Nelnet Financial Statements
NYSE: NNIFinanceFinance: Consumer ServicesUSD
125.26-0.70 (-0.56%)
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Nelnet revenue and earnings
Net income was $428.5 million (+132.8% year over year). Diluted earnings per share came in at $11.79, up from $5.02.
Summary generated from market data by MetaCap's automated system. Methodology
Nelnet income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | 1.56B | 1.32B | 1.40B | 1.08B | 1.08B | 0 | 0 |
| Revenue growth (YoY) | — | — | — | +17.67% | -5.38% | +29.56% | +0.50% | — | — | — |
| Cost of Revenue | 226.27M | 252.32M | 219.76M | 168.37M | 108.66M | 105.02M | 102.03M | 76.49M | 58.63M | 51.18M |
| Gross Profit | — | — | — | 1.39B | 1.22B | 1.29B | 978.57M | 998.68M | -58.63M | -51.18M |
| Operating Expenses | 927.09M | 882.93M | 892.43M | 834.43M | 726.34M | 781.11M | 762.82M | 689.38M | 484.54M | 433.29M |
| Interest Expense | 496.95M | 680.54M | 845.09M | 430.14M | 176.23M | 330.07M | 699.33M | 669.91M | 465.19M | 388.18M |
| Pretax Income | 556.46M | 228.58M | 68.72M | 501.85M | 502.11M | 450.49M | 176.75M | 286.29M | 226.68M | 398.81M |
| Income Tax | 127.99M | 52.67M | 19.39M | 113.10M | 115.82M | 100.86M | 35.45M | 58.77M | 64.86M | 141.31M |
| Net Income | 428.47M | 184.04M | 89.83M | 406.90M | 393.29M | 352.44M | 141.80M | 227.91M | 173.17M | 256.75M |
| Net Income growth (YoY) | +132.81% | +104.89% | -77.92% | +3.46% | +11.59% | +148.54% | -37.78% | +31.62% | -32.55% | -16.53% |
| EPS (Basic) | 11.79 | 5.02 | 2.40 | 10.82 | 10.20 | 9.02 | 3.54 | 5.57 | 4.14 | 6.02 |
| EPS (Diluted) | 11.79 | 5.02 | 2.40 | 10.82 | 10.20 | 9.02 | 3.54 | 5.57 | 4.14 | 6.02 |
| Shares Outstanding (Basic) | 36.34M | 36.64M | 37.42M | 37.60M | 38.57M | 39.06M | 40.05M | 40.91M | 41.79M | 42.67M |
| Shares Outstanding (Diluted) | 36.34M | 36.64M | 37.42M | 37.60M | 38.57M | 39.06M | 40.05M | 40.91M | 41.79M | 42.67M |
| Gross Margin | — | — | — | 89.20% | 91.80% | 92.50% | 90.56% | 92.89% | — | — |
| Net Margin | — | — | — | 26.10% | 29.69% | 25.18% | 13.12% | 21.20% | — | — |
This table shows 10 annual periods of Nelnet's income statement, from FY 2025 back to FY 2016, across 14 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow NNI's reporting calendar. What is a income statement?