Nelnet Inc

Financial Services · Credit Services

125.00$ -0.8% vs. previous close Closing price · As of: Sep 23, 2026

Statements

Income Statement

Nelnet Inc (NNI) by the numbers: income statement, balance sheet and cash flow, by year or by quarter. In the most recent period (Q2 26), "Revenue" came in at 334 million USD. Tick rows to compare them in a chart.

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Amounts Change % Common size % Per share

Last 12 Full history

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All figures in millions of USD.

Tick rows to compare them in a chart (up to 4)

Income Statement NNI
Line item	Q3 16	Q4 16	Q1 17	Q2 17	Q3 17	Q4 17	Q1 18	Q2 18	Q3 18	Q4 18	Q1 19	Q2 19	Q3 19	Q4 19	Q1 20	Q2 20	Q3 20	Q4 20	Q1 21	Q2 21	Q3 21	Q4 21	Q1 22	Q2 22	Q3 22	Q4 22	Q1 23	Q2 23	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	LTM
Revenue	329	368	288	264	308	296	437	411	430	390	431	408	427	421	386	382	334	289	339	332	320	421	494	394	473	473	475	459	481	429	517	455	435	434	466	613	495	504	526	334	1,858
Cost of Revenue	102	110	108	116	128	129	140	175	191	188	199	196	182	161	210	88	53	42	11	50	56	47	48	83	136	210	234	222	211	216	205	180	186	163	140	151	117	72	70	62	321
Gross Profit	227	258	180	148	179	167	298	236	239	202	232	212	245	260	175	294	281	247	328	282	264	374	446	311	337	264	241	237	270	213	311	275	248	271	326	462	377	432	455	272	1,537
Research & Development	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	3.9	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3.7	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Selling, General & Administrative	64	68	72	75	74	81	97	111	114	114	111	111	117	125	120	119	126	137	116	119	129	144	149	141	147	152	153	145	141	153	155	151	146	202	160	160	165	167	163	185	680
Total Operating Expenses	95	105	104	107	110	127	149	173	182	185	179	181	203	209	225	186	191	-55	170	172	197	206	206	203	210	230	210	209	219	253	218	216	251	193	220	225	241	238	248	247	973
Operating Income	132	153	77	41	69	40	149	63	57	17	53	31	42	51	-50	108	90	302	158	109	67	168	241	108	127	33	31	27	50	-40	94	58	-2.2	78	106	237	136	195	207	26	564
Interest Expense	96	107	107	113	122	123	136	171	180	183	192	187	172	148	134	85	58	52	28	50	50	48	48	74	127	182	199	233	207	205	195	176	168	141	125	133	121	118	110	109	457
Pre-Tax Income	132	153	77	41	69	40	149	63	57	17	53	31	42	51	-50	108	90	302	158	109	67	168	241	108	127	33	31	27	50	-40	94	58	-2.2	78	106	237	136	46	76	65	324
Income Tax Expense	48	54	29	16	26	-5.5	36	14	14	-4.6	11	6.2	8.8	9.0	-10	21	19	71	35	26	16	39	56	25	27	5.5	8.3	10	11	-9.7	23	15	-0.3	15	25	60	36	7.7	20	20	83
Net Income	84	98	50	29	46	48	114	49	43	22	42	25	33	42	-41	86	72	235	124	84	53	133	187	85	105	31	26	27	44	-8.6	73	45	2.4	63	83	181	107	58	71	67	302
EBITDA	154	192	111	73	102	78	192	109	105	65	100	78	90	101	-1.1	158	140	351	196	148	104	187	277	146	167	96	65	87	85	-23	128	94	34	105	129	267	152	174	194	4.5	525

LTM = last twelve months (sum of the four most recent quarters).

Showing the most recent 40 periods — older statements are on file for this stock.

Data as of: September 23, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)

Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.

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Income Statement

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