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Nelnet revenue NNI

Sales by quarter and over the last twelve months, from 2010.

Last 12 months, to Jun 30, 2026
$1.2B
Latest quarter, Q2 FY26
$291.8M
+10% on a year earlier
Fiscal year 2025
$1.1B
+5% on the year before

Nelnet's revenue was $1.2B over the twelve months to Jun 30, 2026, up 6% on a year earlier.

In its latest quarter, Q2 FY26, it was $291.8M, up 10% on the same quarter a year before.

Over the five fiscal years to FY2025 it shrank 4% a year on average.

Revenue over time

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearRevenueChange
FY2025$1.1B+5%
FY2024$1.1B+7%
FY2023$1B−21%
FY2022$1.3B−3%
FY2021$1.3B−5%
FY2020$1.4B+30%
FY2019$1.1B−1%
FY2018$1.1B+39%
FY2017$784.3M−8%
FY2016$853.8M−5%
FY2015$900M−3%
FY2014$931.5M+2%
FY2013$913M+25%
FY2012$729.6M−3%
FY2011$750.7Mn/a

Each fiscal year is the twelve months to its fourth quarter.

Quarter by quarter

QuarterEndedRevenueOn a year earlierLast 12 months
Q2 FY26$291.8M+10%$1.2B
Q1 FY26$304.8M+3%$1.1B
Q4 FY25$265.8M−5%$1.1B
Q3 FY25$309.3M+18%$1.2B
Q2 FY25$266.3M+6%$1.1B
Q1 FY25$296.8M−0%$1.1B
Q4 FY24$278.8M+13%$1.1B
Q3 FY24$262.3M+6%$1.1B
Q2 FY24$250.5M+6%$1B
Q1 FY24$297.2M+6%$1B
Q4 FY23$246.9M−27%$1B
Q3 FY23$248M−1%$1.1B

Against its peers

Companies in Financial - Credit Services nearest Nelnet's size, closest first, today.

CompanyRevenue, 12 monthsGrowth
NNINelnet$1.2B+6% a year
SEZLSezzle$531.9M+43% a year
DAVEDave$643.7M+49% a year
PAYPaymentus$1.4B+30% a year
ENVAEnova International$3.7B+20% a year
BFHBread Financial$4B+4% a year
FIGRFigure Technology Solutions$708.9M+89% a year
RELYRemitly Global$1.8B+24% a year
AMTMAmentum$14.1B+11% a year
SLMSLM$1.8B−7% a year
TNETTrinet$4.9B−3% a year
Peer median$1.8B

Where Nelnet ranks

What the revenue tells you

Total sales in the period. On the company page, quarterly bars or the trailing twelve months (TTM), which smooths seasonality.

Growing revenue with shrinking margins is a warning, not a win.

More on Nelnet

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.