Security
Nelnet, Inc. Class A · NNI
NNINYSECommon stockCurrentCIK 1258602Updated Nov 2, 2026
NNI price & chart
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NYSE:NNI on TradingView ↗In the news
Nelnet to Announce Third Quarter Results ↗
Recent filings
Regulation FD Disclosure
Items 7.01
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Regulation FD Disclosure
Items 5.02, 7.01, 9.01
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
Regulation FD Disclosure
Items 7.01
Show 5 more recent filings
Financials
FY 2025 · USDSource
Source
Source
Source
balance sheet · annual statements
| Line item | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | Q1 2024 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 13,876,682,000Source | 14,084,128,000Source | 14,275,064,000Source | 13,711,088,000Source | 14,501,193,000Source | 14,177,917,000Source | 14,191,958,000Source | 15,374,212,000Source | 14,063,783,000Source | 13,777,753,000Source | 16,736,645,000Source | 19,374,044,000Source |
| Property, Plant and Equipment, NetUSD | 93,174,000Source | 124,575,000Source | 80,732,000Source | 85,040,000Source | 131,666,000Source | 84,606,000Source | 89,584,000Source | 149,249,000Source | 75,532,000Source | 95,185,000Source | 127,008,000Source | 122,526,000Source |
| GoodwillUSD | 158,029,000Source | 158,029,000Source | 206,835,000Source | 158,029,000Source | 158,029,000Source | 203,930,000Source | 158,029,000Source | 158,029,000Source | 158,029,000Source | 158,029,000Source | 158,029,000Source | 176,902,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 31,754,000Source | 38,371,000Source | 96,003,000Source | 33,278,000Source | 40,521,000Source | 97,576,000Source | 34,803,000Source | 42,670,000Source | 29,283,000Source | 36,328,000Source | 44,819,000Source | 63,501,000Source |
| Current assets: | ||||||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 216,425,000Source | 219,684,000Source | 172,430,000Source | 225,753,000Source | 145,478,000Source | 240,007,000Source | 220,517,000Source | 179,682,000Source | 295,983,000Source | 194,518,000Source | 168,112,000Source | 118,146,000Source |
| Accounts Receivable | —Source | —Source | —Source | —Source | —Source | —Source | —Source | —Source | —Source | —Source | —Source | —Source |
| Operating Lease, Right-of-Use AssetUSD | — | — | — | — | — | — | — | — | 9,677,000Source | 11,016,000Source | 13,565,000Source | 14,852,000Source |
| LIABILITIES AND EQUITY | ||||||||||||
| LiabilitiesUSD | 10,289,987,000Source | 10,873,990,000Source | 10,639,628,000Source | 10,228,395,000Source | 11,281,171,000Source | 10,571,905,000Source | 10,828,949,000Source | 12,140,882,000Source | 10,486,554,000Source | 10,478,636,000Source | 13,514,730,000Source | 16,174,142,000Source |
| Stockholders’ equity: | ||||||||||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source |
| Additional Paid in CapitalUSD | 1,058,000Source | 4,179,000Source | 1,777,000Source | 637,000Source | 657,000Source | 1,535,000Source | 6,649,000Source | 1,101,000Source | 1,481,000Source | 7,389,000Source | 3,096,000Source | 1,109,000Source |
| Retained Earnings (Accumulated Deficit)USD | 3,648,375,000Source | 3,287,541,000Source | 3,770,251,000Source | 3,576,192,000Source | 3,295,301,000Source | 3,732,931,000Source | 3,412,939,000Source | 3,312,869,000Source | 3,681,333,000Source | 3,340,540,000Source | 3,279,273,000Source | 3,234,844,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 3,497,000Source | -1,431,000Source | -1,847,000Source | -2,208,000Source | -2,260,000Source | -3,534,000Source | -429,000Source | -8,476,000Source | 2,619,000Source | 1,470,000Source | -20,119,000Source | -37,366,000Source |
| Stockholders' Equity Attributable to ParentUSD | 3,653,290,000Source | 3,290,652,000Source | 3,770,539,000Source | 3,574,983,000Source | 3,294,061,000Source | 3,731,291,000Source | 3,419,523,000Source | 3,305,862,000Source | 3,685,792,000Source | 3,349,762,000Source | 3,262,621,000Source | 3,198,959,000Source |
