Nelnet (NNI) Accumulated Expenses (2010 - 2026)

Nelnet (NNI) posted quarterly Accumulated Expenses of $16.9 million for Q1 2026, down 24.46% YoY from $22.4 million in Q1 2025, and down 17.18% sequentially from $20.4 million in Q4 2025.

Nelnet (NNI) Accumulated Expenses (2010 - 2026) Analysis & Trends

Nelnet has disclosed Accumulated Expenses across 17 years of filings, most recently posting $16.9 million for Q1 2026.

  • In Q1 2026, Accumulated Expenses fell 24.46% year-over-year to $16.9 million; the TTM figure through Mar 2026 stood at $16.9 million (down 24.46% YoY), while the FY2025 annual figure was $20.4 million, down 2.95% from the prior year.
  • Accumulated Expenses fell to $16.9 million in Q1 2026, from $20.4 million in the prior quarter.
  • Over the last five years, Accumulated Expenses for NNI reached as high as $36.4 million in Q3 2023 and fell as low as $7.2 million in Q1 2022.
  • The 5-year median for Accumulated Expenses is $22.4 million (2025), against an average of $24.9 million.
  • Annual changes were most pronounced in 2022 — Accumulated Expenses soared 689.51% — and 2024, when it plunged 40.53%.
  • A 5-year view of Accumulated Expenses shows it stood at $36.0 million in 2022, then decreased by 1.83% to $35.4 million in 2023, then sank by 40.53% to $21.0 million in 2024, then retreated by 2.95% to $20.4 million in 2025, then retreated by 17.18% to $16.9 million in 2026.
  • According to Business Quant data, Accumulated Expenses over the past three periods registered $16.9 million, $20.4 million, and $19.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Visa 587.74 Bn 575.34 Bn -
2 Mastercard 465.55 Bn 455.34 Bn -
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn
10 Nelnet 4.85 Bn 4.49 Bn 4.07 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 16.92 Mn
Dec 31, 2025 20.43 Mn
Sep 30, 2025 19.04 Mn
Jun 30, 2025 19.30 Mn
Mar 31, 2025 22.39 Mn
Dec 31, 2024 21.05 Mn
Sep 30, 2024 25.39 Mn
Jun 30, 2024 27.14 Mn
Mar 31, 2024 31.98 Mn
Dec 31, 2023 35.39 Mn
Sep 30, 2023 36.39 Mn
Jun 30, 2023 35.93 Mn
Mar 31, 2023 34.37 Mn
Dec 31, 2022 36.05 Mn
Sep 30, 2022 21.80 Mn
Jun 30, 2022 12.96 Mn
Mar 31, 2022 7.22 Mn
Dec 31, 2021 4.57 Mn
Sep 30, 2021 4.44 Mn
Jun 30, 2021 4.92 Mn