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Nelnet Inc
NYSE:NNI

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Nelnet Inc Logo
Nelnet Inc
NYSE:NNI
Watchlist
Price: 95.9 USD 1.35% Market Closed
Updated: May 3, 2024

Income Statement

Earnings Waterfall
Nelnet Inc

Revenue
2.1B USD
Cost of Revenue
-1.1B USD
Gross Profit
1B USD
Operating Expenses
-823.6m USD
Operating Income
217.6m USD
Other Expenses
-128m USD
Net Income
89.6m USD

Income Statement
Nelnet Inc

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Income Statement
Currency: USD
Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023
Revenue
Revenue
1 098
N/A
1 207
+10%
1 073
-11%
1 136
+6%
1 151
+1%
1 168
+2%
1 176
+1%
1 131
-4%
1 175
+4%
1 153
-2%
1 094
-5%
1 149
+5%
1 227
+7%
1 212
-1%
1 240
+2%
1 216
-2%
1 197
-2%
1 349
+13%
1 507
+12%
1 644
+9%
1 702
+4%
1 710
+0%
1 703
0%
1 708
+0%
1 715
+0%
1 655
-4%
1 585
-4%
1 489
-6%
1 406
-6%
1 389
-1%
1 361
-2%
1 348
-1%
1 420
+5%
1 566
+10%
1 663
+6%
1 845
+11%
1 976
+7%
1 993
+1%
2 103
+6%
2 123
+1%
2 106
-1%
Gross Profit
Cost of Revenue
(231)
(233)
(244)
(260)
(273)
(285)
(288)
(294)
(302)
(323)
(346)
(367)
(439)
(412)
(432)
(458)
(524)
(568)
(639)
(718)
(746)
(811)
(832)
(831)
(800)
(745)
(644)
(531)
(433)
(327)
(293)
(285)
(285)
(314)
(347)
(440)
(599)
(770)
(949)
(1 032)
(1 065)
Gross Profit
867
N/A
975
+12%
830
-15%
876
+6%
878
+0%
884
+1%
888
+0%
837
-6%
872
+4%
831
-5%
748
-10%
783
+5%
787
+1%
800
+2%
808
+1%
758
-6%
673
-11%
781
+16%
868
+11%
926
+7%
956
+3%
900
-6%
872
-3%
877
+1%
915
+4%
910
-1%
941
+3%
959
+2%
973
+1%
1 061
+9%
1 068
+1%
1 063
0%
1 135
+7%
1 253
+10%
1 317
+5%
1 404
+7%
1 378
-2%
1 222
-11%
1 154
-6%
1 091
-6%
1 041
-5%
Operating Income
Operating Expenses
(401)
(501)
(394)
(402)
(408)
(427)
(438)
(444)
(452)
(440)
(427)
(406)
(389)
(397)
(406)
(419)
(446)
(482)
(546)
(612)
(666)
(709)
(712)
(724)
(728)
(788)
(793)
(764)
(793)
(708)
(643)
(645)
(633)
(661)
(719)
(762)
(861)
(920)
(927)
(913)
(824)
Selling, General & Administrative
(261)
(261)
(264)
(276)
(281)
(287)
(290)
(290)
(293)
(288)
(279)
(267)
(256)
(265)
(278)
(289)
(302)
(327)
(363)
(403)
(436)
(453)
(457)
(463)
(476)
(482)
(487)
(493)
(516)
(498)
(498)
(500)
(519)
(541)
(563)
(582)
(596)
(593)
(596)
(590)
(599)
Depreciation & Amortization
(18)
(19)
(20)
(21)
(21)
(22)
(23)
(25)
(26)
(28)
(30)
(32)
(34)
(35)
(36)
(37)
(40)
(50)
(62)
(75)
(87)
(93)
(96)
(100)
(105)
(109)
(113)
(116)
(119)
(111)
(102)
(88)
(74)
(71)
(69)
(72)
(74)
(74)
(74)
(77)
(79)
Other Operating Expenses
(122)
(222)
(111)
(106)
(106)
(117)
(125)
(129)
(132)
(124)
(119)
(107)
(99)
(98)
(92)
(93)
(105)
