Nelnet Quarterly Balance Sheet
NYSE: NNIFinanceFinance: Consumer ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Nelnet financial position
As of Jun 30, 2026, Nelnet reported total assets of $14.28 billion, up 4.1% from a year earlier against total liabilities of $10.64 billion. Shareholders' equity stood at $3.77 billion, or 26.4% of assets. The company held $172.4 million in cash and equivalents against $7.04 billion of debt, a net debt position of $6.87 billion.
Debt-to-equity was 1.87.
Summary generated from market data by MetaCap's automated system. Methodology
Nelnet balance sheet (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 172.43M | 240.01M | 295.98M | 216.43M | 225.75M | 220.52M | 194.52M | 219.68M | 145.48M | 179.68M | 168.11M | 187.69M |
| Property, Plant & Equipment | 80.73M | 84.61M | 75.53M | 93.17M | 85.04M | 89.58M | 95.19M | 124.58M | 131.67M | 149.25M | 127.01M | 126.70M |
| Goodwill | 206.84M | 203.93M | 158.03M | 158.03M | 158.03M | 158.03M | 158.03M | 158.03M | 158.03M | 158.03M | 158.03M | 176.90M |
| Intangible Assets | 96.00M | 97.58M | 29.28M | 31.75M | 33.28M | 34.80M | 36.33M | 38.37M | 40.52M | 42.67M | 44.82M | 51.91M |
| Total Assets | 14.28B | 14.18B | 14.06B | 13.88B | 13.71B | 14.19B | 13.78B | 14.08B | 14.50B | 15.37B | 16.71B | 17.20B |
| Long-Term Debt | 7.04B | 7.70B | 7.78B | 7.82B | 7.90B | 8.66B | 8.31B | 8.94B | 9.57B | 10.58B | 11.83B | 12.45B |
| Total Liabilities | 10.64B | 10.57B | 10.49B | 10.29B | 10.23B | 10.83B | 10.48B | 10.87B | 11.28B | 12.14B | 13.51B | 13.96B |
| Shareholders' Equity | 3.77B | 3.73B | 3.69B | 3.65B | 3.57B | 3.42B | 3.35B | 3.29B | 3.29B | 3.31B | 3.25B | 3.29B |
| Retained Earnings | 3.77B | 3.73B | 3.68B | 3.65B | 3.58B | 3.41B | 3.34B | 3.29B | 3.30B | 3.31B | 3.27B | 3.31B |
| Total Debt | 7.04B | 7.70B | 7.78B | 7.82B | 7.90B | 8.66B | 8.31B | 8.94B | 9.57B | 10.58B | 11.83B | 12.45B |
| Net Cash (Debt) | -6.87B | -7.46B | -7.48B | -7.61B | -7.68B | -8.44B | -8.12B | -8.72B | -9.42B | -10.40B | -11.66B | -12.26B |
This table shows 12 quarterly periods of Nelnet's balance sheet, from Q2 2026 back to Q3 2023, across 11 line items including cash & equivalents, property, plant & equipment, goodwill. Values in USD; B = billions, M = millions. Fiscal periods follow NNI's reporting calendar. What is a balance sheet?