Nelnet, Inc. (NNI) quarterly balance sheet — complete assets, liabilities & equity history
Nelnet, Inc. (NNI) balance sheet — 24-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash & Short Term Investments | 1.56B | 118.66M | 973.55M | 1.37B | 1.31B | 1.26B | 1.18B | 1.15B | 1.03B | 1.16B | 1.11B | 1.25B | 1.17B | 1.26B | 1.51B | 1.44B | 1.42B | 1.1B | 1.06B | 969.66M |
| Cash & Due from Banks | 172.43M | 118.66M | 973.55M | 216.43M | 225.75M | 220.52M | 194.52M | 219.68M | 145.48M | 179.68M | 168.11M | 187.69M | 121.77M | 187.57M | 118.15M | 63.2M | 128.5M | 162.78M | 125.56M | 191.94M |
| Short Term Investments | 1.38B | 0 | 0 | 1.16B | 1.08B | 1.03B | 983.84M | 926.04M | 889.17M | 982.61M | 937.93M | 1.06B | 1.05B | 1.07B | 1.39B | 1.38B | 1.29B | 938.19M | 929.67M | 777.72M |
| Total Investments | 11.96B | 11.92B | 11.79B | 12.11B | 11.91B | 12.4B | 11.93B | 12.32B | 12.68B | 13.59B | 14.8B | 15.66B | 16.23B | 16.43B | 17.24B | 17.83B | 18.81B | 19.22B | 19.88B | 20.64B |
| Investments Growth % | 0.46% | -3.9% | -1.12% | -1.77% | -6.1% | -8.78% | -19.39% | -21.32% | -21.85% | -17.29% | -14.19% | -12.14% | -13.73% | -14.48% | -13.24% | -13.63% | -12.13% | -6.91% | -5.92% | 0.64% |
| Long-Term Investments | 10.58B | 11.92B | 11.79B | 10.95B | 10.83B | 11.36B | 10.94B | 11.4B | 11.79B | 12.61B | 13.86B | 14.6B | 15.18B | 15.36B | 15.86B | 16.45B | 17.51B | 18.28B | 18.95B | 19.86B |
| Accounts Receivables | 169.92M | 18.66B | 839.37M | 147.82M | 127.49M | 129.86M | 159.93M | 153.64M | 159.84M | 134.65M | 196.2M | 130.07M | 135.69M | 151.17M | 194.85M | 121.94M | 119.77M | 144.9M | 163.31M | 78.51M |
| Goodwill & Intangibles | 302.84M | 301.51M | 187.31M | 189.78M | 191.31M | 192.83M | 194.36M | 196.4M | 198.55M | 200.7M | 202.85M | 228.81M | 234.19M | 237.69M | 240.4M | 242.4M | 219.2M | 191.64M | 194.12M | 197.27M |
| Goodwill | 206.84M | 203.93M | 0 | 158.03M | 158.03M | 158.03M | 158.03M | 158.03M | 158.03M | 158.03M | 158.03M | 176.9M | 176.9M | 176.9M | 176.9M | 172.03M | 149.12M | 142.09M | 142.09M | 142.09M |
| Intangible Assets | 96M | 97.58M | 187.31M | 31.75M | 33.28M | 34.8M | 36.33M | 38.37M | 40.52M | 42.67M | 44.82M | 51.91M | 57.29M | 60.79M | 63.5M | 70.37M | 70.09M | 49.54M | 52.03M | 55.18M |
| PP&E (Net) | 80.73M | 84.61M | 85.21M | 93.17M | 85.04M | 89.58M | 95.19M | 124.58M | 131.67M | 149.25M | 127.01M | 126.7M | 130.45M | 132.63M | 122.53M | 127.09M | 123.74M | 120.78M | 119.41M | 117.3M |
