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Side-by-side financial comparison of NELNET INC (NNI) and REGIS CORP (RGS). Click either name above to swap in a different company.
REGIS CORP is the larger business by last-quarter revenue ($57.1M vs $33.5M, roughly 1.7× NELNET INC). NELNET INC runs the higher net margin — 172.3% vs 0.8%, a 171.5% gap on every dollar of revenue. On growth, NELNET INC posted the faster year-over-year revenue change (79.6% vs 22.3%). NELNET INC produced more free cash flow last quarter ($396.7M vs $891.0K). Over the past eight quarters, NELNET INC's revenue compounded faster (62.0% CAGR vs 7.8%).
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.
REGIS CORPRGSEarnings & Financial Report
Regis Corporation is an American operator of hair salons. As of August 2021, it has 5,563 franchised and 276 company-owned salons. Its headquarters are in Minneapolis, Minnesota.
NNI vs RGS — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $33.5M | $57.1M |
| Net Profit | $57.8M | $456.0K |
| Gross Margin | 50.5% | — |
| Operating Margin | — | 10.8% |
| Net Margin | 172.3% | 0.8% |
| Revenue YoY | 79.6% | 22.3% |
| Net Profit YoY | -8.5% | -94.0% |
| EPS (diluted) | $1.62 | $0.16 |
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.
| Q4 25 | $33.5M | $57.1M | ||
| Q3 25 | $23.2M | $59.0M | ||
| Q2 25 | $26.1M | $60.4M | ||
| Q1 25 | $24.7M | $57.0M | ||
| Q4 24 | $18.7M | $46.7M | ||
| Q3 24 | $16.6M | $46.1M | ||
| Q2 24 | $14.9M | $49.4M | ||
| Q1 24 | $12.8M | $49.2M |
| Q4 25 | $57.8M | $456.0K | ||
| Q3 25 | $106.7M | $1.4M | ||
| Q2 25 | $181.5M | $116.5M | ||
| Q1 25 | $82.6M | $250.0K | ||
| Q4 24 | $63.2M | $7.6M | ||
| Q3 24 | $2.4M | $-853.0K | ||
| Q2 24 | $45.1M | $91.2M | ||
| Q1 24 | $73.4M | $-2.3M |
| Q4 25 | 50.5% | — | ||
| Q3 25 | 29.6% | — | ||
| Q2 25 | 29.8% | — | ||
| Q1 25 | 30.5% | — | ||
| Q4 24 | 13.7% | — | ||
| Q3 24 | 0.1% | — | ||
| Q2 24 | 27.3% | — | ||
| Q1 24 | 15.3% | — |
| Q4 25 | — | 10.8% | ||
| Q3 25 | — | 10.0% | ||
| Q2 25 | — | 12.1% | ||
| Q1 25 | — | 8.8% | ||
| Q4 24 | 97.7% | 11.8% | ||
| Q3 24 | -13.4% | 4.6% | ||
| Q2 24 | 88.0% | — | ||
| Q1 24 | — | 8.3% |
| Q4 25 | 172.3% | 0.8% | ||
| Q3 25 | 460.5% | 2.3% | ||
| Q2 25 | 694.9% | 192.9% | ||
| Q1 25 | 334.4% | 0.4% | ||
| Q4 24 | 338.2% | 16.4% | ||
| Q3 24 | 14.4% | -1.9% | ||
| Q2 24 | 303.6% | 184.7% | ||
| Q1 24 | 574.4% | -4.7% |
| Q4 25 | $1.62 | $0.16 | ||
| Q3 25 | $2.94 | $0.49 | ||
| Q2 25 | $4.97 | $43.67 | ||
| Q1 25 | $2.26 | $0.08 | ||
| Q4 24 | $1.74 | $2.71 | ||
| Q3 24 | $0.07 | $-0.36 | ||
| Q2 24 | $1.23 | $38.40 | ||
| Q1 24 | $1.98 | $-1.00 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $296.0M | $18.4M |
| Total DebtLower is stronger | $7.8B | $113.3M |
| Stockholders' EquityBook value | $3.7B | $188.7M |
| Total Assets | $14.1B | $588.3M |
| Debt / EquityLower = less leverage | 2.11× | 0.60× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $296.0M | $18.4M | ||
