Earnings ·
Navient posts $0.16 diluted EPS for Q3 2026 as loan originations rise 77% to $1.4 billion
JSMNavient Holdings, Inc.
Navient Holdings reported third-quarter 2026 net income of $15 million, or $0.16 per diluted share, on a GAAP basis. Earnings included derivative hedging gains and tax benefits totaling $12 million; Core Earnings were $3 million, or $0.03 per diluted share. The quarter saw loan originations under the Earnest brand reach $1.4 billion, up 77% year-over-year, driven by $870 million in Refinance Loans and $479 million in In-School Loans. Results also included a $162 million gain from selling approximately $750 million of Legacy Private Education Loans and a $23 million net fair value increase on newly originated In-School Loans. Navient operates in the education finance sector, providing student loan servicing, refinancing, and portfolio management.