Navient Corporation (NAVI) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | -47M | 174M | 70M | 126M | 71M | 8M | -10M | 279M | 182M | 310M | 122M | 99M | 145M | 207M | 68M | 139M | -109M | 168M | 201M | 154M |
| Operating CF Margin % | -6.76% | 22.86% | 8.75% | 15.63% | 8.57% | 0.82% | -1% | 25.6% | 15.66% | 26.93% | 9.38% | 8.08% | 12.51% | 18.27% | 6.6% | 16.83% | -12.84% | 19.98% | 23.93% | 18.14% |
| Operating CF Growth % | -166.2% | 2075% | 800% | -54.84% | -60.99% | -97.42% | -108.2% | 181.82% | 25.52% | 49.76% | 79.41% | -28.78% | 233.03% | 23.21% | -66.17% | -9.74% | -160.89% | -1.75% | -9.05% | 8.45% |
| Net Income | 17M | -5M | -86M | 13M | -2M | 24M | -2M | 36M | 73M | -28M | 79M | 66M | 111M | 105M | 105M | 180M | 255M | -11M | 173M | 185M |
| Depreciation & Amortization | 4M | 1M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock-Based Compensation | 3M | 5M | 4M | 4M | 8M | 6M | 5M | 7M | 5M | 3M | 4M | 8M | 9M | 3M | 4M | 3M | 9M | 4M | 5M | 3M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -71M | 124M | 185M | 79M | 83M | 12M | 80M | 22M | -21M | 220M | 25M | -11M | 54M | 36M | -104M | -130M | -294M | -76M | -15M | -22M |
| Working Capital Changes | 0 | 49M | -33M | 30M | -18M | -34M | -93M | 214M | 125M | 115M | 14M | 36M | -29M | 63M | 63M | 86M | -79M | 251M | 38M | -12M |
| Change in Receivables | 0 | 124M | 4M | 20M | 52M | 7M | 65M | 167M | 109M | 21M | -2M | -57M | -12M | -96M | -63M | -36M | 48M | -41M | 55M | -47M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | -4M | -37M | 51M | -55M | 22M | -65M | 27M | -15M | 39M | -3M | 42M | -49M | 103M | 7M | 64M | -15M | 23M | -51M | 18M |
| Cash from Investing | 691M | 747M | 559M | 745M | 661M | 907M | 1.96B | 3.27B | 2.33B | 2.02B | 1.66B | 1.83B | 1.85B | 3.77B | 2.86B | 2.21B | 1.75B | 1.56B | 894M | 1.33B |
| Capital Expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CapEx % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Investments | 43.07B | 44.26B | 44.6B | 45.33B | 46.1B | 46.74B | 49.38B | 49.34B | 618M | 55.03B | 57.08B | 58.79B | 60.65B | 62.47B | 66.27B | 69.18B | 71.46B | 73.3B | 74.89B | 75.83B |
| Other Investing | 691M | 747M | 559M | 745M | 661M | 907M | 1.96B | 3.27B | 2.33B | 2.02B | 1.66B | 1.83B | 1.85B | 3.77B | 2.86B | 2.21B | 1.75B | 1.56B | 894M | 1.33B |
| Cash from Financing | -617M | -689M | -834M | -849M | -780M | -1.6B | -3.16B | -2.49B | -2.36B | -2.34B | -2.25B | -1.44B | -4.02B | -3.08B | -2.45B | -2.12B | -2.01B | -1.46B | -1.55B | -1.83B |
| Debt Issued (Net) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Equity Issued (Net) | 0 | -26M | -26M | -24M | -35M | 114M | -33M | -38M | -43M | -70M | -75M | -80M | -85M | -85M | -95M | -105M | -115M | -150M | -150M | -200M |
| Dividends Paid | -15M | -15M | -16M | -16M | -16M | -17M | -18M | -17M | -18M | -19M | -19M | -19M | -21M | -22M | -22M | -23M | -24M | -25M | -26M | -27M |
| Share Repurchases | -23M | -26M | -26M | -24M | -35M | -65M | -33M | -38M | -43M | -70M | -75M | -80M | -85M | -85M | -95M | -105M | -115M | -150M | -150M | -200M |
| Other Financing | -602M | 190M | 9M | -121M | -9M | -9.7B | 9M | -7M | 155M | 14M | -86M | 28M | -57M | 19M | 14M | 13M | 43M | -2.07B | -26M | 157M |
| Net Change in Cash | 27M | 232M | -205M | 22M | -48M | -690M | -1.21B | 1.06B | 155M | -8M | -467M | 490M | -2.03B | 895M | 476M | 222M | -364M | 267M | -451M | -340M |
| Free Cash Flow | -47M | 174M | 70M | 126M | 71M | 8M | -10M | 279M | 182M | 310M | 122M | 99M | 145M | 207M | 68M | 139M | -109M | 168M | 201M | 154M |
| FCF Margin % | -6.76% | 22.86% | 8.75% | 15.63% | 8.57% | 0.82% | -1% | 25.6% | 15.66% | 26.93% | 9.38% | 8.08% | 12.51% | 18.27% | 6.6% | 16.83% | -12.84% | 19.98% | 23.93% | 18.14% |
| FCF Growth % | -166.2% | 2075% | 800% | -54.84% | -60.99% | -97.42% | -108.2% | 181.82% | 25.52% | 49.76% | 79.41% | -28.78% | 233.03% | 23.21% | -66.17% | -9.74% | -160.89% | -1.75% | -9.05% | 8.45% |
| FCF per Share | -0.49 | 2.09 | 0.71 | 1.25 | 0.70 | 0.07 | -0.09 | 2.49 | 1.60 | 2.54 | 1.01 | 0.79 | 1.12 | 1.54 | 0.48 | 0.95 | -0.71 | 1.09 | 1.20 | 0.88 |
| FCF Conversion (FCF/Net Income) | -2.76x | -34.80x | -0.81x | 9.00x | -35.50x | 0.33x | 5.00x | 7.75x | 2.49x | -11.07x | 1.54x | 1.50x | 1.31x | 1.97x | 0.65x | 0.77x | -0.43x | -15.27x | 1.16x | 0.83x |
| Interest Paid | 0 | 584M | 665M | 611M | 703M | 707M | 851M | 814M | 866M | 863M | 880M | 843M | 845M | 696M | 560M | 348M | 300M | 328M | 327M | 361M |
| Taxes Paid | 0 | 1M | 24M | 0 | 1M | -31M | 1M | 22M | 8M | 24M | 24M | 3M | 6M | 1M | 2M | 22M | 5M | 46M | 48M | 95M |