Also trades as: SLM (NASDAQ) · $vol 51M

$72.00

+0.54 (+0.76%)

Weekly Expected Move ±1.8%

$68 $69 $70 $71 $73

NASDAQ · Financial Services · Financial - Credit Services · Tech Score Strong Sell · Power 36 · $6.5B mcap · 3M float · 0.112% daily turnover · Short 60% of daily vol

Credit Risk of going bust: not rated, financial company (lending is its business) Bonds: $81.8M held by 182 funds, 191 bp over Treasuries → details ▾

Not rated: lending and leverage are a financial company's business, which the model misreads.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.

Revenue Segmentation

By Product / Service

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$3.1B +4.1% ▲

5Y CAGR: +5.8%

Gross Profit

$1.7B +14.7% ▲

5Y CAGR: -0.7%

Operating Income

$993M +24.3% ▲

5Y CAGR: -3.0%

Net Income

$745M +22.4% ▲

5Y CAGR: -3.3%

EPS (Diluted)

$3.46 +29.1% ▲

5Y CAGR: +9.0%

EBITDA

$995M +21.9% ▲

5Y CAGR: -3.2%

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$2.4B	$2.4B	$2.8B	$3.0B	$3.1B
YoY Growth	+3.4%	+0.0%	+22.0%	+3.5%	+4.1%
Cost of Revenue	$349M	$1.2B	$1.4B	$1.5B	$1.5B
Gross Profit	$2.1B	$1.2B	$1.5B	$1.4B	$1.7B
Gross Margin	85.5%	50.3%	51.6%	48.2%	53.1%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$282M	$291M	$372M	$401M	$380M
Operating Expenses	$520M	$559M	$686M	$642M	$656M
Operating Income	$1.5B	$631M	$778M	$799M	$993M
Operating Margin	63.9%	26.7%	27.4%	26.7%	31.9%
Interest Expense	$382M	$543M	$1.0B	$1.1B	$1.1B
Income Before Tax	$1.5B	$631M	$778M	$799M	$993M
Tax Expense	$380M	$162M	$197M	$190M	$248M
Net Income	$1.2B	$469M	$581M	$608M	$745M
Net Margin	48.2%	19.8%	20.5%	20.4%	24.0%
EPS (Diluted)	$3.61	$1.76	$2.41	$2.68	$3.46
EBITDA	$1.6B	$648M	$796M	$816M	$995M
Shares Outstanding	320M	262M	234M	220M	207M

Line Item	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2	FY2026 Q3
Revenue	$689M	$862M	$684M	$830M	$734M	$834M	$670M	$653M
Cost of Revenue	$407M	$304M	$429M	$464M	$261M	$262M	$395M	$491M
Gross Profit	$282M	$558M	$255M	$366M	$473M	$571M	$275M	$162M
Gross Margin	40.9%	64.7%	37.3%	44.1%	64.4%	68.5%	41.1%	24.8%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$94M	$103M	$95M	$90M	$92M	$108M	$105M	$98M
Operating Expenses	$150M	$155M	$167M	$180M	$156M	$171M	$195M	$221M
Operating Income	$132M	$403M	$88M	$186M	$316M	$400M	$80M	-$59M
Operating Margin	19.2%	46.8%	12.8%	22.4%	43.1%	48.0%	12.0%	-9.0%
Interest Expense	$299M	$281M	$280M	$285M	$280M	$274M	$269M	$277M
Income Before Tax	$132M	$403M	$88M	$186M	$316M	$400M	$80M	-$59M
Tax Expense	$21M	$99M	$16M	$50M	$83M	$92M	$22M	-$27M
Net Income	$112M	$305M	$71M	$136M	$233M	$308M	$59M	-$32M
Net Margin	16.2%	35.3%	10.4%	16.4%	31.8%	36.9%	8.7%	-4.9%
EPS (Diluted)	$0.50	$1.40	$0.32	$0.63	$1.11	$1.54	$0.29	$-0.19
EBITDA	$132M	$408M	$92M	$191M	$316M	$405M	$85M	$223M
Shares Outstanding	216M	215M	209M	207M	207M	198M	189M	186M

SLMBP NASDAQ