Nelnet annual revenue
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Nelnet Revenue Growth & History (NNI)
Nelnet reported $1.35B in revenue for fiscal 2025, an increase of 15.87% from the previous fiscal year.
View full Nelnet company overviewNelnet annual revenue and growth
| Fiscal year | Period ended | Revenue | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.35B | $185.0M | +15.87% |
| 2024 | 2024-12-31 | $1.17B | $197.6M | +20.41% |
| 2023 | 2023-12-31 | $968.4M | −$590.3M | −37.87% |
| 2022 | 2022-12-31 | $1.56B | $234.0M | +17.67% |
| 2021 | 2021-12-31 | $1.32B | −$75.3M | −5.38% |
| 2020 | 2020-12-31 | $1.40B | $319.4M | +29.56% |
| 2019 | 2019-12-31 | $1.08B | $5.4M | +0.50% |
| 2018 | 2018-12-31 | $1.08B | $290.9M | +37.09% |
| 2017 | 2017-12-31 | $784.3M | −$112.5M | −12.54% |
| 2016 | 2016-12-31 | $896.8M | — | — |
| 2014 | 2014-12-31 | $931.5M | $18.5M | +2.03% |
| 2013 | 2013-12-31 | $913.0M | $183.4M | +25.14% |
| 2012 | 2012-12-31 | $729.6M | −$21.1M | −2.81% |
| 2011 | 2011-12-31 | $750.7M | −$77.9M | −9.41% |
| 2010 | 2010-12-31 | $828.6M | $178.3M | +27.42% |
| 2009 | 2009-12-31 | $650.3M | — | — |
Nelnet quarterly revenue
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| Fiscal quarter | Period ended | Revenue | Change | YoY growth |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $366.3M | $61.5M | +20.16% |
| Q1 2026 | 2026-03-31 | $362.9M | — | — |
| Q4 2025 | 2025-12-31 | $333.3M | — | — |
| Q3 2025 | 2025-09-30 | $373.9M | — | — |
| Q2 2025 | 2025-06-30 | $304.9M | — | — |
| Q1 2023 | 2023-03-31 | $331.7M | −$149.9M | −31.13% |
| Q4 2022 | 2022-12-31 | $336.7M | −$57.8M | −14.64% |
| Q3 2022 | 2022-09-30 | $395.2M | $108.5M | +37.86% |
| Q2 2022 | 2022-06-30 | $345.2M | $42.1M | +13.91% |
| Q1 2022 | 2022-03-31 | $481.6M | $141.1M | +41.45% |
| Q4 2021 | 2021-12-31 | $394.5M | −$135.3M | −25.54% |
| Q3 2021 | 2021-09-30 | $286.7M | −$20.2M | −6.57% |
| Q2 2021 | 2021-06-30 | $303.1M | −$14.6M | −4.59% |
| Q1 2021 | 2021-03-31 | $340.4M | $94.7M | +38.56% |
| Q4 2020 | 2020-12-31 | $529.8M | $241.7M | +83.88% |
| Q3 2020 | 2020-09-30 | $306.8M | $21.2M | +7.44% |
| Q2 2020 | 2020-06-30 | $317.7M | $75.7M | +31.29% |
| Q1 2020 | 2020-03-31 | $245.7M | −$19.2M | −7.26% |
| Q4 2019 | 2019-12-31 | $288.1M | $69.5M | +31.77% |
| Q3 2019 | 2019-09-30 | $285.6M | $9.2M | +3.34% |
| Q2 2019 | 2019-06-30 | $242.0M | −$16.0M | −6.20% |
| Q1 2019 | 2019-03-31 | $264.9M | −$57.3M | −17.77% |
| Q4 2018 | 2018-12-31 | $218.7M | $25.7M | +13.33% |
| Q3 2018 | 2018-09-30 | $276.4M | $61.0M | +28.33% |
| Q2 2018 | 2018-06-30 | $258.0M | $87.0M | +50.89% |
| Q1 2018 | 2018-03-31 | $322.2M | $117.1M | +57.13% |
| Q4 2017 | 2017-12-31 | $192.9M | −$121.9M | −38.71% |
| Q3 2017 | 2017-09-30 | $215.3M | −$29.5M | −12.06% |
| Q2 2017 | 2017-06-30 | $171.0M | $20.3M | +13.50% |
| Q1 2017 | 2017-03-31 | $205.1M | $18.6M | +9.97% |
| Q4 2016 | 2016-12-31 | $314.8M | — | — |
| Q3 2016 | 2016-09-30 | $244.9M | $45.0M | +22.49% |
| Q2 2016 | 2016-06-30 | $150.6M | −$78.7M | −34.31% |
| Q1 2016 | 2016-03-31 | $186.5M | −$33.2M | −15.11% |
| Q3 2015 | 2015-09-30 | $199.9M | −$51.4M | −20.46% |
| Q2 2015 | 2015-06-30 | $229.3M | −$3.8M | −1.61% |
| Q1 2015 | 2015-03-31 | $219.7M | −$5.1M | −2.28% |
| Q4 2014 | 2014-12-31 | $222.4M | −$1.4M | −0.62% |
| Q3 2014 | 2014-09-30 | $251.3M | $45.2M | +21.95% |
| Q2 2014 | 2014-06-30 | $233.1M | −$31.5M | −11.89% |
| Q1 2014 | 2014-03-31 | $224.8M | $6.1M | +2.80% |
| Q4 2013 | 2013-12-31 | $223.8M | $18.3M | +8.88% |
| Q3 2013 | 2013-09-30 | $206.1M | $37.3M | +22.13% |
| Q2 2013 | 2013-06-30 | $264.5M | $92.9M | +54.12% |
| Q1 2013 | 2013-03-31 | $218.7M | $35.0M | +19.04% |
| Q4 2012 | 2012-12-31 | $205.5M | −$8.1M | −3.78% |
| Q3 2012 | 2012-09-30 | $168.8M | −$13.1M | −7.22% |
| Q2 2012 | 2012-06-30 | $171.6M | $7.6M | +4.62% |
| Q1 2012 | 2012-03-31 | $183.7M | −$7.5M | −3.92% |
| Q4 2011 | 2011-12-31 | $213.6M | — | — |
| Q3 2011 | 2011-09-30 | $181.9M | $16.7M | +10.11% |
| Q2 2011 | 2011-06-30 | $164.0M | −$30.4M | −15.62% |
| Q1 2011 | 2011-03-31 | $191.2M | — | — |
| Q3 2010 | 2010-09-30 | $165.2M | — | — |
| Q2 2010 | 2010-06-30 | $194.4M | — | — |
Nelnet revenue growth trends
Over the last five reported fiscal years, revenue declined from $1.40B to $1.35B, a compound annual decline of 0.71%. Nelnet's latest reported quarter, Q2 2026, generated $366.3M in revenue, an increase of 20.16% year over year.
About the data
What revenue means
Revenue is the top-line amount a company reports from selling goods and services before expenses are deducted. Fiscal periods can differ from calendar years, so each table includes the exact period end date.
Financial data
Standardized company financials
TickerStat standardizes company financial facts for consistent comparison. Derived growth rates use the displayed values and are not guidance or forecasts.
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