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Nelnet Inc (NNI)
NYSE:NNI
US Market
NNI
Nelnet
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Nelnet (NNI) Income Statement

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Nelnet Income Statement

Last quarter (Q4 2025), Nelnet's total revenue was $503.95M, an increase of 16.07% from the same quarter last year. In Q4, Nelnet's net income was $57.77M. See Nelnet’s key income statements, including revenue, expenses, profit, and income.
Income Statement
Dec 25Dec 24Dec 23Dec 22Dec 21
Total Revenue
$ 2.26B$ 1.85B$ 1.81B$ 1.82B$ 1.42B
Gross Profit
$ 1.97B$ 1.11B$ 961.15M$ 1.35B$ 1.25B
Operating Expenses
$ 821.71M$ 882.93M$ 892.43M$ 849.96M$ 751.91M
Depreciation and Amortization
$ 33.57M$ 132.53M$ 145.39M$ 176.25M$ 132.32M
EBITDA
$ 1.06B$ 361.11M$ 214.11M$ 678.09M$ 634.43M
Operating Income
$ 1.14B$ 228.58M$ 68.72M$ 501.85M$ 502.11M
Other Income/Expenses
$ -618.56M$ 0.00$ 0.00$ 0.00$ 0.00
Pretax Income
$ 526.33M$ 228.58M$ 68.72M$ 501.85M$ 502.11M
Net Income
$ 428.47M$ 184.04M$ 89.83M$ 406.90M$ 393.29M
Per Share Metrics
Basic EPS
$ 11.58$ 5.02$ 2.39$ 10.63$ 10.20
Diluted EPS
$ 11.58$ 5.02$ 2.39$ 10.63$ 10.20
Weighted Average Shares Outstanding
 36.33M 36.64M 37.42M 37.60M 37.94M
Weighted Average Shares Outstanding (Diluted)
 36.33M 36.64M 37.42M 37.60M 37.94M
Currency in USD

Nelnet Earnings and Revenue History