$127.71
-1.1%Nelnet, Inc. engages in loan servicing, communications, education technology, services, and payment processing businesses worldwide. The Loan Servicing and Systems segment provides loan conversion, application processing, borrower updates, customer service, payment processing, due diligence procedures, funds management reconciliation, and claim processing services. This segment also provides student loan servicing software; business process outsourcing services specialized in contact center management, such as inbound calls, outreach campaigns and sales, and interacting with customers through multi-channels. The Education Technology, Services, and Payment Processing segment offers financial management services; school information system software; website design and cost effective admissions software; FACTS Giving, a donation platform; and customized professional development and coaching services, educational instruction services, and technology products that aid in teacher and student evaluations. It also offers tuition payment plans, and service and technology for student billings, payments, and refunds; solutions for in-person, online, and mobile payment experiences on campus; payment processing services, such as credit card and electronic transfer; faith community engagement, giving management, and learning management services and technologies; and an integrated commerce payment platform, financial management, and tuition payment plan services, as well as a school management platform that provides administrative, information management, financial management, and communication functions for K-12 schools. The Communications segment provides fiber optic service to homes and businesses for internet, television, and telephone services. The Asset Generation and Management segment acquires, manages, and owns loan assets. The Nelnet Bank segment operates internet industrial banks. The company was founded in 1978 and is headquartered in Lincoln, Nebraska.
Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.
High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.
Strong working capital position provides significant operational flexibility and financial cushion.
Capital-intensive business with significant long-term investments in property, equipment, or intangibles.
Mixed signals: Strong short-term liquidity provides comfort, but high overall leverage requires careful monitoring of debt servicing capabilities and refinancing risk.
NNI โข NYSE
| Nelnet, Inc. Balance Sheet | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASSETS | ||||||||||||||||||||
CURRENT ASSETS | ||||||||||||||||||||
973.5M | 194.5M | 168.1M | 118.1M | 125.6M | 121.2M | 133.9M | 121.3M | 66.8M | 69.7M | 63.5M | 130.5M | 63.3M | 66M | 42.6M | 283.8M | 338.2M | 189.8M | 111.7M | 106.1M | |
0.0 | 983.8M | 937.9M | 1.4B | 929.7M | 348.6M | 52.7M | 53M | 77M | 103.9M | 142M | 141.3M | 181.1M | 72.9M | 614.3M | 0.0 | -325.9M | 0.0 | 0.0 | 0.0 | |
973.5M | 1.2B | 1.1B | 1.5B | 1.1B | 469.9M | 186.6M | 192M | 147.7M | 176.1M | 0.0 | 271.8M | 244.4M | 138.9M | 817.5M | 283.8M | 12.3M | 189.8M | 111.7M | 106.1M | |
839.4M | 192.2M | 249.9M | 226M | 163.3M | 76.5M | 115.4M | 755.1M | 0.0 | 452.3M | 453.6M | 402.1M | 370.6M | 371.2M | 372.1M | 370.8M | 371.4M | 514M | 642.4M | 571M | |
839.4M | 159.9M | 196.2M | 194.9M | 163.3M | 76.5M | 115.4M | 0.0 | 0.0 | 0.0 | 0.0 | 402.1M | 370.6M | 371.2M | 372.1M | 370.8M | 371.4M | 514M | 22.5M | 26.1M | |
0.0 | 32.3M | 53.7M | 31.1M | 0.0 | 0.0 | 0.0 | 755.1M | 37.9M | 452.3M | 453.6M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 222.4M | 227.1M | 176.2M | 369.1M | 263.4M | 66.8M | 283.9M | 335.5M | -642.4M | -552.6M | |