| Other Assets | 751.78M | 276.3M | 111.48M | 1.09B | 1.12B | 1.1B | 1.17B | 1.04B | 1.16B | 1.09B | 1.17B | 833.22M | 903.89M | 909.39M | 1.42B | 1.15B | 1.19B | 1.15B | 1.2B | 1.18B |
| Total Current Assets | 2.56B | 1.6B | 1.81B | 1.55B | 1.49B | 1.45B | 1.37B | 1.33B | 1.22B | 1.35B | 1.36B | 1.43B | 1.36B | 1.44B | 1.73B | 1.6B | 1.58B | 1.25B | 1.22B | 1.05B |
| Total Non-Current Assets | 11.71B | 12.58B | 12.25B | 12.32B | 12.22B | 12.74B | 12.41B | 12.76B | 13.28B | 14.05B | 15.36B | 15.79B | 16.45B | 16.64B | 17.64B | 17.97B | 19.05B | 19.74B | 20.46B | 21.35B |
| Total Assets | 14.28B | 14.18B | 14.06B | 13.88B | 13.71B | 14.19B | 13.78B | 14.08B | 14.5B | 15.4B | 16.71B | 17.22B | 17.81B | 18.08B | 19.37B | 19.56B | 20.62B | 20.99B | 21.68B | 22.4B |
| Asset Growth % | 4.11% | -0.1% | 2.08% | -1.47% | -5.45% | -7.84% | -17.56% | -18.22% | -18.57% | -14.84% | -13.74% | -11.97% | -13.66% | -13.85% | -10.63% | -12.67% | -10.44% | -5.31% | -4.28% | 0.81% |
| Return on Assets (ROA) | 0.47% | 0.5% | 0.41% | 0.77% | 1.3% | 0.59% | 0.45% | 0.02% | 0.3% | 0.46% | -0.05% | 0.25% | 0.15% | 0.14% | 0.16% | 0.52% | 0.41% | 0.87% | 0.6% | 0.23% |
| Accounts Payable | 16.27M | 0 | 0 | 19.04M | 19.3M | 22.39M | 21.05M | 25.39M | 27.14M | 31.98M | 35.39M | 36.39M | 35.93M | 34.37M | 36.05M | 21.8M | 12.96M | 7.22M | 4.57M | 4.44M |
| Total Debt | 7.04B | 7.7B | 7.79B | 7.82B | 7.9B | 8.66B | 8.31B | 8.94B | 9.57B | 10.58B | 11.83B | 12.45B | 13.07B | 13.44B | 14.64B | 15.04B | 16.12B | 16.74B | 17.65B | 18.61B |
| Net Debt | 6.87B | 7.58B | 6.82B | 7.61B | 7.68B | 8.44B | 8.12B | 8.72B | 9.42B | 10.4B | 11.66B | 12.26B | 12.95B | 13.25B | 14.52B | 14.98B | 15.99B | 16.57B | 17.52B | 18.42B |
| Long-Term Debt | 5.82B | 7.7B | 7.79B | 6.66B | 7.28B | 7.77B | 7.37B | 7.85B | 8.49B | 9.36B | 10.2B | 10.56B | 11.05B | 11.96B | 12.94B | 14.2B | 15.52B | 16.25B | 17.03B | 18.29B |
| Short-Term Debt | 1.22B | 0 | 4.74M | 1.16B | 621.34M | 890.68M | 943.16M | 1.09B | 1.08B | 1.22B | 1.63B | 1.89B | 2.02B | 1.48B | 1.7B | 843.41M | 594.77M | 491.07M | 600.91M | 322.94M |
| Other Liabilities | 1.36B | 2.87B | 2.55B | 971.65M | 923.5M | 836.99M | 961.66M | 839.4M | 795.85M | 724.33M | 904.89M | 760.97M | 723.01M | 710.72M | 809.58M | 751.96M | 816.16M | 676.71M | 729.33M | 729.94M |
