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Nelnet, Inc. (NNI) Financial History

4 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

Financial Services · Credit Services · DATA UPDATED 2026-07-21

Nelnet, Inc. (NNI) operates in the Credit Services industry and is headquartered in Lincoln, United States with about 5,744 employees. Its market capitalization is roughly $5 billion. In the fiscal year ended 2025-12-31, NNI reported $1.4B in revenue and $428M in net income.

Nelnet, Inc. engages in loan servicing, education technology services, and payment businesses worldwide. The company operates through four segments: Loan Servicing and Systems, Education Technology Services and Payments, Asset Generation and Management, and Nelnet Bank.

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NNI Revenue & Earnings History — Annual Income Statement

Income statement2025-12-312024-12-312023-12-312022-12-31
Total Revenue$1.4B$1.2B$968M$1.4B
Net Income$428M$184M$90M$407M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

NNI Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-03-312025-12-312025-09-302025-06-302025-03-312024-12-31
Total Revenue$363M$333M$374M$305M$340M
Net Income$71M$58M$107M$182M$83M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

NNI Free Cash Flow History

Cash flow2025-12-312024-12-312023-12-312022-12-312021-12-31
Dividends Paid($43M)($41M)($39M)($37M)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

NNI Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-03-312025-12-312025-09-302025-06-302025-03-312024-12-31
Dividends Paid($12M)($12M)($11M)($10M)($10M)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

NNI Balance Sheet History

Balance sheet2025-12-312024-12-312023-12-312022-12-312021-12-31
Total Assets$14.1B$13.8B$16.7B$19.4B
Total Liabilities$10.5B$10.5B$13.5B$16.2B

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive NNI viewer.

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