1.8B | 1.4B | 1.4B | 1.7B | 1.2B | 546.3M | 302M | 0.0 | 0.0 | 0.0 | 884M | 901M | 791.2M | 879.1M | 678M | 721.4M | 667.5M | 1B | 87.4M | 103.6M | |
NON-CURRENT ASSETS | ||||||||||||||||||||
85.2M | 95.2M | 127M | 122.5M | 119.4M | 123.5M | 348.3M | 344.8M | 248.1M | 123.8M | 80.5M | 45.9M | 33.8M | 31.9M | 34.8M | 30.6M | 26.6M | 38.7M | 55.8M | 67.9M | |
0.0 | 158M | 158M | 176.9M | 142.1M | 142.1M | 156.9M | 156.9M | 138.8M | 147.3M | 146M | 126.2M | 117.1M | 117.1M | 117.1M | 117.1M | 143.7M | 175.2M | 164.7M | 191.4M | |
187.3M | 36.3M | 44.8M | 63.5M | 52M | 75.1M | 81.5M | 114.3M | 38.4M | 47.8M | 51.1M | 42.6M | 6.1M | 9.4M | 28.4M | 38.7M | 53.5M | 77.1M | 112.8M | 163M | |
187.3M | 194.4M | 202.8M | 240.4M | 194.1M | 217.2M | 238.4M | 271.2M | 177.2M | 195.1M | 197.1M | 168.8M | 123.3M | 126.5M | 145.5M | 155.8M | 197.3M | 252.2M | 277.5M | 354.4M | |
11.8B | 10.9B | 13.9B | 15.9B | 18.9B | 20.8B | 21.6B | 0.0 | 174.7M | 188.7M | 234.7M | 149.1M | 192M | 83.3M | 50.8M | 43.2M | 0.0 | 0.0 | 85.2M | 129.1M | |
72.6M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 25.2B | 24B | 27.2B | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -277.5M | -354.4M | |
111.5M | 1.2B | 1.2B | 1.4B | 1.2B | 980.3M | 1.3B | -23.4B | -22.6B | -25.7B | 1.3B | 1.4B | 1.3B | 1.5B | 24.9B | -43.2M | 0.0 | 0.0 | 192.3M | 225.3M | |
12.3B | 12.4B | 15.4B | 17.6B | 20.5B | 22.1B | 23.4B | 2.7B | 1.9B | 2B | 1.8B | 1.8B | 1.6B | 1.7B | 25.2B | 186.4M | 223.9M | 291M | 333.3M | 422.3M | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 22.4B | 21.9B | 25.1B | 27.8B | 27.4B | 25.4B | 24B | 0.0 | 25B | 25B | 26.5B | 28.7B | 26.3B | |
14.1B | 13.8B | 16.7B | 19.4B | 21.7B | 22.6B | 23.7B | 25.2B | 24B | 27.2B | 30.5B | 30.1B | 27.8B | 26.6B | 25.9B | 25.9B | 25.9B | 27.9B | 29.2B | 26.8B | |
LIABILITIES | ||||||||||||||||||||
CURRENT LIABILITIES | ||||||||||||||||||||
0.0 | 21M | 35.4M | 36M | 4.6M | 28.7M | 47.3M | 61.7M | 50M | 45.7M | 31.5M | 25.9M | 21.7M | 14.8M | 19.6M | 19.2M | 19.8M | 81.6M | 129.4M | 120.2M | |
0.0 | 21M | 35.4M | 36M | 4.6M | 28.7M | 47.3M | 61.7M | 50M | 45.7M | 31.5M | 25.9M | 21.7M | 14.8M | 19.6M | 19.2M | 19.8M | 81.6M | 129.4M | 120.2M | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 50M | 45.7M | 31.5M | 25.9M | 21.7M | 14.8M | 0.0 | 19.2M | 19.8M | 81.6M | 129.4M | 120.2M | |
4.7M | 943.2M | 1.6B | 1.7B | 600.9M | 553.4M | 944.7M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 8.9M | 175.6M | 861.5M | 2.9B | 6.9B | 5.3B | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -986.9M | -336M | -1.7B | -2B | -1.2B | -1.4B | -1.6B | -888.8M | -558.4M | -2.1B | 0.0 | -6.9B | -5.7B | |
0.0 | 1.2B | 743.6M | 691.3M | 344.3M | 54.6M | 0.0 | -61.7M | -100.1M | -91.4M | -63M | -51.8M | -43.5M | -29.5M | -19.6M | -213.9M | -39.7M | -163.2M | -258.9M | -240.4M | |
4.7M | 2.2B | 2.4B | 2.4B | 949.8M | 636.7M | 991.9M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
NON-CURRENT LIABILITIES | ||||||||||||||||||||
7.8B | 7.4B | 10.2B | 12.9B | 17B | 18.8B | 19.6B | 22.2B | 21.4B | 24.7B | 28.2B | 28B | 26B | 25.1B | 24.4B | 24.5B | 22.7B | 26B | 21.2B | 20.3B | |
92.5M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -687.4M | -442.5M | -453.7M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
38.2M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 23.4M | 28.4M | 28M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
2.6B | 961.7M | 904.9M | 809.6M | 729.3M | 595M | 741.5M | -22.2B | -21.4B | -24.7B | -28.2B | -28B | -26B | -25.1B | -24.4B | -24.5B | -23.9B | 0.0 | 0.0 | 0.0 | |