(106)
(121)
(135)
(143)
(163)
(159)
(161)
(146)
(197)
(192)
(155)
(159)
(99)
(44)
(58)
(41)
(50)
(87)
(109)
(190)
(253)
(257)
(246)
(145)
Operating Income
466
N/A
474
+2%
436
-8%
474
+9%
470
-1%
457
-3%
450
-2%
394
-12%
421
+7%
391
-7%
321
-18%
377
+17%
399
+6%
403
+1%
403
0%
340
-16%
227
-33%
299
+32%
322
+7%
313
-3%
290
-7%
191
-34%
160
-16%
153
-4%
187
+22%
122
-35%
149
+22%
195
+31%
179
-8%
353
+97%
425
+20%
418
-2%
502
+20%
592
+18%
598
+1%
642
+7%
517
-20%
302
-42%
227
-25%
177
-22%
218
+23%
Pre-Tax Income
Interest Income Expense
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(0)
4
6
6
3
52
40
37
35
(36)
(42)
10
5
4
10
10
(2)
(5)
(14)
(111)
Non-Reccuring Items
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(4)
(4)
0
(6)
(16)
(17)
(51)
(49)
(35)
234
270
271
260
(10)
(12)
(19)
(8)
(17)
0
0
(16)
(32)
Pre-Tax Income
466
N/A
474
+2%
436
-8%
474
+9%
470
-1%
457
-3%
450
-2%
394
-12%
421
+7%
391
-7%
321
-18%
377
+17%
399
+6%
403
+1%
403
0%
340
-16%
227
-33%
299
+32%
322
+7%
310
-4%
286
-7%
190
-34%
158
-17%
143
-9%
177
+24%
74
-58%
151
+104%
199
+32%
451
+126%
658
+46%
660
+0%
636
-4%
502
-21%
585
+17%
584
0%
644
+10%
510
-21%
300
-41%
221
-26%
147
-33%
74
-50%
Net Income
Tax Provision
(161)
(163)
(152)
(168)
(160)
(157)
(155)
(135)
(152)
(139)
(114)
(135)
(141)
(146)
(147)
(125)
(46)
(53)
(50)
(39)
(59)
(34)
(27)
(22)
(36)
(14)
(29)
(39)
(101)
(146)
(151)
(147)
(116)
(137)
(136)
(147)
(113)
(66)
(51)
(35)
(20)
Income from Continuing Operations
304
310
284
307
309
300
295
259
268
252
207
242
258
257
256
215
181
246
271
271
228
156
131
121
141
60
122
160
350
512
509
489
386
448
448
497
396
234
171
112
54
Income to Minority Interest
(2)
(2)
(2)
(2)
(2)
(1)
(1)
(0)
(0)
(0)
(0)
(0)
(1)
1
6
8
11
10
6
3
0
(0)
(0)
(0)
1
(0)
(0)
(0)
3
4
5
7
7
8
9
12
11
13
20
19
37
Net Income (Common)
300
N/A
306
+2%
280
-9%
302
+8%
305
+1%
296
-3%
291
-1%
255
-12%
265
+4%
249
-6%
204
-18%
239
+17%
254
+6%
256
+1%
259
+1%
221
-14%
171
-23%
235
+37%
255
+9%
252
-1%
225
-10%
154
-32%
129
-16%
120
-7%
140
+17%
59
-58%
120
+103%
158
+31%
348
+120%
509
+47%
506
-1%
488
-4%
387
-21%
448
+16%
449
+0%
500
+11%
400
-20%
242
-39%
187
-23%
128
-31%
90
-30%
EPS (Diluted)
6.45
N/A
6.57
+2%
5.96
-9%
6.49
+9%
6.55
+1%
6.42
-2%
6.43
+0%
5.67
-12%
5.82
+3%
5.76
-1%
4.77
-17%
5.61
+18%
5.95
+6%
6.05
+2%
6.1
+1%
5.31
-13%
4.1
-23%
5.8
+41%
6.23
+7%
6.22
0%
5.57
-10%
3.84
-31%
3.26
-15%
3.03
-7%
3.54
+17%
1.49
-58%
3.09
+107%
4.09
+32%
8.9
+118%
13.16
+48%
12.98
-1%
12.64
-3%
10.03
-21%
11.85
+18%
11.92
+1%
13.36
+12%
10.63
-20%
6.51
-39%
4.9
-25%
3.42
-30%
2.39
-30%

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