NNI
NELNET INCCompany Information
- Company Name
- NELNET INC
- CIK
- CIK0001258602
- Category
- Large accelerated filer
- Ticker: Exchange
- NNI: NYSE
- Fiscal Year End
- December 31
- Owner Organization
- 02 Finance
- SIC
- 6141
- SIC Description
- Personal Credit Institutions
- Ticker
- NNI
SEC filing data through
Insider Sentiment
- Last purchase
- —
- Last sale
- 2025-12-09
- Shares purchased (TTM)
- 0
- Shares sold (TTM)
- 47,423
Institutional Sentiment
- As of
- 2026-03-31
- Institutional shares owned
- 11,482,699
- Shares outstanding
- 36,076,912
- Ownership
- 31.83%
Earnings Market Reaction
- Filing date
- 2026-08-06
- Price on filing date
- —
- 1-month reaction
- -5.55%
- 3-month reaction
- Pending
Balance Sheet
Values in millions ($)| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonrelated Party | -72 | 119 | 128 | -8 | 68 | 67 | 49 | 58 | -6 | 39 | 35 | - | ||||||
| Related Party | -72 | 119 | 128 | -8 | 68 | 67 | 49 | 58 | -6 | 39 | 35 | - | ||||||
| Common Class A | -0 | 25 | 25 | -0 | -0 | 26 | 0 | 0 | -0 | 26 | 0 | 0 | ||||||
| Common Class B | 0 | 11 | 11 | -0 | 0 | 11 | 0 | 0 | 0 | 11 | 0 | 0 | ||||||
| Variable Interest Entity Primary Beneficiary | -905 | 8,647 | 8,781 | 198 | -586 | 9,369 | 9,123 | -434 | -1,017 | 11,293 | 12,677 | -510 | ||||||
Assets | ||||||||||||||||||
| Notes Receivable Net | 9,802 | 10,009 | 10,007 | 10,227 | 10,155 | 10,423 | 9,993 | 10,573 | 10,940 | 11,829 | 13,108 | 13,868 | ||||||
Cash And Cash Equivalents | ||||||||||||||||||
| Cash And Cash Equivalents At Carrying Value | 172 | 240 | 296 | 216 | 226 | 221 | 195 | 220 | 145 | 180 | 168 | 188 | ||||||
| Marketable Securities | 1,701 | 1,523 | 1,415 | 1,392 | 1,287 | 1,239 | 1,160 | 996 | 949 | 1,038 | 1,007 | - | ||||||
| Restricted Cash | 286 | 308 | 358 | 394 | 318 | 317 | 332 | 344 | 538 | 618 | 489 | 446 | ||||||
| Restricted Investments | - | - | - | - | - | - | - | 50 | 50 | 36 | 18 | - | ||||||
| Accounts Receivable Net | 170 | 197 | 193 | 148 | 127 | 130 | 160 | 154 | 160 | 135 | 196 | 130 | ||||||
| Goodwill | 207 | 204 | 158 | 158 | 158 | 158 | 158 | 158 | 158 | 158 | 158 | 177 | ||||||
| Intangible Assets Net Excluding Goodwill | 96 | 98 | 29 | 32 | 33 | 35 | 36 | 38 | 41 | 43 | 45 | 52 | ||||||
| Property Plant And Equipment Net | 81 | 85 | 76 | 93 | 85 | 90 | 95 | 125 | 132 | 149 | 127 | 127 | ||||||
| Other Assets | 284 | 278 | 279 | 212 | 245 | 222 | 204 | 184 | 181 | 186 | 188 | 131 | ||||||
| Assets | 14,275 | 14,178 | 14,064 | 13,877 | 13,711 | 14,192 | 13,778 | 14,084 | 14,501 | 15,374 | 16,712 | 17,198 | ||||||
Liabilities | ||||||||||||||||||
| Long Term Debt | 7,043 | 7,699 | 7,781 | 7,823 | 7,904 | 8,656 | 8,310 | 8,938 | 9,568 | 10,583 | 11,828 | 12,448 | ||||||
| Interest Payable Current And Noncurrent | 16 | 17 | 20 | 19 | 19 | 22 | 21 | 25 | 27 | 32 | 35 | 36 | ||||||
| Deposits | 2,219 | 1,745 | 1,669 | 1,477 | 1,382 | 1,313 | 1,186 | 1,071 | 890 | 802 | 744 | 718 | ||||||
| Other Liabilities | 521 | 567 | 558 | 529 | 494 | 458 | 483 | 435 | 407 | 450 | 479 | 419 | ||||||
| Payables To Customers | 840 | 544 | 458 | 443 | 429 | 379 | 478 | 404 | 389 | 275 | 426 | 342 | ||||||
| Liabilities | 10,640 | 10,572 | 10,487 | 10,290 | 10,228 | 10,829 | 10,479 | 10,874 | 11,281 | 12,141 | 13,512 | 13,964 | ||||||
Stockholders Equity | ||||||||||||||||||
| Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
Common Stock Number Of Shares Par Value And Other Disclosures | ||||||||||||||||||
| Additional Paid In Capital | 2 | 2 | 1 | 1 | 1 | 7 | 7 | 4 | 1 | 1 | 3 | 14 | ||||||
| Retained Earnings Accumulated Deficit | 3,770 | 3,733 | 3,681 | 3,648 | 3,576 | 3,413 | 3,341 | 3,288 | 3,295 | 3,313 | 3,270 | 3,306 | ||||||
