Nelnet Quarterly Cash Flow Statement
NYSE: NNIFinanceFinance: Consumer ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Nelnet free cash flow
In the quarter ended Jun 30, 2026, Nelnet generated $77.9 million of operating cash flow and spent $6.3 million on capital expenditures. That left free cash flow of $71.6 million. Free cash flow was down 8.3% from the prior year's $78.1 million.
Nelnet returned $36.2 million to shareholders: $11.8 million in dividends and $24.4 million in share repurchases, equal to 51% of free cash flow. Free cash flow covered dividend payments 6.1 times.
Summary generated from market data by MetaCap's automated system. Methodology
Nelnet cash flow statement (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 45.47M | 55.60M | 38.69M | 100.67M | 177.85M | 81.13M | 63.43M | -1.94M | 43.67M | 70.76M | -29.70M | 39.61M |
| Net Income growth (YoY) | -74.43% | -31.47% | -39.01% | — | +307.22% | +14.66% | — | -104.90% | +153.29% | +207.41% | -244.99% | -60.58% |
| Depreciation & Amortization | 21.77M | 21.16M | 22.36M | 15.86M | 29.28M | 23.12M | 26.50M | 36.40M | 35.67M | 33.96M | 16.73M | 35.09M |
| Stock-Based Compensation | 5.24M | 3.63M | 3.21M | 3.55M | 3.40M | 3.12M | 3.09M | 2.95M | 2.84M | 3.17M | 4.50M | 4.17M |
| Change in Working Capital | 9.42M | -4.03M | -59.28M | 13.40M | 147.87M | -25.85M | 49.10M | 65.82M | -8.36M | 21.72M | -3.12M | 52.19M |
| Operating Cash Flow | 77.89M | 73.11M | 137.62M | 112.44M | 81.76M | 91.17M | 180.53M | 137.04M | 133.76M | 211.56M | 79.46M | 154.16M |
| Capital Expenditures | -6.33M | -11.55M | -7.49M | -11.67M | -3.70M | -3.38M | 17.38M | -4.44M | -10.62M | -23.23M | -21.45M | -15.35M |
| Investing Cash Flow | -65.95M | 31.09M | -162.64M | -190.78M | 573.47M | 136.36M | 334.87M | 254.25M | 737.19M | 1.09B | 631.91M | 416.21M |
| Dividends Paid | -11.82M | -11.83M | -11.84M | -10.84M | -10.16M | -10.16M | -10.16M | -10.15M | -10.16M | -10.37M | -10.37M | -9.70M |
| Share Repurchases | -24.35M | -16.28M | -16.25M | -27.27M | -21.36M | -4.46M | -403.00K | -576.00K | -46.84M | -35.47M | -23.72M | -543.00K |
| Debt Issued | -15.60M | 270.66M | 835.83M | 557.35M | 25.00K | 0 | -54.38M | 85.00M | -18.07M | 18.11M | 4.91M | -49.88M |
| Debt Repaid | — | — | -230.86M | -385.85M | -142.00M | — | -3.03M | -357.00K | -4.20M | — | 0 | -4.28M |
| Financing Cash Flow | 134.52M | -244.18M | 231.79M | 43.41M | -685.89M | -326.44M | -482.76M | -435.96M | -868.44M | -1.38B | -478.64M | -591.74M |
| Net Change in Cash | 135.79M | -143.02M | 206.75M | -34.98M | -30.35M | -98.89M | 32.00M | -44.38M | 2.58M | -84.67M | 232.95M | -21.48M |
| Free Cash Flow | 71.57M | 61.56M | 130.12M | 100.77M | 78.06M | 87.79M | 197.91M | 132.60M | 123.14M | 188.33M | 58.01M | 138.81M |
This table shows 12 quarterly periods of Nelnet's cash flow statement, from Q2 2026 back to Q3 2023, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow NNI's reporting calendar. What is a cash flow statement?