NNI FY 2024 Earnings — Nelnet, Inc. Revenue & Financial Results | Market Cap Arena

NNINelnet, Inc.

$5B

FY 2024 Earnings

Financial Services Financial - Credit Services

Income Statement

Revenue

$1.8B+1.8% YoY

Gross Profit

$1.1B60.2% margin

Operating Income

$229M12.4% margin

Net Income

$184M10.0% margin

EPS (Diluted)

$5.02

Cash Flow

Operating Cash Flow

$663M

Free Cash Flow

$642M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$13.8B

Total Liabilities

$10.5B

Stockholders' Equity

$3.3B

Cash & Equivalents

$195M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.8B	$1.8B	+1.8%
Gross Profit	$1.1B	$961M	+15.6%
Operating Income	$229M	$69M	+232.7%
Net Income	$184M	$90M	+104.9%