Companies: 10,795·Total market cap: $144.5T
Nelnet, Inc.

Nelnet, Inc.

NNINYSEFinancial Services● Active
$129.03
$-0.42(-0.32%)
Market Cap$4.6B
P/E Ratio—
52W High$144.38
52W Low$112.16
Net IncomeFinancialsRevenue

Nelnet, Inc. (NNI) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

NNI · net income · updated Jun 8, 2026

Core profitability metrics

Net income was $428.5M for FY2025 (fiscal year ending 2025-12-31), up 132.8% year-over-year. Net profit margin was 18.9%. Based on available data, Nelnet, Inc. has been profitable since at least 2011.

FY2025 Net Income$428.5M▲ +132.8% YoY
Trailing 12M (TTM)$417.0Mtrailing 4 quarters sum
Net Profit Margin18.9%$428.5M ÷ $2.26B
YoY Change+132.8%—
5-Year CAGR+4.0%FY2020 → FY2025
FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net IncomeNet LossNet Margin %★ First Profit: 2011

▸ FMP /income-statement · Annual · NNI net income history · NNI profit margin

Annual net income data

Fiscal YearNet IncomeYoY ChangeNet Margin
FY2025$428.5M▲ +132.8%18.9%
FY2024$184.0M▲ +104.9%10.0%
FY2023$89.8M▼ 77.9%5.0%
FY2022$406.9M▲ +3.5%22.4%
FY2021$393.3M▲ +11.6%27.7%

Net income vs peers (Financial Services)

#CompanyNet IncomeYoY
#1
Nelnet, Inc.
Nelnet, Inc.YOU
NNI
$428.5M+132.8%
#2
Berkshire Hathaway Inc.
Berkshire Hathaway Inc.
BRK-A
$66.97B-24.8%#3
Berkshire Hathaway Inc.
Berkshire Hathaway Inc.
BRK-B
$66.97B-24.8%#4
JPMorgan Chase & Co.
JPMorgan Chase & Co.
JPM
$57.05B-2.4%#5
Visa Inc.
Visa Inc.
V
$20.06B+1.6%#6
Mastercard Incorporated
Mastercard Incorporated
MA
$14.97B+16.3%
Financial Services · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Nelnet, Inc. (NNI) reported net income of $428.5M for FY2025 (fiscal year ending 2025-12-31), up 132.8% year-over-year. The net profit margin was 18.9% — meaning the company kept $0.19 of every dollar of revenue as profit.

Based on available data, Nelnet, Inc. has been profitable since at least 2011. Net income reached a peak of $428.5M in FY2025. Data available for 15 fiscal years.

Nelnet, Inc.'s net profit margin was 18.9% for FY2025, based on the latest annual results.

Investors sometimes search for "Nelnet, Inc. net worth" — the company's market capitalization is a separate figure from NNI net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.
RevenueFinancial statementsEarningsForecastPrice historyMarket capFree cash flow

Frequently asked questions

NNI net income · 5 questions

Nelnet, Inc. is profitable. The company reported net income of $428.5M for FY2025, a net profit margin of 18.9%. Net income was up 132.8% year-over-year. Based on available data, Nelnet, Inc. has been profitable since at least 2011.

is NNI profitabledoes NNI make a profitNNI profitabilityNNI profitable company

▸ Source: FMP /income-statement · GAAP · Nelnet, Inc. · Nelnet, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026