Nelnet, Inc.

NNI Financial Credit Services

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

128.88 1.87 +1.47%
Market cap
$4.5B
P/E
16.8×
Fwd P/E
16.5×
Dividend yield
1.04%
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Nelnet, Inc. (NNI) Revenue growth

Alert me on Revenue growth

Nelnet, Inc.'s revenue growth over the twelve months to 30 June 2026 was −6.25%, down 11.7 percentage points from fiscal 2025 (5.49%). Over the past ten years it has ranged from −13.2% (fiscal 2021) to 39.7% (fiscal 2018); the current reading is higher than 73% of that period. That is below the Credit Services industry median of 4.49% and below the Financial sector median of 7.33%.

Revenue growth, annual

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Annual newest first

Period Revenue growth Change (points)
FY2025 5.49% 0.36
FY2024 5.13% 2.67
FY2023 2.46% (29.81)
FY2022 32.3% 45.51
FY2021 −13.2% (10.44)
FY2020 −2.80% (4.80)
FY2019 2.00% (37.66)
FY2018 39.7% 42.42
FY2017 −2.76% (9.64)
FY2016 6.88% 7.09

Quarterly newest first

Period Revenue growth Change (points)
Jun 2026 −23.0% (23.91)
Mar 2026 0.96% 6.95
Dec 2025 −5.99% (14.20)
Sep 2025 8.21% (24.07)
42 more quarters

Against its own ten years

Low −13.2% High 39.7%
Ten-year median 2.46%
Current reading's percentile 73

Revenue growth against peers

Company Revenue growth
SEZL Sezzle Inc. compare 38.9%
KLAR Klarna Group plc compare 34.2%
FCFS FirstCash Holdings, Inc. compare 22.9%
ENVA Enova International, Inc. compare 20.1%
OMF OneMain Holdings, Inc. compare 7.88%
BFH Bread Financial Holdings, Inc. compare 2.29%
CACC Credit Acceptance Corporation compare 1.68%
SLM SLM Corporation compare −5.69%
NNI Nelnet, Inc. −6.25%
Credit Services industry median 4.49%
Financial sector median 7.33%
Market median 7.58%

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

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