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Friday 6 November 2026
Export NNI’s income statement to Excel — free account
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
130.09
3.08
+2.43%
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Nelnet, Inc. (NNI) Revenue
Nelnet, Inc.'s revenue for fiscal 2025 was $2.3B, up 5.49% from $2.1B in fiscal 2024. Over the twelve months to 30 June 2026 it was $2.1B. Over the past ten years it has ranged from $1.2B (fiscal 2015) to $2.3B (fiscal 2025) — the current reading is the highest in ten years. Revenue has risen for 4 consecutive fiscal years. Nelnet, Inc. ranks 23rd of 53 Credit Services companies by revenue.
Revenue, annual
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Annual newest first
| Period | Revenue | Change |
|---|---|---|
| FY2025 | $2.3B | 5.49% |
| FY2024 | $2.1B | 5.13% |
| FY2023 | $2.0B | 2.46% |
| FY2022 | $2.0B | 32.27% |
| FY2021 | $1.5B | (13.24%) |
| FY2020 | $1.7B | (2.80%) |
| FY2019 | $1.8B | 2.00% |
| FY2018 | $1.7B | 39.66% |
| FY2017 | $1.2B | (2.76%) |
| FY2016 | $1.3B | 6.88% |
Quarterly newest first
| Period | Revenue | Change |
|---|---|---|
| Jun 2026 | $518.9M | (1.84%) |
| Mar 2026 | $528.6M | 3.60% |
| Dec 2025 | $510.3M | (6.96%) |
| Sep 2025 | $548.5M | (18.56%) |
| 42 more quarters | Free account |
Against its own ten years
Low $1.2B
High $2.3B
Ten-year median
$1.7B
Current reading's percentile
100
Revenue against peers
| Company | Revenue |
|---|---|
| OMF OneMain Holdings, Inc. compare | $6.5B |
| BFH Bread Financial Holdings, Inc. compare | $4.8B |
| FCFS FirstCash Holdings, Inc. compare | $4.3B |
| KLAR Klarna Group plc compare | $4.0B |
| ENVA Enova International, Inc. compare | $3.7B |
| SLM SLM Corporation compare | $2.9B |
| CACC Credit Acceptance Corporation compare | $2.3B |
| NNI Nelnet, Inc. | $2.1B |
| SEZL Sezzle Inc. compare | $581.6M |
What Revenue is
Revenue tells an investor how much a company brought in from selling its goods and services over a period, before any costs are taken out.
Reported line item
More on NNI
- Net income
- EPS (diluted)
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement