---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-111390"
form_type: "8-K/A"
ticker: "NAVI"
cik: "0001593538"
company_name: "NAVIENT CORP"
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T07:59:40.694579+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Navient Q1 GAAP EPS $0.64, core EPS $0.47; corrects prior Q4 loan metrics

## Summary
- GAAP net income $73M ($0.64 diluted EPS); Core earnings $54M ($0.47 diluted EPS).
- Regulatory-related expenses $14M, including $12M CFPB accrual; FFELP prepayments $1.6B.
- Originated $259M private education loans; repurchased $43M shares; $247M remaining authority.
- Corrected 4Q23 delinquency rates: 30-day 13.9% (was 15.0%), 90-day 7.5% (was 8.7%), forbearance 16.8% (was 15.8%).

## SEC filing metadata
- accession: 0001193125-24-111390
- form_type: 8-K/A
- ticker: NAVI
- cik: 0001593538
- company_name: NAVIENT CORP
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1593538/000119312524111390/0001193125-24-111390-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1593538/000119312524111390/d747872d8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-111390
- JSON: https://secwatch.observer/filing/0001193125-24-111390.json
- Plain text: https://secwatch.observer/filing/0001193125-24-111390.txt

## Key facts
- Earnings Releases
  NAVIENT CORP reported the quarter ended March 31, 2024 results: net income $73 million ($0.64 diluted earnings per share), EPS $0.64 diluted earnings per share.
  - Period: the quarter ended March 31, 2024
  - Net income: $73 million ($0.64 diluted earnings per share)
  - EPS: $0.64 diluted earnings per share
  - Result: reported results
  source text: GAAP net income of $73 million ($0.64 diluted earnings per share).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1593538/000119312524111390/0001193125-24-111390-index.htm

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