Nelnet (NNI) EBIT (2010 - 2026)

Nelnet (NNI) posted quarterly EBIT of -$244.2 million for Q1 2026, up 11.37% year-over-year from -$219.2 million in Q1 2025, and up 40.72% quarter-over-quarter from -$411.9 million in Q4 2025.

Nelnet (NNI) EBIT (2010 - 2026) Analysis & Trends

Nelnet (NNI) has reported EBIT for 17 consecutive years, with -$244.2 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, EBIT rose 11.37% year-over-year to -$244.2 million; the TTM figure through Mar 2026 stood at -$1.2 billion (down 5.82% YoY), while the FY2025 annual figure was -$1.1 billion, down 0.75% from the prior year.
  • EBIT climbed to -$244.2 million in Q1 2026 per NNI's latest filing, from -$411.9 million in the prior quarter.
  • Across five years, EBIT topped out at -$132.5 million in Q1 2023 and bottomed at -$454.9 million in Q4 2023.
  • Historically, EBIT has averaged -$267.0 million across 5 years, with a median of -$262.9 million in 2024.
  • Annual changes were most pronounced in 2022 — EBIT sank 333.55% — and 2023, when it jumped 45.11%.
  • Nelnet's EBIT stood at -$257.8 million in 2022, then tumbled by 76.45% to -$454.9 million in 2023, then soared by 35.44% to -$293.7 million in 2024, then plunged by 40.23% to -$411.9 million in 2025, then soared by 40.72% to -$244.2 million in 2026.
  • Business Quant data shows NNI's EBIT at -$244.2 million in Q1 2026, -$411.9 million in Q4 2025, and -$280.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Visa 618.21 Bn 605.85 Bn - 6.88 Bn
2 Mastercard 506.53 Bn 493.04 Bn - 5.59 Bn
3 American Express 232.32 Bn 183.00 Bn 17.99 Bn 3.51 Bn
4 Capital One Financial 136.19 Bn 81.48 Bn - 11.07 Bn
5 PayPal Holdings 52.34 Bn 41.08 Bn - 1.43 Bn
6 Eason Technology 35.89 Bn 35.89 Bn - -
7 Synchrony Financial 26.09 Bn 9.90 Bn - 2.16 Bn
8 Affirm Holdings 25.93 Bn 24.20 Bn - 88.43 Mn
9 SoFi Technologies 23.04 Bn 22.68 Bn -41.62 Mn -933.54 Mn
10 Nelnet 4.86 Bn 4.62 Bn -10.19 Mn -244.17 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -244.17 Mn
Dec 31, 2025 -411.87 Mn
Sep 30, 2025 -279.99 Mn
Jun 30, 2025 -237.52 Mn
Mar 31, 2025 -275.51 Mn
Dec 31, 2024 -293.70 Mn
Sep 30, 2024 -276.96 Mn
Jun 30, 2024 -262.86 Mn
Mar 31, 2024 -266.60 Mn
Dec 31, 2023 -454.90 Mn
Sep 30, 2023 -265.89 Mn
Jun 30, 2023 -258.88 Mn
Mar 31, 2023 -132.52 Mn
Dec 31, 2022 -257.81 Mn
Sep 30, 2022 -151.58 Mn
Jun 30, 2022 -227.44 Mn
Mar 31, 2022 -241.41 Mn
Dec 31, 2021 110.39 Mn
Sep 30, 2021 -213.40 Mn
Jun 30, 2021 -116.77 Mn