SLM · XBRL financial data

SLM financial statements, every quarter

The same tables from 13 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (SLM's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Total operating expenses	143	—	—	—	—	—	—	—	—	—	—	—
Interest expense	283*	277	—	—	—	—	—	—	—	—	—	—
Income tax expense (benefit)	57	98	87	(14)	21*	99	16	50	83*	92	22	(27)
Net income (loss)	168	290	252	(45)	112*	305	71	136	233*	308	59	(32)
Earnings per share, basic USD per share	0.73	1.29	1.13	(0.23)	0.53*	1.43	0.32	0.64	1.16*	1.56	0.29	(0.19)
Earnings per share, diluted USD per share	0.72	1.27	1.11	(0.23)	0.51*	1.40	0.32	0.63	1.14*	1.54	0.29	(0.19)
Weighted average shares, basic millions of shares	223*	220	219	215	211*	211	209	207	202*	195	189	186
Weighted average shares, diluted millions of shares	227*	224	222	215	219*	215	213	211	205*	198	190	186

Fiscal quarters (SLM's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Cash and cash equivalents	4,150	3,584	5,262	4,490	4,700	3,695	4,092	3,539	4,241	5,157	4,588	2,165
Property and equipment, net	130	127	126	123	119	117	118	119	122	122	123	123
Goodwill	56	56	56	56	56	56	56	56	56	56	56	56
Total assets	29,169	28,277	28,769	30,013	30,072	28,899	29,603	29,605	29,746	29,410	28,579	29,841
Total deposits	21,653	20,903	20,744	21,445	21,069	20,073	20,482	20,012	21,060	20,525	19,895	20,761
Total liabilities	27,289	26,164	26,486	27,879	27,912	26,498	27,228	27,264	27,295	26,972	26,105	27,585
Retained earnings	3,625	3,885	4,108	4,035	4,114	4,386	4,426	4,531	4,734	5,011	5,041	4,981
Total stockholders' equity	1,881	2,114	2,283	2,134	2,160	2,401	2,375	2,341	2,451	2,438	2,475	2,256
Total liabilities and equity	29,169	28,277	28,769	30,013	30,072	28,899	29,603	29,605	29,746	29,410	28,579	29,841
Common shares outstanding (cover page) millions of shares	220	220	217	212	210	211	208	203	198	189	188	183

Fiscal quarters (SLM's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Net income (loss)	168	290	252	(45)	112*	305	71	136	233*	308	59	(32)
Stock-based compensation	8*	14	10*	8*	8*	13	9*	9*	9*	15	12*	11*
Net cash from operating activities	(27)*	(77)	(144)*	(113)*	5*	(146)	(139)*	(49)*	(64)*	(76)	(135)*	(106)*
Net cash from investing activities	923*	572	1,649*	(1,814)*	269*	497	(35)*	(254)*	839*	1,589	540*	(3,546)*
Share repurchases	91*	25	61*	114*	47*	30	72*	144*	124*	291	3*	128*
Dividends paid	24*	24	24*	24*	27*	27	27*	27*	26*	26	25*	24*
Net cash from financing activities	(319)*	(1,063)	167*	1,183*	(59)*	(1,357)	561*	(221)*	(88)*	(550)	(992)*	1,296*
Net change in cash	576*	(568)	1,673*	(744)*	214*	(1,006)	388*	(524)*	686*	963	(586)*	(2,356)*

SIC 6141 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 6141 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
SLM	2,165	not reported	(106)*	182.8M	Q3 FY26 10-QSep 30, 2026
OneMain Holdings	936	not reported	not reported	114.5M	Q3 FY26 10-QSep 30, 2026
Credit Acceptance	1.3	595	336*	10.1M	Q3 FY26 10-QSep 30, 2026
Bread Financial Holdings	3,961	1,017	601*	38.0M	Q3 FY26 10-QSep 30, 2026
Affirm Holdings	1,630	1,166*	296*	not reported	Q4 FY26 10-KJun 30, 2026
Nelnet	172	not reported	78*	not reported	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.