Nelnet
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Nelnet's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 16% to $1,176,566,000. Profit margin reached 8%. Total operating expenses were $600,632,000.
Profit Margin
| 2014 | 878.22M | 307.61M | 35.03% |
|---|---|---|---|
| 2015 | 824.26M | 267.97M | 32.51% |
| 2016 | 803.33M | 256.75M | 31.96% |
| 2017 | 691.60M | 173.16M | 25.04% |
| 2018 | 998.34M | 227.91M | 22.83% |
| 2019 | 978.56M | 141.80M | 14.49% |
| 2020 | 1.06B | 352.44M | 33.22% |
| 2021 | 1.23B | 393.28M | 31.91% |
| 2022 | 1.40B | 407.34M | 28.97% |
| 2023 | 1.17B | 91.53M | 7.78% |
NNI Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 1.17B | 1.40B | 1.23B | 1.06B | 978.56M | 998.34M | 691.60M | 803.33M | 824.26M | 878.22M |
Cost of revenue | 591.53M | 589.57M | 507.13M | 501.83M | 463.50M | 436.17M | 301.88M | 255.92M | 247.91M | 228.07M |
Gross profit | 585.02M | 816.28M | 725.24M | 559.25M | 515.06M | 562.16M | 389.72M | 547.41M | 576.34M | 650.14M |
Operating exp. | ||||||||||
Research and development | 0 | 3.7M | 0 | 0 | 0 | 3.9M | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 600.63M | 834.43M | -723.27M | -607.78M | -801.31M | 1.45B | 1.02B | 886M | 782M | 735M |
Operating income | -342.24M | 950.70M | 509.10M | 453.30M | 177.25M | 956.58M | -27.18M | 398.81M | 420.64M | 469.51M |
Other income (expenses), net | 416.43M | -441.24M | -7.00M | 1.11B | -509K | -670.29M | 253.87M | 335.50M | -202.73M | -197.55M |
Income before tax | 74.18M | 509.46M | 502.10M | 450.48M | 176.74M | 286.29M | 226.68M | 398.81M | 420.64M | 469.51M |
Income tax expense | 19.75M | 113.22M | 115.82M | 100.86M | 35.45M | 58.77M | 64.86M | 141.31M | 152.38M | 160.23M |
Net income | 91.53M | 407.34M | 393.28M | 352.44M | 141.80M | 227.91M | 173.16M | 256.75M | 267.97M | 307.61M |
Earnings per share | ||||||||||
Basic EPS | 2.39 | 10.63 | 10.2 | 9.02 | 3.54 | 5.64 | 4.14 | 6.02 | 5.89 | 6.62 |
Diluted EPS | 2.39 | 10.63 | 10.2 | 9.02 | 3.54 | 5.57 | 4.14 | 6.02 | 5.89 | 6.62 |
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