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Nelnet Inc (NNI)

Operating cash flow minus capital spending left $396.7M of free cash flow in fiscal 2025. At June 30, 2026 it held $172.4M in cash against $7B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 6, 2026.

Price
$124.34
-0.55% on the day · September 25, 2026
52-week range $116.62 to $144.38
Market cap
$4.4B
P/E
10.6
on FY2025 diluted EPS

What Nelnet Inc does

Nelnet Inc is registered with the SEC under industry code SIC 6141 (Personal Credit Institutions). Its shares trade on NYSE under the ticker NNI.

Revenue and profit by year

Net income
FY18: $227.9M $227.9M FY18FY19: $141.8M $141.8M FY19FY20: $352.4M $352.4M FY20FY21: $393.3M $393.3M FY21FY22: $406.9M $406.9M FY22FY23: $89.8M $89.8M FY23FY24: $184M $184M FY24FY25: $428.5M $428.5M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025n/an/a$428.5M$11.79$396.7M
2024n/an/a$184M$5.02$642M
2023n/an/a$89.8M$2.40$358M
2022n/an/a$406.9M$10.82$623.6M
2021n/an/a$393.3M$10.20$421.4M
2020n/an/a$352.4M$9.02$235.8M

Latest SEC filings

What Nelnet Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. September 16, 2026
  2. August 6, 2026
    Quarterly report 10-Q · period to June 30, 2026
  3. August 6, 2026
  4. July 30, 2026
  5. June 5, 2026
  6. June 5, 2026
  7. May 18, 2026
  8. May 13, 2026
  9. May 7, 2026
    Quarterly report 10-Q · period to March 31, 2026
  10. May 7, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on September 16, 2026. Insider transactions on SEC

All filings on SEC EDGAR

Questions about NNI

What does Nelnet Inc do?

Nelnet Inc is registered with the SEC under industry code SIC 6141 (Personal Credit Institutions). Its shares trade on NYSE under the ticker NNI.

Is Nelnet Inc profitable?

Yes. Over the twelve months to June 30, 2026 it reported net income of $302.2M.

When did Nelnet Inc last report?

Its most recent periodic report is the quarterly report (10-Q) filed on August 6, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the executive or director change from September 16, 2026.

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Where the numbers come from

Financial figures are the values Nelnet Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.