NELNET INC
NNINYSE
$134.28
↓ -0.8%Jul 17 close · end-of-day
Price
1Y↑ +13.4%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$4.8B
Enterprise Value
$12.3B
P/E
11.7
P/S
—
P/B
1.3
EV/EBITDA
—
PEG
4.0
FCF Yield
7.6%
Dividend Yield
—
Revenue (TTM)
—
Net Income (TTM)
$417.0M
Free Cash Flow (TTM)
$370.5M
Gross Margin
—
Operating Margin
—
Net Margin
—
ROE
11.2%
ROIC
—
Debt / Equity
2.1
Net Cash
-$7.5B
Return 1Y
+13.0%
Company profile
Nelnet, Inc. engages in loan servicing, communications, education technology, services, and payment processing businesses. 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. The Communications segment provides fiber optic service to homes and businesses for internet, television, and telephone services.
- CEO
- Jeffrey R. Noordhoek
- Sector
- Finance, Insurance, And Real Estate
- Industry
- Banking
- Employees
- 5,200
- Headquarters
- Nebraska
- Website
- nelnet.com
Management & directors
- Kruger James DChief Financial Officer
- Dunlap Matthew WPresident, NFS
- Munn William JSecy/Chief Legal Off/Gen Coun
- Noordhoek Jeffrey RChief Executive Officer
- Dunlap Michael SExecutive Chairman of Board
Roles derived from SEC Form 4 filings.
Earnings
NNI Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue——
Diluted EPS$1.97↓ -12.8%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — |
| Operating income | — | — | — | — | — | — |
| Net income | $352.4M | $393.3M | $406.9M | $89.8M | $184.0M | $428.5M |
| Diluted EPS | $9.02 | $10.20 | $10.82 | $2.40 | $5.02 | $11.79 |
| Operating cash flow | $349.1M | $480.3M | $683.1M | $432.0M | $662.9M | $423.0M |
| Free cash flow | $235.8M | $421.4M | $623.6M | $358.0M | $642.0M | $396.7M |
| Gross margin | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — |
| Net margin | — | — | — | — | — | — |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | — | — | — | — | — | — | — | — |
| Net income | $45.1M | $2.4M | $63.2M | $82.6M | $181.5M | $106.7M | $57.8M | $71.1M |
| Diluted EPS | $1.23 | $0.07 | $1.74 | $2.26 | $4.97 | $2.94 | $1.62 | $1.97 |
| Operating cash flow | $133.8M | $137.0M | $180.5M | $91.2M | $81.8M | $112.4M | $137.6M | $73.1M |
| Free cash flow | $123.1M | $132.6M | $163.2M | $87.8M | $78.1M | $100.8M | $130.1M | $61.6M |
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — | — | — |
| Net margin | — | — | — | — | — | — | — | — |
Company news
Jul 9, 2026
Jun 29, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-07-09 | Kruger James D· Chief Financial Officer | Gift | 2,500 | $0.00 | $0.00 | filing |
| 2026-06-15 | Bansal Preeta D | Award | 1,626 | $110.76 | $180,095.76 | filing |
| 2026-06-15 | Farrell Kathleen Anne | Award | 1,626 | $110.76 | $180,095.76 | filing |
| 2026-06-15 | Graff David S | Award | 1,535 | $110.76 | $170,016.60 | filing |
| 2026-06-15 | Van Deun Jona M | Award | 407 | $110.76 | $45,079.32 | filing |
| 2026-06-10 | Dunlap Matthew W· President, NFS | Tax withholding | 15 | $130.72 | $1,960.80 | filing |
| 2026-04-30 | Kruger James D· Chief Financial Officer | Gift | 5,000 | $0.00 | $0.00 | filing |
| 2026-04-15 | Munn William J· Secy/Chief Legal Off/Gen Coun | Gift | 1,052 | $0.00 | $0.00 | filing |
| 2026-04-15 | Munn William J· Secy/Chief Legal Off/Gen Coun | Gift | 1,052 | $0.00 | $0.00 | filing |
| 2026-03-30 | Peterson Adam K | Option exercise | 9,544 | $0.00 | $0.00 | filing |
| 2026-03-10 | NOORDHOEK JEFFREY R· Chief Executive Officer | Tax withholding | 1,195 | $131.23 | $156,819.85 | filing |
| 2026-03-10 | Munn William J· Secy/Chief Legal Off/Gen Coun | Tax withholding | 763 | $132.87 | $101,379.81 | filing |
| 2026-03-10 | Munn William J· Secy/Chief Legal Off/Gen Coun | Tax withholding | 763 | $132.87 | $101,379.81 | filing |
| 2026-03-10 | NOORDHOEK JEFFREY R· Chief Executive Officer | Tax withholding | 537 | $131.23 | $70,470.51 | filing |
| 2026-03-10 | NOORDHOEK JEFFREY R· Chief Executive Officer | Tax withholding | 486 | $131.23 | $63,777.78 | filing |
| 2026-03-10 | NOORDHOEK JEFFREY R· Chief Executive Officer | Tax withholding | 204 | $131.23 | $26,770.92 | filing |
| 2026-03-10 | Munn William J· Secy/Chief Legal Off/Gen Coun | Tax withholding | 143 | $131.23 | $18,765.89 | filing |
| 2026-03-10 | Munn William J· Secy/Chief Legal Off/Gen Coun | Tax withholding | 129 | $131.23 | $16,928.67 | filing |
| 2026-03-10 | Munn William J· Secy/Chief Legal Off/Gen Coun | Tax withholding | 119 | $131.23 | $15,616.37 | filing |
| 2026-03-10 | Dunlap Matthew W· President, NFS | Tax withholding | 67 | $131.23 | $8,792.41 | filing |
| 2026-03-10 | Munn William J· Secy/Chief Legal Off/Gen Coun | Tax withholding | 50 | $131.23 | $6,561.50 | filing |
| 2026-03-10 | Dunlap Matthew W· President, NFS | Tax withholding | 30 | $131.23 | $3,936.90 | filing |
| 2026-03-10 | Dunlap Matthew W· President, NFS | Award | 3,764 | $0.00 | $0.00 | filing |
| 2026-03-10 | Munn William J· Secy/Chief Legal Off/Gen Coun | Award | 2,597 | $0.00 | $0.00 | filing |
| 2026-03-10 | Munn William J· Secy/Chief Legal Off/Gen Coun | Award | 3,011 | $0.00 | $0.00 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.