Inferra AI / Company / NNI
Nelnet Inc.
NNI · Financials
Last earnings Aug 6, 2026
Key results
GAAP net incomequarter
$181.5 million
, August 6, 2025 - Nelnet (NYSE NNI) today reported GAAP net income of $181.5 million, or $4.97 per share, for the second quarter of 2025, compared with GAAP net income of $45.1 million, or $1.23 per share, for the same period a year ago.
SEC original ↗Nelnet Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025
Net incomequarter
$20.8 million
AGM recognized net income after tax of $20.8 million for the three months ended June 30, 2025, compared with $18.5 million for the same period in 2024.
SEC original ↗Nelnet Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025
Systems revenuequarter
$120.7 million
Loan Servicing and Systems Revenue from the Loan Servicing and Systems segment was $120.7 million for the second quarter of 2025, compared with $109.1 million for the same period in 2024.
SEC original ↗Nelnet Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025
The Loan Servicing and Systems segment reported net income after tax of $15.2 million for the three months ended June 30, 2025, compared with $1.7 million for the same period in 2024.
SEC original ↗Nelnet Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025
Revenuequarter
$118.2 million
Education Technology Services and Payments For the second quarter of 2025, revenue from the Education Technology Services and Payments operating segment was $118.2 million, an increase from $116.9 million for the same period in 2024.
SEC original ↗Nelnet Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025
Revenue less direct costs to provide services for the second quarter of 2025 was $78.3 million, compared with $76.7 million for the same period in 2024.
SEC original ↗Nelnet Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025
Net income after tax for the Education Technology Services and Payments segment was $17.9 million for the three months ended June 30, 2025, compared with $19.5 million for the same period in 2024.
SEC original ↗Nelnet Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025
EPSquarter
$ 181,459
$ 181,459 82,560 45,091 264,018 118,498 Earnings per common share Net income attributable to Nelnet, Inc.
SEC original ↗Nelnet Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025
AI analysis
Q2 2025 · reported Aug 6, 2025
Based on: Earnings release + Q2 2025 deck + parent 8-K + 10-Q — transcript not held
Headline figures
| Metric | Q2 2025 | Prior qtr | Year ago |
|---|---|---|---|
| GAAP net income | $181.5 million | — | $18.5 million |
| Net income | $20.8 million | — | $18.5 million |
| Systems revenue | $120.7 million | — | $109.1 million |
| Revenue | $118.2 million | — | — |
| EPS | $ 181,459 | — | — |
Guidance · company-stated
No guidance located in the held release
Capital allocation
Share Repurchases During the first six months of 2025, the company has repurchased 222,045 Class A common shares for $25.8 million (average price of $116.28 per share), including a total of 183,554 Class A common shares for $21.4 million (average price of $116.37 per share) during the second quarter.
Event summary
Nelnet Inc. Q2 2025
Based on: Earnings release + Q2 2025 deck + parent 8-K + 10-Q — transcript not held
Guidance & outlook
No guidance located in the held release
Capital allocation
Share Repurchases During the first six months of 2025, the company has repurchased 222,045 Class A common shares for $25.8 million (average price of $116.28 per share), including a total of 183,554 Class A common shares for $21.4 million (average price of $116.37 per share) during the second quarter.
SEC original ↗Nelnet Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025
Board of Directors Declares Third Quarter Dividend The Nelnet Board of Directors declared a third-quarter cash dividend on the company's outstanding shares of Class A common stock and Class B common stock of $0.30 per share.
SEC original ↗Nelnet Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025
The dividend will be paid on September 16, 2025, to shareholders of record at the close of business on September 2, 2025.
SEC original ↗Nelnet Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025
Securities and Exchange Commission (SEC)-registered investment advisor subsidiary, property and casualty reinsurance activities, investment activities in real estate, and investment debt securities (primarily student loan and other asset-backed securities) and interest expense incurred on debt used to finance such investments.
SEC original ↗Nelnet Inc. — Presentation / slide deck (8-K exhibit)EX-99Aug 6, 2025
Corporate also includes interest income earned on cash balances held at the corporate level and interest expense incurred on unsecured corporate related debt transactions, certain investment activities including its investment in ALLO, early-stage and emerging growth companies (venture capital investments), solar tax equity investments, the operating results of the Company's solar engineering, procurement, and construction business, and certain shared service activities that are allocated to each operating segment based on estimated use of such activities and services.
