---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-014217"
form_type: "8-K"
ticker: "NAVI"
cik: "0001593538"
company_name: "NAVIENT CORP"
filed_at: "2023-01-24T23:59:59+00:00"
generated_at: "2026-06-20T10:51:01.107844+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Navient Q4 GAAP net income $105M ($0.78 EPS); adjusted EPS $0.85, full-year EPS $4.49

## Summary
- GAAP net income of $105M ($0.78 diluted EPS); Adjusted Core EPS $0.85; Core EPS $0.76.
- Full-year 2022 GAAP net income $645M ($4.49 diluted EPS); Adjusted Core EPS $3.43.
- Federal Education Loans net income $97M; Consumer Lending net income $84M, originations $169M; Business Processing EBITDA $8M.
- Repurchased $85M of common shares; $600M repurchase authority remains; paid $21M dividends.
- Adjusted Core Earnings expenses $185M; restructuring expenses $12M, regulatory expenses $2M.

## SEC filing metadata
- accession: 0001193125-23-014217
- form_type: 8-K
- ticker: NAVI
- cik: 0001593538
- company_name: NAVIENT CORP
- filed_at: 2023-01-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1593538/000119312523014217/0001193125-23-014217-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1593538/000119312523014217/d404855d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-014217
- JSON: https://secwatch.observer/filing/0001193125-23-014217.json
- Plain text: https://secwatch.observer/filing/0001193125-23-014217.txt

## Key facts
- Earnings Releases
  NAVIENT CORP reported the quarter ended December 31, 2022 results: net income $105 million, EPS $0.78 diluted earnings per share.
  - Period: the quarter ended December 31, 2022
  - Net income: $105 million
  - EPS: $0.78 diluted earnings per share
  - Result: reported results
  source text: FOURTH QUARTER – OVERALL RESULTS • GAAP net income of $105 million ($0.78 diluted earnings per share).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1593538/000119312523014217/0001193125-23-014217-index.htm
- Earnings Releases
  NAVIENT CORP reported the fiscal year ended December 31, 2022 results: net income $645 million, EPS $4.49 diluted earnings per share.
  - Period: the fiscal year ended December 31, 2022
  - Net income: $645 million
  - EPS: $4.49 diluted earnings per share
  - Result: reported results
  source text: FULL YEAR RESULTS • GAAP net income of $645 million ($4.49 diluted earnings per share).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1593538/000119312523014217/0001193125-23-014217-index.htm

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