---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-183075"
form_type: "8-K"
ticker: "NAVI"
cik: "0001593538"
company_name: "NAVIENT CORP"
filed_at: "2024-07-24T23:59:59+00:00"
generated_at: "2026-05-31T16:59:58.957995+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Navient Q2 2024 GAAP net income $36M ($0.32 EPS); Core EPS $0.29; strategic moves advancing

## Summary
- GAAP net income $36M ($0.32 diluted EPS); Core Earnings $33M ($0.29 diluted EPS).
- Pre-tax income reduced by $35M from restructuring ($16M), regulatory ($12M), and FFELP prepayment write-off ($7M).
- Consumer Lending net income $60M, originations $278M; Federal Education net income $28M, net interest margin 0.36%.
- Business Processing segment revenue $81M, EBITDA $20M; process to divest division launched.
- Repurchased $38M shares; $209M remaining authority; paid $17M dividends; issued $728M ABS.

## SEC filing metadata
- accession: 0001193125-24-183075
- form_type: 8-K
- ticker: NAVI
- cik: 0001593538
- company_name: NAVIENT CORP
- filed_at: 2024-07-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1593538/000119312524183075/0001193125-24-183075-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1593538/000119312524183075/d867272d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-183075
- JSON: https://secwatch.observer/filing/0001193125-24-183075.json
- Plain text: https://secwatch.observer/filing/0001193125-24-183075.txt

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