Nelnet Inc Income Statement
Concept
Total Revenue
YoY
Cost of Goods Sold (COGS)
Gross Profit
Operating expenses
Selling, General & Administrative
Research & Development
Operating Income
Interest Expense
Income Before Tax
Tax Provision
Net Income
YoY
Total Expenses
Net Interest Income
EBITDA
Reconciled Depreciation
EBIT
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
2,131M
51.59%
299M
1,832M
823M
592M
0M
1,009M
845M
74M
35M
92M
-77.53%
1,187M
276M
1,088M
191M
1,009M
1,406M
14.08%
590M
816M
834M
590M
0M
951M
430M
509M
113M
407M
3.58%
834M
313M
1,025M
74M
951M
1,232M
16.14%
507M
725M
-723M
507M
0M
509M
176M
502M
116M
393M
11.59%
723M
348M
583M
132M
509M
1,061M
8.43%
502M
559M
-608M
502M
0M
453M
330M
450M
101M
352M
148.54%
608M
290M
572M
198M
453M
979M
-1.98%
464M
515M
-801M
464M
0M
177M
699M
177M
35M
142M
-37.78%
801M
249M
282M
193M
177M
998M
44.35%
436M
562M
1,459M
436M
0M
957M
670M
286M
59M
228M
31.62%
1,459M
254M
1,141M
185M
1,054M
692M
-13.91%
302M
390M
1,023M
302M
0M
-27M
465M
227M
65M
173M
-32.55%
798M
305M
841M
138M
801M
803M
-2.54%
256M
547M
886M
256M
0M
399M
388M
399M
141M
257M
-4.19%
697M
373M
909M
0M
875M
824M
-6.14%
248M
576M
782M
248M
0M
421M
302M
421M
152M
268M
-12.88%
717M
0M
846M
0M
820M
878M
3.56%
228M
650M
735M
228M
0M
470M
273M
470M
0M
308M
1.63%
681M
0M
849M
0M
741M
848M
30.23%
196M
652M
678M
196M
0M
466M
231M
466M
0M
303M
70.04%
625M
0M
774M
0M
695M
651M
-1.95%
193M
458M
724M
193M
0M
200M
269M
275M
0M
178M
-12.89%
626M
0M
659M
0M
543M
664M
-6.04%
178M
486M
657M
178M
0M
7M
228M
322M
0M
204M
8.09%
586M
0M
623M
0M
550M
707M
31.50%
357M
350M
726M
167M
0M
302M
233M
302M
0M
189M
35.87%
797M
0M
567M
0M
476M
538M
5.33%
125M
413M
779M
164M
0M
216M
385M
216M
0M
139M
385.40%
471M
0M
717M
0M
601M
510M
-9.95%
8M
502M
1,466M
183M
0M
45M
1,117M
45M
0M
29M
-19.10%
141M
0M
1,215M
0M
1,188M
567M
-0.92%
192M
375M
2,017M
243M
0M
57M
1,503M
57M
0M
35M
-48.02%
599M
0M
1,819M
0M
1,557M
572M
-6.73%
224M
348M
1,681M
246M
0M
107M
1,241M
107M
0M
68M
-62.37%
695M
0M
1,517M
0M
1,348M
613M
17.33%
140M
473M
895M
173M
0M
284M
620M
283M
0M
181M
21.41%
1,035M
0M
1,013M
0M
903M
523M
76.51%
230M
523M
-288M
134M
0M
234M
255M
234M
0M
149M
450.42%
288M
0M
586M
0M
489M
296M
-6.32%
227M
296M
-250M
124M
0M
46M
197M
46M
0M
27M
-44.16%
250M
0M
344M
0M
243M
316M
174.61%
208M
316M
-240M
107M
0M
76M
235M
76M
0M
49M
579.14%
240M
0M
405M
0M
311M
115M
77.51%
171M
115M
-4M
77M
0M
111M
0M
13M
0M
7M
58.12%
4M
0M
7M
0M
111M
65M
-
0M
65M
-1M
0M
0M
63M
0M
7M
0M
5M
58.12%
1M
0M
5M
0M
63M
Concept
Total Revenue
YoY
Cost of Goods Sold (COGS)
Gross Profit
Operating expenses
Selling, General & Administrative
Research & Development
