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Navient (NAVI) Revenue & Revenue Breakdown

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Navient Revenue Highlights

Latest Revenue (Y)

$4.83B

Latest Revenue (Q)

$948.00M

Main Segment (Y)

Business Processing

Navient Revenue by Period

Navient Revenue by Year

DateRevenueChange
2023-12-31$4.83B177.78%
2022-12-31$1.74B-21.44%
2021-12-31$2.21B30.98%
2020-12-31$1.69B-15.43%
2019-12-31$2.00B3.80%
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$4.01B21.29%
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

DateRevenueChange
2024-09-30$948.00M-13.50%
2024-06-30$1.10B-6.32%
2024-03-31$1.17B-8.24%
2023-12-31$1.27B202.13%
2023-09-30$422.00M37.46%
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$560.00M7.69%
2021-12-31$520.00M1.17%
2021-09-30$514.00M0.78%
2021-06-30$510.00M-23.54%
2021-03-31$667.00M29.01%
2020-12-31$517.00M0.78%
2020-09-30$513.00M18.48%
2020-06-30$433.00M92.44%
2020-03-31$225.00M-57.31%
2019-12-31$527.00M3.74%
2019-09-30$508.00M7.86%
2019-06-30$471.00M-3.68%
2019-03-31$489.00M14.52%
2018-12-31$427.00M-16.60%
2018-09-30$512.00M16.10%
2018-06-30$441.00M-18.33%
2018-03-31$540.00M-7.85%
2017-12-31$586.00M-5.33%
2017-09-30$619.00M20.66%
2017-06-30$513.00M4.27%
2017-03-31$492.00M-18.14%
2016-12-31$601.00M-16.76%
2016-09-30$722.00M30.80%
2016-06-30$552.00M-14.55%
2016-03-31$646.00M-17.81%
2015-12-31$786.00M7.08%
2015-09-30$734.00M-2.13%
2015-06-30$750.00M-9.86%
2015-03-31$832.00M5.85%
2014-12-31$786.00M-13.82%
2014-09-30$912.00M-2.67%
2014-06-30$937.00M13.58%
2014-03-31$825.00M-4.62%
2013-12-31$865.00M-0.35%
2013-09-30$868.00M-30.84%
2013-06-30$1.25B35.97%
2013-03-31$923.00M-

Navient generated $948.00M in revenue during Q3 2024, up -13.50% compared to the previous quarter, and up 308.79% compared to the same period a year ago.

Navient Revenue Breakdown

Navient Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 22Dec 21Dec 20Dec 19Dec 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/ServiceSep 24Jun 24Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
Healthcare Services$27.00M$32.00M$28.00M-----------------
Government Services$43.00M$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
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
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-
Other Segments--------------------
All Other Segments--------------------

Navient's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Government Services (61.43%), and Healthcare Services (38.57%).

Navient Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
IXORIX$2.81T$776.50B
NAVINavient$4.83B$948.00M
FCFSFirstCash$3.15B$837.32M
ENVAEnova$2.12B$689.92M
SLMSLM$1.81B$652.64M
NNINelnet$1.11B$240.48M
EZPWEZCORP$1.05B$281.42M
AGMFederal Agricultural Mortgage$349.21M$91.53M
MFINMedallion Financial$262.36M$77.00M
LPROOpen Lending$117.46M$23.48M

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 Q3 2024 was $948M, a -13.50% decrease from the previous quarter (Q2 2024), and a 124.64% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $1.1B, a -6.32% decrease from the previous quarter (Q1 2024), and a 257.00% increase year-over-year (Q2 2023). NAVI'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).

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.