NELNET INC

NNI · XNYS

CIK 1258602fmd_0MH5151033S9THTFT4ZCVBEPW9Finance, Insurance and Real Estate · Personal Credit InstitutionsTemplate: Financials

Coverage: Jan 01, 2009 to Sep 30, 2026, 67 periods

Income Statement · Annual · Millions · USD
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total interest income	761	770	924	949	620	524	743	1,110	973	851
Total revenues	0	0	1,075	1,081	1,400	1,325	1,559	–	–	–
Net premiums earned	–	–	–	–	–	0	0	20	63	108
Net interest income	373	305	254	249	290	348	313	265	293	355
Cost of revenue	51	59	76	102	105	109	168	220	252	226
Provision for credit losses	14	14	23	39	63	(12)	35	8	54	67
Realized investment gains (losses)	3	3	0	8	56	92	51	(9)	12	61
Gross profit	(51)	(59)	999	979	1,295	1,216	1,390	–	–	–
Net interest income after provision	359	291	231	210	226	360	278	257	238	287
Non-interest income	524	479	821	831	1,110	977	1,246	–	–	–
Compensation and benefits	256	302	436	464	502	507	590	592	577	559
Total operating expenses	433	485	689	763	781	726	834	892	883	927
Operating income	(484)	(543)	309	216	514	490	556	–	–	–
Interest expense	388	465	670	699	330	176	430	845	681	497
Interest and investment income	9	13	27	34	25	41	92	178	186	165
Income before taxes	399	227	286	177	450	502	502	69	229	556
Income tax expense	141	65	59	35	101	116	113	19	53	128
Net income from continuing operations	258	162	228	141	350	386	389	49	176	428
Net income	257	173	228	142	352	393	407	90	184	428
Net income to common shareholders	–	–	–	142	352	393	407	90	184	428