Navient (JSM) Research & Development (2024 - 2026)

Navient's Research & Development history runs 3 years deep, the most recent figure standing at $20.0 million for Q1 2026.

• On a quarterly basis, Research & Development fell 35.48% year-over-year to $20.0 million in Q1 2026; TTM through Mar 2026 was $101.0 million, a 23.48% decrease from a year earlier, with the FY2025 full-year figure at $112.0 million, down 18.84% from the prior year.
• Research & Development declined to $20.0 million in Q1 2026 per JSM's latest filing, from $26.0 million in the prior quarter.
• Across five years, Research & Development topped out at $37.0 million in Q1 2024 and bottomed at $20.0 million in Q1 2026.
• The 3-year median for Research & Development is $31.0 million (2025), against an average of $30.0 million.
• Across the five-year window, Research & Development dropped 16.22% in 2025 and sank 35.48% in 2026, its largest moves.
• Year by year, Research & Development stood at $34.0 million in 2024, then slipped by 23.53% to $26.0 million in 2025, then decreased by 23.08% to $20.0 million in 2026.
• Per Business Quant, the three latest JSM Research & Development figures stand at $20.0 million (Q1 2026), $26.0 million (Q4 2025), and $27.0 million (Q3 2025).