Navient (JSM) Operating Expenses (2013 - 2026)

Navient has reported Operating Expenses for 14 years, with the latest figure at $89.0 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses fell 32.06% year-over-year to $89.0 million; the trailing twelve-month figure through Mar 2026 stood at $379.0 million (down 51.78% YoY), and the FY2025 full-year result was $421.0 million, down 38.09% from the prior year.
• Operating Expenses for Q1 2026 stood at $89.0 million, up from $80.0 million in the prior quarter.
• The five-year high for Operating Expenses was $342.0 million in Q3 2024, with the low at $80.0 million in Q4 2025.
• Average Operating Expenses over 5 years is $176.3 million, with a median of $185.0 million recorded in 2023.
• Year-over-year, Operating Expenses soared 46.78% in 2024 and sank 67.84% in 2025.
• Tracing JSM's Operating Expenses over 5 years: stood at $243.0 million in 2022, then decreased by 18.11% to $199.0 million in 2023, then fell by 26.13% to $147.0 million in 2024, then sank by 45.58% to $80.0 million in 2025, then climbed by 11.25% to $89.0 million in 2026.
• The last three Operating Expenses figures came in at $89.0 million (Q1 2026), $80.0 million (Q4 2025), and $110.0 million (Q3 2025), per Business Quant data.

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