Nelnet (NNI) Capital Expenditures (2010 - 2026)
Nelnet (NNI) posted quarterly Capital Expenditures of $11.5 million for Q1 2026, up 241.92% YoY from $3.4 million in Q1 2025, and up 54.12% sequentially from $7.5 million in Q4 2025.
Nelnet (NNI) Capital Expenditures (2010 - 2026) Analysis & Trends
Nelnet has disclosed Capital Expenditures across 17 years of filings, most recently posting $11.5 million for Q1 2026.
- In Q1 2026, Capital Expenditures rose 241.92% year-over-year to $11.5 million; the TTM figure through Mar 2026 stood at $138.7 million (up 13038.64% YoY), while the FY2025 annual figure was $26.2 million, up 25.52% from the prior year.
- Capital Expenditures improved to $11.5 million in Q1 2026, from $7.5 million in the prior quarter.
- Over the last five years, Capital Expenditures for NNI reached as high as $921.2 million in Q4 2022 and fell as low as -$482.2 million in Q4 2023.
- The 5-year median for Capital Expenditures is $23.2 million (2024), against an average of $99.8 million.
- Annual changes were most pronounced in 2023 — Capital Expenditures plunged 152.34% — and 2025, when it jumped 1646.28%.
- A 5-year view of Capital Expenditures shows it stood at $921.2 million in 2022, then sank by 152.34% to -$482.2 million in 2023, then soared by 96.4% to -$17.4 million in 2024, then soared by 143.13% to $7.5 million in 2025, then surged by 54.12% to $11.5 million in 2026.
- According to Business Quant data, Capital Expenditures over the past three periods registered $11.5 million, $7.5 million, and $77.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 587.74 Bn | 575.34 Bn | - | 383.00 Mn |
| 2 | Mastercard | 465.55 Bn | 455.34 Bn | - | 181.00 Mn |
| 3 | American Express | 238.39 Bn | 184.35 Bn | 17.43 Bn | 1.15 Bn |
| 4 | PayPal Holdings | 40.24 Bn | 30.89 Bn | 7.84 Bn | 231.00 Mn |
| 5 | Affirm Holdings | 28.27 Bn | 26.55 Bn | 261.64 Mn | -22.29 Bn |
| 6 | SoFi Technologies | 23.54 Bn | 20.13 Bn | 929.25 Mn | 67.55 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 | 400,000.00 |
| 9 | FinVolution | 6.22 Bn | 4.97 Bn | 311.24 Mn | - |
| 10 | Nelnet | 4.85 Bn | 4.49 Bn | 4.07 Mn | 11.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.55 Mn |
| Mar 31, 2026 | 11.55 Mn |
| Dec 31, 2025 | 7.49 Mn |
| Dec 31, 2025 | 7.49 Mn |
| Sep 30, 2025 | 77.50 Mn |
| Sep 30, 2025 | 77.50 Mn |
| Jun 30, 2025 | 42.20 Mn |
| Jun 30, 2025 | 42.20 Mn |
| Mar 31, 2025 | 3.38 Mn |
| Mar 31, 2025 | 3.38 Mn |
| Dec 31, 2024 | -17.38 Mn |
| Dec 31, 2024 | -17.38 Mn |
| Sep 30, 2024 | 4.44 Mn |
| Sep 30, 2024 | 4.44 Mn |
| Jun 30, 2024 | 10.62 Mn |
| Jun 30, 2024 | 10.62 Mn |
| Mar 31, 2024 | 23.23 Mn |
| Mar 31, 2024 | 23.23 Mn |
| Dec 31, 2023 | -482.20 Mn |
| Dec 31, 2023 | -482.20 Mn |