SLM - NASDAQ
SLM Corporation
$21.62
-2.0%SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. It also offers retail deposit accounts, including certificates of deposit, money market deposit accounts, and high-yield savings accounts; and omnibus accounts, as well as credit card loans. It serves students and families through financial aid, federal loans, and student and family resources. The company was formerly known as New BLC Corporation and changed its name to SLM Corporation in December 2013. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware.
At a Glance
Live SnapshotSLM Corporation Profit Bridge
Profitability Analysis
Gross Margin
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Operating Margin
Outstanding operational efficiency. The company generates substantial profit from core operations.
Net Profit Margin
Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.
Effective Tax Rate
Moderate tax rate typical for most corporations. Represents standard tax burden on profits.
Profitability Insight
Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.
SLM Corporation Income Statement
SLM • NASDAQ
| SLM Corporation Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||||||||
3.1B | 3B | 2.8B | 2.4B | 2.4B | 2.3B | 2.4B | 1.9B | 1.4B | 1.1B | 1B | 831.6M | 849.5M | 757.8M | 5.7B | 6.8B | 6.1B | 7.7B | 9.1B | 8.8B | |
GROSS PROFIT | ||||||||||||||||||||
(1.5B) | (1.5B) | (1.4B) | (1.2B) | (349.1M) | (634.8M) | (1.1B) | (767.2M) | (493.8M) | (345.3M) | (218.7M) | (181.3M) | (158.4M) | (149M) | (3.7B) | (3.7B) | (4.2B) | (6.6B) | (8.1B) | (5.4B) | |
1.7B | 1.4B | 1.5B | 1.2B | 2.1B | 1.7B | 1.3B | 1.1B | 940.6M | 800.7M | 795M | 650.2M | 691M | 608.8M | 2B | 3.1B | 1.9B | 1.1B | 1B | 3.3B | |
OPERATING INCOME | ||||||||||||||||||||
(655.6M) | (641.9M) | (685.6M) | (559.2M) | (519.9M) | (553M) | (574.3M) | (557M) | (449.1M) | (386.3M) | (356M) | (316.5M) | (274.5M) | (266.9M) | (1B) | (2B) | (1.1B) | (1.2B) | (1.5B) | (1.3B) | |
(380.1M) | (401M) | (372.3M) | (291.3M) | (281.7M) | (304.5M) | (311.1M) | (285.1M) | (242.3M) | (203.2M) | (173.3M) | (135.9M) | (106.8M) | (109.6M) | (493M) | (561M) | (540M) | (570.4M) | (728.1M) | (703.2M) | |
992.6M | 798.6M | 778.3M | 630.7M | 1.5B | 1.2B | 743.7M | 559.3M | 491.5M | 414.4M | 439.1M | 333.8M | 416.5M | 341.9M | 925M | 1.1B | 808M | -34.2M | -492.1M | 2B | |
PRE-TAX INCOME | ||||||||||||||||||||
(1.1B) | (1.1B) | (1B) | (542.8M) | (382.1M) | (541.7M) | (707.7M) | (522.3M) | (308.1M) | (185.9M) | (128.6M) | (95.8M) | (89.1M) | (82.9M) | (2.4B) | (2.3B) | (3B) | (5.9B) | (7.1B) | (5.1B) | |
1.5B | 1.5B | 1.6B | 1.5B | 1.4B | 1.5B | 1.6B | 1.4B | 1.1B | 891.3M | 702.5M | 578.5M | 462.1M | 408.4M | 3.5B | 3.5B | 1.7B | 1.4B | 1.6B | 1.5B | |
(275.5M) | (240.9M) | (313.3M) | (267.9M) | (238.2M) | (248.5M) | (263.2M) | (271.8M) | (206.8M) | (183.1M) | (182.7M) | (180.6M) | (167.7M) | (157.3M) | (545M) | (1.4B) | (589M) | (580.4M) | (782.4M) | (642.9M) | |
992.6M | 798.6M | 778.3M | 630.7M | 1.5B | 1.2B | 743.7M | 559.3M | 491.5M | 414.4M | 439.1M | 333.8M | 416.5M | 341.9M | 925M | 1.1B | 808M | -34.2M | -492.1M | 2B | |
NET INCOME | ||||||||||||||||||||
(247.7M) | (190.3M) | (196.9M) | (161.7M) | (379.8M) | (273.3M) | (165.5M) | (71.9M) | (202.5M) | (164.1M) | (164.8M) | (140M) | (158.9M) | (126.1M) | (328M) | (493M) | (264M) | -36.7M | (408.3M) | (834.3M) | |
744.8M | 608.3M | 581.4M | 469M | 1.2B | 880.7M | 578.3M | 487.5M | 288.9M | 250.3M | 274.3M | 194.2M | 258.9M | 217.6M | 633M | 530M | 324M | -212.6M | -896.4M | 1.2B |
SEC Filings
SLM - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 15, 2026 | May 15, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 06, 2026 | May 06, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 05, 2026 | May 05, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 27, 2026 | April 22, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 27, 2026 | June 16, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 23, 2026 | April 23, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | April 23, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 11, 2026 | March 11, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 09, 2026 | March 09, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 20, 2026 | February 20, 2026 | 2026 |
Related Guides
Continue your SLM research with focused valuation guides.
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.