SLM Quarterly Income Statement
NASDAQ: SLMFinanceFinance: Consumer ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
SLM revenue and earnings
In the quarter ended Jun 30, 2026, SLM generated $401.1 million in revenue, down 0.6% from the same quarter a year earlier. Net income was $58.5 million (-17.9% year over year), for a net margin of 14.6% versus a median of 51.4% in the prior 5 quarters. Diluted earnings per share came in at $0.29, down from $0.32.
Summary generated from market data by MetaCap's automated system. Methodology
SLM income statement (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 401.11M | 559.99M | 454.10M | 545.68M | 403.60M | 581.01M | 389.97M | 383.93M | 513.98M | 561.17M | 443.00M | 408.87M |
| Revenue growth (YoY) | -0.62% | -3.62% | +16.44% | +42.13% | -21.48% | +3.54% | -11.97% | -6.10% | -3.15% | +31.49% | +29.99% | -12.00% |
| Operating Expenses | 194.98M | 171.10M | 156.89M | 180.40M | 167.24M | 154.61M | 149.63M | 172.02M | 158.60M | 161.65M | 143.10M | 167.40M |
| Interest Expense | 269.23M | 273.90M | 279.76M | 284.61M | 279.94M | 281.12M | 299.18M | 293.24M | 269.30M | 276.54M | 282.66M | 267.62M |
| Pretax Income | 80.46M | 400.35M | 316.00M | 185.81M | 87.63M | 403.12M | 132.17M | -59.56M | 338.55M | 387.49M | 225.29M | 40.61M |
| Income Tax | 21.94M | 92.40M | 82.81M | 49.96M | 16.36M | 98.58M | 20.61M | -14.41M | 86.55M | 97.55M | 56.84M | 11.24M |
| Net Income | 58.52M | 307.95M | 233.19M | 135.85M | 71.27M | 304.54M | 111.55M | -45.15M | 251.99M | 289.93M | 168.44M | 29.36M |
| Net Income growth (YoY) | -17.89% | +1.12% | +109.04% | — | -71.72% | +5.04% | -33.77% | -253.76% | -4.93% | +144.63% | — | -60.94% |
| EPS (Basic) | 0.29 | 1.56 | 1.13 | 0.64 | 0.32 | 1.43 | 0.54 | -0.23 | 1.13 | 1.29 | 0.73 | 0.11 |
| EPS (Diluted) | 0.29 | 1.54 | 1.11 | 0.63 | 0.32 | 1.40 | 0.53 | -0.23 | 1.11 | 1.27 | 0.72 | 0.11 |
| Shares Outstanding (Basic) | 188.58M | 195.46M | — | 207.14M | 209.28M | 210.68M | — | 214.87M | 218.92M | 220.42M | — | 226.12M |
| Shares Outstanding (Diluted) | 190.38M | 197.88M | — | 210.61M | 213.22M | 214.99M | — | 214.87M | 222.47M | 223.84M | — | 228.80M |
| Net Margin | 14.59% | 54.99% | 51.35% | 24.90% | 17.66% | 52.42% | 28.61% | -11.76% | 49.03% | 51.67% | 38.02% | 7.18% |
This table shows 12 quarterly periods of SLM's income statement, from Q2 2026 back to Q3 2023, across 11 line items including revenue, operating expenses, interest expense. Values in USD; B = billions, M = millions. Fiscal periods follow SLM's reporting calendar. What is a income statement?