---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-261800"
form_type: "8-K"
ticker: "NAVI"
cik: "0001593538"
company_name: "NAVIENT CORP"
filed_at: "2023-10-25T23:59:59+00:00"
generated_at: "2026-06-09T10:45:07.626470+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Navient Q3 GAAP net income $79M ($0.65 EPS); $45M CFPB charge impacts results

## Summary
- GAAP net income $79M ($0.65 diluted EPS); Core Earnings $57M ($0.47 diluted EPS).
- Pre-tax income reduced by $58M, including $45M for CFPB-related matters and $29M provision for Private Education Loan losses.
- FFELP segment net income $94M; Consumer Lending net income $56M; Business Processing revenue $85M, net income $9M.
- Repurchased $75M of common shares; $360M repurchase authority remains; paid $19M in dividends.
- Originated $382M of Private Education Loans; operating expenses $186M excluding $47M regulatory costs.

## SEC filing metadata
- accession: 0001193125-23-261800
- form_type: 8-K
- ticker: NAVI
- cik: 0001593538
- company_name: NAVIENT CORP
- filed_at: 2023-10-25T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1593538/000119312523261800/0001193125-23-261800-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1593538/000119312523261800/d434954d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-261800
- JSON: https://secwatch.observer/filing/0001193125-23-261800.json
- Plain text: https://secwatch.observer/filing/0001193125-23-261800.txt

## Key facts
- Earnings Releases
  NAVIENT CORP reported third quarter 2023 results: net income $79 million ($0.65 diluted earnings per share).
  - Period: third quarter 2023
  - Net income: $79 million ($0.65 diluted earnings per share)
  - Result: reported results
  source text: Navient (Nasdaq: NAVI) today released its third-quarter 2023 financial results.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1593538/000119312523261800/0001193125-23-261800-index.htm

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