7/103 sources · 2 publishersUpdated Nov 4, 23:28 UTC
Navient reports Q3 revenue and GAAP EPS above expectations
Navient reported Q3 2026 revenue of $317 million, up 87.6% year over year, and GAAP EPS of $0.16. Revenue exceeded Wall Street expectations, while net interest income was $115 million versus a $125 million consensus estimate. Shares were flat at $9.09 after the earnings release.
Why it matters
The report shows a quarterly revenue and GAAP earnings beat, but the net interest income shortfall is a countervailing result for investors. Navient's immediate share-price reaction was flat at $9.09.
Key facts
- 1Q3 2026 revenue was $317 million, representing 87.6% year-over-year growth. finance.yahoo.com
- 2GAAP EPS was $0.16 versus analysts' consensus estimate of $0.10. finance.yahoo.com
- 3Net interest income was $115 million compared with a consensus estimate of $125 million. finance.yahoo.com
- 4Pre-tax profit was $13 million, equal to a 4.1% margin. finance.yahoo.com
Open questions
- Material 2 reports Q3 revenue of $60M, while material 1 reports $317 million and material 3 reports $709M; the materials do not explain the difference in revenue definitions or reporting basis.
- Material 3 reports adjusted revenue at $111M and adjusted earnings at 3 cents per share, while material 1 reports total revenue of $317 million and GAAP EPS of $0.16; the materials do not establish whether these are directly comparable measures.
- The reported EPS comparison differs across materials: material 1 cites a $0.10 consensus estimate, material 2 cites a $0.06 beat, and material 3 cites analyst expectations of 15 cents.
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.