Slm (SLM) Operating Expenses (2009 - 2026)
Slm (SLM) posted quarterly Operating Expenses of $171.1 million for Q1 2026, up 10.67% YoY from $154.6 million in Q1 2025, and up 9.06% sequentially from $156.9 million in Q4 2025.
Slm (SLM) Operating Expenses (2009 - 2026) Analysis & Trends
Slm has disclosed Operating Expenses across 18 years of filings, most recently posting $171.1 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 10.67% year-over-year to $171.1 million; the TTM figure through Mar 2026 stood at $675.6 million (up 6.42% YoY), while the FY2025 annual figure was $659.1 million, up 2.69% from the prior year.
- Operating Expenses climbed to $171.1 million in Q1 2026, from $156.9 million in the prior quarter.
- Over the last five years, Operating Expenses for SLM reached as high as $180.4 million in Q3 2025 and fell as low as $131.7 million in Q2 2022.
- The 5-year median for Operating Expenses is $156.8 million (2023), against an average of $155.9 million.
- Annual changes were most pronounced in 2023 — Operating Expenses increased 18.79% — and 2025, when it retreated 4.35%.
- A 5-year view of Operating Expenses shows it stood at $137.8 million in 2022, then increased by 3.88% to $143.1 million in 2023, then advanced by 4.56% to $149.6 million in 2024, then rose by 4.85% to $156.9 million in 2025, then rose by 9.06% to $171.1 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $171.1 million, $156.9 million, and $180.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 587.74 Bn | 575.34 Bn | - | 4.00 Bn |
| 2 | Mastercard | 465.55 Bn | 455.34 Bn | - | 3.49 Bn |
| 3 | American Express | 238.39 Bn | 184.35 Bn | 17.43 Bn | 13.88 Bn |
| 4 | PayPal Holdings | 40.24 Bn | 30.89 Bn | 7.84 Bn | 6.87 Bn |
| 5 | Affirm Holdings | 28.27 Bn | 26.55 Bn | 261.64 Mn | 950.34 Mn |
| 6 | SoFi Technologies | 23.54 Bn | 20.13 Bn | 929.25 Mn | 891.92 Mn |
| 7 | Ally Financial | 14.34 Bn | 13.89 Bn | 1.98 Bn | 1.24 Bn |
| 8 | Credit Acceptance | 7.51 Bn | 7.49 Bn | 562.70 Mn | 422.90 Mn |
| 9 | FinVolution | 6.22 Bn | 4.97 Bn | 311.24 Mn | -363.39 Mn |
| 10 | Slm | 5.02 Bn | -185.81 Mn | - | 171.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 171.10 Mn |
| Dec 31, 2025 | 156.89 Mn |
| Sep 30, 2025 | 180.40 Mn |
| Jun 30, 2025 | 167.24 Mn |
| Mar 31, 2025 | 154.61 Mn |
| Dec 31, 2024 | 149.63 Mn |
| Sep 30, 2024 | 172.02 Mn |
| Jun 30, 2024 | 158.60 Mn |
| Mar 31, 2024 | 161.65 Mn |
| Dec 31, 2023 | 143.10 Mn |
| Sep 30, 2023 | 170.24 Mn |
| Jun 30, 2023 | 156.41 Mn |
| Mar 31, 2023 | 156.81 Mn |
| Dec 31, 2022 | 137.76 Mn |
| Sep 30, 2022 | 149.96 Mn |
| Jun 30, 2022 | 131.73 Mn |
| Mar 31, 2022 | 132.01 Mn |
| Dec 31, 2021 | 125.50 Mn |
| Sep 30, 2021 | 140.65 Mn |
| Jun 30, 2021 | 128.01 Mn |