Education
About Us
Working with TipRanks
Follow Us
Navient (NAVI)
NASDAQ:NAVI
Earnings Data
Report Date
Apr 28, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.17Last Year’s EPS
0.25Same Quarter Last Year
Moderate Sell
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlighted strong operational progress: substantial and sustained expense reductions, clear capital efficiency gains from securitization, robust origination momentum at Earnest (refi doubled, in-school at record levels), and an ambitious 2026 originations and EPS outlook. Offsetting these positives are credit deterioration and higher provisions in the private legacy portfolio that materially pressured reported 2025 earnings, modest restructuring charges, and FFELP prepayment headwinds. Management portrays the provisions as largely limited to older legacy loans and emphasizes that expense reductions and securitization-driven capital efficiency position the company to fund growth and return capital. On balance, the operational and growth positives and the clear path to improved 2026 profitability modestly outweigh the near-term earnings headwinds from legacy credit provisions.Company Guidance
Exceeded Expense Reduction Target and Material Cost Declines
Completed Phase One transformation and will exceed the $400 million legacy expense reduction objective; full-year 2025 total expenses of $438 million (close to 50% decrease vs 2023) and Q4 core operating expenses of $88 million (40% improvement vs 2024). 2026 expense target of $350 million, ~20% lower than 2025 and $88 million lower in absolute terms.
Strong Earnest Origination Momentum — Refi Growth
Refi originations of $2.1 billion in 2025 (doubled YoY); refi rate-check volume nearly tripled vs 2024; Earnest had its strongest quarter with total originations of ~ $2.5 billion in 2025. Management expects refi originations to grow >50% in 2026 and is seeing improving conversion efficiency (cited 29% and 35% efficiency metrics).
Record In-School Lending Originations
In-school originations reached a record $4.1 billion in 2025 (highest ever), with ~50% of that related to graduate borrowers; management expects in-school lending growth >50% in 2026 and strong margins/credit quality.
Improved Capital Efficiency and Active ABS Financing
Nearly $2.2 billion of term ABS financing in 2025 (four securitizations), with strong investor demand and high effective cash advance rates; shift toward vertical securitization materially reduced equity required to finance new loans.
Shareholder Returns and Capital Position
Returned $41 million to shareholders in the quarter via share repurchases (2.1 million shares at $12.67 average) and dividends; maintained adjusted tangible equity ratio of 9.1% and signaled continued opportunistic repurchases in 2026.
2026 Revenue and Earnings Outlook
Targeting total loan originations of $4.0 billion for 2026 (~60% growth vs 2025) and issued full-year 2026 core EPS guidance of $0.65 to $0.80 (this range nets a $0.35 to $0.40 per share impact from upfront CECL charges and incremental operating expenses tied to $1.5 billion incremental loan originations).
Credit Trend Improvements in Some Metrics
Private charge-off rate improved sequentially, declining from 2.48% in Q3 to 2.24% in Q4; FFELP provision fell to $1 million in Q4 and Federal segment expenses were down ~20% YoY, supporting improved operating leverage.
NAVI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
NAVI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 28, 2026 | $12.04 | $9.81 | -18.52% |
Oct 29, 2025 | $12.77 | $11.52 | -9.79% |
Jul 30, 2025 | $13.45 | $12.37 | -8.03% |
Apr 30, 2025 | $12.24 | $11.94 | -2.45% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Navient (NAVI) report earnings?
Navient (NAVI) is schdueled to report earning on Apr 28, 2026, After Close (Confirmed).
What is Navient (NAVI) earnings time?
Navient (NAVI) earnings time is at Apr 28, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NAVI EPS forecast?
NAVI EPS forecast for the fiscal quarter 2026 (Q1) is 0.17.