Nelnet, Inc. (NNI)
NYSE: NNI · Real-Time Price · USD
131.81
+1.03 (0.79%)
Mar 9, 2026, 4:00 PM EDT - Market closed

Nelnet Cash Flow Statement

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 '24 Dec '23 Dec '22 Dec '21 2020 - 2016
Net Income
428.47184.0589.83406.9393.29
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Depreciation & Amortization
33.5758.1279.1274.0873.74
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Other Amortization
57.0574.4166.28102.1758.58
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Gain on Sale of Loans & Receivables
-105.56-52.41-13.15-58.92-26.71
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Loss (Gain) From Sale of Investments
-190.5-18.08164.27-200.43-96.62
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Asset Writedown & Restructuring Costs
29.613.1429.5415.5216.36
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Provision for Credit Losses
67.8554.618.1234.97-12.43
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Stock-Based Compensation
13.2712.0516.4814.1810.67
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Change in Accounts Payable
-4.94-14.54-0.6631.48-24.14
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Change in Other Net Operating Assets
115.19349.27134.57-36.58-9.42
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Other Operating Activities
9.0920.41-101.85317.83104
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Operating Cash Flow
422.99662.89432.03683.06480.33
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Operating Cash Flow Growth
-36.19%53.44%-36.75%42.21%37.59%
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Capital Expenditures
-26.24-20.9-74.05-59.42-58.95
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Cash Acquisitions
----34.04-
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Investment in Securities
-311.52-518.6671.09-712.03-644.11
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Net Decrease (Increase) in Loans Originated / Sold - Investing
431.112,4782,3523,0791,912
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Other Investing Activities
263.05474.4-410.07--22.68
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Investing Cash Flow
356.42,4131,9392,2731,186
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Long-Term Debt Issued
1,39330.65761.181,3021,948
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Long-Term Debt Repaid
-2,616-3,645-3,606-4,339-3,684
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Net Debt Issued (Repaid)
-1,223-3,614-2,845-3,038-1,736
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Issuance of Common Stock
1.881.951.781.631.47
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Repurchase of Common Stock
-69.35-83.29-28.03-97.69-58.11
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Common Dividends Paid
-42.99-40.84-39.42-36.61-34.46
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Other Financing Activities
596.04566.53207.45377.77396.97
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Financing Cash Flow
-737.14-3,170-2,703-2,792-1,430
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Foreign Exchange Rate Adjustments
0.28-0.440.02-0.16-0.12
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Net Cash Flow
42.53-94.47-332.13163.43235.79
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Free Cash Flow
396.75641.99357.98623.64421.38
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Free Cash Flow Growth
-38.20%79.34%-42.60%48.00%78.71%
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Free Cash Flow Margin
23.72%47.38%30.57%41.35%31.00%
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Free Cash Flow Per Share
10.9217.529.5716.5910.92
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Cash Interest Paid
472.26651.47781.31350.66152.17
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Cash Income Tax Paid
68.8615.2447.5957.7118.66
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Source: S&P Capital IQ. Financial Services template. Financial Sources.