SLM Corp
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Sep 2025 | Jun 2025 | Mar 2025 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $401.1M | $560.0M | $545.7M | $403.6M | $581.0M | $383.9M | $514.0M | $561.2M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $80.5M | $400.4M | $185.8M | $87.6M | $403.1M | $-59.6M | $338.5M | $664.0M |
| Operating Margin | 20.1% | 71.5% | 34.1% | 21.7% | 69.4% | -15.5% | 65.9% | 118.3% |
| Interest Expense | — | — | — | — | — | — | — | $276.5M |
| Pretax Income | $80.5M | $400.4M | $185.8M | $87.6M | $403.1M | $-59.6M | $338.5M | $387.5M |
| Income Tax Expense | $21.9M | $92.4M | $50.0M | $16.4M | $98.6M | $-14.4M | $86.6M | $97.6M |
| Net Income | $58.5M | $308.0M | $135.9M | $71.3M | $304.5M | $-45.2M | $252.0M | $289.9M |
| Net Margin | 14.6% | 55.0% | 24.9% | 17.7% | 52.4% | -11.8% | 49.0% | 51.7% |
| EPS (Basic) | $0.29 | $1.56 | $0.64 | $0.32 | $1.43 | $-0.23 | $1.13 | $1.29 |
| EPS (Diluted) | $0.29 | $1.54 | $0.63 | $0.32 | $1.40 | $-0.23 | $1.11 | $1.27 |
| Shares Outstanding (Basic) | 188.6M | 195.5M | 207.1M | 209.3M | 210.7M | 214.9M | 218.9M | 220.4M |
| Shares Outstanding (Diluted) | 190.4M | 197.9M | 210.6M | 213.2M | 215.0M | 214.9M | 222.5M | 223.8M |
| Dividends Per Share | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.11 | $0.11 | $0.11 |