Nelnet, Inc. (NNI)

Nelnet Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	225.75	194.52	168.11	118.15	125.56	121.25
Long-Term Investments	1,738	1,853	1,568	1,862	1,422	883.47
Trading Asset Securities	0.4	3.23	0.45	-	-	-
Loans & Lease Receivables	10,401	10,239	13,387	15,414	18,455	20,244
Other Receivables	127.49	221.73	263.6	194.85	171.42	97.96
Property, Plant & Equipment	85.04	106.2	140.57	137.38	133.73	141.83
Goodwill	158.03	158.03	158.03	176.9	142.09	142.09
Other Intangible Assets	33.28	36.33	44.82	63.5	52.03	75.07
Restricted Cash	576.02	736.5	857.38	1,239	1,069	837.15
Long-Term Deferred Tax Assets	-	21	21.8	34.4	27.3	-
Long-Term Deferred Charges	-	21.1	-	-	-	-
Other Long-Term Assets	366.57	187.66	102.71	133.95	80.4	103.36
Total Assets	13,711	13,778	16,712	19,374	21,678	22,646
Interest Bearing Deposits	1,811	1,665	1,169	1,040	710.32	356.1
Total Deposits	1,811	1,665	1,169	1,040	710.32	356.1
Accrued Expenses	19.3	21.05	35.39	36.05	4.57	28.7
Short-Term Debt	4.13	3.37	12.04	395.43	-	-
Current Portion of Long-Term Debt	-	-	208.16	64.36	253.97	-
Current Portion of Leases	-	3.55	-	-	-	-
Long-Term Debt	7,902	8,306	11,610	14,177	17,377	19,321
Long-Term Leases	-	7.98	14.29	16.41	15.9	18.73
Long-Term Unearned Revenue	-	88.29	72.55	56.65	41.17	36.2
Current Income Taxes Payable	-	-	-	5.2	-	-
Long-Term Deferred Tax Liabilities	-	30.4	72.9	140.1	117.9	117.9
Other Long-Term Liabilities	492.31	352.93	317.67	242.89	204.26	139.45
Total Liabilities	10,228	10,479	13,512	16,174	18,725	20,018
Common Stock	0.36	0.36	0.37	0.37	0.38	0.38
Additional Paid-In Capital	0.64	7.39	3.1	1.11	1	3.79
Retained Earnings	3,576	3,341	3,270	3,235	2,941	2,622
Comprehensive Income & Other	-2.21	1.47	-20.12	-37.37	9.3	6.1
Total Common Equity	3,575	3,350	3,254	3,199	2,951	2,632
Minority Interest	-92.29	-50.65	-53.64	0.94	1.63	-3.69
Shareholders' Equity	3,483	3,299	3,200	3,200	2,953	2,628
Total Liabilities & Equity	13,711	13,778	16,712	19,374	21,678	22,646
Total Debt	7,906	8,321	11,845	14,654	17,647	19,339
Net Cash (Debt)	-7,679	-8,124	-11,676	-14,535	-17,521	-19,218
Net Cash Per Share	-210.61	-221.70	-312.06	-386.55	-454.24	-492.02
Filing Date Shares Outstanding	36.17	36.29	37.04	37.14	37.78	38.35
Total Common Shares Outstanding	36.2	36.29	37.06	37.13	37.92	38.35
Working Capital	9,496	9,702	13,252	15,426	18,852	20,916
Book Value Per Share	98.76	92.30	87.79	86.16	77.83	68.63
Tangible Book Value	3,384	3,155	3,051	2,959	2,757	2,415
Tangible Book Value Per Share	93.48	86.94	82.32	79.68	72.72	62.97

Updated May 8, 2025. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.

SEC Filings: 10-K · 10-Q