Navient Corp (JSM)
It posted a net loss of $50M. At June 30, 2026 it held $770M in cash against $40.1B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 7, 2026.
Key facts about Navient Corp
- Net worth
- Navient Corp has a market value (market cap) of $1.5B at the latest share price, and shareholders' equity of $2.4B on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2024 revenue was $271M (-15.6% year on year), with net income of $131M.
- Cash flow
- In fiscal 2025 operations brought in $441M of cash.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on August 7, 2026 and covers the period to June 30, 2026. Open on SEC EDGAR
- Next earnings report
- Navient Corp's next report was expected around October 28, 2026 and is not on file with the SEC yet.
- Dividend
- Navient Corp paid dividends of $0.64 per share in fiscal 2025, a yield of 4.16% at the current price.
What Navient Corp does
Navient Corp is registered with the SEC under industry code SIC 6211 (Security Brokers, Dealers & Flotation Companies). Its shares trade on NASDAQ under the ticker JSM.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | n/a | -$80M | -$0.81 | n/a |
| 2024 | $271M | $131M | $1.18 | n/a |
| 2023 | $321M | $228M | $1.85 | n/a |
| 2022 | $332M | $645M | $4.49 | n/a |
| 2021 | $507M | $717M | $4.18 | n/a |
| 2020 | $388M | $412M | $2.12 | n/a |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Dividends
Navient Corp paid $0.64 per share in fiscal 2025. At the current price that is a yield of 4.16%. It paid out $63M in cash dividends.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $0.64 | $63M | n/a |
| 2024 | $0.64 | $70M | 53% |
| 2023 | $0.64 | $78M | 34% |
| 2022 | $0.64 | $91M | 14% |
| 2021 | $0.64 | $107M | 15% |
| 2020 | $0.64 | $123M | 30% |
Latest SEC filings
What Navient Corp has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 2, 2026
- November 2, 2026
- October 29, 2026Deregistration 15-12G
- October 29, 2026Form POSASR filing POSASR
- October 29, 2026Form POSASR filing POSASR
- October 29, 2026Form POSASR filing POSASR
- October 29, 2026Form POSASR filing POSASR
- October 29, 2026Form POSASR filing POSASR
- October 29, 2026Form S-8 POS filing S-8 POS
- October 29, 2026Form S-8 POS filing S-8 POS
Insider trades
What the people running Navient Corp did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider bought or sold shares on the open market in the last 90 days. The 1 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| September 24, 2026 | Offereins Diane EDirector | Received as pay | 10,035 | - |
| June 4, 2026 | Yowan David L.President & CEO, Director | Received as pay | 36,235 | - |
| June 4, 2026 | Yowan David L.President & CEO, Director | Shares withheld for tax | 14,676 | $114K |
| June 4, 2026 | Yowan David L.President & CEO, Director | Exercised options | 107,363 | - |
| June 4, 2026 | Yowan David L.President & CEO, Director | Shares withheld for tax | 43,482 | $337.9K |
| June 4, 2026 | Yowan David L.President & CEO, Director | Other change | 63,881 | $496.4K |
| June 4, 2026 | Yowan David L.President & CEO, Director | Received as pay | 18,018 | $140K |
| June 4, 2026 | Arnold FrederickDirector | Received as pay | 18,018 | $140K |
Who owns JSM
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Sherborne Investors Management LP13D, may seek influence with 7 related filers | 31.3% | April 17, 2026 |
| Dimensional Fund Advisors LP13G, passive | 5.6% | July 14, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 256 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Sherborne Investors Management LP | 29,449,997 | 0 |
| BlackRock, Inc. | 12,953,626 | +237,745 |
| Dimensional Fund Advisors LP | 5,310,075 | -1,073,458 |
| Vanguard Capital Management LLC | 2,803,871 | -86,900 |
| State Street Corp | 2,744,553 | +141,680 |
| Vanguard Portfolio Management LLC | 2,403,294 | -1,274,231 |
| American Century Companies Inc | 2,025,374 | -72,860 |
| Wellington Management Group Llp | 1,939,380 | +568,590 |
| Charles Schwab Investment Management Inc | 1,843,645 | -345,559 |
| Geode Capital Management, LLC | 1,734,114 | -2,065 |
| Hotchkis & Wiley Capital Management LLC | 1,610,764 | +203,580 |
| Gator Capital Management, LLC | 1,590,727 | +1,394,532 |
| Jupiter Asset Management Ltd | 1,479,131 | +299,731 |
| Bank of America Corp | 1,408,769 | +165,005 |
| Arbiter Partners Capital Management LLC | 1,325,096 | +812,548 |
| Allianz Asset Management GmbH | 1,323,427 | +136,988 |
| Morgan Stanley | 1,300,355 | -7,499 |
| Goldman Sachs Group Inc | 1,278,685 | +277,205 |
| Citadel Advisors LLC | 1,073,458 | -237,762 |
| Squarepoint Ops LLC | 939,099 | +557,141 |
Insiders
6 insiders reported holding 1,181,486 shares in total, about $18.2M at the last price.
| Holder | Shares |
|---|---|
| Yowan David L.President & CEO, Director | 411,261 |
| Hauber Stephen MEVP, CFO & PAO | 353,517 |
| Standish TroyEVP & Chief Operating Officer | 251,859 |
| Arnold FrederickDirector | 98,885 |
| Lawson Michael ADirector | 55,928 |
| Offereins Diane EDirector | 10,035 |
Questions about JSM
What does Navient Corp do?
Navient Corp is a company in the Finance sector, listed on NASDAQ as JSM. Its shares trade on NASDAQ under the ticker JSM.
What is Navient Corp's net worth?
Navient Corp has a market value (market cap) of $1.5B at the latest share price, and shareholders' equity of $2.4B on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Navient Corp profitable?
No. Over the twelve months to June 30, 2026 it reported a net loss of $50M.
When did Navient Corp last report?
Its most recent periodic report is the quarterly report (10-Q) filed on August 7, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the shelf registration to sell securities from November 2, 2026.
When is Navient Corp's next earnings report?
Navient Corp's next report was expected around October 28, 2026 and is not on file with the SEC yet.
Does Navient Corp pay a dividend?
Yes. Navient Corp paid dividends of $0.64 per share in fiscal 2025, a yield of 4.16% at the current price.
Similar companies
Compare JSM with
Follow JSM
Get an email when Navient Corp files with the SEC: results, executive changes, material agreements and annual reports.
Where the numbers come from
Financial figures are the values Navient Corp tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.