---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-246699"
form_type: "8-K"
ticker: "NAVI"
cik: "0001593538"
company_name: "NAVIENT CORP"
filed_at: "2024-10-30T23:59:59+00:00"
generated_at: "2026-05-30T08:16:14.180622+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Navient Q3 GAAP net loss $2M; core EPS $1.45 on $219M Xtend sale gain

## Summary
- GAAP net loss of $2M ($0.02 diluted loss); core earnings of $160M ($1.45 diluted EPS).
- Pre-tax income boosted $166M from $219M gain on Xtend Healthcare sale closed Sep 19 for $369M cash.
- Private Education Loan originations $500M, up 31% YoY; CEO says doubling Q4 share repurchases vs Q3.
- Operating expenses $170M (ex $14M regulatory costs); repurchased $33M shares, $176M authority remains.
- Business Processing segment net income $178M, EBITDA $233M; exploring divestiture of remaining govt services.

## SEC filing metadata
- accession: 0001193125-24-246699
- form_type: 8-K
- ticker: NAVI
- cik: 0001593538
- company_name: NAVIENT CORP
- filed_at: 2024-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1593538/000119312524246699/0001193125-24-246699-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1593538/000119312524246699/d844895d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-246699
- JSON: https://secwatch.observer/filing/0001193125-24-246699.json
- Plain text: https://secwatch.observer/filing/0001193125-24-246699.txt

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