Nelnet, Inc. (NNI)
NYSE: NNI · Real-Time Price · USD
128.33
-4.17 (-3.15%)
Nov 10, 2026, 4:00 PM EST - Market closed
Nelnet Revenue
Nelnet had revenue of $397.23M in the quarter ending September 30, 2026, a decrease of -7.90%. This brings the company's total for the last twelve months to $1.49B, down -13.45% year-over-year. In the year 2025, Nelnet had annual revenue of $1.69B with 20.50% growth. That makes Nelnet the 6,161st largest company in the world by revenue and 1,539th in the United States.
Revenue (ttm)
$1.49B
Revenue Growth
-13.45%
P/S Ratio
3.13
Revenue / Employee
$250,658
Employees
5,744
Market Cap
4.51B
Revenue by Segment
- Loan Servicing and Systems (LSS) 534.15M 31.4%
- Education Technology Services and Payments (ETSP) 533.89M 31.4%
- Corporate and Other Activities 258.34M 15.2%
- Asset Generation and Management 173.55M 10.2%
- Nfs Other Operating Segments 160.85M 9.5%
- Nelnet Bank 40.95M 2.4%
Fiscal year ended Dec 31, 2025 See the full Nelnet breakdown
| Fiscal Year End | Revenue | Change | Growth |
|---|---|---|---|
| Dec 31, 2025 | 1.69B | 287.67M | 20.50% |
| Dec 31, 2024 | 1.40B | 222.43M | 18.84% |
| Dec 31, 2023 | 1.18B | -339.27M | -22.32% |
| Dec 31, 2022 | 1.52B | 183.07M | 13.69% |
| Dec 31, 2021 | 1.34B | 498.00K | 0.04% |
| Dec 31, 2020 | 1.34B | 295.01M | 28.32% |
| Dec 31, 2019 | 1.04B | -10.58M | -1.01% |
| Dec 31, 2018 | 1.05B | 282.32M | 36.67% |
| Dec 31, 2017 | 769.85M | -113.43M | -12.84% |
| Dec 31, 2016 | 883.28M | -6.58M | -0.74% |
| Dec 31, 2015 | 889.86M | -32.17M | -3.49% |
| Dec 31, 2014 | 922.03M | 27.51M | 3.08% |
| Dec 31, 2013 | 894.52M | 186.45M | 26.33% |
| Dec 31, 2012 | 708.07M | -21.38M | -2.93% |
| Dec 31, 2011 | 729.45M | -76.50M | -9.49% |
| Dec 31, 2010 | 805.94M | 184.61M | 29.71% |
| Dec 31, 2009 | 621.33M | 135.98M | 28.02% |
| Dec 31, 2008 | 485.35M | -107.40M | -18.12% |
| Dec 31, 2007 | 592.75M | 44.08M | 8.03% |
| Dec 31, 2006 | 548.67M | 1.69M | 0.31% |
| Dec 31, 2005 | 546.99M | - | - |
Revenue Definition
Revenue, also called sales, is the amount of money a company receives from its business activities, such as sales of products or services. It does not take any expenses into account and is therefore different from profits.
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NNI News
- 1 day ago - Nelnet price target raised to $135 from $125 at TD Cowen - TheFly
- 5 days ago - Nelnet Reports Third Quarter 2026 Results - PRNewsWire
- 5 days ago - Nelnet Earnings release: Q3 2026 - Filings
- 5 days ago - Nelnet Quarterly report: Q3 2026 - Filings
- 26 days ago - FACTS Introduces FACTS Compass™, a Scholarship Administration Platform for the Federal Scholarship Tax Credit - PRNewsWire
- 4 weeks ago - Nelnet to Announce Third Quarter Results - PRNewsWire
- 5 weeks ago - Nelnet price target lowered to $125 from $130 at TD Cowen - TheFly
- 5 weeks ago - Nelnet Business Services acquires Entab Infotech, no terms disclosed - TheFly