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Side-by-side financial comparison of Cosmos Health Inc. (COSM) and NELNET INC (NNI). Click either name above to swap in a different company.

NELNET INC is the larger business by last-quarter revenue ($33.5M vs $19.7M, roughly 1.7× Cosmos Health Inc.). NELNET INC runs the higher net margin — 172.3% vs -51.5%, a 223.7% gap on every dollar of revenue. On growth, NELNET INC posted the faster year-over-year revenue change (79.6% vs 38.5%). NELNET INC produced more free cash flow last quarter ($396.7M vs $-4.6M). Over the past eight quarters, NELNET INC's revenue compounded faster (62.0% CAGR vs 16.2%).

AgniKul Cosmos Private Limited is a private Indian aerospace manufacturer and commercial launch service provider based in National Centre for Combustion Research and Development (NCCRD) of IIT Madras, Chennai. The start up aims to develop and launch its own small-lift launch vehicle such as the Agnibaan, capable of placing 100 kg (220 lb) payload into a 700 km (430 mi) orbit.

Nelnet, Inc. is a United States–based conglomerate that primarily focuses on financial services including student and consumer loan origination and servicing. Additionally, the company operates an investing arm, an internet bank and has a 26% stake in Allo Fiber, a cable and internet provider. The company is headquartered in Lincoln, Nebraska.

COSM vs NNI — Head-to-Head

Bigger by revenue
NNI
NNI
1.7× larger
NNI
$33.5M
$19.7M
COSM
Growing faster (revenue YoY)
NNI
NNI
+41.1% gap
NNI
79.6%
38.5%
COSM
Higher net margin
NNI
NNI
223.7% more per $
NNI
172.3%
-51.5%
COSM
More free cash flow
NNI
NNI
$401.4M more FCF
NNI
$396.7M
$-4.6M
COSM
Faster 2-yr revenue CAGR
NNI
NNI
Annualised
NNI
62.0%
16.2%
COSM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
COSM
COSM
NNI
NNI
Revenue
$19.7M
$33.5M
Net Profit
$-10.1M
$57.8M
Gross Margin
10.6%
50.5%
Operating Margin
-57.9%
Net Margin
-51.5%
172.3%
Revenue YoY
38.5%
79.6%
Net Profit YoY
-203.0%
-8.5%
EPS (diluted)
$-0.33
$1.62

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
COSM
COSM
NNI
NNI
Q4 25
$19.7M
$33.5M
Q3 25
$17.1M
$23.2M
Q2 25
$14.7M
$26.1M
Q1 25
$13.7M
$24.7M
Q4 24
$14.2M
$18.7M
Q3 24
$12.4M
$16.6M
Q2 24
$13.2M
$14.9M
Q1 24
$14.6M
$12.8M
Net Profit
COSM
COSM
NNI
NNI
Q4 25
$-10.1M
$57.8M
Q3 25
$-5.4M
$106.7M
Q2 25
$-2.8M
$181.5M
Q1 25
$-818.1K
$82.6M
Q4 24
$-3.3M
$63.2M
Q3 24
$-8.4M
$2.4M
Q2 24
$-2.6M
$45.1M
Q1 24
$-1.9M
$73.4M
Gross Margin
COSM
COSM
NNI
NNI
Q4 25
10.6%
50.5%
Q3 25
15.2%
29.6%
Q2 25
7.9%
29.8%
Q1 25
14.9%
30.5%
Q4 24
7.1%
13.7%
Q3 24
9.7%
0.1%
Q2 24
5.8%
27.3%
Q1 24
9.1%
15.3%
Operating Margin
COSM
COSM
NNI
NNI
Q4 25
-57.9%
Q3 25
-10.6%
Q2 25
-17.9%
Q1 25
-6.1%
Q4 24
-63.0%
97.7%
Q3 24
-18.0%
-13.4%
Q2 24
-18.9%
88.0%
Q1 24
-12.6%
Net Margin
COSM
COSM
NNI
NNI
Q4 25
-51.5%
172.3%
Q3 25
-31.3%
460.5%
Q2 25
-19.2%
694.9%
Q1 25
-6.0%
334.4%
Q4 24
-23.5%
338.2%
Q3 24
-67.5%
14.4%
Q2 24
-19.6%
303.6%
Q1 24
-12.8%
574.4%
EPS (diluted)
COSM
COSM
NNI
NNI
Q4 25
$-0.33
$1.62
Q3 25
$-0.17
$2.94
Q2 25
$-0.10
$4.97
Q1 25
$-0.03
$2.26
Q4 24
$-0.46
$1.74
Q3 24
$-0.45
$0.07
Q2 24
$-0.15
$1.23
Q1 24
$-0.11
$1.98

