JSM · As filed with the SEC

Navient balance sheet, by fiscal year

The statement as Navient presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.

Consolidated Balance Sheets · USD

USD	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018
Assets
Loans, net	—	—	—	—	—	—	—	94,498,000,000
FFELP Loans	—	—	—	—	—	—	—	72,253,000,000
Private Education Loans	—	—	—	—	—	—	—	22,245,000,000
FFELP Loans - Assets and Liabilities of Consolidated Variable Interest Entities	—	—	—	—	—	—	—	71,921,000,000
Private Education Loans - Assets and Liabilities of Consolidated Variable Interest Entities	—	—	—	—	—	—	—	19,698,000,000
Assets and Liabilities of Consolidated Variable Interest Entities	—	—	—	—	—	—	—	91,619,000,000
Available-for-sale	—	—	—	—	—	—	—	0
Loans, net	43,592,000,000	46,568,000,000	54,827,000,000	62,250,000,000	72,812,000,000	79,363,000,000	86,820,000,000	—
Assets and Liabilities of Consolidated Variable Interest Entities - FFELP Loans	—	—	—	—	52,502,000,000	58,068,000,000	64,255,000,000	—
Assets and Liabilities of Consolidated Variable Interest Entities - Private Education Loans	—	—	—	—	18,147,000,000	18,658,000,000	19,609,000,000	—
Private Education Loans	15,451,000,000	15,716,000,000	16,902,000,000	18,725,000,000	20,171,000,000	21,079,000,000	22,245,000,000	—
Assets and Liabilities of Consolidated Variable Interest Entities	—	—	—	—	70,649,000,000	76,726,000,000	83,864,000,000	—
FFELP Loans	28,141,000,000	30,852,000,000	37,925,000,000	43,525,000,000	52,641,000,000	58,284,000,000	64,575,000,000	—
Held-to-maturity	—	—	—	60,000,000	74,000,000	15,000,000	19,000,000	—
Other	—	—	—	107,000,000	193,000,000	270,000,000	192,000,000	226,000,000
Total investments	—	—	—	—	—	—	—	226,000,000
Investments	166,000,000	143,000,000	146,000,000	167,000,000	267,000,000	285,000,000	211,000,000	—
Cash and cash equivalents	637,000,000	722,000,000	839,000,000	1,535,000,000	905,000,000	1,183,000,000	1,233,000,000	1,286,000,000
Restricted cash and cash equivalents	1,467,000,000	1,381,000,000	1,954,000,000	3,272,000,000	2,673,000,000	2,354,000,000	2,548,000,000	3,976,000,000
Goodwill and acquired intangible assets, net	434,000,000	437,000,000	695,000,000	705,000,000	725,000,000	735,000,000	757,000,000	786,000,000
Other assets	2,385,000,000	2,538,000,000	2,914,000,000	2,866,000,000	3,223,000,000	3,492,000,000	3,334,000,000	3,404,000,000
Total assets	48,681,000,000	51,789,000,000	61,375,000,000	70,795,000,000	80,605,000,000	87,412,000,000	94,903,000,000	104,176,000,000
Assets and Liabilities of Consolidated Variable Interest Entities	—	—	—	—	74,820,000,000	80,468,000,000	87,459,000,000	—
Assets and Liabilities of Consolidated Variable Interest Entities	—	—	—	—	2,649,000,000	2,322,000,000	2,506,000,000	3,928,000,000
Assets and Liabilities of Consolidated Variable Interest Entities	—	—	—	—	1,522,000,000	1,420,000,000	1,089,000,000	956,000,000
Liabilities
Short-term borrowings	5,073,000,000	5,134,000,000	4,226,000,000	5,870,000,000	2,490,000,000	6,613,000,000	8,483,000,000	5,422,000,000
Assets and Liabilities of Consolidated Variable Interest Entities	—	—	—	—	2,188,000,000	5,595,000,000	7,089,000,000	4,341,000,000
Long-term borrowings	40,633,000,000	43,184,000,000	53,402,000,000	61,026,000,000	74,488,000,000	77,332,000,000	81,715,000,000	93,519,000,000
Assets and Liabilities of Consolidated Variable Interest Entities	—	—	—	—	67,107,000,000	68,900,000,000	72,856,000,000	82,738,000,000
Other liabilities	576,000,000	830,000,000	987,000,000	922,000,000	1,019,000,000	1,020,000,000	1,356,000,000	1,688,000,000
Total liabilities	46,282,000,000	49,148,000,000	58,615,000,000	67,818,000,000	77,997,000,000	84,965,000,000	91,554,000,000	100,629,000,000
Assets and Liabilities of Consolidated Variable Interest Entities	—	—	—	—	—	—	—	9,424,000,000
Equity
Series A Junior Participating Preferred Stock	0	0	0	—	—	—	—	—
Common stock, par value $0.01 per share; 1.125 billion shares authorized:467 million and 465 million shares issued, respectively	4,000,000	4,000,000	4,000,000	4,000,000	4,000,000	4,000,000	4,000,000	4,000,000
Additional paid-in capital	3,403,000,000	3,380,000,000	3,353,000,000	3,313,000,000	3,282,000,000	3,226,000,000	3,198,000,000	3,145,000,000
Accumulated other comprehensive income (net of tax expense of $1 and $1, respectively)	2,000,000	3,000,000	19,000,000	87,000,000	(133,000,000)	(274,000,000)	(91,000,000)	113,000,000
Retained earnings	4,552,000,000	4,697,000,000	4,638,000,000	4,490,000,000	3,939,000,000	3,331,000,000	3,664,000,000	3,218,000,000
Total Navient Corporation stockholders’ equity before treasury stock	7,961,000,000	8,084,000,000	8,014,000,000	7,894,000,000	7,092,000,000	6,287,000,000	6,775,000,000	6,480,000,000
Less: Common stock held in treasury at cost: 371 million and 362 million shares, respectively	(5,562,000,000)	(5,443,000,000)	(5,254,000,000)	(4,917,000,000)	(4,495,000,000)	(3,854,000,000)	(3,439,000,000)	(2,961,000,000)
Total Navient Corporation stockholders’ equity	—	—	—	2,977,000,000	2,597,000,000	2,433,000,000	3,336,000,000	3,519,000,000
Noncontrolling interest	—	—	—	—	11,000,000	14,000,000	13,000,000	28,000,000
Total equity	2,399,000,000	2,641,000,000	2,760,000,000	2,977,000,000	2,608,000,000	2,447,000,000	3,349,000,000	3,547,000,000
Total liabilities and equity	48,681,000,000	51,789,000,000	61,375,000,000	70,795,000,000	80,605,000,000	87,412,000,000	94,903,000,000	104,176,000,000
Assets and Liabilities of Consolidated Variable Interest Entities	—	—	—	—	5,525,000,000	5,973,000,000	7,514,000,000	—

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.