For the quarter ending 2026-03-31, NNI had -$143,021K decrease in cash & cash equivalents over the period. $61,565K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Proceeds from termination of derivative instruments | - | 0 | - | - |
| Net income | 55,600 | 38,687 | 100,676 | 258,983 |
| (payments to) proceeds from clearinghouse - initial and variation margin, net | - | -895 | -985 | -4,030 |
| Depreciation and amortization, including debt discountsand loan premiums and deferred origination costs | 21,163 | 22,361 | 15,855 | 52,406 |
| Loan discount and deferred lender fees accretion | -44,131 | -49,172 | -15,605 | -42,502 |
| Impairment expense | - | 8,588 | 9,145 | 11,879 |
| Provision for loan losses from allowance activity table above | 53,572 | - | - | - |
| Provision expense (negative provision) for unfunded loan commitments, net | -328 | - | - | - |
| Provision for loan losses | 53,244 | 38,147 | -3,563 | 33,267 |
| Gain on partial redemption of allo investment | - | 0 | 0 | 175,044 |
| Provision for beneficial interests | 4,130 | 11,311 | - | - |
| Derivative market value adjustments | 1,587 | 1,880 | -788 | -10,190 |
| Loss (gain) on sale of loans, net | -105 | -158 | -2,471 | 909 |
| Loss (gain) on investments, net | -14,949 | -22,518 | 27,426 | 19,650 |
| Loss from repurchases of debt, net | - | - | -7,865 | - |
| Deferred income tax (benefit) expense | -10,895 | 78,158 | 6,459 | -88,924 |
| Non-cash compensation expense | 3,628 | 3,210 | 3,551 | 6,513 |
| Other | 1,424 | -6,522 | -464 | -1,011 |
| (increase) decrease in loan and investment accrued interest receivable | 13,967 | -25,780 | 324 | -15,218 |
| Decrease in accounts receivable | -15,334 | 45,590 | 20,304 | -32,523 |
| Increase in other assets | 52,299 | -14,215 | -19,978 | -23,510 |
| Decrease in the carrying amount of rou asset | -1,005 | -882 | -907 | -1,958 |
| Decrease in accrued interest payable | -3,510 | 1,387 | -257 | -6,072 |
| Increase (decrease) in other liabilities | 32,939 | -27,907 | 13,727 | 65,986 |
| Decrease in the carrying amount of lease liability | -1,169 | -1,000 | -981 | -3,384 |
| Total adjustments | 17,515 | 98,928 | 11,765 | -86,054 |
| Net cash provided by operating activities | 73,115 | 137,615 | 112,441 | 172,929 |
| Purchases of loans-Nonrelated Party | 3,070,037 | 3,350,438 | 1,616,279 | 368,499 |
| Purchases of loans-Related Party | 299,380 | 479,377 | 70,001 | 136,667 |
| Proceeds from loan repayments, claims, and capitalized interest, net | 3,253,780 | 3,367,093 | 1,200,066 | 881,096 |
| Proceeds from sale of loans-Nonrelated Party | 213 | 127 | 167,772 | 72,626 |
| Proceeds from sale of loans-Related Party | 107,969 | 658,929 | 229,983 | 60,181 |
| Purchases of available-for-sale securities | 143,321 | 136,777 | 175,608 | 240,476 |
| Proceeds from sales of available-for-sale securities | 47,533 | 83,047 | 96,345 | 109,609 |
| Proceeds from beneficial interest in loan securitizations | 14,715 | 21,685 | 17,630 | 38,235 |
| Purchases of other investments and issuance of notes receivable | 99,521 | 341,845 | 88,162 | 161,828 |
| Proceeds from other investments and repayments of notes receivable | 32,273 | 21,819 | 56,390 | 454,829 |
| Purchases of held-to-maturity debt securities | - | 295 | - | - |
| Redemption of held-to-maturity debt securities | 1,406 | 883 | 2,753 | 7,796 |
| Purchases of property and equipment | 11,550 | 7,494 | 11,670 | 7,074 |
| Business acquisitions, net of cash and restricted cash acquired | -197,007 | - | - | - |
| Net cash provided by investing activities | 31,087 | -162,643 | -190,781 | 709,828 |
| Payments on bonds and notes payable | 353,098 | 876,674 | 621,392 | 1,117,852 |
| Proceeds from issuance of bonds and notes payable | 270,658 | 835,829 | 557,346 | 25 |
| Payments of debt issuance costs | 2,056 | 3,018 | 804 | 3,999 |
| Increase in bank deposits, net | 75,354 | 192,408 | 94,723 | 195,911 |
| Decrease in due to customers | -212,085 | 15,176 | 13,627 | -49,489 |
| Dividends paid | 11,834 | 11,836 | 10,835 | 20,322 |
| Repurchases of common stock | 16,280 | 16,255 | 27,273 | 25,818 |
| Proceeds from issuance of common stock | 379 | 490 | 472 | 920 |
| Redemption of noncontrolling interest | 1,500 | 0 | 0 | 3,944 |
| Issuance of noncontrolling interests | 7,658 | 98,041 | 39,404 | 15,580 |
| Distribution to noncontrolling interests | 1,371 | 2,368 | 1,860 | 3,351 |
| Net cash used in financing activities | -244,175 | 231,793 | 43,408 | -1,012,339 |
| Effect of exchange rate changes on cash and restricted cash | -3,048 | -15 | -48 | 338 |
| Net decrease in cash, cash equivalents, and restricted cash | -143,021 | 206,750 | -34,980 | -129,244 |
| Cash, cash equivalents, and restricted cash, beginning of period | 973,546 | 766,796 | 931,020 | - |
| Cash, cash equivalents, and restricted cash, end of period | 830,525 | 973,546 | 766,796 | - |