Navient (JSM) Cost of Revenue (2013 - 2026)

Navient has reported Cost of Revenue for 14 years, with the latest figure at $57.0 million in Q2 2026.

• On a quarterly basis, Cost of Revenue rose 7.55% year-over-year to $57.0 million in Q2 2026; TTM through Jun 2026 was $221.0 million, a 35.38% decrease from a year earlier, with the FY2025 full-year figure at $237.0 million, down 46.74% from the prior year.
• Cost of Revenue was $57.0 million for Q2 2026 at Navient, up from $55.0 million in the prior quarter.
• The five-year high for Cost of Revenue was $139.0 million in Q1 2022, with the low at $48.0 million in Q4 2025.
• Average Cost of Revenue over 5 years is $101.9 million, with a median of $116.0 million recorded in 2023.
• The sharpest annual moves came in 2025 and 2026: Cost of Revenue plunged 52.68% in 2025, then gained 7.55% in 2026.
• Over 5 years, Cost of Revenue stood at $126.0 million in 2022, then decreased by 9.52% to $114.0 million in 2023, then dropped by 17.54% to $94.0 million in 2024, then tumbled by 48.94% to $48.0 million in 2025, then increased by 18.75% to $57.0 million in 2026.
• The last three Cost of Revenue figures came in at $57.0 million (Q2 2026), $55.0 million (Q1 2026), and $48.0 million (Q4 2025), per Business Quant data.