Navient (JSM) Operating Expenses (2013 - 2026)

Navient has reported Operating Expenses for 14 years, with the latest figure at $85.0 million in Q2 2026.

• On a quarterly basis, Operating Expenses fell 15.84% year-over-year to $85.0 million in Q2 2026; TTM through Jun 2026 was $388.0 million, a 46.56% decrease from a year earlier, with the FY2025 full-year figure at $441.0 million, down 49.02% from the prior year.
• Operating Expenses was $85.0 million for Q2 2026 at Navient, down from $93.0 million in the prior quarter.
• The five-year high for Operating Expenses was $342.0 million in Q3 2024, with the low at $85.0 million in Q2 2026.
• Average Operating Expenses over 5 years is $175.1 million, with a median of $189.5 million recorded in 2023.
• The sharpest annual moves came in 2024 and 2025: Operating Expenses soared 42.5% in 2024, then plunged 67.84% in 2025.
• Over 5 years, Operating Expenses stood at $201.0 million in 2022, then climbed by 1.0% to $203.0 million in 2023, then slipped by 25.12% to $152.0 million in 2024, then slumped by 34.21% to $100.0 million in 2025, then decreased by 15.0% to $85.0 million in 2026.
• The last three Operating Expenses figures came in at $85.0 million (Q2 2026), $93.0 million (Q1 2026), and $100.0 million (Q4 2025), per Business Quant data.