Navient JSM
NASDAQ JSM
$18.19 +0.11 (+0.58%)
As of: Sep 8, 2026 · 3:46 PM EDT

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

Navient (JSM) posted Research & Development of $16.0 million for Q2 2026, down 20.0% on a QoQ basis from $20.0 million in Q1 2026, and down 42.86% year-over-year from $28.0 million in Q2 2025.

Analysis

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

Navient has reported Research & Development for 3 years, with the latest figure at $16.0 million in Q2 2026.

  • On a quarterly basis, Research & Development fell 42.86% year-over-year to $16.0 million in Q2 2026; TTM through Jun 2026 was $89.0 million, a 29.37% decrease from a year earlier, with the FY2025 full-year figure at $112.0 million, down 18.84% from the prior year.
  • Research & Development was $16.0 million for Q2 2026 at Navient, down from $20.0 million in the prior quarter.
  • The five-year high for Research & Development was $37.0 million in Q1 2024, with the low at $16.0 million in Q2 2026.
  • Average Research & Development over 3 years is $28.6 million, with a median of $29.5 million recorded in 2025.
  • The sharpest annual moves came in 2025 and 2026: Research & Development slipped 16.22% in 2025, then sank 42.86% in 2026.
  • Over 3 years, Research & Development stood at $34.0 million in 2024, then dropped by 23.53% to $26.0 million in 2025, then slumped by 38.46% to $16.0 million in 2026.
  • The last three Research & Development figures came in at $16.0 million (Q2 2026), $20.0 million (Q1 2026), and $26.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Synchrony Financial 26.06 Bn 9.87 Bn - 248.00 Mn
2 Affirm Holdings 24.16 Bn 22.53 Bn - 92.40 Mn
3 FirstCash Holdings 9.90 Bn 9.73 Bn 533.67 Mn -
4 Credit Acceptance 6.25 Bn 5.76 Bn 569.30 Mn 29.90 Mn
5 Enova International 5.63 Bn 5.51 Bn 568.07 Mn -
6 Slm 4.96 Bn 160.79 Mn - -
7 Bread Financial Holdings 4.32 Bn -15.76 Bn 957.00 Mn 80.00 Mn
8 StoneCo 2.68 Bn 1.06 Bn 308.97 Mn -
9 Ezcorp 2.05 Bn 1.73 Bn 246.19 Mn -
10 Navient 1.71 Bn 340.86 Mn - 16.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 16.00 Mn
Mar 31, 2026 20.00 Mn
Dec 31, 2025 26.00 Mn
Sep 30, 2025 27.00 Mn
Jun 30, 2025 28.00 Mn
Mar 31, 2025 31.00 Mn
Dec 31, 2024 34.00 Mn
Sep 30, 2024 33.00 Mn
Jun 30, 2024 34.00 Mn
Mar 31, 2024 37.00 Mn