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Nelnet(NYSE) NNI

Market Cap$4.72BMarket 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)+702%
5 Year+80%
1 Year+6%
1 Month-0%
$131.82
-2.25%
-3.03Today
After hours$131.46-$0.37 (-0.28%)
Nelnet last closing stock price
MetricPriceDate
Last closeUSD 131.462026-08-07
Nelnet stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-3.25%USD 135.872026-07-31
1 month-0.27%USD 131.812026-07-08
3 month+7.69%USD 122.072026-05-08
Year to date-0.63%USD 132.292025-12-31
1 year+5.78%USD 124.282025-08-07
3 year+39.51%USD 94.232023-08-08
5 year+80.35%USD 72.892021-08-06
Since inception+701.94%USD 16.392003-12-11

Nelnet Financials at a Glance

Market Cap

$4.72BMarket 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)

$1.73B

Net Income (TTM)

$302.24M

EPS (TTM)

$8.21

P/E Ratio

16.01

Dividend

$1.29

Beta (Volatility)

0.59 (Low)

Price

$131.82

Volume

196,673.345

Open

$129.40

Previous Close

$131.46

Daily Range

$125.79 - $132.18

52-Week Range

$116.62 - $144.38

Estimated Earnings Date

Aug 6, 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 helps students and schools manage money and loan payments. It also provides internet and banking services to various customers. These tools make paying for education simpler for families and institutions.

How Nelnet Serves Customers

  • Education Technology: Software for school administration and tuition payment processing; earned $154.4 million in revenue in Q1 2026.
  • Loan Servicing: Account management and customer support for student and consumer lenders; earned $127.8 million in revenue in Q1 2026.
  • Asset Generation: Ownership and management of large portfolios of student and consumer loans to earn interest.
  • Nelnet Bank: Digital banking services that offer private education loans and accept retail deposits.
  • Communications: Fiber optic internet, television, and telephone services delivered to homes and businesses.

Strategic Moves and New Markets

  • Acquired Nelnet Diversified Services Canada, Inc. from DH Corporation in February 2026 for $105.8 million.
  • Purchased $766.2 million in Pay Later receivables by March 2026 to grow its consumer financing business.
  • Established a new $435 million unsecured line of credit in March 2026 to support general operations.
  • Contributed $296 million in federally insured loans to its banking segment in early 2026 to optimize assets.

A Unique Financial Model

The company combines steady service fees from schools and lenders with interest income from its own bank and loan assets. This diversity helps Nelnet maintain multiple revenue streams across the technology, finance, and education sectors.

Measuring Financial Performance

  • Revenue reached $525.5 million in Q1 2026, up 12.7% from $466.1 million in Q1 2025.
  • Operating income grew to $207.3 million in Q1 2026, up 95.3% from the previous year.
  • Net income was $71.1 million in Q1 2026, down 13.8% from $82.6 million in Q1 2025.
  • Free cash flow hit $61.6 million in Q1 2026, down 29.9% from $87.8 million in Q1 2025.

Bottom Line

Nelnet has transformed from a student loan specialist into a broad technology and financial services provider. Its expansion into banking and international servicing helps offset the gradual decline of its older federal loan portfolios.

AI Generated • May 21, 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

73.15%

Operating Margin

31.13%

Net Income Margin

17.48%

Return on Equity

8.15%

Return on Capital

9.97%

Return on Assets

2.12%

Earnings Yield

6.25%

Dividend Yield

0.98%

Payout Ratio

19.24%

Stock Overview

Market Cap

$4.72BMarket 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

35.93M

Volume

196.67K

Avg. Volume

136.24K

Financials (TTM)

Gross Profit

$1.26B

Operating Income

$538.27M

EBITDA

$686.50M

Operating Cash Flow

$474.18M

Capital Expenditure

-$48.59M

Free Cash Flow

$425.59M

Cash & ST Invst.

$46.78M

Total Debt

$0.00

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%
Q22026-06-30-61.0%
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

$204.91M

-66.6%

Gross Profit

$0.00

-100.0%

Gross Margin

0.00%

N/A

Market Cap

$4.72BMarket 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

$822.40K

N/A

Employees

5,744

N/A

Net Income

$66.66M

-63.3%

EBITDA

$165.76M

-37.8%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

$46.78M

-96.4%

Total Debt

$0.00

-100.0%

Accounts Receivable

$17.54B

+9534.8%

Inventory

$0.00

N/A

Long Term Debt

$0.00

-100.0%

Short Term Debt

$0.00

-100.0%

Return on Assets

2.12%

N/A

Return on Invested Capital

3.77%

N/A

Free Cash Flow

$133.13M

+70.5%

Operating Cash Flow

$151.01M

+84.7%

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Questions About NNI

What is the current price of Nelnet?

Nelnet is trading at $131.46 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 0.98%.

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