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
Nelnet, Inc. (NNI) · Income Statement
Annual, quarterly, or TTM views · SEC 10-K & 10-Q via FMP · adjust period and M/B/T below.
FMP · NNI · as of 2026-06-08
Financial statements
Revenue · Gross Profit · Net Income
| Breakdown | 2025-12 | 2024-12 | 2023-12 | 2022-12 | 2021-12 |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue | $2.26B | $1.85B | $1.81B | $1.82B | $1.42B |
| Cost of Revenue | $0.29B | $0.74B | $0.85B | $0.47B | $0.16B |
| Gross Profit | $1.97B | $1.11B | $0.96B | $1.35B | $1.25B |
| Gross Margin %(computed) | 87.04% | 60.19% | 52.97% | 74.40% | 88.45% |
| Operating Expenses | |||||
| R&D Expenses | $0.00B | $0.00B | $0.00B | $0.00B | $0.00B |
| G&A Expenses | $0.00B | $0.63B | $0.61B | $0.59B | $0.51B |
| Total Operating Expenses | $0.82B | $0.88B | $0.89B | $0.85B | $0.75B |
| Operating Income | $1.14B | $0.23B | $0.07B | $0.50B | $0.50B |
| Operating Margin %(computed) | 50.58% | 12.38% | 3.79% | 27.62% | 35.41% |
| Interest Income | $0.87B | $0.97B | $1.11B | $0.74B | $0.52B |
| Interest Expense | $0.50B | $0.68B | $0.85B | $0.43B | $0.18B |
| Income Before Tax | $0.53B | $0.23B | $0.07B | $0.50B | $0.50B |
| Income Tax Expense | $0.13B | $0.05B | $0.02B | $0.11B | $0.12B |
| Net Income | $0.43B | $0.18B | $0.09B | $0.41B | $0.39B |
| Net Margin %(computed) | 18.93% | 9.97% | 4.95% | 22.40% | 27.74% |
| Per Share & EBITDA | |||||
| EPS (Basic) | $11.58 | $5.02 | $2.39 | $10.63 | $10.20 |
| Wtd Avg Shares | 0.04B | 0.04B | 0.04B | 0.04B | 0.04B |
| EBITDA | $1.06B | $0.36B | $0.21B | $0.68B | $0.63B |
| EBITDA Margin %(computed) | 46.69% | 19.55% | 11.80% | 37.32% | 44.75% |
Data source: Financial Modeling Prep · Last updated: 2026-06-08 · USD · B
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About Nelnet, Inc. (NNI) Income Statement
Nelnet, Inc. (NNI) income statement data is sourced from SEC Form 10-K and 10-Q filings. For fiscal year 2025, NNI reported revenue of $2.26B, gross profit of $1.97B (gross margin 87.04%), and net income of $0.43B — a net profit margin of 18.93%.
Frequently asked questions
NNI · 4 questionsNelnet, Inc. (NNI) reported revenue of $2.26B for 2025, up 22.6% year-over-year.
NNI revenueNNI salesannual revenue YoYincome statement
· Source: FMP /stable/income-statement · SEC EDGAR Form 10-K & 10-Q · As of 2026-06-08