| Q3 25 | $216.4M | $16.6M | ||
| Q2 25 | $225.8M | $17.0M | ||
| Q1 25 | $220.5M | $13.3M | ||
| Q4 24 | $194.5M | $10.2M | ||
| Q3 24 | $219.7M | $6.3M | ||
| Q2 24 | $145.5M | $10.1M | ||
| Q1 24 | $179.7M | $5.9M |
| Q4 25 | $7.8B | $113.3M | ||
| Q3 25 | $7.8B | $111.3M | ||
| Q2 25 | $7.9B | $110.8M | ||
| Q1 25 | $8.7B | $112.0M | ||
| Q4 24 | $8.3B | $111.5M | ||
| Q3 24 | $8.9B | $95.2M | ||
| Q2 24 | $9.6B | $99.5M | ||
| Q1 24 | $10.6B | $179.7M |
| Q4 25 | $3.7B | $188.7M | ||
| Q3 25 | $3.7B | $187.6M | ||
| Q2 25 | $3.6B | $185.6M | ||
| Q1 25 | $3.4B | $68.6M | ||
| Q4 24 | $3.3B | $66.7M | ||
| Q3 24 | $3.3B | $56.4M | ||
| Q2 24 | $3.3B | $56.8M | ||
| Q1 24 | $3.3B | $-35.8M |
| Q4 25 | $14.1B | $588.3M | ||
| Q3 25 | $13.9B | $592.1M | ||
| Q2 25 | $13.7B | $599.0M | ||
| Q1 25 | $14.2B | $511.2M | ||
| Q4 24 | $13.8B | $530.1M | ||
| Q3 24 | $14.1B | $508.9M | ||
| Q2 24 | $14.5B | $530.5M | ||
| Q1 24 | $15.4B | $543.7M |
| Q4 25 | 2.11× | 0.60× | ||
| Q3 25 | 2.14× | 0.59× | ||
| Q2 25 | 2.21× | 0.60× | ||
| Q1 25 | 2.53× | 1.63× | ||
| Q4 24 | 2.48× | 1.67× | ||
| Q3 24 | 2.72× | 1.69× | ||
| Q2 24 | 2.90× | 1.75× | ||
| Q1 24 | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $423.0M | $1.7M |
| Free Cash FlowOCF − Capex | $396.7M | $891.0K |
| FCF MarginFCF / Revenue | 1183.0% | 1.6% |
| Capex IntensityCapex / Revenue | 78.2% | 1.4% |
| Cash ConversionOCF / Net Profit | 7.32× | 3.65× |
| TTM Free Cash FlowTrailing 4 quarters | $663.4M | $14.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $423.0M | $1.7M | ||
| Q3 25 | $112.4M | $2.3M | ||
| Q2 25 | $81.8M | $6.8M | ||
| Q1 25 | $91.2M | $6.2M | ||
| Q4 24 | $662.9M | $2.1M | ||
| Q3 24 | $137.0M | $-1.3M | ||
| Q2 24 | $133.8M | $5.1M | ||
| Q1 24 | $211.6M | $-277.0K |
| Q4 25 | $396.7M | $891.0K | ||
| Q3 25 | $100.8M | $1.9M | ||
| Q2 25 | $78.1M | $6.2M | ||
| Q1 25 | $87.8M | $5.9M | ||
| Q4 24 | $642.0M | $1.7M | ||
| Q3 24 | $132.6M | $-1.4M | ||
| Q2 24 | $123.1M | $5.1M | ||
| Q1 24 | $188.3M | $-326.0K |
| Q4 25 | 1183.0% | 1.6% | ||
| Q3 25 | 435.0% | 3.2% | ||
| Q2 25 | 299.0% | 10.3% | ||
| Q1 25 | 355.6% | 10.3% | ||
| Q4 24 | 3438.0% | 3.6% | ||
| Q3 24 | 797.9% | -3.0% | ||
| Q2 24 | 829.2% | 10.3% | ||
| Q1 24 | 1473.7% | -0.7% |
| Q4 25 | 78.2% | 1.4% | ||
| Q3 25 | 50.4% | 0.7% | ||
| Q2 25 | 14.2% | 0.9% | ||
| Q1 25 | 13.7% | 0.6% | ||
| Q4 24 | 111.9% | 0.9% | ||
| Q3 24 | 26.7% | 0.0% | ||
| Q2 24 | 71.5% | 0.0% | ||
| Q1 24 | 181.7% | 0.1% |
| Q4 25 | 7.32× | 3.65× | ||
| Q3 25 | 1.05× | 1.68× | ||
| Q2 25 | 0.45× | 0.06× | ||
| Q1 25 | 1.10× | 24.80× | ||
| Q4 24 | 10.50× | 0.28× | ||
| Q3 24 | 57.39× | — | ||
| Q2 24 | 2.97× | 0.06× | ||
| Q1 24 | 2.88× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NNI
Segment breakdown not available.
RGS
| Franchise Segment | $37.9M | 66% |
| Royalty | $13.6M | 24% |
| Other | $2.8M | 5% |
| Fees | $1.8M | 3% |
| Franchise Fees | $1.0M | 2% |
