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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |