Navient (NAVI) Shares Outstanding (Entity) (2013 - 2026)
Navient's Shares Outstanding (Entity) was 93.78 million in Q2 2026, down 5.7% from 99.43 million a year earlier and down 0.2% from the prior quarter.
Navient (NAVI) Shares Outstanding (Entity) (2013 - 2026) Analysis & Trends
For FY2025, Shares Outstanding (Entity) at Navient came in at 95.09 million, down 7.0% from FY2024.
- Shares Outstanding (Entity) has now declined for 13 consecutive years, with a five-year compound annual growth rate of -12.3% (FY2020 to FY2025).
- In earlier years, Shares Outstanding (Entity) was 102.28 million in FY2024 (-9.3%), 112.75 million in FY2023 (-12.6%), 128.94 million in FY2022 (-15.2%) and 152.13 million in FY2021 (-17.2%).
- The Q2 2026 figure marks the lowest quarterly Shares Outstanding (Entity) in data going back to Q1 2013.
- Compared with a year earlier, Shares Outstanding (Entity) has declined for 50 straight quarters, with an average decline of 8.2% over the last eight quarters.
- The year-over-year decline in Shares Outstanding (Entity) has ranged between 5.7% (Q2 2026) and 17.2% (Q4 2021) over the last five years.
- Per Business Quant data, NAVI's Shares Outstanding (Entity) in the three quarters before Q2 2026 was 93.98 million (Q1 2026), 95.09 million (Q4 2025) and 97.51 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Entity.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 3.76 Bn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | - |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 575.00 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 5.87 Bn |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 337.18 Mn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 325.00 Mn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 84.67 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 750.57 Mn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | 718.00 Mn |
| 10 | Navient | 850.62 Mn | -1.75 Bn | - | 93.78 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 93.78 Mn |
| Mar 31, 2026 | 93.98 Mn |
| Dec 31, 2025 | 95.09 Mn |
| Sep 30, 2025 | 97.51 Mn |
| Jun 30, 2025 | 99.43 Mn |
| Mar 31, 2025 | 101.33 Mn |
| Dec 31, 2024 | 102.28 Mn |
| Sep 30, 2024 | 107.36 Mn |
| Jun 30, 2024 | 109.41 Mn |
| Mar 31, 2024 | 111.82 Mn |
| Dec 31, 2023 | 112.75 Mn |
| Sep 30, 2023 | 117.57 Mn |
| Jun 30, 2023 | 121.60 Mn |
| Mar 31, 2023 | 126.46 Mn |
| Dec 31, 2022 | 128.94 Mn |
| Sep 30, 2022 | 135.61 Mn |
| Jun 30, 2022 | 141.88 Mn |
| Mar 31, 2022 | 148.74 Mn |
| Dec 31, 2021 | 152.13 Mn |
| Sep 30, 2021 | 161.17 Mn |
Navient Shares Outstanding (Entity) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding-entity&ticker=NAVI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-entity", "ticker": "NAVI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding-entity&ticker=NAVI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();