Nelnet (NNI)
Services education loans and supplies school administration, payment, and consumer-lending platforms.
$126.02
After hours−0.02 (−0.01%)
At close$126.04(−0.20%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 481 | 429 | 517 | 455 | 435 | 434 | 466 | 613 | 495 | 504 | 526 | 334 |
| Cost of revenue | 211 | 216 | 205 | 180 | 186 | 163 | 140 | 151 | 117 | 72 | 70 | 62 |
| Gross profit | 270 | 213 | 311 | 275 | 248 | 271 | 326 | 462 | 377 | 432 | 455 | 272 |
| 219 | 253 | 218 | 216 | 251 | 193 | 220 | 225 | 241 | 238 | 248 | 247 | |
| 141 | 153 | 155 | 151 | 146 | 202 | 160 | 160 | 165 | 0 | 0 | 185 | |
| General & administrative | 141 | 153 | 155 | 151 | 146 | 202 | 160 | 160 | 165 | 0 | 0 | 185 |
| Other expenses | 78 | 100 | 62 | 66 | 104 | −10 | 59 | 64 | 76 | 238 | 248 | 61 |
| Operating income | 50 | −40 | 94 | 58 | −2 | 78 | 106 | 237 | 136 | 195 | 207 | 26 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −148 | −132 | 40 | |
| Interest income | 285 | 275 | 269 | 243 | 240 | 221 | 208 | 212 | 206 | 240 | 212 | 205 |
| Interest expense | 207 | 205 | 195 | 176 | 168 | 141 | 125 | 133 | 121 | 118 | 110 | 109 |
| Other non-operating income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30 | 22 | 31 |
| Income before tax | 50 | −40 | 94 | 58 | −2 | 78 | 106 | 237 | 136 | 46 | 76 | 65 |
| Income tax expense | 11 | −10 | 23 | 15 | 0 | 15 | 25 | 60 | 36 | 8 | 20 | 20 |
| Net income from continuing operations | 40 | −30 | 71 | 44 | −2 | 63 | 81 | 178 | 101 | 39 | 56 | 45 |
| Net income | 44 | −9 | 73 | 45 | 2 | 63 | 83 | 181 | 107 | 58 | 71 | 67 |
| EPS, basic | $1.18 | −$0.22 | $1.98 | $1.23 | $0.07 | $1.73 | $2.26 | $4.97 | $2.94 | $1.57 | $1.97 | $1.85 |
| EPS, diluted | $1.18 | −$0.22 | $1.98 | $1.23 | $0.07 | $1.73 | $2.26 | $4.97 | $2.94 | $1.57 | $1.97 | $1.85 |
| Weighted average shares, basic | 37 | 37 | 37 | 37 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 |
| Weighted average shares, diluted | 37 | 37 | 37 | 37 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 |
| EBITDA | 85 | −23 | 128 | 94 | 34 | 105 | 129 | 267 | 152 | 174 | 194 | 4 |
| Depreciation & amortization | 35 | 17 | 34 | 36 | 36 | 27 | 23 | 29 | 16 | 9 | 9 | 10 |
| EBIT | 50 | −40 | 94 | 58 | −2 | 78 | 106 | 237 | 136 | 165 | 185 | −6 |
