NNINelnet, Inc.

$5B

FY 2022 Earnings

Financial Services Financial - Credit Services

Income Statement

Revenue

$1.8B+28.1% YoY

Gross Profit

$1.4B74.4% margin

Operating Income

$502M27.6% margin

Net Income

$407M22.4% margin

EPS (Diluted)

$10.63

Cash Flow

Operating Cash Flow

$684M

Free Cash Flow

$625M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$19.4B

Total Liabilities

$16.2B

Stockholders' Equity

$3.2B

Cash & Equivalents

$118M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.8B	$1.4B	+28.1%
Gross Profit	$1.4B	$1.3B	+7.8%
Operating Income	$502M	$502M	-0.1%
Net Income	$407M	$393M	+3.5%

NNI FY 2022 Earnings — Nelnet, Inc. Revenue & Financial Results | Market Cap Arena