About Nelnet, Inc.
https://nelnetinc.comNelnet, Inc. engages in loan servicing, communications, education technology, services, and payment processing businesses worldwide. 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.

CEO
Jeffrey R. Noordhoek
Compensation Summary
(Year 2024)
ETFs Holding This Stock
Summary
Showing Top 3 of 140
Ratings Snapshot
Rating : B+
Most Recent Analyst Grades
Grade Summary
Showing Top 1 of 1
Price Target
Institutional Ownership

DIMENSIONAL FUND ADVISORS LP
Shares:1.89M
Value:$256.4M

MAGNOLIA GROUP, LLC
Shares:1.67M
Value:$226.81M

VANGUARD GROUP INC
Shares:1.55M
Value:$210.11M
Summary
Showing Top 3 of 256
About Nelnet, Inc.
https://nelnetinc.comNelnet, Inc. engages in loan servicing, communications, education technology, services, and payment processing businesses worldwide. 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.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $494.63M ▼ | $241.04M ▲ | $106.68M ▼ | 21.57% ▼ | $2.94 ▼ | $152.3M ▼ |
| Q2-2025 | $612.75M ▲ | $224.6M ▲ | $181.46M ▲ | 29.61% ▲ | $4.97 ▲ | $266.65M ▲ |
| Q1-2025 | $466.1M ▲ | $219.51M ▲ | $82.56M ▲ | 17.71% ▲ | $2.26 ▲ | $129.26M ▲ |
| Q4-2024 | $434.19M ▼ | $192.52M ▼ | $63.16M ▲ | 14.55% ▲ | $1.73 ▲ | $104.95M ▲ |
| Q3-2024 | $434.76M | $250.55M | $2.39M | 0.55% | $0.07 | $34.18M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $1.37B ▲ | $13.88B ▲ | $10.29B ▲ | $3.65B ▲ |
| Q2-2025 | $1.31B ▲ | $13.71B ▼ | $10.23B ▼ | $3.57B ▲ |
| Q1-2025 | $1.26B ▲ | $14.19B ▲ | $10.83B ▲ | $3.42B ▲ |
| Q4-2024 | $1.18B ▲ | $13.78B ▼ | $10.48B ▼ | $3.35B ▲ |
| Q3-2024 | $1.15B | $14.08B | $10.87B | $3.29B |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $100.68M ▼ | $112.44M ▲ | $-190.78M ▼ | $43.41M ▲ | $-34.98M ▼ | $100.77M ▲ |
| Q2-2025 | $177.85M ▲ | $81.76M ▼ | $573.47M ▲ | $-685.89M ▼ | $-30.35M ▲ | $78.06M ▼ |
| Q1-2025 | $81.13M ▲ | $91.17M ▼ | $136.36M ▼ | $-326.44M ▲ | $-98.89M ▼ | $87.79M ▼ |
| Q4-2024 | $63.43M ▲ | $180.53M ▲ | $334.87M ▲ | $-482.76M ▼ | $32M ▲ | $197.91M ▲ |
| Q3-2024 | $-1.94M | $137.04M | $254.25M | $-435.96M | $-44.38M | $132.6M |
Revenue by Products
| Product | Q4-2024 | Q3-2025 | Q2-2025 | Q1-2025 |
|---|---|---|---|---|
Education Technology And Services | $0 ▲ | $40.00M ▲ | $40.00M ▲ | $60.00M ▲ |
Education Technology Services And Payment Processing Services | $0 ▲ | $130.00M ▲ | $120.00M ▼ | $150.00M ▲ |
FFELP Servicing | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
Loan Servicing And Systems Revenue | $250.00M ▲ | $150.00M ▼ | $120.00M ▼ | $120.00M ▲ |
Other Service Offering | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
Outsourced Services Revenue And Other | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
Payment Processing | $80.00M ▲ | $60.00M ▼ | $40.00M ▼ | $50.00M ▲ |
Private Education And Consumer Loan Servicing | $40.00M ▲ | $20.00M ▼ | $20.00M ▲ | $20.00M ▲ |
Software Services | $10.00M ▲ | $10.00M ▲ | $10.00M ▲ | $10.00M ▲ |
Tuition Payment Plan Services | $70.00M ▲ | $30.00M ▼ | $40.00M ▲ | $40.00M ▲ |

CEO
Jeffrey R. Noordhoek
Compensation Summary
(Year 2024)
ETFs Holding This Stock
Summary
Showing Top 3 of 140
Ratings Snapshot
Rating : B+
Most Recent Analyst Grades
Grade Summary
Showing Top 1 of 1
Price Target
Institutional Ownership

DIMENSIONAL FUND ADVISORS LP
Shares:1.89M
Value:$256.4M

MAGNOLIA GROUP, LLC
Shares:1.67M
Value:$226.81M

VANGUARD GROUP INC
Shares:1.55M
Value:$210.11M
Summary
Showing Top 3 of 256





