# SLM (SLM) — Earnings

SLM · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/slm/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | $0.29 |
| EPS estimate | $0.44 |
| EPS surprise | −33.44% |
| Revenue surprise | −1.98% |
| Revenue | $401.1M |
| Revenue estimate | $409.2M |
| Reported | Jul 23, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/1032033/000103203326000042/slm-20260630.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/2b4e4d02-b0c8-660d-3390-7605dd10ed5c.html) |

SLM reported Q2 2026 results on July 23, 2026. Earnings per share were $0.29, below the $0.44 estimate by 33.44%. Revenue was $401.1 million, 1.98% under the $409.2 million consensus. Compared with Q2 2025, EPS fell about 9% from $0.32 and revenue was nearly flat at $403.6 million.

Quarterly results swing widely. Q1 and Q2 2026 alone ranged from $1.54 to $0.29 per share, and the table includes two losses, of $0.33 in Q4 2022 and $0.23 in Q3 2024. Even so, annual EPS rose each year, from $1.71 in 2022 to $2.40 in 2023, $2.65 in 2024 and $3.47 in 2025, up about 31%. The first half of 2026 adds up to $1.83, about 6% more than the $1.72 of the first half of 2025. Q1 2026 holds the EPS high in the table, at $1.54. Against estimates the record is mixed: SLM beat in 9 of the last 20 quarters and missed in 11, including Q2 in both 2025 and 2026.

SLM reported Q3 results between October 20 and October 26 in each of the past five years. That points to late October 2026 for the next report. Q3 2025 EPS was $0.63.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Jul 23, 2026 | $0.44 | $0.29 | -33.44% | $409.2M | $401.1M |
| Q1 2026 | Apr 23, 2026 | $1.22 | $1.54 | 26.04% | $530.5M | $560.0M |
| Q4 2025 | Jan 22, 2026 | $0.94 | $1.12 | 19.24% | $437.4M | $454.1M |
| Q3 2025 | Oct 23, 2025 | $0.80 | $0.63 | -20.98% | $545.2M | $546.0M |
| Q2 2025 | Jul 24, 2025 | $0.49 | $0.32 | -35.18% | $399.5M | $403.6M |
| Q1 2025 | Apr 24, 2025 | $1.19 | $1.40 | 18.05% | $560.3M | $581.0M |
| Q4 2024 | Jan 23, 2025 | $0.55 | $0.50 | -8.98% | $397.2M | $390.0M |
| Q3 2024 | Oct 23, 2024 | $0.07 | −$0.23 | -426.70% | $391.7M | $383.0M |
| Q2 2024 | Jul 24, 2024 | $0.72 | $1.11 | 53.51% | $451.5M | $514.0M |
| Q1 2024 | Apr 24, 2024 | $1.07 | $1.27 | 18.64% | $514.6M | $561.2M |
| Q4 2023 | Jan 24, 2024 | $0.88 | $0.72 | -18.60% | $454.4M | $443.0M |
| Q3 2023 | Oct 25, 2023 | $0.35 | $0.11 | -68.72% | $419.1M | $409.0M |
| Q2 2023 | Jul 26, 2023 | $1.16 | $1.10 | -5.39% | $539.6M | $530.7M |
| Q1 2023 | Apr 26, 2023 | $0.35 | $0.47 | 32.47% | $392.7M | $426.8M |
| Q4 2022 | Feb 1, 2023 | $0.46 | −$0.33 | -171.60% | $348.3M | $340.0M |
| Q3 2022 | Oct 26, 2022 | $0.47 | $0.29 | -37.73% | $445.3M | $465.0M |
| Q2 2022 | Jul 27, 2022 | $1.28 | $1.29 | 0.92% | $602.8M | $621.1M |
| Q1 2022 | Apr 27, 2022 | $0.81 | $0.46 | -43.36% | $498.6M | $397.0M |
| Q4 2021 | Jan 26, 2022 | $0.98 | $1.05 | 7.34% | $518.9M | $520.1M |
| Q3 2021 | Oct 20, 2021 | $0.18 | $0.24 | 35.67% | $368.8M | $371.4M |

## Frequently Asked Questions

### When did SLM (SLM) last report earnings?

SLM last reported on Jul 23, 2026, covering fiscal Q2 2026.

### Did SLM beat earnings estimates?

No. SLM reported EPS of $0.29 for Q2 2026 against a $0.44 estimate — a 33.44% miss.

### How much revenue did SLM report last quarter?

SLM reported $401.1M in revenue for Q2 2026, against a consensus estimate of $409.2M.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).