| Liabilities and EquityUSD | 13,876,682,000Source | 14,084,128,000Source | 14,275,064,000Source | 13,711,088,000Source | 14,501,193,000Source | 14,177,917,000Source | 14,191,958,000Source | 15,398,662,000Source | 14,063,783,000Source | 13,777,753,000Source | 16,736,645,000Source | 19,374,044,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | -66,595,000Source | -80,514,000Source | -135,103,000Source | -92,290,000Source | -74,039,000Source | -125,279,000Source | -56,514,000Source | -48,082,000Source | -108,563,000Source | -50,645,000Source | -40,706,000Source | 943,000Source |
| Additional Financial Items | ||||||||||||
| Deferred Tax Liabilities, NetUSD | — | — | — | — | — | — | — | — | — | 9,409,000Source | 53,506,000Source | 105,674,000Source |
| Long-term DebtUSD | 7,822,531,000Source | 8,938,446,000Source | 7,043,156,000Source | 7,903,561,000Source | 9,567,708,000Source | 7,699,400,000Source | 8,656,157,000Source | 10,582,513,000Source | 7,780,927,000Source | 8,309,797,000Source | 11,828,393,000Source | 14,637,195,000Source |
cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | 100,675,000Source | -1,941,000Source | 45,471,000Source | 177,854,000Source | 55,600,000Source | 81,130,000Source | 398,346,000Source | 175,915,000Source | 54,435,000Source | 396,241,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Depreciation, Depletion and AmortizationUSD | — | — | — | — | — | — | 21,163,000Source | 23,123,000Source | 90,622,000Source | 132,527,000Source | 145,393,000Source | 176,248,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | — | — | 3,628,000Source | 3,115,000Source | 13,274,000Source | 12,045,000Source | 16,476,000Source | 14,176,000Source |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts ReceivableUSD | — | — | — | — | — | — | -15,334,000Source | -30,087,000Source | 33,371,000Source | -36,106,000Source | 1,356,000Source | 26,358,000Source |
| Deferred Income Tax Expense (Benefit)USD | — | — | — | — | — | — | -10,895,000Source | 4,316,000Source | -4,307,000Source | -21,621,000Source | -51,963,000Source | 34,640,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | 73,115,000Source | 91,169,000Source | 422,985,000Source | 662,890,000Source | 432,975,000Source | 684,059,000Source |
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | — | — | — | — | — | -197,007,000Source | 0Source | — | 0Source | 0Source | 34,036,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | 31,087,000Source | 136,357,000Source | 356,404,000Source | 2,412,733,000Source | 1,938,082,000Source | 2,272,027,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | — | — | — | 11,550,000Source | 3,378,000Source | 26,238,000Source | 20,903,000Source | 74,052,000Source | 59,421,000Source |
| Cash flows from financing activities: | ||||||||||||
| Payments for Repurchase of Common StockUSD | — | — | — | — | — | — | 16,280,000Source | 4,458,000Source | 69,346,000Source | 83,290,000Source | 28,028,000Source | 97,685,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | -244,175,000Source | -326,445,000Source | -737,138,000Source | -3,169,657,000Source | -2,703,198,000Source | -2,792,499,000Source |
| Payments of Ordinary Dividends, Common StockUSD | — | — | — | — | — | — | 11,834,000Source | 10,161,000Source | 42,993,000Source | 40,836,000Source | 39,419,000Source | 36,608,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | -143,021,000Source | -98,893,000Source | 42,526,000Source | -94,471,000Source | -332,125,000Source | 163,427,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 766,796,000Source | 899,018,000Source | 966,314,000Source | 801,776,000Source | 830,525,000Source | 832,127,000Source | 973,546,000Source | 931,020,000Source | 1,025,491,000Source | 1,357,616,000Source |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | 109,449,000Source | 119,241,000Source | 472,257,000Source | 651,471,000Source | 781,307,000Source | 350,662,000Source |
| Income Taxes Paid, NetUSD | — | — | — | — | — | — | 1,269,000Source | 1,311,000Source | 68,863,000Source | 15,238,000Source | 47,589,000Source | 57,705,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | — | — | — | — | -3,048,000Source | 26,000Source | 275,000Source | -437,000Source | 16,000Source | -160,000Source |
| Additional Financial Items | ||||||||||||
| Amortization of Intangible AssetsUSD | — | — | 1,500,000Source | 2,100,000Source | 4,700,000Source | 1,500,000Source | 3,700,000Source | 1,500,000Source | 7,000,000Source | 8,500,000Source | 17,000,000Source | 15,000,000Source |