10.5B | 8.3B | 11.1B | 13.7B | 17.8B | 19.4B | 20.3B | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 26.8B | 28.1B | 25.6B | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -10.3M | -15.9M | -22.3M | 59M | -230K | -141K | -318K | 12K | 259K | -136K | -329K | -96K | 23K | |
8.3M | 0.0 | 0.0 | 0.0 | 15.9M | 18.7M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
10.5B | 10.5B | 13.5B | 16.2B | 18.7B | 20B | 21.3B | 22.9B | 21.8B | 25.1B | 28.6B | 28.4B | 26.3B | 25.4B | 24.8B | 25B | 25.1B | 27.2B | 28.6B | 26.1B | |
SHAREHOLDERS' EQUITY | ||||||||||||||||||||
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 117K | 383K | 270K | 0.0 | 0.0 | 181K | 187K | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 5M | |
359K | 363K | 371K | 372K | 379K | 384K | 398K | 403K | 408K | 421K | 440K | 463K | 464K | 466K | 471K | 483K | 499K | 493K | 495K | 525K | |
1.5M | 7.4M | 3.1M | 1.1M | 1M | 3.8M | 5.7M | 622K | 521K | 420K | 0.0 | 17.3M | 24.9M | 32.5M | 49.2M | 76.3M | 109.4M | 103.8M | 96.2M | 177.7M | |
3.7B | 3.3B | 3.3B | 3.2B | 2.9B | 2.6B | 2.4B | 2.3B | 2.1B | 2.1B | 1.9B | 1.7B | 1.4B | 1.1B | 1B | 831.1M | 676.2M | 540.5M | 515.3M | 496.3M | |
2.6M | 1.5M | -20.1M | -37.4M | 9.3M | 6.1M | 3M | 3.9M | 4.6M | 4.7M | 2.3M | 5.1M | 4.8M | 2.8M | 0.0 | 0.0 | 0.0 | -82.6M | 0.0 | -5M | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -1.1M | -1.2M | -1.4M | 81.1M | -3.1M | 2.3M | |
3.7B | 3.3B | 3.3B | 3.2B | 3B | 2.6B | 2.4B | 2.3B | 2.1B | 2.1B | 1.9B | 1.7B | 1.4B | 1.2B | 1.1B | 906.6M | 784.6M | 643.2M | 608.9M | 671.9M | |
3.6B | 3.3B | 3.2B | 3.2B | 3B | 2.6B | 2.4B | 2.3B | 2.2B | 2.1B | 1.9B | 1.7B | 1.4B | 1.2B | 1.1B | 906.6M | 784.6M | 643.2M | 608.9M | 671.9M | |
-108.6M | -50.6M | -53.6M | 943K | 1.6M | -3.7M | 4.4M | 10.3M | 15.9M | 9.3M | 7.7M | 230K | 328K | 5K | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
SUMMARY | ||||||||||||||||||||
14.1B | 13.8B | 16.7B | 19.4B | 21.7B | 22.6B | 23.7B | 25.2B | 24B | 27.2B | 30.5B | 30.1B | 27.8B | 26.6B | 25.9B | 25.9B | 25.9B | 27.9B | 29.2B | 26.8B | |
11.8B | 11.9B | 14.8B | 17.2B | 19.9B | 21.1B | 21.6B | 243.3M | 255.6M | 295.2M | 379.2M | 290.4M | 373.1M | 156.2M | 665.1M | 43.2M | -325.9M | 0.0 | 85.2M | 129.1M | |
7.8B | 8.3B | 11.8B | 14.6B | 17.6B | 19.3B | 20.5B | 22.2B | 21.4B | 24.7B | 28.2B | 28B | 26B | 25.1B | 24.4B | 24.7B | 24.8B | 26.8B | 28.1B | 25.6B | |
6.8B | 8.1B | 11.7B | 14.5B | 17.5B | 19.2B | 20.4B | 21.8B | 21B | 24.3B | 27.8B | 27.9B | 25.9B | 25B | 24.4B | 24.4B | 24.5B | 26.6B | 28B | 25.5B | |
35,933,034 | 35,933,034 | 35,933,034 | 35,933,034 | 35,933,034 | 35,933,034 | 35,933,034 | 35,933,034 | 35,933,034 | 35,933,034 | 35,933,034 | 35,933,034 | 35,933,034 | 35,933,034 | 35,933,034 | 35,933,034 | 35,933,034 | 35,933,034 | 35,933,034 | 35,933,034 |
NNI - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 18, 2026 | May 14, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 07, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 07, 2026 | May 07, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 30, 2026 | April 29, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 02, 2026 | May 14, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 02, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 23, 2026 | March 23, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 26, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 26, 2026 | February 26, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 02, 2026 | February 02, 2026 | 2026 |
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