Navient (NAVI) Operating Expenses (2013 - 2026)

Navient (NAVI) has reported Operating Expenses for 14 consecutive years, with $89.0 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Operating Expenses fell 32.06% year-over-year to $89.0 million; the TTM figure through Mar 2026 stood at $379.0 million (down 51.78% YoY), while the FY2025 annual figure was $421.0 million, down 38.09% from the prior year.
• Operating Expenses came in at $89.0 million for Q1 2026 at Navient, up from $80.0 million in the prior quarter.
• The five-year high for Operating Expenses was $342.0 million in Q3 2024, with the low at $80.0 million in Q4 2025.
• Average Operating Expenses over 5 years is $176.3 million, with a median of $185.0 million recorded in 2023.
• Across the five-year window, Operating Expenses jumped 46.78% in 2024 and slumped 67.84% in 2025, its largest moves.
• Year by year, Operating Expenses stood at $243.0 million in 2022, then dropped by 18.11% to $199.0 million in 2023, then decreased by 26.13% to $147.0 million in 2024, then tumbled by 45.58% to $80.0 million in 2025, then increased by 11.25% to $89.0 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $89.0 million, $80.0 million, and $110.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.