Navient (JSM) Operating Expenses (2013 - 2026)

Navient's Operating Expenses history runs 14 years deep, the most recent figure standing at $93.0 million for Q1 2026.

• On a quarterly basis, Operating Expenses fell 29.01% year-over-year to $93.0 million in Q1 2026; TTM through Mar 2026 was $384.0 million, a 38.56% decrease from a year earlier, with the FY2025 full-year figure at $421.0 million, down 38.09% from the prior year.
• Operating Expenses improved to $93.0 million in Q1 2026 per JSM's latest filing, from $80.0 million in the prior quarter.
• Across five years, Operating Expenses topped out at $342.0 million in Q3 2024 and bottomed at -$33.0 million in Q4 2024.
• The 5-year median for Operating Expenses is $185.0 million (2023), against an average of $161.8 million.
• Across the five-year window, Operating Expenses plunged 116.26% in 2024 and soared 342.42% in 2025, its largest moves.
• Year by year, Operating Expenses stood at $146.0 million in 2022, then surged by 39.04% to $203.0 million in 2023, then plunged by 116.26% to -$33.0 million in 2024, then surged by 342.42% to $80.0 million in 2025, then climbed by 16.25% to $93.0 million in 2026.
• Per Business Quant, the three latest JSM Operating Expenses figures stand at $93.0 million (Q1 2026), $80.0 million (Q4 2025), and $110.0 million (Q3 2025).