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Nelnet(NYSE) NNI

Market Cap$4.51BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2003)+669%
5 Year+71%
1 Year+1%
1 Month-6%
$126.64
+0.41%
+0.52Today
Nelnet last closing stock price
MetricPriceDate
Last closeUSD 126.122026-08-19
Nelnet stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-0.21%USD 126.392026-08-12
1 month-5.92%USD 134.052026-07-20
3 month-2.47%USD 129.312026-05-21
Year to date-4.66%USD 132.292025-12-31
1 year+0.58%USD 125.392025-08-19
3 year+40.64%USD 89.682023-08-18
5 year+70.5%USD 73.972021-08-20
Since inception+669.37%USD 16.392003-12-11

Nelnet Financials at a Glance

Market Cap

$4.51BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$1.86B

Net Income (TTM)

$302.24M

EPS (TTM)

$8.21

P/E Ratio

15.36

Dividend

$1.29

Beta (Volatility)

0.59 (Low)

Price

$126.64

Volume

611.312

Open

$125.01

Previous Close

$126.12

Daily Range

$123.79 - $125.92

52-Week Range

$116.62 - $144.38

Estimated Earnings Date

Nov 5, 2026

NNI News

Dividends (3)

This Completely Off-the-Radar Company Yielding Just 1% Might Be the Safest High-Octane Dividend Stock to Own in 2026

Brett SchaferOct 20, 2025
holding her credit card and doing online shopping while talking on her cellphone

How Klarna Makes Money

Rachel WarrenOct 3, 2025
Foolcom-Featured.png

Nelnet (NNI) Q2 EPS Jumps 320%

Motley Fool Markets TeamAug 6, 2025
money charts up arrow.jpg

Nelnet Shows Recovery, Tops EPS

Motley Fool Markets TeamFeb 28, 2025
NNI

Is Nelnet the Next Warren Buffett-Like Stock?

Motley Fool YouTubeFeb 3, 2025
GettyImages-1347340865-601x400-bf06395.jpg

Nelnet: Q3 Earnings Miss, Revenue Slides

Motley Fool Markets TeamNov 7, 2024
classmates students children waiting in line for school bus

Why NelNet Stock Is Popping Higher Today

Lou WhitemanMay 10, 2024
price vs. value scale drawing

Got $5,000? Buy and Hold These 3 Value Stocks for Years

Ryan HendersonSep 30, 2023
Page 1

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About Nelnet

Nelnet, Inc. helps students and families manage their education costs. It makes school payment plans simple for parents and students. The company also provides high-speed internet and online banking services.

Beyond Student Loans

  • Loan Servicing: Manages borrower accounts and processes payments for federal and private student loans.
  • Education Technology: Provides tuition payment plans and school management software for K-12 and higher education.
  • Asset Management: Acquires and owns portfolios of federally insured student loan assets.
  • Nelnet Bank: Operates an online industrial bank offering education and consumer loans.
  • Communications: Delivers fiber optic internet and television services to residential and business clients.

Strategic Moves and Expansion

  • Acquired a Canadian student loan servicing business on Feb. 2, 2026, adding 2.7 million borrowers to its platform.
  • Began purchasing Pay Later receivables during the third quarter of 2025 to expand its consumer lending portfolio.
  • Sold the solar construction subsidiary, Nelnet Renewable Energy, in Nov. 2025 following rising costs.
  • Recognized a $175 million gain on a partial redemption of an investment in ALLO in June 2025.

What Makes Nelnet Different?

Nelnet uses its scale in student loan servicing to support large government contracts and diverse private portfolios. The company integrates specialized financial services with technology to serve both students and educational institutions efficiently.

Measuring the Results

  • Market capitalization reached $4.8 billion in the second quarter of 2026, up 8.7% year over year.
  • GAAP net income was $66.7 million for the three months ended June 30, 2026, compared to $181.5 million in 2025.
  • Nelnet Bank net income reached $10.5 million for the three months ended June 30, 2026.
  • Provision for loan losses was $41.1 million for the three months ended June 30, 2026.

Bottom Line

Nelnet has evolved from a student loan servicer into a multi-industry technology and finance company. This diversification supports operational stability as its legacy federal loan portfolios naturally decline over time.

AI Generated • Aug 7, 2026

Industry

Consumer Finance

Sector

Financials

Employees

5,744

CEO

Jeffrey R. Noordhoek, MBA

Website

www.nelnetinc.com

Headquarters

Lincoln, NE 68508, US

NNI Financials

Key Financial Metrics (TTM)

Gross Margin

82.73%

Operating Margin

30.35%

Net Income Margin

16.27%

Return on Equity

8.15%

Return on Capital

9.97%

Return on Assets

2.12%

Earnings Yield

6.51%

Dividend Yield

1.02%

Payout Ratio

15.33%

Stock Overview

Market Cap

$4.51BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

35.78M

Volume

611.312

Avg. Volume

132.83K

Financials (TTM)

Gross Profit

$1.54B

Operating Income

$563.79M

EBITDA

$525.20M

Operating Cash Flow

$401.07M

Capital Expenditure

-$37.04M

Free Cash Flow

$364.03M

Cash & ST Invst.

$1.56B

Total Debt

$7.04B

Nelnet Performance Analysis

Nelnet annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 1,762,242,00023.1%
20232023-12-31USD 2,068,276,00017.4%
20242024-12-31USD 2,122,477,0002.6%
20252025-12-31USD 2,263,351,0006.6%
Nelnet sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-30-19.3%
Q42025-12-311.9%
Q12026-03-314.3%
Q22026-06-30-36.5%
Nelnet annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD 10.634.2%
20232023-12-31USD 2.35-77.9%
20242024-12-31USD 4.93109.6%
20252025-12-31USD 11.58135.0%
Nelnet sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-30-40.8%
Q42025-12-31-46.6%
Q12026-03-3125.5%
Q22026-06-30-6.1%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

$333.64M

-45.6%

Gross Profit

$272.08M

-41.1%

Gross Margin

81.55%

N/A

Market Cap

$4.51BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$785.60K

N/A

Employees

5,744

N/A

Net Income

$66.66M

-63.3%

EBITDA

$4.47M

-98.3%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

$1.56B

+19.1%

Total Debt

$7.04B

-10.9%

Accounts Receivable

$211.69M

+16.3%

Inventory

$0.00

N/A

Long Term Debt

$5.82B

-20.1%

Short Term Debt

$1.22B

+96.6%

Return on Assets

2.12%

N/A

Return on Invested Capital

5.21%

N/A

Free Cash Flow

$71.57M

-8.3%

Operating Cash Flow

$77.89M

-4.7%

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Questions About NNI

What is the current price of Nelnet?

Nelnet is trading at $125.92 per share.

What is the 52-week range for Nelnet?

Over the past 52 weeks, Nelnet has traded between $116.62 and $144.38.

How much debt does Nelnet have?

As of the most recent reporting period, Nelnet reported total debt of $7.04B.

How much cash does Nelnet have on hand?

Nelnet reported $966.31M in cash and cash equivalents in its most recent financial results.

What is Nelnet’s dividend yield?

Nelnet currently has a dividend yield of 1.02%.

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