Navient
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Navient's past years’ income statements indicate that its last revenue has increased compared to the previous period by 154% to $4,419,000,000. Profit margin reached 5%. Total operating expenses were $1,279,000,000.
Profit Margin
| 2014 | 3.57B | 1.14B | 32.15% |
|---|---|---|---|
| 2015 | 3.10B | 997M | 32.14% |
| 2016 | 2.52B | 681M | 26.99% |
| 2017 | 2.21B | 292M | 13.21% |
| 2018 | 1.92B | 395M | 20.54% |
| 2019 | 1.99B | 597M | 29.91% |
| 2020 | 1.68B | 412M | 24.41% |
| 2021 | 2.21B | 717M | 32.43% |
| 2022 | 1.73B | 645M | 37.13% |
| 2023 | 4.41B | 228M | 5.16% |
NAVI Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 4.41B | 1.73B | 2.21B | 1.68B | 1.99B | 1.92B | 2.21B | 2.52B | 3.10B | 3.57B |
Cost of revenue | 800M | 553M | 1.20B | 964M | 984M | 984M | 966M | 951M | 918M | 987M |
Gross profit | 3.61B | 1.18B | 1.00B | 724M | 1.01B | 939M | 1.24B | 1.57B | 2.18B | 2.58B |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 1.27B | 1.19B | -1.27B | -1.15B | -1.23B | 2.27B | 966M | 951M | 918M | 987M |
Operating income | 346M | 2.92B | 936M | 532M | 763M | 4.19B | 292M | 681M | 996M | 1.14B |
Other income (expenses), net | -33M | -2.10B | 702M | -15M | -1.94B | -3.66B | 472M | 427M | 584M | 688M |
Income before tax | 313M | 827M | 936M | 532M | 763M | 528M | 764M | 1.10B | 1.6B | 1.83B |
Income tax expense | 85M | 182M | 219M | 120M | 166M | 133M | 472M | 427M | 604M | 688M |
Net income | 228M | 645M | 717M | 412M | 597M | 395M | 292M | 681M | 997M | 1.14B |
Earnings per share | ||||||||||
Basic EPS | 1.87 | 4.54 | 4.22 | 2.13 | 2.6 | 1.52 | 1.06 | 2.15 | 2.66 | 2.74 |
Diluted EPS | 1.85 | 4.48 | 4.17 | 2.11 | 2.56 | 1.5 | 1.04 | 2.12 | 2.61 | 2.69 |
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