Navient (NAVI) Operating Expenses (2013 - 2026)

Navient's Operating Expenses history runs 14 years deep, the most recent figure standing at $89.0 million for 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 was $89.0 million for Q1 2026 at Navient, up from $80.0 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $342.0 million in Q3 2024 to a low of $80.0 million in Q4 2025.
• Historically, Operating Expenses has averaged $176.3 million across 5 years, with a median of $185.0 million in 2023.
• The sharpest annual moves came in 2024 and 2025: Operating Expenses jumped 46.78% in 2024, then sank 67.84% in 2025.
• A 5-year view of Operating Expenses shows it stood at $243.0 million in 2022, then retreated by 18.11% to $199.0 million in 2023, then declined by 26.13% to $147.0 million in 2024, then slumped by 45.58% to $80.0 million in 2025, then advanced by 11.25% to $89.0 million in 2026.
• The last three Operating Expenses figures came in at $89.0 million (Q1 2026), $80.0 million (Q4 2025), and $110.0 million (Q3 2025), per Business Quant data.