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
DateValue
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