Navient (NAVI) Revenue & Revenue Breakdown
Navient Revenue Highlights
Latest Revenue (Y)
$4.83B
Latest Revenue (Q)
$973.00M
Main Segment (Y)
Business Processing
Navient Revenue by Period
Navient Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $4.83B | 177.78% |
| 2022-12-31 | $1.74B | -21.44% |
| 2021-12-31 | $2.21B | 30.98% |
| 2020-12-31 | $1.69B | -15.43% |
| 2019-12-31 | $2.00B | 3.80% |
| 2018-12-31 | $1.92B | -13.03% |
| 2017-12-31 | $2.21B | -12.37% |
| 2016-12-31 | $2.52B | -18.67% |
| 2015-12-31 | $3.10B | -13.21% |
| 2014-12-31 | $3.57B | -10.90% |
| 2013-12-31 | $4.01B | 21.29% |
| 2012-12-31 | $3.31B | - |
Navient generated $4.83B in revenue during NA 2023, up 177.78% compared to the previous quarter, and up 250.91% compared to the same period a year ago.
Navient Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $973.00M | -16.84% |
| 2024-03-31 | $1.17B | -8.24% |
| 2023-12-31 | $1.27B | 202.13% |
| 2023-09-30 | $422.00M | 37.46% |
| 2023-06-30 | $307.00M | -4.66% |
| 2023-03-31 | $322.00M | -3.01% |
| 2022-12-31 | $332.00M | -14.87% |
| 2022-09-30 | $390.00M | -14.29% |
| 2022-06-30 | $455.00M | -18.75% |
| 2022-03-31 | $560.00M | 7.69% |
| 2021-12-31 | $520.00M | 1.17% |
| 2021-09-30 | $514.00M | 0.78% |
| 2021-06-30 | $510.00M | -23.54% |
| 2021-03-31 | $667.00M | 29.01% |
| 2020-12-31 | $517.00M | 0.78% |
| 2020-09-30 | $513.00M | 18.48% |
| 2020-06-30 | $433.00M | 92.44% |
| 2020-03-31 | $225.00M | -57.31% |
| 2019-12-31 | $527.00M | 3.74% |
| 2019-09-30 | $508.00M | 7.86% |
| 2019-06-30 | $471.00M | -3.68% |
| 2019-03-31 | $489.00M | 14.52% |
| 2018-12-31 | $427.00M | -16.60% |
| 2018-09-30 | $512.00M | 16.10% |
| 2018-06-30 | $441.00M | -18.33% |
| 2018-03-31 | $540.00M | -7.85% |
| 2017-12-31 | $586.00M | -5.33% |
| 2017-09-30 | $619.00M | 20.66% |
| 2017-06-30 | $513.00M | 4.27% |
| 2017-03-31 | $492.00M | -18.14% |
| 2016-12-31 | $601.00M | -16.76% |
| 2016-09-30 | $722.00M | 30.80% |
| 2016-06-30 | $552.00M | -14.55% |
| 2016-03-31 | $646.00M | -17.81% |
| 2015-12-31 | $786.00M | 7.08% |
| 2015-09-30 | $734.00M | -2.13% |
| 2015-06-30 | $750.00M | -9.86% |
| 2015-03-31 | $832.00M | 5.85% |
| 2014-12-31 | $786.00M | -13.82% |
| 2014-09-30 | $912.00M | -2.67% |
| 2014-06-30 | $937.00M | 13.58% |
| 2014-03-31 | $825.00M | -4.62% |
| 2013-12-31 | $865.00M | -0.35% |
| 2013-09-30 | $868.00M | -30.84% |
| 2013-06-30 | $1.25B | 35.97% |
| 2013-03-31 | $923.00M | - |
Navient generated $973.00M in revenue during Q2 2024, up -16.84% compared to the previous quarter, and up 302.17% compared to the same period a year ago.
