Name | Value |
---|---|
Revenues | 1,275.0M |
Cost of Revenue | 233.0M |
Gross Profit | 1,042.0M |
Operating Expense | -44.0M |
Operating I/L | 1,014.0M |
Other Income/Expense | -437.0M |
Interest Income | 1,081.0M |
Pretax | 110.0M |
Income Tax Expense | 31.0M |
Net Income/Loss | 79.0M |
Navient Corporation provides education loan management and business processing solutions for education, healthcare, and government clients at federal, state, and local levels in the United States. The company operates through three segments: Federal Education Loans, Consumer Lending, and Business Processing. It owns, originates, acquires, and services refinance and in-school private education loans, as well as offers healthcare services, revenue cycle outsourcing, accounts receivable management, and business processing services to state governments, agencies, court systems, municipalities, and parking and tolling authorities. Navient also provides customizable solutions for hospitals, medical centers, physician groups, healthcare providers, and public health departments.