SEC original ↗Nelnet Inc. — Presentation / slide deck (8-K exhibit)EX-99Aug 6, 2025
An increase in net loan interest income of $10.1 million and $26.6 million for the three and six months ended June 30, 2025 compared with the same periods in 2024 due to an increase in loan spread driven by an increase in loans funded with operating cash (versus funded with debt), partially offset by a decrease in the average balance of loans.
SEC original ↗Nelnet Inc. — Presentation / slide deck (8-K exhibit)EX-99Aug 6, 2025
Strategy & priorities
As we look ahead, we remain focused on delivering superior customer experiences and investing in our key areas loan servicing, consumer lending, payments, and technology, with a particular emphasis on education.
SEC original ↗Nelnet Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025
The increase in operating margin in 2025 compared with 2024 was due to an increase in revenue and a decrease in expenses obtained from strategic cost management activities including efficiencies achieved with technology and automation.
SEC original ↗Nelnet Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025
Nelnet Bank operates as an internet industrial bank franchise focused on the private education and unsecured consumer loan markets, with a home office in Salt Lake City, Utah.
SEC original ↗Nelnet Inc. — Presentation / slide deck (8-K exhibit)EX-99Aug 6, 2025
The Company maintains an overall risk management strategy that incorporates the use of derivative instruments to reduce the economic effect of interest rate volatility.
SEC original ↗Nelnet Inc. — Presentation / slide deck (8-K exhibit)EX-99Aug 6, 2025
Risks & headwinds
These statements are based on management's current expectations as of the date of this release and are subject to known and unknown risks, uncertainties, assumptions, and other factors that may cause the actual results and performance to be materially different from any future results or performance expressed or implied by such forward-looking statements.
SEC original ↗Nelnet Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025
For more information, see the Risk Factors sections and other cautionary discussions of risks and uncertainties included in documents filed or furnished by the company with the Securities and Exchange Commission.
SEC original ↗Nelnet Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025
These statements are subject to known and unknown risks, uncertainties, assumptions, and other factors that may cause the actual results and performance to be materially different from any future results or performance expressed or implied by such forward-looking statements.
SEC original ↗Nelnet Inc. — Presentation / slide deck (8-K exhibit)EX-99Aug 6, 2025
In addition, uncertain economic conditions and legislation activity have impacted new construction projects being initiated which has adversely impacted and will continue to adversely impact revenue.
SEC original ↗Nelnet Inc. — Presentation / slide deck (8-K exhibit)EX-99Aug 6, 2025
Legal Proceedings 69 Item 1a.
SEC original ↗Nelnet Inc. — 10-Q Quarterly report10-QAug 6, 2026
Delinquencies have the potential to adversely impact the Company s earnings through increased servicing and collection costs and account charge-offs.
SEC original ↗Nelnet Inc. — 10-Q Quarterly report10-QAug 6, 2026
Earnings deck slides
0 decks with slide viewNelnet Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Nelnet Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Nelnet Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Nelnet Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
30 documents- Q2 2026
- 8-KNNI
Sep 16, 2026
- 8-KNNI
Aug 6, 2026
- 10-QNNI
Aug 6, 2026
- 8-KNNI
Jul 30, 2026
- Q1 2026
- 8-KNNI
May 18, 2026
- 8-KNNI
May 7, 2026
- 10-QNNI
May 7, 2026
- 8-KNNI
Apr 30, 2026
- 8-KNNI
Apr 2, 2026
- Q4 2025
- 8-KNNI
Mar 23, 2026
- 8-KNNI
Feb 26, 2026
- 10-KNNI
Feb 26, 2026
- 8-KNNI
Feb 2, 2026
- 8-KNNI
Jan 30, 2026
- 8-KNNI
Jan 15, 2026
- Q3 2025
- 8-KNNI
Nov 6, 2025
- 10-QNNI
Nov 6, 2025
- 8-KNNI
Oct 30, 2025
- 8-KNNI
Oct 23, 2025
- Q2 2025
- 8-KNNI
Aug 18, 2025
- 8-KNNI
Aug 6, 2025
- 10-QNNI
Aug 6, 2025
- 8-KNNI
Jul 30, 2025
- Q1 2025
- 8-KNNI
Jun 4, 2025
- 8-KNNI
May 20, 2025
- 8-KNNI
May 8, 2025
- 10-QNNI
May 8, 2025
- 8-KNNI
Apr 30, 2025
- 8-KNNI
Apr 21, 2025
- Q4 2024
- 10-KNNI
Feb 27, 2025
Earnings releases
8 documentsPresentations
4 documents
Transcripts
0 documentsNo transcripts for Nelnet Inc. are held in this edition of the library.
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