Navient annual operating expenses
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Navient Operating Expenses Growth & History (NAVI)
Navient's operating expenses was $441.0M for fiscal 2025.
View full Navient company overviewNavient annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $441.0M | −$424.0M | −49.02% |
| 2024 | 2024-12-31 | $865.0M | $30.0M | +3.59% |
| 2023 | 2023-12-31 | $835.0M | $4.0M | +0.48% |
| 2022 | 2022-12-31 | $831.0M | −$432.0M | −34.20% |
| 2021 | 2021-12-31 | $1.26B | $268.0M | +26.93% |
| 2020 | 2020-12-31 | $995.0M | −$25.0M | −2.45% |
| 2019 | 2019-12-31 | $1.02B | −$24.0M | −2.30% |
| 2018 | 2018-12-31 | $1.04B | $26.0M | +2.55% |
| 2017 | 2017-12-31 | $1.02B | $31.0M | +3.14% |
| 2016 | 2016-12-31 | $987.0M | $25.0M | +2.60% |
| 2015 | 2015-12-31 | $962.0M | −$147.0M | −13.26% |
| 2014 | 2014-12-31 | $1.11B | −$18.0M | −1.60% |
| 2013 | 2013-12-31 | $1.13B | $192.0M | +20.53% |
| 2012 | 2012-12-31 | $935.0M | — | — |
Navient quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $85.0M | −$16.0M | −15.84% |
| Q1 2026 | 2026-03-31 | $93.0M | −$38.0M | −29.01% |
| Q4 2025 | 2025-12-31 | $99.0M | −$52.0M | −34.44% |
| Q3 2025 | 2025-09-30 | $110.0M | −$232.0M | −67.84% |
| Q2 2025 | 2025-06-30 | $101.0M | −$84.0M | −45.41% |
| Q1 2025 | 2025-03-31 | $131.0M | −$56.0M | −29.95% |
| Q4 2024 | 2024-12-31 | $151.0M | −$52.0M | −25.62% |
| Q3 2024 | 2024-09-30 | $342.0M | $102.0M | +42.50% |
| Q2 2024 | 2024-06-30 | $185.0M | −$15.0M | −7.50% |
| Q1 2024 | 2024-03-31 | $187.0M | −$5.0M | −2.60% |
| Q4 2023 | 2023-12-31 | $203.0M | $2.0M | +1.00% |
| Q3 2023 | 2023-09-30 | $240.0M | $15.0M | +6.67% |
| Q2 2023 | 2023-06-30 | $200.0M | $7.0M | +3.63% |
| Q1 2023 | 2023-03-31 | $192.0M | −$20.0M | −9.43% |
| Q4 2022 | 2022-12-31 | $201.0M | −$281.0M | −58.30% |
| Q3 2022 | 2022-09-30 | $225.0M | −$27.0M | −10.71% |
| Q2 2022 | 2022-06-30 | $193.0M | −$66.0M | −25.48% |
| Q1 2022 | 2022-03-31 | $212.0M | −$58.0M | −21.48% |
| Q4 2021 | 2021-12-31 | $482.0M | $207.0M | +75.27% |
| Q3 2021 | 2021-09-30 | $252.0M | $12.0M | +5.00% |
| Q2 2021 | 2021-06-30 | $259.0M | $40.0M | +18.26% |
| Q1 2021 | 2021-03-31 | $270.0M | $9.0M | +3.45% |
| Q4 2020 | 2020-12-31 | $275.0M | $40.0M | +17.02% |
| Q3 2020 | 2020-09-30 | $240.0M | −$19.0M | −7.34% |
| Q2 2020 | 2020-06-30 | $219.0M | −$34.0M | −13.44% |
| Q1 2020 | 2020-03-31 | $261.0M | −$3.0M | −1.14% |
| Q4 2019 | 2019-12-31 | $235.0M | −$17.0M | −6.75% |
| Q3 2019 | 2019-09-30 | $259.0M | −$20.0M | −7.17% |
| Q2 2019 | 2019-06-30 | $253.0M | $44.0M | +21.05% |
| Q1 2019 | 2019-03-31 | $264.0M | −$27.0M | −9.28% |
| Q4 2018 | 2018-12-31 | $252.0M | −$8.0M | −3.08% |
| Q3 2018 | 2018-09-30 | $279.0M | $35.0M | +14.34% |
| Q2 2018 | 2018-06-30 | $209.0M | −$27.0M | −11.44% |
| Q1 2018 | 2018-03-31 | $291.0M | $47.0M | +19.26% |
| Q4 2017 | 2017-12-31 | $260.0M | $0 | 0.00% |
| Q3 2017 | 2017-09-30 | $244.0M | $4.0M | +1.67% |
| Q2 2017 | 2017-06-30 | $236.0M | $0 | 0.00% |
| Q1 2017 | 2017-03-31 | $244.0M | −$7.0M | −2.79% |
| Q4 2016 | 2016-12-31 | $260.0M | $25.0M | +10.64% |
| Q3 2016 | 2016-09-30 | $240.0M | $9.0M | +3.90% |
| Q2 2016 | 2016-06-30 | $236.0M | −$21.0M | −8.17% |
| Q1 2016 | 2016-03-31 | $251.0M | $17.0M | +7.26% |
| Q4 2015 | 2015-12-31 | $235.0M | $20.0M | +9.30% |
| Q3 2015 | 2015-09-30 | $231.0M | $20.0M | +9.48% |
| Q2 2015 | 2015-06-30 | $257.0M | −$17.0M | −6.20% |
| Q1 2015 | 2015-03-31 | $234.0M | −$162.0M | −40.91% |
| Q4 2014 | 2014-12-31 | $215.0M | −$90.0M | −29.51% |
| Q3 2014 | 2014-09-30 | $211.0M | −$62.0M | −22.71% |
| Q2 2014 | 2014-06-30 | $274.0M | $4.0M | +1.48% |
| Q1 2014 | 2014-03-31 | $396.0M | $161.0M | +68.51% |
| Q4 2013 | 2013-12-31 | $305.0M | — | — |
| Q3 2013 | 2013-09-30 | $273.0M | — | — |
| Q2 2013 | 2013-06-30 | $270.0M | — | — |
| Q1 2013 | 2013-03-31 | $235.0M | — | — |
Navient operating expenses trends
Over the last five fiscal years, Navient's operating expenses decreased from $995.0M to $441.0M, a change of −$554.0M. The latest reported quarter, Q2 2026, shows $85.0M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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