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Nelnet NNI Asset Generation and Management — Bonds and notes payable

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Other financials

Income statement

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Net income$71.1M-13.8%
EPS (diluted)$1.97-12.8%

Balance sheet

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Cash & equivalents$240.0M+8.8%
Total debt$7.7B-11.1%
Total equity$3.7B+9.1%
Total assets$14.2B-0.1%

Cash flow

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Operating cash flow$73.1M-19.8%
CapEx$11.6M+242%
Free cash flow$61.6M-29.9%

Valuation

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Market cap$4.68B+14.9%

Returns & leverage

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Return on equity11.7%+5.9pp
Debt / equity2.1×-0.5×

Where this comes from

Reported directly by Nelnet in its filing.

Tagged under the XBRL concept us-gaap:DebtAndCapitalLeaseObligations.

The official record: Nelnet’s 10-K, filed February 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Nelnet's asset generation and management — bonds and notes payable?
Nelnet (NNI) reported asset generation and management — bonds and notes payable of $5B in Q4 2025.
How has Nelnet's asset generation and management — bonds and notes payable changed year-over-year?
Nelnet's asset generation and management — bonds and notes payable decreased by 0.0% year-over-year, from $5B to $5B.
What does asset generation and management — bonds and notes payable mean?
The total debt obligations issued by the segment to fund its asset acquisition and operational activities. This metric indicates the segment's reliance on external financing and its leverage position within the capital structure.