Financial insights of NAVI

MyFinsight

For the quarter ending 2026-03-31.

Income Statement	2026-03-31	2025-12-31	2025-09-30
Private Education Loans-Private Education Loans	277	294*	276
Federal Family Education Loan Program Ffelp Guaranteed Loans-Federal Family Education Loan Program Ffelp Guaranteed Loans	401	451*	484
Cash and investments	17	20*	21
Total interest income	695	765*	781
Total interest expense	564	672*	639
Net interest income (loss)	131	93*	142
Less provisions for loan gaines	27	-224*	168
Net interest income (loss) after provisions for loan losses	104	317*	-26
Gain on sale of subsidiary	0	0*	0
Servicing revenue	11	12*	13
Asset recovery and business processing revenue	0	23*	0
Losses on debt repurchases	-	0*	-
Other income	5	17*	10
Gains (losses) on derivative and hedging activities, net	5	-18*	-4
Total other income (loss)	21	34*	19
Salaries and benefits	32	53*	32
Other operating expenses	57	53*	73
Total operating expenses	89	106*	105
Goodwill and acquired intangible asset impairment and amortization expense	4	0*	1
Restructuring/other reorganization expenses	0	5*	4
Total expenses	93	111*	110
Income (gain) before income tax expense (benefit)	32	240*	-117
Income tax expense (benefit)	15	62*	-31
Net income (gain)	17	178	-86

Basic EPS	0.18	1.78	-0.87
Diluted EPS	0.17	1.78	-0.87
Basic Average Shares	95,000,000	100,000,000	98,000,000
Diluted Average Shares	96,000,000	100,000,000	98,000,000

Unit: Million (M) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.