Nelnet, Inc. (NNI)
NYSE: NNI · Real-Time Price · USD
130.57
+0.45 (0.35%)
May 29, 2026, 4:00 PM EDT - Market closed
Nelnet Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 |
Net Interest Income | 373.44 | 354.51 | 292.86 | 264.71 | 312.67 | 347.6 |
Net Interest Income Growth | 23.92% | 21.05% | 10.63% | -15.34% | -10.05% | 20.04% |
Non-Interest Income | 1,404 | 1,404 | 1,165 | 924.31 | 1,242 | 977.08 |
Non-Interest Income Growth | 23.14% | 20.54% | 26.05% | -25.61% | 27.16% | -12.01% |
Revenues Before Loan Losses | 1,778 | 1,759 | 1,458 | 1,189 | 1,555 | 1,325 |
Provision for Credit Losses | 105.76 | 67.85 | 54.61 | 8.12 | 34.97 | -12.43 |
| 1,672 | 1,691 | 1,403 | 1,181 | 1,520 | 1,337 | |
Revenue Growth (YoY) | 20.92% | 20.50% | 18.83% | -22.32% | 13.69% | 0.04% |
Compensation Expenses | 559.93 | 558.79 | 576.93 | 591.54 | 589.58 | 507.13 |
Selling, General & Admin | 33.49 | 33.57 | 58.12 | 79.12 | 74.08 | 73.74 |
Other Non-Interest Expenses | 642.76 | 572.31 | 539.7 | 441.54 | 354.68 | 254.13 |
Total Non-Interest Expense | 1,236 | 1,165 | 1,175 | 1,112 | 1,018 | 835 |
Pretax Income | 495.85 | 526.33 | 228.58 | 68.72 | 501.85 | 502.11 |
Provision for Income Taxes | 251.96 | 127.99 | 52.67 | 19.39 | 113.1 | 115.82 |
Net Income | 128.9 | 428.47 | 184.05 | 89.83 | 388.75 | 386.28 |
Minority Interest in Earnings | -34.61 | -30.13 | -8.13 | -40.5 | - | - |
Net Income to Common | 128.9 | 428.47 | 184.05 | 89.83 | 388.75 | 386.28 |
Net Income Growth | -11.54% | 132.81% | 104.89% | -76.89% | 0.64% | 10.48% |
Shares Outstanding (Basic) | 36 | 36 | 37 | 37 | 38 | 39 |
Shares Outstanding (Diluted) | 36 | 36 | 37 | 37 | 38 | 39 |
Shares Change (YoY) | -0.64% | -0.82% | -2.07% | -0.50% | -2.51% | -1.25% |
EPS (Basic) | 11.48 | 11.79 | 5.02 | 2.40 | 10.82 | 10.20 |
EPS (Diluted) | 11.48 | 11.79 | 5.02 | 2.40 | 10.82 | 10.20 |
EPS Growth | 117.01% | 134.86% | 109.17% | -77.82% | 6.08% | 13.08% |
Shares Outstanding | 35.95 | 35.88 | 36.29 | 37.06 | 37.13 | 37.92 |
Free Cash Flow | 370.52 | 396.75 | 641.99 | 357.98 | 623.64 | 421.38 |
Free Cash Flow Growth | -6.61% | -38.20% | 79.34% | -42.60% | 48.00% | 78.71% |
Free Cash Flow Per Share | 10.22 | 10.92 | 17.52 | 9.57 | 16.58 | 10.92 |
Dividends Per Share | 1.240 | 1.190 | 1.120 | 1.060 | 0.980 | 0.900 |
Dividend Growth | 4.20% | 6.25% | 5.66% | 8.16% | 8.89% | 9.76% |
Profit Margin | 14.59% | 23.56% | 12.54% | 4.18% | 25.57% | 28.89% |
FCF Margin | 22.16% | 23.46% | 45.75% | 30.31% | 41.02% | 31.51% |
EBITDA | 88.66 | 90.62 | 132.53 | 145.39 | 176.25 | 132.33 |
EBITDA Margin | 5.30% | 5.36% | 9.44% | 12.31% | 11.59% | 9.90% |
Effective Tax Rate | 50.81% | 24.32% | 23.04% | 28.21% | 22.54% | 23.07% |