Operating Income
Interest Expense
Income Before Tax
Tax Provision
Net Income
YoY
Total Expenses
Net Interest Income
EBITDA
Reconciled Depreciation
EBIT
4Q2023
3Q2023
2Q2023
1Q2023
4Q2022
3Q2022
2Q2022
1Q2022
4Q2021
3Q2021
2Q2021
1Q2021
4Q2020
3Q2020
2Q2020
1Q2020
4Q2019
3Q2019
2Q2019
1Q2019
4Q2018
3Q2018
2Q2018
1Q2018
4Q2017
3Q2017
2Q2017
1Q2017
4Q2016
3Q2016
2Q2016
1Q2016
4Q2015
3Q2015
2Q2015
1Q2015
4Q2014
3Q2014
2Q2014
1Q2014
4Q2013
3Q2013
2Q2013
1Q2013
4Q2012
3Q2012
2Q2012
1Q2012
4Q2011
3Q2011
2Q2011
1Q2011
4Q2010
3Q2010
2Q2010
1Q2010
4Q2009
3Q2009
2Q2009
1Q2009
4Q2008
3Q2008
2Q2008
1Q2008
4Q2007
3Q2007
2Q2007
1Q2007
4Q2006
3Q2006
2Q2006
1Q2006
4Q2005
3Q2005
2Q2005
1Q2005
4Q2004
3Q2004
2Q2004
1Q2004
4Q2003
3Q2003
2Q2003
1Q2003
4Q2002
4Q2001
501M
130.76%
85M
416M
214M
153M
0M
202M
205M
-40M
-10M
-8M
-127.22%
310M
70M
224M
17M
202M
283M
-18.31%
141M
142M
214M
141M
0M
-71M
207M
53M
11M
45M
-56.74%
356M
77M
285M
35M
250M
249M
-22.50%
145M
104M
209M
145M
0M
-70M
233M
30M
10M
28M
-66.80%
354M
51M
291M
59M
231M
276M
-38.19%
153M
123M
210M
153M
0M
217M
199M
31M
8M
26M
-85.81%
363M
67M
251M
34M
217M
217M
-41.35%
73M
144M
638M
152M
0M
85M
182M
33M
5M
31M
-76.81%
638M
81M
105M
-113M
85M
346M
27.01%
147M
199M
122M
147M
0M
279M
127M
127M
27M
105M
97.22%
122M
77M
298M
40M
279M
321M
13.75%
141M
179M
197M
141M
0M
204M
74M
108M
25M
85M
1.50%
197M
78M
222M
18M
204M
446M
41.34%
149M
297M
-136M
149M
0M
310M
48M
241M
56M
187M
51.01%
136M
77M
327M
36M
310M
370M
48.32%
-3M
373M
726M
144M
0M
220M
48M
168M
39M
133M
-43.54%
724M
76M
239M
19M
221M
273M
-1.06%
129M
144M
183M
129M
0M
-175M
50M
67M
16M
53M
-25.68%
311M
86M
156M
37M
119M
282M
-5.05%
119M
163M
172M
119M
0M
-157M
50M
109M
26M
84M
-3.02%
291M
84M
198M
38M
178M
316M
25.52%
116M
200M
173M
116M
0M
-159M
28M
158M
35M
124M
-404.94%
288M
101M
225M
38M
204M
249M
-5.42%
12M
237M
280M
137M
0M
178M
52M
302M
71M
235M
454.49%
292M
87M
209M
49M
178M
276M
9.70%
126M
150M
191M
126M
0M
-177M
58M
90M
19M
72M
115.29%
317M
81M
199M
50M
149M
297M
36.29%
119M
178M
295M
119M
0M
-153M
85M
108M
21M
86M
251.28%
305M
67M
244M
51M
193M
251M
6.42%
120M
132M
430M
120M
0M
-122M
134M
-50M
-10M
-41M
-197.45%
311M
55M
132M
49M
105M
264M
27.29%
-9M
264M
385M
125M
0M
221M
148M
51M
9M
42M
95.97%
376M
64M
250M
50M
221M
251M
0.57%
117M
135M
416M
117M
0M
-80M
172M
42M
9M
33M
-22.63%
319M
66M
263M
48M
215M
218M
-9.07%
111M
107M
398M
111M
0M
-46M
187M
31M
6M
25M
-50.20%
292M
60M
265M
47M
218M
236M
-21.69%
111M
125M
404M
111M
0M
-40M
192M
53M
11M
42M
-63.49%
290M
59M
292M
47M
245M
207M
20.10%
0M
207M
384M
114M
0M
224M
183M
17M
0M
22M
-55.04%
384M
0M
248M
48M
224M
250M
34.01%
114M
136M
400M
114M
