Nelnet, Inc.
Nelnet, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.3 billion, up 5.49% from fiscal 2024.
- Revenue
- −23.0%
- EPS
- −27.6%
- Free cash flow
- +575.6%
- Total debt
- −13.5%
Quarter to September 2026, against a year earlier
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Nelnet, Inc. (NNI) Net income
Nelnet, Inc.'s net income for fiscal 2025 was $398.3M, up 126.4% from $175.9M in fiscal 2024. Over the twelve months to 30 September 2026 it was $195.9M. Over the past ten years it has ranged from $49.3M (fiscal 2023) to $398.3M (fiscal 2025) — the current reading is the highest in ten years. Nelnet, Inc. ranks 25th of 53 Credit Services companies by net income.
Net income, annual
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Annual newest first
| Period | Net income | Change |
|---|---|---|
| FY2025 | $398.3M | 126.44% |
| FY2024 | $175.9M | 256.61% |
| FY2023 | $49.3M | (87.31%) |
| FY2022 | $388.7M | 0.64% |
| FY2021 | $386.3M | 10.48% |
| FY2020 | $349.6M | 147.45% |
| FY2019 | $141.3M | (37.90%) |
| FY2018 | $227.5M | 40.60% |
| FY2017 | $161.8M | (37.16%) |
| FY2016 | $257.5M | (4.01%) |
Quarterly newest first
| Period | Net income | Change |
|---|---|---|
| Sep 2026 | $56.2M | 23.57% |
| Jun 2026 | $45.5M | (18.22%) |
| Mar 2026 | $55.6M | 43.72% |
| Dec 2025 | $38.7M | (61.57%) |
| 43 more quarters | Free account |
Against its own ten years
Net income against peers
| Company | Net income |
|---|---|
| OMF OneMain Holdings, Inc. compare | $767.0M |
| SLM SLM Corporation compare | $567.4M |
| BFH Bread Financial Holdings, Inc. compare | $537.0M |
| FCFS FirstCash Holdings, Inc. compare | $406.5M |
| ENVA Enova International, Inc. compare | $382.4M |
| CACC Credit Acceptance Corporation compare | $337.1M |
| NNI Nelnet, Inc. | $195.9M |
| SEZL Sezzle Inc. compare | $182.6M |
| KLAR Klarna Group plc compare | −$61.0M |
What Net income is
Net Income tells an investor how much profit a company kept in a period after every cost, interest charge and tax.
Reported line item
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- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
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- Current ratio
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