Nelnet, Inc. (NNI)
NYSE: NNI · Real-Time Price · USD
134.74
-1.10 (-0.81%)
Aug 6, 2026, 1:55 PM EDT - Market open
Nelnet Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
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 |
Cash & Equivalents | 240.01 | 295.98 | 194.52 | 168.11 | 118.15 | 125.56 |
Securities and Investments | 2,477 | 2,348 | 2,201 | 1,865 | 2,112 | 1,589 |
Net Loans | 10,009 | 10,007 | 9,993 | 13,108 | 15,244 | 18,335 |
Net Property, Plant & Equipment | 84.61 | 75.53 | 95.19 | 127.01 | 122.53 | 119.41 |
Accrued Interest and Accounts Receivable | 196.91 | 193.45 | 159.93 | 196.2 | 194.85 | 163.32 |
Other Intangible Assets | 97.58 | 29.28 | 36.33 | 44.82 | 63.5 | 52.03 |
Goodwill | 203.93 | 158.03 | 158.03 | 158.03 | 176.9 | 142.09 |
Other Non-Earning Assets | 868.06 | 599.2 | 608.22 | 556.61 | 397.15 | 409.53 |
Total Assets | 14,178 | 14,064 | 13,778 | 16,712 | 19,374 | 21,678 |
Liabilities
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 |
Accounts Payable | 544.44 | 457.84 | 478.47 | 425.51 | 348.32 | 366 |
Accrued Expenses | 16.92 | 20.43 | 21.05 | 35.39 | 36.05 | 4.57 |
Long-Term Debt | 7,699 | 7,781 | 8,310 | 11,828 | 14,637 | 17,631 |
Other Liabilities | 566.62 | 558.18 | 483.19 | 479.39 | 461.26 | 379.23 |
Total Liabilities | 10,572 | 10,487 | 10,479 | 13,512 | 16,174 | 18,725 |
Shareholders' Equity
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 |
Common Stock | 0.36 | 0.36 | 0.36 | 0.37 | 0.37 | 0.38 |
Additional Paid-in Capital | 1.54 | 1.48 | 7.39 | 3.1 | 1.11 | 1 |
Accumulated Other Comprehensive Income | -3.53 | 2.62 | 1.47 | -20.12 | -37.37 | 9.3 |
Retained Earnings | 3,733 | 3,681 | 3,341 | 3,270 | 3,235 | 2,941 |
Total Common Shareholders' Equity | 3,731 | 3,686 | 3,350 | 3,254 | 3,199 | 2,951 |
Minority Interest | -125.28 | -108.56 | -50.65 | -53.64 | 0.94 | 1.63 |
Shareholders' Equity | 3,606 | 3,577 | 3,299 | 3,200 | 3,200 | 2,953 |
Total Liabilities & Equity | 14,178 | 14,064 | 13,778 | 16,712 | 19,374 | 21,678 |
Additional Metrics
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 |
Total Debt | 7,699 | 7,781 | 8,310 | 11,828 | 14,637 | 17,631 |
Net Cash (Debt) | -7,459 | -7,485 | -8,115 | -11,660 | -14,519 | -17,506 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -205.82 | -205.96 | -221.47 | -311.63 | -386.11 | -453.83 |
Book Value | 3,731 | 3,686 | 3,350 | 3,254 | 3,199 | 2,951 |
Book Value Per Share | 102.95 | 101.42 | 91.42 | 86.96 | 85.07 | 76.51 |
Tangible Book Value | 3,430 | 3,498 | 3,155 | 3,051 | 2,959 | 2,757 |
Tangible Book Value Per Share | 94.64 | 96.27 | 86.11 | 81.54 | 78.68 | 71.48 |