SLM Quarterly Balance Sheet
NASDAQ: SLMFinanceFinance: Consumer ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
SLM financial position
As of Jun 30, 2026, SLM reported total assets of $28.58 billion, down 3.5% from a year earlier against total liabilities of $26.10 billion. Shareholders' equity stood at $2.47 billion, or 8.7% of assets. The company held $4.59 billion in cash and equivalents against $5.84 billion of debt, a net debt position of $1.26 billion.
Debt-to-equity was 2.36.
Summary generated from market data by MetaCap's automated system. Methodology
SLM balance sheet (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 4.59B | 5.16B | 4.24B | 3.54B | 4.09B | 3.70B | 4.70B | 4.49B | 5.26B | 3.58B | 4.15B | 3.55B |
| Property, Plant & Equipment | 123.43M | 121.55M | 122.19M | 119.29M | 117.82M | 117.43M | 119.35M | 122.97M | 126.44M | 127.41M | 129.50M | 132.62M |
| Goodwill | 56.00M | 56.00M | 56.00M | 56.00M | 56.00M | 56.00M | 56.00M | 56.00M | 56.00M | 56.00M | 56.00M | 56.00M |
| Intangible Assets | 2.44M | 3.13M | 3.87M | 4.66M | 5.51M | 6.41M | 7.43M | 8.77M | 10.00M | 11.39M | 12.61M | 71.62M |
| Total Assets | 28.58B | 29.41B | 29.75B | 29.61B | 29.60B | 28.90B | 30.07B | 30.01B | 28.77B | 28.28B | 29.17B | 29.27B |
| Short-Term Debt | 0 | 498.89M | 498.42M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Debt | 5.84B | 5.67B | 5.36B | 6.84B | 6.41B | 6.15B | 6.44B | 6.04B | 5.40B | 4.98B | 5.23B | 5.52B |
| Total Liabilities | 26.10B | 26.97B | 27.29B | 27.26B | 27.23B | 26.50B | 27.91B | 27.88B | 26.49B | 26.16B | 27.29B | 27.47B |
| Shareholders' Equity | 2.47B | 2.44B | 2.45B | 2.34B | 2.37B | 2.40B | 2.16B | 2.13B | 2.28B | 2.11B | 1.88B | 1.80B |
| Retained Earnings | 5.04B | 5.01B | 4.73B | 4.53B | 4.43B | 4.39B | 4.11B | 4.03B | 4.11B | 3.88B | 3.62B | 3.49B |
| Total Debt | 5.84B | 6.17B | 5.86B | 6.84B | 6.41B | 6.15B | 6.44B | 6.04B | 5.40B | 4.98B | 5.23B | 5.52B |
| Net Cash (Debt) | -1.26B | -1.01B | -1.62B | -3.30B | -2.32B | -2.45B | -1.74B | -1.55B | -140.56M | -1.39B | -1.08B | -1.97B |
This table shows 12 quarterly periods of SLM's balance sheet, from Q2 2026 back to Q3 2023, across 13 line items including cash & equivalents, property, plant & equipment, goodwill. Values in USD; B = billions, M = millions. Fiscal periods follow SLM's reporting calendar. What is a balance sheet?