SLM · XBRL financial data

SLM financial statements, every fiscal year

The same tables from 7 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 years (SLM's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Total operating expenses	538	519	—	—	—	—
Interest expense	542	382	543	1,030	—	—
Income tax expense (benefit)	273	380	162	197	190	248
Net income (loss)	881	1,161	469	581	608	745
Earnings per share, basic USD per share	2.27	3.67	1.78	2.44	2.73	3.52
Earnings per share, diluted USD per share	2.25	3.61	1.76	2.41	2.68	3.46
Weighted average shares, basic millions of shares	384	315	258	231	216	207
Weighted average shares, diluted millions of shares	387	320	262	234	220	211

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

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	4,455	4,335	4,616	4,150	4,700	4,241
Property and equipment, net	155	151	141	130	119	122
Goodwill	—	—	51	56	56	56
Total assets	30,770	29,222	28,811	29,169	30,072	29,746
Total deposits	22,666	20,828	21,448	21,653	21,069	21,060
Total liabilities	28,208	27,072	27,084	27,289	27,912	27,295
Retained earnings	1,722	2,817	3,164	3,625	4,114	4,734
Total stockholders' equity	—	—	1,727	1,881	2,160	2,451
Total liabilities and equity	30,770	29,222	28,811	29,169	30,072	29,746
Common shares outstanding (cover page) millions of shares	364	279	241	220	210	198

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

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	881	1,161	469	581	608	745
Stock-based compensation	36	31	34	36	40	41
Net cash from operating activities	(183)	(50)	5	(145)	(329)	(399)
Net cash from investing activities	947	2,605	1,077	(12)	676	1,047
Share repurchases	558	1,531	713	350	248	369
Dividends paid	46	60	113	101	99	108
Net cash from financing activities	(1,876)	(2,620)	(855)	(316)	228	(1,104)
Net change in cash	(1,111)	(64)	227	(473)	575	(456)

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.