Nelnet, Inc. (NNI)
NYSE: NNI · Real-Time Price · USD
131.81
+1.03 (0.79%)
At close: Mar 9, 2026, 4:00 PM EDT
131.81
0.00 (0.00%)
After-hours: Mar 9, 2026, 4:20 PM EDT
Nelnet Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2016 |
|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | 2020 - 2016 |
| Interest and Dividend Income | 851.46 | 973.4 | 1,110 | 742.81 | 523.84 | Upgrade
|
| Total Interest Expense | 503.35 | 664.28 | 861.79 | 165.5 | 104.79 | Upgrade
|
| Net Interest Income | 348.11 | 309.12 | 248.01 | 577.3 | 419.05 | Upgrade
|
| Gain (Loss) on Sale of Loans & Receivables | - | - | - | -8.57 | 18.72 | Upgrade
|
| Gain (Loss) on Sale of Investments | 207.09 | -4.73 | -133.51 | -33.18 | 39.31 | Upgrade
|
| Other Revenue | 687.75 | 662.26 | 546.75 | 472.09 | 380.93 | Upgrade
|
| Revenue Before Loan Losses | 1,752 | 1,449 | 1,179 | 1,543 | 1,344 | Upgrade
|
| Provision for Loan Losses | 79.16 | 94.1 | 8.12 | 34.97 | -14.86 | Upgrade
|
| Revenue | 1,673 | 1,355 | 1,171 | 1,508 | 1,359 | Upgrade
|
| Revenue Growth (YoY) | 23.46% | 15.70% | -22.35% | 10.96% | 22.97% | Upgrade
|
| Salaries & Employee Benefits | 558.79 | 569.83 | 583.74 | 589.58 | 507.13 | Upgrade
|
| Cost of Services Provided | 231.67 | 258.44 | 227.25 | 175.22 | 118.05 | Upgrade
|
| Other Operating Expenses | 286.46 | 228.9 | 171.66 | 151.33 | 131.24 | Upgrade
|
| Total Operating Expenses | 1,112 | 1,117 | 1,063 | 992 | 831.56 | Upgrade
|
| Operating Income | 560.79 | 238.07 | 107.63 | 516.14 | 527.68 | Upgrade
|
| EBT Excluding Unusual Items | 560.79 | 238.07 | 107.63 | 516.14 | 527.68 | Upgrade
|
| Restructuring Charges | - | -7.1 | -7.8 | - | - | Upgrade
|
| Gain (Loss) on Sale of Investments | -13.34 | -0.54 | -2.06 | -6.56 | -4.64 | Upgrade
|
| Impairment of Goodwill | - | - | -18.87 | - | - | Upgrade
|
| Other Unusual Items | -4.85 | 0.05 | 0.82 | 1.23 | -6.78 | Upgrade
|
| Pretax Income | 526.33 | 228.58 | 68.72 | 501.85 | 502.11 | Upgrade
|
| Income Tax Expense | 127.99 | 52.67 | 19.39 | 113.1 | 115.82 | Upgrade
|
| Earnings From Continuing Ops. | 398.35 | 175.92 | 49.33 | 388.75 | 386.28 | Upgrade
|
| Minority Interest in Earnings | 30.13 | 8.13 | 40.5 | 18.15 | 7 | Upgrade
|
| Net Income | 428.47 | 184.05 | 89.83 | 406.9 | 393.29 | Upgrade
|
| Net Income to Common | 428.47 | 184.05 | 89.83 | 406.9 | 393.29 | Upgrade
|
| Net Income Growth | 132.81% | 104.89% | -77.92% | 3.46% | 11.59% | Upgrade
|
| Shares Outstanding (Basic) | 36 | 37 | 37 | 38 | 39 | Upgrade
|
| Shares Outstanding (Diluted) | 36 | 37 | 37 | 38 | 39 | Upgrade
|
| Shares Change (YoY) | -0.82% | -2.07% | -0.50% | -2.51% | -1.25% | Upgrade
|
| EPS (Basic) | 11.79 | 5.02 | 2.40 | 10.82 | 10.20 | Upgrade
|
| EPS (Diluted) | 11.79 | 5.02 | 2.40 | 10.82 | 10.20 | Upgrade
|
| EPS Growth | 134.74% | 109.22% | -77.81% | 6.13% | 13.00% | Upgrade
|
| Free Cash Flow | 396.75 | 641.99 | 357.98 | 623.64 | 421.38 | Upgrade
|
| Free Cash Flow Per Share | 10.92 | 17.52 | 9.57 | 16.59 | 10.92 | Upgrade
|
| Dividend Per Share | 1.190 | 1.120 | 1.060 | 0.980 | 0.900 | Upgrade
|
| Dividend Growth | 6.25% | 5.66% | 8.16% | 8.89% | 9.76% | Upgrade
|
| Operating Margin | 33.52% | 17.57% | 9.19% | 34.22% | 38.82% | Upgrade
|
| Profit Margin | 25.61% | 13.58% | 7.67% | 26.98% | 28.93% | Upgrade
|
| Free Cash Flow Margin | 23.72% | 47.38% | 30.57% | 41.35% | 31.00% | Upgrade
|
| Effective Tax Rate | 24.32% | 23.04% | 28.21% | 22.54% | 23.07% | Upgrade
|
Source: S&P Capital IQ. Financial Services template. Financial Sources.