NAVIENT CORP Quarterly Interest Expense in USD from Q1 2013 to Q2 2024

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Navient Corp quarterly/annual Interest Expense history and growth rate from Q1 2013 to Q2 2024.
  • Navient Corp Interest Expense for the quarter ending June 30, 2024 was $843M, a 8.27% decline year-over-year.
  • Navient Corp Interest Expense for the twelve months ending June 30, 2024 was $3.52B, a 10% increase year-over-year.
  • Navient Corp annual Interest Expense for 2023 was $3.56B, a 69.2% increase from 2022.
  • Navient Corp annual Interest Expense for 2022 was $2.1B, a 59.7% increase from 2021.
  • Navient Corp annual Interest Expense for 2021 was $1.32B, a 35.7% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Quarterly (USD)
Interest Expense, YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q2 2024 $3.52B $843M -$76M -8.27% Apr 1, 2024 Jun 30, 2024 10-Q 2024-07-24
Q1 2024 $3.6B $875M +$38M +4.54% Jan 1, 2024 Mar 31, 2024 10-Q 2024-04-24
Q4 2023 $3.56B $922M +$121M +15.1% Oct 1, 2023 Dec 31, 2023 10-K 2024-02-26
Q3 2023 $3.44B $879M +$238M +37.1% Jul 1, 2023 Sep 30, 2023 10-Q 2023-10-25
Q2 2023 $3.2B $919M +$548M +148% Apr 1, 2023 Jun 30, 2023 10-Q 2024-07-24
Q1 2023 $2.65B $837M +$548M +190% Jan 1, 2023 Mar 31, 2023 10-Q 2024-04-24
Q4 2022 $2.1B $801M +$479M +149% Oct 1, 2022 Dec 31, 2022 10-K 2024-02-26
Q3 2022 $1.62B $641M +$315M +96.6% Jul 1, 2022 Sep 30, 2022 10-Q 2023-10-25
Q2 2022 $1.31B $371M +$32M +9.44% Apr 1, 2022 Jun 30, 2022 10-Q 2023-07-26
Q1 2022 $1.28B $289M -$40M -12.2% Jan 1, 2022 Mar 31, 2022 10-Q 2023-04-26
Q4 2021 $1.32B $322M -$66M -17% Oct 1, 2021 Dec 31, 2021 10-K 2024-02-26
Q3 2021 $1.38B $326M -$99M -23.3% Jul 1, 2021 Sep 30, 2021 10-Q 2022-10-26
Q2 2021 $1.48B $339M -$180M -34.7% Apr 1, 2021 Jun 30, 2021 10-Q 2022-07-27
Q1 2021 $1.66B $329M -$385M -53.9% Jan 1, 2021 Mar 31, 2021 10-Q 2022-04-27
Q4 2020 $2.05B $388M -$386M -49.9% Oct 1, 2020 Dec 31, 2020 10-K 2023-02-24
Q3 2020 $2.43B $425M -$429M -50.2% Jul 1, 2020 Sep 30, 2020 10-Q 2021-10-27
Q2 2020 $2.86B $519M -$392M -43% Apr 1, 2020 Jun 30, 2020 10-Q 2021-07-28
Q1 2020 $3.25B $714M -$235M -24.8% Jan 1, 2020 Mar 31, 2020 10-Q 2021-04-28
Q4 2019 $3.49B $774M -$187M -19.5% Oct 1, 2019 Dec 31, 2019 10-K 2022-02-25
Q3 2019 $3.68B $854M -$81M -8.66% Jul 1, 2019 Sep 30, 2019 10-Q 2020-10-30
Q2 2019 $3.76B $911M -$18M -1.94% Apr 1, 2019 Jun 30, 2019 10-Q 2020-08-05
Q1 2019 $3.77B $949M +$106M +12.6% Jan 1, 2019 Mar 31, 2019 10-Q 2020-05-01
Q4 2018 $3.67B $961M +$169M +21.3% Oct 1, 2018 Dec 31, 2018 10-K 2021-02-26
Q3 2018 $3.5B $935M +$150M +19.1% Jul 1, 2018 Sep 30, 2018 10-Q 2019-11-01
Q2 2018 $3.35B $929M +$210M +29.2% Apr 1, 2018 Jun 30, 2018 10-Q 2019-08-02
Q1 2018 $3.14B $843M +$168M +24.9% Jan 1, 2018 Mar 31, 2018 10-Q 2019-05-03
Q4 2017 $2.97B $792M +$142M +21.8% Oct 1, 2017 Dec 31, 2017 10-K 2020-02-27
Q3 2017 $2.83B $785M +$158M +25.2% Jul 1, 2017 Sep 30, 2017 10-Q 2018-11-02
Q2 2017 $2.67B $719M +$120M +20% Apr 1, 2017 Jun 30, 2017 10-Q 2018-08-03
Q1 2017 $2.55B $675M +$110M +19.5% Jan 1, 2017 Mar 31, 2017 10-Q 2018-05-03
Q4 2016 $2.44B $650M +$129M +24.8% Oct 1, 2016 Dec 31, 2016 10-K 2019-02-26
Q3 2016 $2.31B $627M +$103M +19.7% Jul 1, 2016 Sep 30, 2016 10-Q 2017-10-27
Q2 2016 $2.21B $599M +$84M +16.3% Apr 1, 2016 Jun 30, 2016 10-Q 2017-08-01
Q1 2016 $2.13B $565M +$51M +9.92% Jan 1, 2016 Mar 31, 2016 10-Q 2017-04-27
Q4 2015 $2.07B $521M +$9M +1.76% Oct 1, 2015 Dec 31, 2015 8-K 2018-05-03
Q3 2015 $2.07B $524M +$16M +3.15% Jul 1, 2015 Sep 30, 2015 10-Q 2016-11-07
Q2 2015 $2.05B $515M +$2M +0.39% Apr 1, 2015 Jun 30, 2015 10-Q 2016-07-25
Q1 2015 $2.05B $514M -$16M -3.02% Jan 1, 2015 Mar 31, 2015 10-Q 2016-04-28
Q4 2014 $2.06B $512M -$33M -6.06% Oct 1, 2014 Dec 31, 2014 10-K 2017-02-24
Q3 2014 $2.1B $508M -$33M -6.1% Jul 1, 2014 Sep 30, 2014 10-Q 2015-10-30
Q2 2014 $2.13B $513M -$40M -7.23% Apr 1, 2014 Jun 30, 2014 10-Q 2015-08-03
Q1 2014 $2.17B $530M -$41M -7.18% Jan 1, 2014 Mar 31, 2014 10-Q 2015-04-30
Q4 2013 $2.21B $545M Oct 1, 2013 Dec 31, 2013 10-K 2016-02-25
Q3 2013 $541M Jul 1, 2013 Sep 30, 2013 10-Q 2014-10-30
Q2 2013 $553M Apr 1, 2013 Jun 30, 2013 10-Q 2014-08-01
Q1 2013 $571M Jan 1, 2013 Mar 31, 2013 10-Q 2014-05-09
* An asterisk sign (*) next to the value indicates that the value is likely invalid.