---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-268371"
form_type: "8-K"
ticker: "NAVI"
cik: "0001593538"
company_name: "NAVIENT CORP"
filed_at: "2022-10-25T23:59:59+00:00"
generated_at: "2026-06-23T01:18:38.072238+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Navient Q3 GAAP net income $105M ($0.75 EPS); Adjusted Core EPS $0.75, shares repurchased $95M

## Summary
- GAAP net income $105M, diluted EPS $0.75; Adjusted Core EPS $0.75; Core EPS $0.62.
- Pre-tax income reduced by $10M from incremental FFELP consolidation related to loan forgiveness plans; $28M provision for loan losses for deteriorating economy.
- Consumer Lending originated $447M of private loans; delinquency rate 4.4% remains below pre-pandemic levels.
- Repurchased $95M of common shares; $685M share repurchase authority remains; paid $22M in dividends.
- Business Processing segment EBITDA $13M on revenue $79M.

## SEC filing metadata
- accession: 0001193125-22-268371
- form_type: 8-K
- ticker: NAVI
- cik: 0001593538
- company_name: NAVIENT CORP
- filed_at: 2022-10-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1593538/000119312522268371/0001193125-22-268371-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1593538/000119312522268371/d307233d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-268371
- JSON: https://secwatch.observer/filing/0001193125-22-268371.json
- Plain text: https://secwatch.observer/filing/0001193125-22-268371.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.