| Debt Securities, Available-for-sale, Realized Gain (Loss)USD | — | — | 854,000Source | 1,721,000Source | 479,000Source | 595,000Source | 422,000Source | 483,000Source | 2,109,000Source | 4,534,000Source | -3,504,000Source | — |
| Deconsolidation, Gain (Loss), AmountUSD | — | — | — | — | — | — | — | — | — | — | — | 0Source |
| DepreciationUSD | — | — | — | — | — | — | — | — | 26,500,000Source | 49,600,000Source | 62,100,000Source | 59,100,000Source |
| Derivative, Gain (Loss) on Derivative, NetUSD | — | — | -788,000Source | -13,165,000Source | 3,686,000Source | -3,866,000Source | 1,587,000Source | -6,324,000Source | -9,098,000Source | 10,124,000Source | -41,773,000Source | 231,691,000Source |
| Equity Method Investment, Other than Temporary ImpairmentUSD | — | — | 5,761,000Source | — | — | — | — | — | 5,761,000Source | — | — | — |
| Equity Method Investment, Realized Gain (Loss) on DisposalUSD | — | — | 0Source | 0Source | 0Source | 175,000,000Source | — | — | 175,044,000Source | — | — | — |
| Gain (Loss) on Sale of Financing ReceivableUSD | — | — | -2,472,000Source | -107,000Source | — | 0Source | — | 909,000Source | -1,720,000Source | -1,643,000Source | 39,673,000Source | 2,903,000Source |
| Gain (Loss) on Sales of Loans, NetUSD | — | — | — | — | — | — | -105,000Source | 909,000Source | -1,720,000Source | -1,643,000Source | 39,673,000Source | 2,903,000Source |
| GoodwillUSD | — | — | 158,029,000Source | 158,029,000Source | 206,835,000Source | 158,029,000Source | 203,930,000Source | 158,029,000Source | 158,029,000Source | 158,029,000Source | 158,029,000Source | 176,902,000Source |
| Goodwill, Impairment LossUSD | — | — | — | — | — | — | — | — | — | — | 18,873,000Source | 0Source |
| Income (Loss) from Equity Method InvestmentsUSD | — | — | — | — | — | — | — | — | — | — | -46,700,000Source | — |
| Income Tax Expense (Benefit)USD | — | — | 35,773,000Source | -282,000Source | 19,942,000Source | 59,510,000Source | 20,061,000Source | 25,010,000Source | 127,986,000Source | 52,669,000Source | 19,753,000Source | 113,224,000Source |
| Investment Income, InterestUSD | — | — | 43,241,000Source | 50,272,000Source | 40,315,000Source | 40,185,000Source | 40,202,000Source | 41,389,000Source | 165,374,000Source | 185,901,000Source | 177,855,000Source | 91,601,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 106,684,000Source | 2,388,000Source | 66,662,000Source | 181,459,000Source | 71,126,000Source | 82,560,000Source | 428,474,000Source | 184,045,000Source | 91,532,000Source | 407,347,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | -6,009,000Source | -4,329,000Source | -21,191,000Source | -3,605,000Source | -15,526,000Source | -1,430,000Source | -30,128,000Source | -8,130,000Source | -37,097,000Source | -11,106,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | 106,684,000Source | 2,388,000Source | 66,662,000Source | 181,459,000Source | 71,126,000Source | 82,560,000Source | 428,474,000Source | 184,045,000Source | 91,532,000Source | 407,347,000Source |
| Operating ExpensesUSD | — | — | 225,736,000Source | 221,299,000Source | 259,814,000Source | 224,602,000Source | 233,986,000Source | 217,997,000Source | 927,088,000Source | 879,796,000Source | 860,506,000Source | 834,434,000Source |
| Proceeds from Issuance of Common StockUSD | — | — | — | — | — | — | 379,000Source | 341,000Source | 1,882,000Source | 1,946,000Source | 1,780,000Source | 1,633,000Source |
| Proceeds from Noncontrolling InterestsUSD | — | — | — | — | — | — | 7,658,000Source | 8,869,000Source | 153,025,000Source | 79,625,000Source | 88,389,000Source | 55,777,000Source |
| Financing Receivable, Credit Loss, Expense (Reversal)USD | — | — | -3,898,000Source | 17,859,000Source | 41,023,000Source | 17,712,000Source | 53,572,000Source | 15,465,000Source | 67,418,000Source | 54,439,000Source | 65,377,000Source | 46,368,000Source |
| Realized Investment Gains (Losses)USD | — | — | 42,317,000Source | 8,529,000Source | 19,643,000Source | 14,837,000Source | 15,169,000Source | 5,161,000Source | 61,072,000Source | 12,438,000Source | -8,586,000Source | 51,552,000Source |
| Gain (Loss) on Investments | — | — | — | — | —Source | —Source | —Source | —Source | — | — | — | — |