| Total Current Liabilities | 3.46B | 0 | 4.74M | 2.66B | 2.02B | 2.23B | 2.15B | 2.18B | 2B | 2.06B | 2.41B | 2.65B | 2.79B | 2.19B | 2.43B | 1.45B | 1.2B | 982.34M | 949.79M | 528.03M |
| Total Non-Current Liabilities | 7.18B | 10.57B | 10.48B | 7.63B | 8.21B | 8.6B | 8.33B | 8.69B | 9.28B | 10.08B | 11.1B | 11.32B | 11.77B | 12.67B | 13.75B | 14.95B | 16.34B | 16.92B | 17.78B | 19.02B |
| Total Liabilities | 10.64B | 10.57B | 10.49B | 10.29B | 10.23B | 10.83B | 10.48B | 10.87B | 11.28B | 12.14B | 13.51B | 13.96B | 14.56B | 14.86B | 16.17B | 16.4B | 17.53B | 17.9B | 18.73B | 19.55B |
| Total Equity | 3.64B | 3.61B | 3.58B | 3.59B | 3.48B | 3.36B | 3.3B | 3.21B | 3.22B | 3.26B | 3.2B | 3.26B | 3.25B | 3.22B | 3.2B | 3.17B | 3.09B | 3.09B | 2.95B | 2.86B |
| Equity Growth % | 4.39% | 7.23% | 8.43% | 11.73% | 8.16% | 3.23% | 3.09% | -1.5% | -0.85% | 1.07% | 0.01% | 2.93% | 5.06% | 4.48% | 8.37% | 10.83% | 9.28% | 12.22% | 12.35% | 18.9% |
| Equity / Assets (Capital Ratio) | 25.47% | 25.43% | 25.44% | 25.85% | 25.4% | 23.7% | 23.95% | 22.79% | 22.21% | 21.16% | 19.15% | 18.92% | 18.24% | 17.83% | 16.52% | 16.19% | 14.99% | 14.7% | 13.62% | 12.75% |
| Return on Equity (ROE) | 1.84% | 1.98% | 1.61% | 3.02% | 5.3% | 2.48% | 1.94% | 0.07% | 1.39% | 2.27% | -0.26% | 1.36% | 0.85% | 0.82% | 0.97% | 3.35% | 2.76% | 6.18% | 4.57% | 1.87% |
| Book Value per Share | 100.88 | 99.95 | 98.43 | 98.76 | 95.45 | 92.19 | 90.48 | 88.12 | 88.16 | 87.68 | 85.67 | 86.92 | 86.67 | 86.31 | 85.81 | 84.71 | 81.97 | 81.10 | 76.99 | 74.02 |
| Tangible BV per Share | 92.48 | 91.60 | 93.28 | 93.54 | 90.21 | 86.91 | 85.15 | 82.73 | 82.72 | 82.27 | 80.24 | 80.81 | 80.42 | 79.95 | 79.36 | 78.22 | 76.16 | 76.06 | 71.93 | 68.91 |
| Common Stock | 358K | 359K | 359K | 360K | 362K | 364K | 363K | 363K | 363K | 368K | 371K | 374K | 373K | 373K | 372K | 372K | 373K | 379K | 379K | 383K |
| Additional Paid-in Capital | 1.78M | 1.53M | 1.48M | 1.06M | 637K | 6.65M | 7.39M | 4.18M | 657K | 1.1M | 3.1M | 14.16M | 10.11M | 4.64M | 1.11M | 837K | 1.18M | 1.21M | 1M | 1.59M |
| Retained Earnings | 3.77B | 3.73B | 3.68B | 3.65B | 3.58B | 3.41B | 3.34B | 3.29B | 3.3B | 3.31B | 3.27B | 3.31B | 3.27B | 3.25B | 3.23B | 3.21B | 3.13B | 3.09B | 2.94B | 2.84B |
| Accumulated OCI | -1.85M | -3.53M | 2.62M | 3.5M | -2.21M | -429K | 1.47M | -1.43M | -2.26M | -8.48M | -20.12M | -25.44M | -21.46M | -27.01M | -37.37M | -28.64M | -31.86M | -5.5M | 9.3M | 13.48M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |