NASDAQ$SLM

SLM Corp · Q1 2026 earnings

Q1 2026 earnings · · After market close · Investor relations

Briefing

SLM reported Q1 2026 results and net income of $304.4M, with diluted EPS of $1.54.

For Q1 2026, SLM reported results and net income of $304.4M. MD&A discusses segment trends, costs, and balance-sheet items; Profitability improved versus the prior-year quarter.

  • Key P&L metrics disclosed for Q1 2026.
  • Net income $304.4M; diluted EPS $1.54.
  • Operating expenses and margin mix are discussed in MD&A.
  • Liquidity, capital allocation, and macro exposure are disclosed.

Headline financials

Total Revenue

$560M

Previous: $581M-3.6%
EPS (adj)

$1.54

Previous: $1.40+10.0%
Net Income

$308M

Previous: $305M+1.1%
Operating Income

$326M

Previous: $403M-19.2%

Revenue & EPS history

SLM · Revenue · Quarterly

$560M

Q1 2026-3.6%vs Q1 2025
Beat estimate in 13 of 15 quarters(87%)
ActualEstimate

Forward guidance

Management outlook in the 10-Q covers operating priorities, capital allocation, and sector risks; numeric multi-quarter EPS bridges are limited.

Tailwinds

  • MD&A highlights strategic priorities and liquidity.
  • Segment or product trends support the core business narrative.

Headwinds

  • Macro, rates, or input costs may pressure near-term margins.
  • One-time items can affect year-over-year comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+0.0%

Avg return

Earnings day

+0.7%

Avg return

5 days after

+2.9%

Avg return

30 days after

46%

33 / 72 earnings

Positive

+33.2%

Q4 2019

Best reaction

-16.6%

Q2 2011

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.8%-1.8%-5.5%
Q4 2025+3.3%-1.2%-15.4%
Q3 2025+3.6%+0.9%+4.3%
Q2 2025-8.1%-7.1%-14.7%
Q1 2025-1.4%+2.7%+19.3%
Q3 2024-3.6%-3.0%+17.8%
Q2 2024-2.1%-4.0%-7.9%
Q1 2024+0.0%-1.4%-4.3%
Q4 2023+3.5%+5.1%+2.5%
Q3 2023+1.2%+1.2%+10.6%
Q2 2023-4.5%-1.8%-13.2%
Q1 2023+6.0%+3.5%+11.1%
Q4 2022-15.8%-12.5%-18.9%
Q3 2022-1.8%+1.2%+4.2%
Q2 2022-5.1%-3.1%-9.2%
Q1 2022+1.4%+1.6%+17.0%
Q4 2021+2.0%+6.8%+16.4%
Q3 2021+4.4%+6.5%+4.7%
Q2 2021-4.2%-6.3%-8.3%
Q1 2021-0.6%+1.5%+4.5%
Q4 2020+6.7%+5.5%+20.9%
Q3 2020-0.8%+0.2%+14.0%
Q2 2020-1.8%-2.0%+1.4%
Q1 2020+6.2%+10.4%+8.1%
Q4 2019+33.2%+27.0%+36.5%
Q3 2019-7.6%-5.4%-3.4%
Q2 2019-4.3%-4.1%-14.4%
Q1 2019-3.1%-3.8%-1.5%
Q4 2018+14.4%+15.8%+21.1%
Q3 2018-2.6%-6.0%-4.4%
Q2 2018-5.0%-2.5%-2.5%
Q1 2018+2.3%+0.6%+0.0%
Q4 2017-2.1%-3.9%-1.7%
Q3 2017+1.7%-2.9%-8.2%
Q2 2017-4.3%-3.4%-9.9%
Q1 2017+10.5%+11.0%-4.9%
Q4 2016+3.6%+3.6%+11.6%
Q3 2016-1.8%-0.8%+30.8%
Q2 2016-1.4%-0.6%+3.4%
Q1 2016+2.2%
Q4 2015+11.9%
Q3 2015-1.4%
Q2 2015-5.6%
Q1 2015+4.1%
Q4 2014-6.0%
Q3 2014+1.9%
Q2 2014+3.3%
Q1 2014+4.3%
Q4 2013-10.1%
Q3 2013+2.1%
Q2 2013+4.4%
Q1 2013-5.1%
Q4 2012-3.1%
Q3 2012-1.1%
Q4 2011+1.8%
Q2 2012-6.1%
Q1 2012+0.2%
Q3 2011+0.6%
Q2 2011-16.6%
Q1 2011-2.2%
Q4 2009-4.1%
Q4 2010-4.1%
Q4 2008-4.1%
Q3 2010-2.6%
Q2 2010+3.6%
Q1 2009-5.5%
Q1 2010-0.2%
Q4 2007-1.3%
Q3 2009+3.7%
Q3 2008+3.7%
Q2 2008+4.8%
Q2 2009+4.8%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro