Nelnet, Inc. (NNI) quarterly cash flow statement — complete operating, investing & financing history
Nelnet, Inc. (NNI) cash flow statement — 24-year operating, investing & financing cash flows
| 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 from Operations | 77.89M | 73.11M | 137.62M | 112.44M | 81.76M | 91.17M | 180.53M | 137.04M | 133.4M | 211.56M | 79.69M | 154.24M | 76.13M | 122.84M | 27.19M | 173.16M | 208.37M | 275.35M | 155.17M | 150.68M |
| Operating CF Growth % | -4.73% | -19.8% | -23.77% | -17.95% | -38.71% | -56.91% | 126.56% | -11.15% | 75.22% | 72.22% | 193.1% | -10.93% | -63.46% | -55.39% | -82.48% | 14.92% | 49.95% | 465.89% | 290.08% | -45.92% |
| Net Income | 45.47M | 55.6M | 38.69M | 100.68M | 177.85M | 81.13M | 63.43M | -1.94M | 44.24M | 70.76M | -8.38M | 42.24M | 19.09M | 23.02M | 27.98M | 100.47M | 82.9M | 184.89M | 129.15M | 51.22M |
| Depreciation & Amortization | 21.77M | 21.16M | 22.36M | 15.86M | 29.28M | 23.12M | 26.5M | 36.4M | 15.14M | 33.96M | 22M | 35.09M | 59.36M | 34.21M | 62.59M | 39.58M | 37.74M | 36.34M | 18.67M | 36.9M |
| Deferred Taxes | -1.3M | -10.89M | 78.16M | 6.46M | -93.24M | 4.32M | 1.09M | -17.89M | -2.58M | -2.17M | -27.25M | -8.57M | -2.39M | -13.75M | -22.99M | 7.74M | 10.45M | 39.44M | 22.54M | 14.9M |
| Other Non-Cash Items | -17.73M | 28.91M | 30.64M | -23.3M | -177.21M | -2.07M | -10.38M | 35.51M | 16.27M | 7.77M | 51.5M | 18.03M | 7.66M | 30.41M | -59.23M | 73.81M | 59.89M | -6.06M | 19.49M | -18.23M |
| Working Capital Changes | 20.81M | -21.67M | -32.23M | 12.75M | 145.07M | -15.33M | 96.8M | 82.01M | 57.5M | 98.08M | 37.31M | 63.28M | -11.56M | 45.12M | 14.53M | -52.14M | 14.13M | 17.83M | -37.53M | 63.05M |
| Cash from Investing | -65.95M | 31.09M | -64.6M | -190.78M | 573.47M | 136.36M | 334.87M | 254.25M | 750.84M | 1.09B | 687.49M | 416.14M | 166.4M | 723.93M | 532.75M | 902.32M | 233.88M | 603.07M | 642.49M | 786.86M |
| Purchase of Investments | -6.99B | -242.84M | -478.92M | -263.77M | -183.21M | -219.1M | -408.66M | -209.14M | -239.89M | -252.87M | -248.43M | -262.27M | -126.61M | -312.88M | -155.66M | -254.82M | -669.4M | -213.14M | -308.68M | -196.73M |
| Sale/Maturity of Investments | 6.94B | 95.93M | 214.34M | 173.12M | 497.3M | 113.17M | 106.73M | 152.32M | 169.29M | 172.2M | 259.02M | 202.08M | 98.66M | 508.01M | 87.01M | 136.06M | 225.89M | 131.03M | 79.25M | 88.75M |
| Net Investment Activity | -59.35M | -146.91M | -264.58M | -90.65M | 314.09M | -105.92M | -301.93M | -56.81M | -70.6M | -80.67M | 10.6M | -60.19M | -27.94M | 195.13M | -68.65M | -118.76M | -443.51M | -82.11M | -229.44M | -107.99M |
| Acquisitions | -7.72M | 197.01M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 689.95M | 0 | 0 | 0 | 1.94M | -28.65M | 0 | 0 | 0 | 0 |
| Other Investing | 7.46M | -7.46M | 207.47M | -88.46M | 263.08M | 245.66M | 619.42M | 315.5M | 832.06M | 1.19B | 8.4M | 491.69M | 207.17M | 553.23M | 614.47M | 1.06B | 695.75M | 700.98M | 888.29M | 908.66M |
| Cash from Financing | 134.52M | -244.18M | 133.75M | 43.41M | -685.89M | -326.44M | -482.76M | -435.96M | -881.74M | -1.38B | -534.45M | -591.74M | -326.56M | -1.31B | -245.94M | -1.21B | -445.53M | -895.11M | -854.61M | -763.77M |
| Dividends Paid | -11.82M | -11.83M | -11.84M | -10.84M | -10.16M | -10.16M | -10.16M | -10.15M | -10.16M | -10.37M | -10.37M | -9.7M | -9.69M | -9.65M | -9.65M | -8.93M | -8.97M | -9.06M | -9.14M | -8.41M |
| Share Repurchases | -24.35M | -16.28M | -16.25M | -27.27M | -21.36M | -4.46M | -403K | -576K | -46.84M | -35.47M | -23.72M | -543K | -465K | -3.3M | -4.46M | -14.29M | -46.03M | -32.9M | -30.63M | -25.08M |
| Stock Issued | 573K | 379K | 490K | 472K | 579K | 341K | 522K | 457K | 593K | 374K | 465K | 425K | 495K | 395K | 427K | 405K | 366K | 435K | 357K | 419K |
| Net Stock Activity | -23.78M | -15.9M | -15.76M | -26.8M | -20.78M | -4.12M | 119K | -119K | -46.25M | -35.09M | -23.25M | -118K | 30K | -2.91M | -4.03M | -13.89M | -45.67M | -32.46M | -30.27M | -24.66M |
| Debt Issuance (Net) | -1000K | -1000K | 1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K |
| Other Financing | 827.86M | -134M | 12.81M | 145.09M | 115.66M | 35.05M | 215.41M | 216.84M | 199.96M | -78.98M | 81.47M | 47.26M | 84.04M | -83.16M | 183.66M | -97.19M | 240.12M | 51.17M | 179.83M | 51.77M |
| Net Change in Cash | 135.79M | -143.02M | 206.75M | -34.98M | -30.35M | -98.89M | 32M | -44.38M | 2.58M | -84.67M | 232.95M | -21.48M | -84.02M | -459.57M | 314.29M | -130.71M | -3.62M | -16.52M | -56.89M | 173.71M |
| Exchange Rate Effect | -10.68M | -3.05M | -15K | -48K | 312K | 26K | -640K | 290K | 76K | -163K | 222K | -122K | 7K | -91K | 287K | -268K | -348K | 169K | 54K | -67K |
| Cash at Beginning | 830.52M | 973.55M | 766.8M | 801.78M | 832.13M | 931.02M | 899.02M | 943.4M | 940.82M | 1.03B | 792.54M | 814.02M | 898.04M | 1.36B | 1.04B | 1.17B | 1.18B | 1.19B | 1.25B | 1.08B |
| Cash at End | 966.31M | 830.52M | 973.55M | 766.8M | 801.78M | 832.13M | 931.02M | 899.02M | 943.4M | 940.82M | 1.03B | 792.54M | 814.02M | 898.04M | 1.36B | 1.04B | 1.17B | 1.18B | 1.19B | 1.25B |
| Interest Paid | -2.95M | 109.45M | 111.61M | 116.54M | 124.87M | 119.24M | 140.22M | 155.3M | 170.16M | 185.78M | 195.82M | 198.8M | 196.89M | 189.79M | 154.38M | 107M | 55.39M | 33.9M | 34.84M | 38.43M |
| Income Taxes Paid | 1.36M | 1.27M | 18.42M | 23.56M | 25.57M | 1.31M | 1.8M | 1.51M | 11.14M | 791K | 2.15M | 1.93M | 42.55M | 961K | 20.24M | 16.33M | 20.67M | 466K | 7.74M | -3.31M |
| Free Cash Flow | 71.57M | 61.56M | 130.12M | 100.77M | 78.06M | 87.79M | 197.91M | 132.6M | 122.79M | 188.33M | 58.24M | 138.88M | 63.31M | 98.42M | 12.19M | 162.89M | 190.01M | 259.56M | 138.82M | 136.87M |
| FCF Growth % | -8.32% | -29.87% | -34.25% | -24% | -36.42% | -53.39% | 239.83% | -4.52% | 93.94% | 91.37% | 377.79% | -14.74% | -66.68% | -62.08% | -91.22% | 19.01% | 48.37% | 743.81% | 1837.15% | -44.12% |