| Accumulated Other Comprehensive Income Loss Net Of Tax | -2 | -4 | 3 | 3 | -2 | -0 | 1 | -1 | -2 | -8 | -20 | -25 | ||||||
| Stockholders Equity | 3,635 | 3,731 | 3,577 | 3,587 | 3,575 | 3,363 | 3,350 | 3,210 | 3,294 | 3,306 | 3,200 | 3,237 | ||||||
| Minority Interest | -135 | -125 | -109 | -67 | -92 | -57 | -51 | -81 | -74 | -48 | -54 | -36 | ||||||
| Liabilities And Stockholders Equity | 14,275 | 14,178 | 14,064 | 13,877 | 13,711 | 14,192 | 13,778 | 14,084 | 14,501 | 15,399 | 16,712 | 17,223 | ||||||
| Financing Receivable Allowance For Credit Losses | 165 | 155 | 132 | 108 | 125 | 120 | 115 | 102 | 97 | 106 | 105 | 110 | ||||||
| Allowance For Doubtful Accounts Receivable | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | ||||||
| Preferred Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | ||||||
| Preferred Stock Shares Authorized | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | ||||||
| Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Preferred Stock Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
Select a line item above to chart it.
Recent filings
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
Financial statements beyond 3 years are for subscribers only.
Unlock 17+ years of income statements, balance sheets, and cash flow statements
Start 7-day free trialNELNET INC (NNI) — SEC Financial Statements & Analysis
NELNET INC (NNI) is a personal credit institutions company, incorporated in NE. NELNET INC trades on NYSE as: NNI. NELNET INC (NNI)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-06. Based on that filing, NELNET INC carries a market cap of $4.79B, a P/E ratio of 17.81x, a P/B ratio of 1.32x, a P/S ratio of 9.08x, an enterprise value of $10.87B, and an EV/EBITDA multiple of 383.40x. On profitability, it posts a gross margin of 60.90%, an operating margin of 52.59%, a net margin of 51.00%, a Return on Equity (ROE) of 7.47%, and a Return on Invested Capital (ROIC) of -0.41%. Per share, it reports EPS of $7.47, diluted EPS of $7.47, free cash flow per share of $10.10, and a dividend per share of $1.29. Over the trailing year, it posted revenue growth of 8.22% year-over-year, net income growth of -18.45% year-over-year, and EPS growth of -17.44% year-over-year. On the balance sheet, it maintains an interest coverage ratio of -0.14x, free cash flow of $364.03M (TTM), and net debt of $6.08B. Figures sourced from SEC EDGAR.
- Market Cap
- $4.79B
- P/E TTM
- 17.81x
- EPS TTM
- $7.47
- P/B TTM
- 1.32x
- ROE TTM
- 7.47%
- Free Cash Flow TTM
- $364.03M
- Net Revenue TTM Growth 1Y
- 8.22%
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is NELNET INC in?
NELNET INC (NNI) operates in the Personal Credit Institutions industry.
What exchange does NNI trade on?
NELNET INC (NNI) trades on the NYSE.
Where is NELNET INC incorporated?
NELNET INC is incorporated in NE.
When was NELNET INC (NNI)'s most recent SEC filing?
NELNET INC (NNI)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-06.
What is NNI's market cap?
NELNET INC (NNI) has a market capitalization of $4.79B as of 2026-06-30.
What is NNI's P/E ratio?
NELNET INC (NNI)'s trailing twelve month P/E ratio is 17.81x as of 2026-06-30.
What is NNI's EPS (earnings per share)?
NELNET INC (NNI)'s trailing twelve month EPS is $7.47 as of 2026-06-30.
What is NNI's ROE (return on equity)?
NELNET INC (NNI)'s trailing twelve month Return on Equity (ROE) is 7.47% as of 2026-06-30.
What is NNI's ROIC (return on invested capital)?
NELNET INC (NNI)'s trailing twelve month Return on Invested Capital (ROIC) is -0.41% as of 2026-06-30.
What is NNI's EV/EBITDA?
NELNET INC (NNI)'s trailing twelve month EV/EBITDA is 383.40x as of 2026-06-30.