Nelnet, Inc.

Nelnet, Inc.

NNIยทNYSE

$127.71

-1.1%
Financial ServicesFinancial - Credit Services

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.

At a Glance

Live Snapshot
Market Cap$4.59B
EPS11.5800
P/E Ratio11.03
Earnings Date08/05/2026
3Y-27.0%
5Y-38.0%
10Y-48.0%
3Y-35.0%
5Y-48.0%
10Y-58.0%
3Y+12.0%
5Y+36.0%
10Y+73.0%
nni

Nelnet, Inc. Funding & Solvency Profile

NNI ยท NYSE
Cash & Cash Equivalents973.55M
Net Receivables839.37M
Inventory0.00
Other Current Assets0.00
Total Current Assets2 B
Property, Plant & Equipment85.21M
Goodwill & Intangible Assets187.31M
Long-Term Investments11.79B
Other Non-Current Assets111.48M
Total Non-Current Assets12 B
Total Assets
14.06B

Financial Health Analysis

Current Ratio

382.15x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

2.93x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

2 B

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

13% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Mixed signals: Strong short-term liquidity provides comfort, but high overall leverage requires careful monitoring of debt servicing capabilities and refinancing risk.

Nelnet, Inc. Balance Sheet

NNI โ€ข NYSE

Nelnet, Inc. Balance SheetDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 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

SEC Filings

NNI - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
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
Showing 1 to 10 of 396 filings