NNI Q4 2024 Earnings — Nelnet, Inc. Revenue & Financial Results | Market Cap Arena

NNINelnet, Inc.

$5B

Q4 2024 Earnings

Financial Services Financial - Credit Services

Income Statement

Revenue

$434M+1.1% YoY

Gross Profit

$271M62.4% margin

Operating Income

$78M18.1% margin

Net Income

$63M14.5% margin

EPS (Diluted)

$1.73

QoQ Revenue Growth

-0.1%

Cash Flow

Operating Cash Flow

$181M

Free Cash Flow

$198M

Stock-Based Comp.

$3M

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	$434M	$429M	+1.1%
Gross Profit	$271M	$213M	+27.1%
Operating Income	$78M	-$40M	+297.9%
Net Income	$63M	-$9M	+838.4%

Revenue Segments

Loan Servicing And Systems Revenue

$247M56%

Payment Processing

$75M17%

Tuition Payment Plan Services

$65M15%

Private Education And Consumer Loan Servicing

$38M9%

Software Services

$11M3%

Other Service Offering

$2M0%