Nelnet (NNI) EBITDA (2010 - 2026)

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

• In Q1 2026, EBITDA 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.
• EBITDA climbed to -$244.2 million in Q1 2026 per NNI's latest filing, from -$411.9 million in the prior quarter.
• Across five years, EBITDA topped out at -$132.5 million in Q1 2023 and bottomed at -$454.9 million in Q4 2023.
• Historically, EBITDA has averaged -$267.0 million across 5 years, with a median of -$262.9 million in 2024.
• Annual changes were most pronounced in 2022 — EBITDA sank 333.55% — and 2023, when it jumped 45.11%.
• Nelnet's EBITDA 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 EBITDA at -$244.2 million in Q1 2026, -$411.9 million in Q4 2025, and -$280.0 million in Q3 2025.