Nelnet (NNI) EBIT (2010 - 2026)

Nelnet (NNI) posted quarterly EBIT of -$229.9 million for Q1 2026, up 16.55% YoY from -$197.3 million in Q1 2025, and up 27.51% sequentially from -$317.2 million in Q4 2025.

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

Nelnet has disclosed EBIT across 17 years of filings, most recently posting -$229.9 million for Q1 2026.

  • In Q1 2026, EBIT rose 16.55% year-over-year to -$229.9 million; the TTM figure through Mar 2026 stood at -$1.1 billion (up 2.51% YoY), while the FY2025 annual figure was -$1.2 billion, down 1.59% from the prior year.
  • EBIT grew to -$229.9 million in Q1 2026, from -$317.2 million in the prior quarter.
  • Over the last five years, EBIT for NNI reached as high as -$102.6 million in Q2 2022 and fell as low as -$317.2 million in Q4 2025.
  • The 5-year median for EBIT is -$259.6 million (2023), against an average of -$245.0 million.
  • The widest YoY moves for EBIT: up 47.44% in 2023, down 150.06% in 2023.
  • A 5-year view of EBIT shows it stood at -$250.9 million in 2022, then fell by 19.68% to -$300.3 million in 2023, then gained by 0.61% to -$298.5 million in 2024, then declined by 6.26% to -$317.2 million in 2025, then gained by 27.51% to -$229.9 million in 2026.
  • According to Business Quant data, EBIT over the past three periods registered -$229.9 million, -$317.2 million, and -$280.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Visa 587.74 Bn 575.34 Bn - 7.23 Bn
2 Mastercard 465.55 Bn 455.34 Bn - 4.91 Bn
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn 3.55 Bn
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn 1.49 Bn
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn 88.43 Mn
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn 37.32 Mn
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn 746.00 Mn
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn 139.80 Mn
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn 69.02 Mn
10 Nelnet 4.85 Bn 4.49 Bn 4.07 Mn -229.91 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -229.91 Mn
Dec 31, 2025 -317.18 Mn
Sep 30, 2025 -279.99 Mn
Jun 30, 2025 -275.03 Mn
Mar 31, 2025 -275.51 Mn
Dec 31, 2024 -298.49 Mn
Sep 30, 2024 -293.58 Mn
Jun 30, 2024 -262.86 Mn
Mar 31, 2024 -136.79 Mn
Dec 31, 2023 -300.33 Mn
Sep 30, 2023 -259.59 Mn
Jun 30, 2023 -256.48 Mn
Mar 31, 2023 -126.90 Mn
Dec 31, 2022 -250.94 Mn
Sep 30, 2022 -257.07 Mn
Jun 30, 2022 -102.57 Mn
Mar 31, 2022 -241.41 Mn
Dec 31, 2021 -227.85 Mn
Sep 30, 2021 -190.34 Mn
Jun 30, 2021 -193.47 Mn