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Nelnet NNI Shares (Diluted)

Shares (Diluted) at other companies

SLM logo
SLMSLM
197.9M-8.0%
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44.9M-7.0%
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95M-5.9%
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Enova InternationalENVA
26.3M-1.4%
SoFi Technologies, Inc. logo
SoFi Technologies, Inc.SOFI
1.4B+14.3%
Apollo Global Management logo
Apollo Global ManagementAPO
594.9M+0.3%

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$4.85B+5.9%
Enterprise value$12.31B+0.4%
P/E11.6×-2.3×

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:WeightedAverageNumberOfDilutedSharesOutstanding.

The source filing: Nelnet’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 4:23 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001258602-26-000033
Line itemThree months ended / March 31, 2026Three months ended / March 31, 2025
Income before income taxes75,661106,140
Income tax expense(20,061)(25,010)
Net income55,60081,130
Net loss attributable to noncontrolling interests15,5261,430
Net income attributable to Nelnet, Inc.$71,12682,560
Earnings per common share:
Net income attributable to Nelnet, Inc. shareholders - basic and diluted$1.972.26
Weighted-average common shares outstanding - basic and diluted36,076,91236,478,426

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Nelnet's shares (diluted)?
Nelnet (NNI) reported shares (diluted) of 36.1M in Q1 2026.
How has Nelnet's shares (diluted) changed year-over-year?
Nelnet's shares (diluted) decreased by 1.1% year-over-year, from 36.5M to 36.1M.
What is the long-term trend for Nelnet's shares (diluted)?
Over 4 years (2021 to 2025), Nelnet's shares (diluted) has grown at a -1.5% compound annual growth rate (CAGR), from 154.5M to 145.6M.
What does shares (diluted) mean?
The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.

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