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
COSM
COSM
NNI
NNI
Cash + ST InvestmentsLiquidity on hand
$761.8K
$296.0M
Total DebtLower is stronger
$3.8M
$7.8B
Stockholders' EquityBook value
$18.4M
$3.7B
Total Assets
$65.5M
$14.1B
Debt / EquityLower = less leverage
0.20×
2.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
COSM
COSM
NNI
NNI
Q4 25
$761.8K
$296.0M
Q3 25
$922.6K
$216.4M
Q2 25
$30.3K
$225.8M
Q1 25
$25.3K
$220.5M
Q4 24
$336.3K
$194.5M
Q3 24
$22.8K
$219.7M
Q2 24
$21.5K
$145.5M
Q1 24
$21.3K
$179.7M
Total Debt
COSM
COSM
NNI
NNI
Q4 25
$3.8M
$7.8B
Q3 25
$5.4M
$7.8B
Q2 25
$5.2M
$7.9B
Q1 25
$4.9M
$8.7B
Q4 24
$4.1M
$8.3B
Q3 24
$4.3M
$8.9B
Q2 24
$3.9M
$9.6B
Q1 24
$4.1M
$10.6B
Stockholders' Equity
COSM
COSM
NNI
NNI
Q4 25
$18.4M
$3.7B
Q3 25
$23.1M
$3.7B
Q2 25
$26.2M
$3.6B
Q1 25
$26.0M
$3.4B
Q4 24
$24.5M
$3.3B
Q3 24
$35.0M
$3.3B
Q2 24
$32.1M
$3.3B
Q1 24
$34.5M
$3.3B
Total Assets
COSM
COSM
NNI
NNI
Q4 25
$65.5M
$14.1B
Q3 25
$69.5M
$13.9B
Q2 25
$61.8M
$13.7B
Q1 25
$57.2M
$14.2B
Q4 24
$54.3M
$13.8B
Q3 24
$64.5M
$14.1B
Q2 24
$60.8M
$14.5B
Q1 24
$62.3M
$15.4B
Debt / Equity
COSM
COSM
NNI
NNI
Q4 25
0.20×
2.11×
Q3 25
0.23×
2.14×
Q2 25
0.20×
2.21×
Q1 25
0.19×
2.53×
Q4 24
0.17×
2.48×
Q3 24
0.12×
2.72×
Q2 24
0.12×
2.90×
Q1 24
0.12×
3.20×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
COSM
COSM
NNI
NNI
Operating Cash FlowLast quarter
$-4.6M
$423.0M
Free Cash FlowOCF − Capex
$-4.6M
$396.7M
FCF MarginFCF / Revenue
-23.4%
1183.0%
Capex IntensityCapex / Revenue
0.0%
78.2%
Cash ConversionOCF / Net Profit
7.32×
TTM Free Cash FlowTrailing 4 quarters
$-8.5M
$663.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
COSM
COSM
NNI
NNI
Q4 25
$-4.6M
$423.0M
Q3 25
$-2.5M
$112.4M
Q2 25
$-1.2M
$81.8M
Q1 25
$-186.3K
$91.2M
Q4 24
$-3.8M
$662.9M
Q3 24
$739.8K
$137.0M
Q2 24
$-1.2M
$133.8M
Q1 24
$-3.4M
$211.6M
Free Cash Flow
COSM
COSM
NNI
NNI
Q4 25
$-4.6M
$396.7M
Q3 25
$-2.5M
$100.8M
Q2 25
$-1.2M
$78.1M
Q1 25
$-198.8K
$87.8M
Q4 24
$-3.9M
$642.0M
Q3 24
$511.0K
$132.6M
Q2 24
$-1.2M
$123.1M
Q1 24
$-3.5M
$188.3M
FCF Margin
COSM
COSM
NNI
NNI
Q4 25
-23.4%
1183.0%
Q3 25
-14.4%
435.0%
Q2 25
-8.4%
299.0%
Q1 25
-1.5%
355.6%
Q4 24
-27.5%
3438.0%
Q3 24
4.1%
797.9%
Q2 24
-9.4%
829.2%
Q1 24
-24.0%
1473.7%
Capex Intensity
COSM
COSM
NNI
NNI
Q4 25
0.0%
78.2%
Q3 25
0.1%
50.4%
Q2 25
0.2%
14.2%
Q1 25
0.1%
13.7%
Q4 24
0.5%
111.9%
Q3 24
1.8%
26.7%
Q2 24
0.3%
71.5%
Q1 24
0.6%
181.7%
Cash Conversion
COSM
COSM
NNI
NNI
Q4 25
7.32×
Q3 25
1.05×
Q2 25
0.45×
Q1 25
1.10×
Q4 24
10.50×
Q3 24
57.39×
Q2 24
2.97×
Q1 24
2.88×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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