Nelnet Inc

Financial Services · Credit Services

126.00$ -0.2% vs. previous close Closing price · As of: Sep 22, 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 (2025), "Revenue" came in at 2,263 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.

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Income Statement NNI
Line item	2000	2001	2002	2003	2004	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	65	115	551	493	695	1,133	1,751	2,024	1,432	960	970	892	920	1,055	1,108	1,111	1,194	1,178	1,680	1,678	1,373	1,418	1,817	1,814	1,847	2,263
Cost of Revenue	1.4	3.9	241	208	254	627	1,256	1,531	1,051	414	256	250	290	249	283	312	402	480	693	738	393	164	465	853	735	293
Gross Profit	63	111	311	285	441	506	495	493	381	546	714	643	630	806	825	798	792	699	987	939	979	1,254	1,352	961	1,112	1,970
Research & Development	–	–	–	–	–	–	–	–	–	–	–	0.0	0.0	0.0	0.0	0.0	0.0	0.0	3.9	0.0	0.0	0.0	3.7	0.0	–	–
Selling, General & Administrative	–	77	107	124	134	142	215	237	178	156	166	178	193	196	228	248	256	302	436	464	502	507	590	608	632	652
Total Operating Expenses	57	98	234	238	206	227	392	436	336	331	412	321	355	340	356	378	393	472	701	763	529	752	850	892	883	822
Operating Income	6.7	13	76	46	234	279	102	57	45	216	302	322	275	466	470	421	399	227	286	177	450	502	502	69	229	1,145
Interest Expense	0.0	0.0	235	197	255	620	1,241	1,503	1,026	385	233	228	269	231	273	302	388	465	670	699	330	176	430	845	681	497
Pre-Tax Income	6.7	13	76	46	234	279	102	57	45	216	302	322	275	466	470	421	399	227	286	177	450	502	502	69	229	526
Income Tax Expense	2.2	6.0	28	19	85	101	36	22	18	77	113	117	96	161	160	152	141	65	59	35	101	116	113	19	53	128
Net Income	4.5	7.1	49	27	149	178	66	33	29	139	189	204	178	303	308	268	257	173	228	142	352	393	407	90	184	428
EBITDA	6.7	13	170	148	331	384	270	319	186	332	403	425	391	545	577	544	521	365	471	369	649	634	678	214	361	1,057

Data as of: September 22, 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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