income statement · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of RevenueUSD | — | — | 59,991,000Source | 72,284,000Source | 41,270,000Source | 55,739,000Source | 52,040,000Source | 57,508,000Source | 226,272,000Source | 252,325,000Source | 219,759,000Source | 168,374,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | 136,448,000Source | -2,223,000Source | 65,413,000Source | 237,364,000Source | 75,661,000Source | 106,140,000Source | — | 228,584,000Source | 74,188,000Source | 509,465,000Source |
| Income Tax Expense (Benefit)USD | — | — | 35,773,000Source | -282,000Source | 19,942,000Source | 59,510,000Source | 20,061,000Source | 25,010,000Source | 127,986,000Source | 52,669,000Source | 19,753,000Source | 113,224,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | -6,009,000Source | -4,329,000Source | -21,191,000Source | -3,605,000Source | -15,526,000Source | -1,430,000Source | -30,128,000Source | -8,130,000Source | -37,097,000Source | -11,106,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 106,684,000Source | 2,388,000Source | 66,662,000Source | 181,459,000Source | 71,126,000Source | 82,560,000Source | 428,474,000Source | 184,045,000Source | 91,532,000Source | 407,347,000Source |
| Earnings Per Share, BasicUSD per share | — | — | 2.94Source | 0.07Source | 1.85Source | 4.97Source | 1.97Source | 2.26Source | 11.79Source | 5.02Source | 2.45Source | 10.83Source |
| Earnings Per Share, DilutedUSD per share | — | — | 2.94Source | 0.07Source | 1.85Source | 4.97Source | 1.97Source | 2.26Source | 11.79Source | 5.02Source | 2.45Source | 10.83Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 36,316,315Source | 36,430,485Source | 36,037,509Source | 36,485,605Source | 36,076,912Source | 36,478,426Source | 36,341,197Source | 36,642,533Source | 37,416,621Source | 37,603,033Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 36,316,315Source | 36,430,485Source | 36,037,509Source | 36,485,605Source | 36,076,912Source | 36,478,426Source | 36,341,197Source | 36,642,533Source | 37,416,621Source | 37,603,033Source |
| Additional Financial Items | ||||||||||||
| Amortization of Intangible AssetsUSD | — | — | 1,500,000Source | 2,100,000Source | 4,700,000Source | 1,500,000Source | 3,700,000Source | 1,500,000Source | 7,000,000Source | 8,500,000Source | 17,000,000Source | 15,000,000Source |
| Current Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | 132,293,000Source | 74,290,000Source | 71,716,000Source | 78,584,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | — | — | 7,327,000Source | 13,661,000Source | 10,142,000Source | 7,624,000Source | 9,170,000Source | 9,255,000Source | 33,571,000Source | 58,116,000Source | 79,118,000Source | 74,077,000Source |
| Goodwill, Impairment LossUSD | — | — | — | — | — | — | — | — | — | — | 18,873,000Source | 0Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | — | — | — | — | — | — | — | — | 558,019,000Source | — | — | — |
| Income (Loss) from Equity Method InvestmentsUSD | — | — | — | — | — | — | — | — | — | — | -46,700,000Source | — |
| Interest ExpenseUSD | — | — | — | — | — | — | — | — | — | — | 845,091,000Source | 430,137,000Source |
| InterestExpenseOperatingUSD | — | — | 120,708,000Source | 168,328,000Source | 108,902,000Source | 132,854,000Source | 109,583,000Source | 125,114,000Source | 496,950,000Source | 680,537,000Source | — | — |
| Interest Income (Expense), NetUSD | — | — | 85,250,000Source | 72,155,000Source | 96,011,000Source | 79,435,000Source | 101,643,000Source | 82,714,000Source | 354,509,000Source | 292,862,000Source | 264,709,000Source | 312,669,000Source |
| Investment Income, InterestUSD | — | — | 43,241,000Source | 50,272,000Source | 40,315,000Source | 40,185,000Source | 40,202,000Source | 41,389,000Source | 165,374,000Source | 185,901,000Source | 177,855,000Source | 91,601,000Source |
| Labor and Related ExpenseUSD | — | — | 144,778,000Source | 146,192,000Source | 152,664,000Source | 134,699,000Source | 139,371,000Source | 138,223,000Source | 558,786,000Source | 576,931,000Source | 591,537,000Source | 589,579,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | 106,684,000Source | 2,388,000Source | 66,662,000Source | 181,459,000Source | 71,126,000Source | 82,560,000Source | 428,474,000Source | 184,045,000Source | 91,532,000Source | 407,347,000Source |
