SLM Corp (SLM) Interest Expense - Debt (2015 - 2026)
Slm's Interest Expense - Debt was $75.42 million in Q2 2026, up 0.8% from $74.85 million a year earlier and up 10.6% from the prior quarter.
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Analysis
SLM Corp (SLM) Interest Expense - Debt (2015 - 2026) Analysis & Trends
On a trailing twelve-month basis, Slm's Interest Expense - Debt was $300.37 million through Jun 30, 2026, up 5.7% year-over-year; for FY2025, it was $305.22 million, up 25.6% from FY2024.
- Interest Expense - Debt has now increased for five consecutive years, with a five-year compound annual growth rate of 17.9% (FY2020 to FY2025).
- In earlier years, Interest Expense - Debt was $242.99 million in FY2024 (+16.5%), $208.52 million in FY2023 (+28.8%), $161.93 million in FY2022 (+17.5%) and $137.76 million in FY2021 (+2.8%).
- Quarterly Interest Expense - Debt has moved between $32.95 million (Q3 2021) and $80.32 million (Q3 2025) over five years.
- Compared with a year earlier, Interest Expense - Debt was higher in seven of the last eight quarters, with growth averaging 18.6%.
- The best year-over-year quarter for Interest Expense - Debt over five years was Q2 2023 (growth of 42.9%); the worst was Q1 2026 (a decline of 7.4%).
- Per Business Quant data, SLM's Interest Expense - Debt in the three quarters before Q2 2026 was $68.16 million (Q1 2026), $76.47 million (Q4 2025) and $80.32 million (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 75.42 Mn |
| Mar 31, 2026 | 68.16 Mn |
| Dec 31, 2025 | 76.47 Mn |
| Sep 30, 2025 | 80.32 Mn |
| Jun 30, 2025 | 74.85 Mn |
| Mar 31, 2025 | 73.58 Mn |
| Dec 31, 2024 | 71.73 Mn |
| Sep 30, 2024 | 64.02 Mn |
| Jun 30, 2024 | 54.71 Mn |
| Mar 31, 2024 | 52.54 Mn |
| Dec 31, 2023 | 55.85 Mn |
| Sep 30, 2023 | 54.13 Mn |
| Jun 30, 2023 | 52.57 Mn |
| Mar 31, 2023 | 45.98 Mn |
| Dec 31, 2022 | 45.67 Mn |
| Sep 30, 2022 | 41.88 Mn |
| Jun 30, 2022 | 36.78 Mn |
| Mar 31, 2022 | 37.59 Mn |
| Dec 31, 2021 | 36.62 Mn |
| Sep 30, 2021 | 32.95 Mn |
API Access
SLM Corp Interest Expense - Debt 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=interest-expense-debt&ticker=SLM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-debt", "ticker": "SLM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-debt&ticker=SLM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();