$2.4B+1.5%
Total assets$29.4B+1.8%

Cash flow

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Operating cash flow-$76.0M+48.0%

Valuation

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Market cap$4.34B-31.4%
Enterprise value$5.63B-34.6%
P/E5.8×-4.3×

Returns & leverage

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Return on equity30.9%+3.3pp
Debt / equity2.7×+0.2×

Where this comes from

Reported directly by SLM in its filing.

Tagged under the XBRL concept us-gaap:OperatingExpenses.

The official record: SLM’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is SLM's business segments — operating expenses?
SLM (SLM) reported business segments — operating expenses of $170.36M in Q1 2026.
How has SLM's business segments — operating expenses changed year-over-year?
SLM's business segments — operating expenses increased by 10.9% year-over-year, from $153.59M to $170.36M.
What is the long-term trend for SLM's business segments — operating expenses?
Over 3 years (2022 to 2025), SLM's business segments — operating expenses has grown at a 5.9% compound annual growth rate (CAGR), from $551.46M to $655.59M.
What does business segments — operating expenses mean?
This metric represents the total core operating costs incurred by the reportable segment to conduct its primary business activities. It serves as a key indicator of the segment's operational efficiency and cost management discipline. Investors use this to evaluate the segment's ability to scale operations while controlling overhead.