0M
-60M
180M
57M
0M
43M
-7.29%
300M
0M
285M
48M
237M
240M
58.83%
111M
128M
366M
111M
0M
-58M
171M
63M
0M
49M
72.03%
287M
0M
280M
46M
234M
302M
65.90%
97M
205M
309M
97M
0M
-45M
136M
149M
0M
114M
127.73%
248M
0M
329M
43M
285M
173M
-33.85%
0M
172M
276M
81M
0M
40M
123M
40M
0M
48M
-51.09%
276M
0M
204M
38M
192M
186M
-20.00%
74M
112M
268M
74M
0M
69M
122M
69M
0M
46M
-45.07%
200M
0M
227M
33M
194M
151M
8.92%
75M
76M
244M
75M
0M
41M
113M
41M
0M
29M
9.89%
194M
0M
191M
32M
158M
182M
6.38%
72M
110M
235M
72M
0M
77M
107M
77M
0M
50M
4.31%
187M
0M
220M
34M
186M
261M
11.65%
0M
261M
269M
68M
0M
153M
107M
153M
0M
98M
17.99%
269M
0M
298M
39M
289M
233M
29.79%
64M
169M
209M
64M
0M
132M
96M
132M
0M
84M
72.19%
171M
0M
250M
22M
228M
138M
-34.28%
61M
78M
203M
61M
0M
41M
94M
41M
0M
26M
-63.12%
168M
0M
166M
31M
135M
171M
-14.65%
63M
108M
204M
63M
0M
72M
90M
72M
0M
48M
-25.95%
175M
0M
194M
31M
163M
234M
10.71%
-10M
234M
201M
65M
0M
131M
81M
131M
0M
83M
13.23%
191M
0M
244M
33M
237M
180M
-24.27%
63M
116M
201M
63M
0M
76M
77M
76M
0M
49M
-42.55%
184M
0M
184M
31M
177M
211M
-4.11%
59M
152M
191M
59M
0M
111M
73M
111M
0M
71M
-5.45%
175M
0M
214M
30M
184M
200M
-4.77%
61M
139M
189M
61M
0M
102M
72M
102M
0M
65M
-12.23%
176M
0M
204M
30M
174M
211M
0.54%
-11M
211M
190M
61M
0M
104M
72M
104M
0M
74M
4.38%
179M
0M
205M
30M
176M
237M
23.89%
61M
176M
191M
61M
0M
11M
72M
132M
0M
85M
35.63%
179M
0M
233M
29M
204M
220M
-11.29%
54M
166M
184M
54M
0M
119M
69M
119M
0M
75M
-25.93%
167M
0M
215M
27M
187M
210M
5.67%
52M
158M
170M
52M
0M
115M
60M
115M
0M
74M
8.38%
160M
0M
196M
22M
192M
210M
65.11%
-14M
210M
174M
52M
0M
109M
59M
109M
0M
71M
24.52%
160M
0M
188M
21M
167M
191M
13.43%
49M
143M
168M
49M
0M
93M
55M
93M
0M
63M
70.60%
156M
0M
168M
19M
149M
248M
44.34%
47M
200M
166M
47M
0M
157M
58M
157M
0M
101M
144.58%
150M
0M
233M
19M
214M
199M
8.34%
48M
151M
170M
48M
0M
107M
58M
107M
0M
68M
57.81%
155M
0M
185M
20M
181M
127M
0.07%
-78M
127M
178M
14M
0M
18M
65M
93M
0M
57M
-12.71%
100M
0M
221M
63M
158M
169M
-7.22%
46M
122M
176M
67M
0M
59M
66M
59M
0M
37M
-22.39%
151M
0M
143M
18M
135M
172M
4.62%
49M
123M
183M
69M
0M
56M
67M
56M
0M
41M
11.50%
157M
0M
142M
18M
124M
184M
-3.92%
49M
135M
186M
71M
0M
67M
69M
67M
0M
43M
-21.39%
160M
0M
153M
18M
145M
127M
-16.23%
-87M
127M
174M
22M
0M
-218M
64M
104M
0M
65M
-23.75%
87M
0M
186M
18M
168M
182M
10.11%
44M
138M
171M
68M
0M
72M
61M
72M
0M
47M
-12,994.29%
149M
0M
151M
19M
133M
164M
-15.62%
43M
121M
157M
65M
0M
58M
51M
58M
0M
37M
-25.74%
143M
0M
126M
17M
109M
191M
-2.26%
44M
147M
156M
67M
0M
88M
52M
88M
0M
55M
1.03%
144M
0M
159M
19M
152M
152M
43.22%
357M
-205M
165M
37M
0M
136M
55M
136M
0M
85M
44.06%
797M
0M
191M
0M
171M
165M
-3.43%
45M
120M