Navient Revenue Breakdown
Navient Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 22 | Dec 21 | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|---|---|
| Federal Education Loans Segment | $65.00M | $162.00M | $208.00M | $229.00M | $262.00M |
| Consumer Lending | $12.00M | $6.00M | $6.00M | $11.00M | $12.00M |
| Business Processing | $330.00M | $488.00M | $304.00M | $258.00M | - |
Navient's latest annual revenue breakdown by segment (product or service), as of Dec 22: Business Processing (81.08%), Federal Education Loans Segment (15.97%), and Consumer Lending (2.95%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Healthcare Services | $32.00M | $28.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Government Services | $49.00M | $57.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Federal Education Loans Segment | - | - | $13.00M | $14.00M | $14.00M | $21.00M | $14.00M | $15.00M | $16.00M | $47.00M | $47.00M | $52.00M | $50.00M | $53.00M | $51.00M | $56.00M | $55.00M | $57.00M | $57.00M | $59.00M |
| Business Processing | - | - | - | - | $70.00M | $79.00M | $87.00M | $94.00M | $111.00M | $122.00M | $130.00M | $125.00M | $93.00M | $90.00M | $64.00M | $57.00M | $59.00M | $65.00M | $68.00M | - |
| Consumer Lending | - | - | $3.00M | $3.00M | $3.00M | $3.00M | $3.00M | $3.00M | $3.00M | - | $3.00M | $1.00M | $1.00M | $1.00M | $1.00M | $2.00M | $3.00M | $3.00M | $3.00M | $3.00M |
| Other Segments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| All Other Segments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Navient's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Government Services (60.49%), and Healthcare Services (39.51%).
Navient Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| IX | ORIX | $2.81T | $776.50B |
| NAVI | Navient | $4.83B | $973.00M |
| FCFS | FirstCash | $3.15B | $831.01M |
| ENVA | Enova | $2.12B | $628.44M |
| SLM | SLM | $1.81B | $795.58M |
| NNI | Nelnet | $1.11B | $242.87M |
| EZPW | EZCORP | $1.05B | $281.42M |
| AGM | Federal Agricultural Mortgage | $349.21M | $89.24M |
| MFIN | Medallion Financial | $262.36M | $71.80M |
| LPRO | Open Lending | $117.46M | $26.73M |
NAVI Revenue FAQ
What is Navient’s yearly revenue?
Navient's yearly revenue for 2023 was $4.82B, representing an increase of 177.78% compared to 2022. The company's yearly revenue for 2022 was $1.74B, representing a decrease of -21.44% compared to 2021. NAVI's yearly revenue for 2021 was $2.21B, representing an increase of 30.98% compared to 2020.
What is Navient’s quarterly revenue?
Navient's quarterly revenue for Q2 2024 was $973M, a -16.84% decrease from the previous quarter (Q1 2024), and a 216.94% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $1.17B, a -8.24% decrease from the previous quarter (Q4 2023), and a 263.35% increase year-over-year (Q1 2023). NAVI's quarterly revenue for Q4 2023 was $1.28B, a 202.13% increase from the previous quarter (Q3 2023), and a 284.04% increase year-over-year (Q4 2022).
What is Navient’s revenue growth rate?
Navient's revenue growth rate for the last 3 years (2021-2023) was 118.23%, and for the last 5 years (2019-2023) was 141.73%.
What are Navient’s revenue streams?
Navient's revenue streams in c 22 are Federal Education Loans Segment, Consumer Lending, and Business Processing. Federal Education Loans Segment generated $65M in revenue, accounting 15.97% of the company's total revenue, down -59.88% year-over-year. Consumer Lending generated $12M in revenue, accounting 2.95% of the company's total revenue, up 100.00% year-over-year. Business Processing generated $330M in revenue, accounting 81.08% of the company's total revenue, down -32.38% year-over-year.
What is Navient’s main source of revenue?
For the fiscal year ending Dec 22, the largest source of revenue of Navient was Business Processing. This segment made a revenue of $330M, representing 81.08% of the company's total revenue.