Navient 2Q FY26 GAAP net income rises 78.57% to $25 million; revenue slips 3.85% to $150 million

Reuters2026/08/06 21:08

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Navient posted 2Q26 GAAP net income of USD 25 million, up 78.57%, as diluted EPS rose to USD 0.26 from USD 0.13.
GAAP revenue before provision slipped 3.85% to USD 150 million, while provision for loan losses fell 29.73% to USD 26 million.
Core earnings net income increased 28.57% to USD 27 million, lifting core EPS to USD 0.29 from USD 0.20.
Private Education Loan originations climbed 63% to USD 815 million, while in-school originated volume rose 40% to USD 80 million.
Designated USD 528 million of legacy Private Loan assets as held for sale, while electing the fair value option for in-school originations starting 3Q26.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Navient Corporation published the original content used to generate this news brief on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Navient 2Q FY26 GAAP net income rises 78.57% to $25 million; revenue slips 3.85% to $150 million

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