Nelnet, Inc. (NNI)
NYSE: NNI · Real-Time Price · USD
128.41
+2.01 (1.59%)
Nov 25, 2025, 11:44 AM EST - Market open

Nelnet Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2024FY 2023FY 2022FY 2021FY 20202015 - 2019
Period Ending
Sep '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 2015 - 2019
Net Income
433.86184.0589.83406.9393.29352.44
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Depreciation & Amortization
36.7558.1279.1274.0873.74118.7
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Other Amortization
58.0274.4166.28102.1758.5879.77
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Gain on Sale of Loans & Receivables
-73.8-52.41-13.15-58.92-26.71-68.31
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Loss (Gain) From Sale of Investments
-233.72-18.08164.27-200.43-96.6214.09
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Asset Writedown & Restructuring Costs
42.6742.6329.5415.5216.3624.72
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Provision for Credit Losses
30.1254.618.1234.97-12.4363.36
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Stock-Based Compensation
13.1612.0516.4814.1810.6716.74
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Change in Accounts Payable
-10.86-14.54-0.6631.48-24.14-18.58
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Change in Other Net Operating Assets
250.15349.3134.82-36.58-9.4277.07
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Other Operating Activities
-69.66-19.11-102.1317.83104-20.51
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Operating Cash Flow
465.9662.89432.03683.06480.33349.1
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Operating Cash Flow Growth
-17.07%53.44%-36.75%42.21%37.59%16.79%
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Capital Expenditures
-1.37-20.9-74.05-59.42-58.95-113.31
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Cash Acquisitions
----34.04--29.99
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Investment in Securities
-218.28-518.6671.09-712.03-644.11-452.93
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Net Decrease (Increase) in Loans Originated / Sold - Investing
1,0862,9521,9423,0791,9121,365
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Other Investing Activities
-12----22.68-147.54
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Investing Cash Flow
853.912,4131,9392,2731,186621.22
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Long-Term Debt Issued
-30.65761.181,3021,9481,885
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Long-Term Debt Repaid
--3,645-3,606-4,339-3,684-3,129
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Net Debt Issued (Repaid)
-1,870-3,614-2,845-3,038-1,736-1,245
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Issuance of Common Stock
1.911.951.781.631.471.65
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Repurchase of Common Stock
-53.49-83.29-28.03-97.69-58.11-73.36
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Common Dividends Paid
-41.32-40.84-39.42-36.61-34.46-31.78
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Other Financing Activities
511.21566.53207.45377.77396.97113.75
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Financing Cash Flow
-1,452-3,170-2,703-2,792-1,430-1,235
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Foreign Exchange Rate Adjustments
-0.35-0.440.02-0.16-0.12-
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Net Cash Flow
-132.22-94.47-332.13163.43235.79-264.21
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Free Cash Flow
464.54641.99357.98623.64421.38235.79
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Free Cash Flow Growth
-7.48%79.34%-42.60%48.00%78.71%14.23%
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Free Cash Flow Margin
27.34%47.38%30.57%41.35%31.00%21.33%
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Free Cash Flow Per Share
12.7517.529.5716.5910.926.04
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Cash Interest Paid
500.87651.47781.31350.66152.17301.57
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Cash Income Tax Paid
52.2415.2447.5957.7118.6629.69
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Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.
SEC Filings: 10-K · 10-Q