Originates private education loans for students and families.
Sep 2026Revenue $2.52B/yrExpenses $1.79B/yr
No trend
Figures by year
Is SLM profitable?
Yes. In the 12 months to Sep 2026, revenue was $2.52B and expenses $1.79B.
| Fiscal year to | Revenue | Expenses | Pre-tax profit |
|---|---|---|---|
| Dec 2025 | $2.63B | $1.63B | $993M |
| Dec 2024 | $2.62B | $1.82B | $799M |
| Dec 2023 | $2.59B | $1.81B | $778M |
| Dec 2022 | $2.03B | $1.40B | $631M |
| Dec 2021 | $1.78B | $237M | $1.54B |
| Dec 2020 | $2.02B | $868M | $1.15B |
| Dec 2019 | $2.33B | $1.59B | $744M |
| Dec 2018 | $1.94B | $1.38B | $559M |
| Dec 2017 | $1.44B | $946M | $491M |
| Dec 2016 | $1.08B | $663M | $414M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.