About Nelnet
Nelnet is a company based in Lincoln (United States) founded in 1998. The company has 6,740 employees. Nelnet has completed 2 acquisitions, including Catholic Faith Technologies and Entab Infotech. Nelnet offers products and services including Loan Servicing, Payment Processing, and Government Technology. Nelnet operates in a competitive market with competitors including Navient, Eduvanz, ClimbCredit, College Ave and PRAVALER, among others.
- Headquarter Lincoln, United States
- Employees 6,740
- Stage Public
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website nelnetinc.com
- Social LinkedIn X Facebook Instagram
- Legal Name Nelnet, Inc.
- Annual Revenue$2.26 B (USD)6.64as on Dec 31, 2025
- Net Profit$420.68 M (USD)133.07as on Dec 31, 2025
- EBITDA$1.26 B (USD)12.91as on Dec 31, 2025
- Employee Count6,740
- Investments & AcquisitionsCatholic Faith Technologies
& 1 more
Products & Services of Nelnet
Nelnet offers a comprehensive portfolio of products and services, including Loan Servicing, Payment Processing, and Government Technology.
Manages student loan repayments and processing for borrowers.
Handles tuition and commerce payments securely.
Provides digital tools for government contract operations.
People of Nelnet
7 people are tracked at Nelnet (4 in leadership, 3 in team); the tracked headcount is 6,740.
| Name | Role | Group |
|---|---|---|
Jeffrey R Noordhoek | CEO | Leadership |
Jonathan Shank | Director I - Director Of Estimating | Leadership |
Chad Hartnett | Chief Financial Officer | Leadership |
Chad Riley | Director Of Innovation & Strategic Partnerships | Leadership |
Eric Moyer | Branch And Development Manager | Team |
Eric Connor | Associate Legal Counsel | Team |
Karen Rowe | Corporate Paralegal | Team |
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IPO & Listings of Nelnet
Nelnet is a publicly listed company on the NYSE with ticker symbol NNI in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date12 Dec 2003
- Listed onNYSE: NNI
- Listed entityNelnet, Inc.
- Exchange sectorFinance
- ISINUS64031N1081
- Share price$125.96 (+1.16% on the day) · 2026-10-08
- Market capitalisation$4.51B
- Price to earnings15.3
- EPS (diluted, trailing year)$8.21
- Dividend yield1.05%
- Volume (last session)152,897
Financials of Nelnet
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $2.26B | $420.7M | $1.26B |
| 2024 | $2.12B | $180.5M | $1.11B |
| 2023 | $2.07B | $87.9M | $1.04B |
| 2022 | $1.76B | $399.6M | $1.06B |
| 2021 | $1.43B | $386.9M | $762.7M |
Detailed financial statements for Nelnet
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Investments & Acquisitions by Nelnet
Nelnet has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Catholic Faith Technologies and Entab Infotech.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Cloud-based ERP software for school management is offered. | entab.in | Delhi, India | 2001 | Oct 2026 | •••• | |
Provides online courses and parish management for Catholic education. | catholicfaithtech.com | Overland Park, United States | 2008 | Jan 2021 | •••• |
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Timeline of Nelnet
4 dated milestones of Nelnet across 28 years, from founding to its latest funding, stage changes and deals.
- Founded Nelnet is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Catholic Faith Technologies.
- Acquisition Acquires Entab Infotech.
Competitors of Nelnet
Nelnet operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Navient, Eduvanz, ClimbCredit, College Ave and PRAVALER, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| navient.com | 2014 | Wilmington, United States | – | 4,500 | Student loans and federal servicing are provided by Navient. | |
| eduvanz.com | 2016 | Mumbai, India | $40.28M | 137 | Financial assistance is provided for education, career, and skills development. | |
| climbcredit.com | 2014 | New York, United States | $12.9M | 55 | Education loans are offered to students at partner schools. | |
| collegeavestudentloans.com | 2014 | Wilmington, United States | $50M | 87 | Student loans marketplace for undergraduate and graduate education is operated. | |
| pravaler.com.br | 2001 | Sao Paulo, Brazil | – | – | Education loans are facilitated via an online platform for students. | |
| auxilo.com | 2017 | Mumbai, India | $127.05M | 459 | Financial products for education loans and services are provided. | |
| cicil.co.id | 2016 | Jakarta, Indonesia | – | – | Student financing for eCommerce product purchases on installments is enabled. | |
| ascent.io | 2003 | Bristol, United Kingdom | – | 1 | Software development and cloud services are provided by Ascent. | |
| credible.com | 2014 | San Francisco, United States | $22M | – | Alternate lending for student loans and refinancing is provided. | |
| gyandhan.com | 2015 | Delhi, India | $7.78M | 267 | Education loan marketplace and study abroad support are provided. |
Detailed competitors of Nelnet
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Web traffic of Nelnet
The website of Nelnet (nelnetinc.com) receives about 30.2K visits a month.
- Monthly visits30.2K
▲ 17.3% vs previous month
Websites whose visitors overlap most with Nelnet. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| nelnet.com | 100% | – | #102,648 | View details | |
| indeed.com | 85% | 416.4M | #70 | View details | |
| pfnexus.com | 77% | 21.5K | #1,347,459 | View details | |
nelnet.net | nelnet.net | 54% | – | #15,672 | – |
mygreatlakes-loans.us | mygreatlakes-loans.us | 43% | – | – | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for Nelnet
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Latest news on Nelnet
Complete news archive for Nelnet
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Similar companies to Nelnet
10 companies that operate in the same segment as Nelnet (Alternative Lending), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
A peer-to-peer marketplace for business loans is operated and developed. | 2010 | London, England, United Kingdom | USD 372.67 M | USD 299.61 M | 726 | |
Diversified loans are provided via an AI-enabled online marketplace. | 2012 | Palo Alto, California, United States | USD 128.65 M | USD 1.04 B | 1,190 | |
Various consumer loans and financial services are offered online. | 2011 | San Francisco, California, United States | USD 3.04 B | USD 4.77 B | 5,000 | |
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | – | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 349.23 M | USD 106.45 M | 1,749 | |
Credit score checking and comparison platform for financial products | 2007 | San Francisco, California, United States | USD 869.77 M | – | – | |
Financial benefits platform for on-demand pay is provided to employees. | 2018 | London, England, United Kingdom | USD 133.02 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Digital lending and instant credit lines are provided to individuals. | 2016 | Gurugram, Haryana, India | USD 115 M | USD 18.69 M | 81 | |
Personal loans and lines of credit are provided by Mogo. | 2008 | Vancouver, British Columbia, Canada | – | USD 49.45 M | – |
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Frequently Asked Questions about Nelnet
Nelnet was founded in 1998.
Nelnet is headquartered in Lincoln, United States. It is registered at Lincoln, Nebraska, United States.
Jeffrey R Noordhoek is the current CEO of Nelnet.
Nelnet has 6,740 employees.
Annual revenue of Nelnet is $2.26B as on Dec 31, 2025.
Nelnet was founded in 1998 and is headquartered in Lincoln, United States. Student loan servicing forms the core of its operations within the education finance sector. Extensions into renewable energy, telecommunications, and K-12 education technology are maintained. Services are also extended to industries including financial, health care, nonprofit, and broader telecommunications, supporting various operational needs across these areas.
Nelnet offers Loan Servicing, Payment Processing, and Government Technology.
Yes, Nelnet is publicly traded on NYSE under the ticker symbol NNI.
Nelnet has made 2 acquisitions, including Catholic Faith Technologies, and Entab Infotech.