| Operating ExpensesUSD | — | — | 225,736,000Source | 221,299,000Source | 259,814,000Source | 224,602,000Source | 233,986,000Source | 217,997,000Source | 927,088,000Source | 879,796,000Source | 860,506,000Source | 834,434,000Source |
| Other ExpensesUSD | — | — | 53,669,000Source | 44,685,000Source | 64,199,000Source | 56,617,000Source | 61,840,000Source | 48,307,000Source | 211,568,000Source | 189,503,000Source | 189,851,000Source | 170,778,000Source |
| Realized Investment Gains (Losses)USD | — | — | 42,317,000Source | 8,529,000Source | 19,643,000Source | 14,837,000Source | 15,169,000Source | 5,161,000Source | 61,072,000Source | 12,438,000Source | -8,586,000Source | 51,552,000Source |
| Gain (Loss) on Investments | — | — | — | — | —Source | —Source | —Source | —Source | — | — | — | — |
Filing attachments
aex991-080626xearningsrele.htm · 8-K · 2026-08-06
EX-99.1 2 aex991-080626xearningsrele.htm EX-99.1 Document Nelnet Reports Second Quarter 2026 Results LINCOLN, Neb., August 6, 2026 - Nelnet (NYSE: NNI) today reported GAAP net income of $66.7 million, or $1.85 per share, for the second quarter of 2026, compared with GAAP net income of $181.5 million, or $4.97 per share, for the same period a year ago. Net income, excluding derivative market value adjustments1, was $63.9 million, or $1.77 per share, for the second quarter of 2026, compared…
Read attachment ↗aex991-050726xearningsrele.htm · 8-K · 2026-05-07
EX-99.1 2 aex991-050726xearningsrele.htm EX-99.1 Document Nelnet Reports First Quarter 2026 Results LINCOLN, Neb., May 7, 2026 - Nelnet (NYSE: NNI) today reported GAAP net income of $71.1 million, or $1.97 per share, for the first quarter of 2026, compared with GAAP net income of $82.6 million, or $2.26 per share, for the same period a year ago. Net income, excluding derivative market value adjustments1, was $69.9 million, or $1.94 per share, for the first quarter of 2026, compared with $…
Read attachment ↗aex991-022626xearningsrele.htm · 8-K · 2026-02-26
EX-99.1 2 aex991-022626xearningsrele.htm EX-99.1 Document Nelnet Reports Fourth Quarter 2025 Results LINCOLN, Neb., February 26, 2026 - Nelnet (NYSE: NNI) today reported GAAP net income of $57.8 million, or $1.60 per share, for the fourth quarter of 2025, compared with GAAP net income of $63.2 million, or $1.73 per share, for the same period a year ago. Net income, excluding derivative market value adjustments1, was $56.3 million, or $1.56 per share, for the fourth quarter of 2025, compar…
Read attachment ↗aex992-022626xsupplement.htm · 8-K · 2026-02-26
EX-99.2 3 aex992-022626xsupplement.htm EX-99.2 Document For Release: February 26, 2026 Investor Contact: Phil Morgan, 402.458.3038 Nelnet, Inc. supplemental financial information for the fourth quarter 2025 (All dollars are in thousands, except per share amounts, unless otherwise noted) The following information should be read in connection with Nelnet, Inc.'s (the “Company's”) press release for fourth quarter 2025 earnings, dated February 26, 2026, and the Company's Annual Report on Fo…
Read attachment ↗aex991-110625xearningsrele.htm · 8-K · 2025-11-06
EX-99.1 2 aex991-110625xearningsrele.htm EX-99.1 Document Nelnet Reports Third Quarter 2025 Results LINCOLN, Neb., November 6, 2025 - Nelnet (NYSE: NNI) today reported GAAP net income of $106.7 million, or $2.94 per share, for the third quarter of 2025, compared with GAAP net income of $2.4 million, or $0.07 per share, for the same period a year ago. Net income, excluding derivative market value adjustments1, was $107.3 million, or $2.95 per share, for the third quarter of 2025, compared …
Read attachment ↗aex992-110625xsupplement.htm · 8-K · 2025-11-06
EX-99.2 3 aex992-110625xsupplement.htm EX-99.2 Document For Release: November 6, 2025 Investor Contact: Phil Morgan, 402.458.3038 Nelnet, Inc. supplemental financial information for the third quarter 2025 (All dollars are in thousands, except per share amounts, unless otherwise noted) The following information should be read in connection with Nelnet, Inc.'s (the “Company's”) press release for third quarter 2025 earnings, dated November 6, 2025, and the Company's Quarterly Report on For…
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