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

Navient has reported Cost of Revenue for 14 years, with the latest figure at $55.0 million in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue fell 25.68% year-over-year to $55.0 million; the trailing twelve-month figure through Mar 2026 stood at $217.0 million (down 45.89% YoY), and the FY2025 full-year result was $237.0 million, down 46.74% from the prior year.
• Cost of Revenue for Q1 2026 stood at $55.0 million, up from $48.0 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 $104.5 million, with a median of $118.0 million recorded in 2024.
• Year-over-year, Cost of Revenue climbed 0.75% in 2023 and sank 52.68% in 2025.
• Tracing JSM's Cost of Revenue over 5 years: 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 climbed by 14.58% to $55.0 million in 2026.
• The last three Cost of Revenue figures came in at $55.0 million (Q1 2026), $48.0 million (Q4 2025), and $61.0 million (Q3 2025), per Business Quant data.

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