229M
69M
0M
-1M
68M
-1M
0M
0M
-100.79%
160M
0M
89M
22M
68M
194M
62.72%
45M
150M
174M
69M
0M
80M
59M
80M
0M
50M
509.45%
108M
0M
163M
23M
139M
196M
38.61%
45M
150M
158M
46M
0M
87M
51M
87M
0M
54M
113.40%
104M
0M
165M
27M
138M
106M
-35.22%
125M
-19M
162M
33M
0M
90M
56M
90M
0M
59M
90.54%
471M
0M
174M
28M
146M
171M
15.26%
43M
128M
173M
42M
0M
71M
76M
71M
0M
46M
95.10%
93M
0M
177M
30M
147M
119M
-27.96%
46M
74M
211M
45M
0M
14M
106M
14M
0M
8M
-81.23%
97M
0M
148M
28M
120M
141M
332.36%
44M
98M
247M
44M
0M
41M
147M
41M
0M
25M
-136.46%
93M
0M
218M
30M
188M
163M
60.87%
106M
163M
345M
41M
0M
46M
256M
46M
0M
31M
43.61%
345M
0M
316M
34M
309M
148M
-9.79%
49M
99M
345M
45M
0M
38M
234M
38M
0M
24M
-251.60%
104M
0M
305M
34M
272M
166M
5.38%
48M
117M
336M
44M
0M
62M
232M
62M
0M
44M
196.22%
98M
0M
331M
35M
295M
33M
-80.85%
60M
-27M
440M
54M
0M
-101M
325M
-101M
0M
-70M
-572.43%
129M
0M
263M
39M
224M
102M
16.83%
-54M
102M
515M
61M
0M
31M
390M
31M
0M
22M
-395.27%
461M
0M
459M
38M
421M
165M
73.02%
107M
165M
536M
61M
0M
-27M
394M
-27M
0M
-16M
-29.82%
536M
0M
441M
73M
368M
157M
-16.76%
113M
157M
491M
60M
0M
34M
368M
34M
0M
15M
-67.75%
491M
0M
476M
80M
396M
170M
-15.14%
113M
170M
474M
70M
0M
374M
350M
24M
0M
15M
-71.61%
474M
0M
445M
71M
374M
87M
-47.57%
-61M
87M
450M
61M
0M
-13M
348M
-13M
0M
-7M
-117.13%
389M
0M
398M
63M
334M
95M
-50.93%
106M
95M
450M
65M
0M
-35M
334M
-35M
0M
-22M
-130.99%
450M
0M
337M
39M
298M
189M
45.61%
94M
189M
404M
62M
0M
73M
301M
73M
0M
46M
-2,680.54%
404M
0M
407M
33M
373M
201M
10.90%
87M
201M
377M
58M
0M
83M
259M
83M
0M
52M
-23.53%
377M
0M
376M
34M
342M
166M
-8.83%
140M
26M
267M
49M
0M
66M
222M
66M
0M
43M
-9.52%
276M
0M
324M
36M
288M
194M
194.74%
75M
194M
241M
44M
0M
273M
160M
113M
0M
72M
844.51%
241M
0M
301M
28M
273M
130M
-36.39%
71M
130M
209M
40M
0M
-4M
133M
-4M
0M
-2M
-102.08%
209M
0M
153M
23M
130M
181M
155.56%
69M
181M
178M
39M
0M
108M
105M
108M
0M
68M
646.49%
178M
0M
234M
22M
212M
182M
47.82%
57M
182M
-108M
32M
0M
74M
85M
74M
0M
47M
196.23%
108M
0M
182M
24M
158M
66M
-45.18%
47M
66M
15M
25M
0M
80M
69M
12M
0M
8M
36.62%
15M
0M
106M
26M
80M
204M
60.87%
65M
204M
-70M
49M
0M
134M
52M
134M
0M
85M
1,425.10%
70M
0M
208M
21M
187M
71M
-42.88%
52M
71M
-56M
28M
0M
15M
49M
15M
0M
9M
63.17%
56M
0M
89M
26M
64M
123M
-77.69%
55M
266M
16M
0M
0M
16M
46M
16M
0M
16M
-67.19%
16M
0M
16M
0M
0M
120M
-72.50%
61M
0M
6M
0M
0M
6M
47M
1M
0M
6M
-21.79%
6M
0M
6M
0M
0M
127M
-
54M
0M
6M
0M
0M
6M
53M
14M
0M
6M
-21.79%
6M
0M
6M
0M
0M
124M
-
52M
0M
6M
0M
0M
6M
51M
15M
0M
6M
-21.79%
6M
0M
6M
0M
0M
552M
-
208M
344M
0M
0M
0M
311M
235M
76M
0M
49M
-21.79%
0M
0M
0M
0M
0M
436M
-
171M
265M
0M
0M
0M
237M
221M
13M
0M
7M
-21.79%
0M
0M
0M
0M
0M