Nelnet (NNI) EBT (2010 - 2026)

Nelnet (NNI) posted quarterly EBT of $75.7 million for Q1 2026, down 28.72% year-over-year from $106.1 million in Q1 2025, and up 63.14% quarter-over-quarter from $46.4 million in Q4 2025.

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

Nelnet (NNI) has reported EBT for 17 consecutive years, with $75.7 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, EBT fell 28.72% year-over-year to $75.7 million; the TTM figure through Mar 2026 stood at $495.9 million (up 105.93% YoY), while the FY2025 annual figure was $526.3 million, up 130.26% from the prior year.
  • EBT grew to $75.7 million in Q1 2026 per NNI's latest filing, from $46.4 million in the prior quarter.
  • Across five years, EBT topped out at $240.6 million in Q1 2022 and bottomed at -$39.1 million in Q4 2023.
  • Historically, EBT has averaged $82.5 million across 5 years, with a median of $75.7 million in 2026.
  • Annual changes were most pronounced in 2023 — EBT tumbled 251.44% — and 2025, when it jumped 6238.01%.
  • Nelnet's EBT stood at $25.8 million in 2022, then sank by 251.44% to -$39.1 million in 2023, then jumped by 300.6% to $78.4 million in 2024, then sank by 40.88% to $46.4 million in 2025, then surged by 63.14% to $75.7 million in 2026.
  • Business Quant data shows NNI's EBT at $75.7 million in Q1 2026, $46.4 million in Q4 2025, and $136.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Visa 618.21 Bn 605.85 Bn - 6.83 Bn
2 Mastercard 506.53 Bn 493.04 Bn - 5.49 Bn
3 American Express 232.32 Bn 183.00 Bn 17.99 Bn 4.07 Bn
4 Capital One Financial 136.19 Bn 81.48 Bn - 3.82 Bn
5 PayPal Holdings 52.34 Bn 41.08 Bn - 1.31 Bn
6 Eason Technology 35.89 Bn 35.89 Bn - -
7 Synchrony Financial 26.09 Bn 9.90 Bn - 1.19 Bn
8 Affirm Holdings 25.93 Bn 24.20 Bn - 107.38 Mn
9 SoFi Technologies 23.04 Bn 22.68 Bn -41.62 Mn 199.55 Mn
10 Nelnet 4.86 Bn 4.62 Bn -10.19 Mn 75.66 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 75.66 Mn
Dec 31, 2025 46.38 Mn
Sep 30, 2025 136.45 Mn
Jun 30, 2025 237.36 Mn
Mar 31, 2025 106.14 Mn
Dec 31, 2024 78.44 Mn
Sep 30, 2024 -2.22 Mn
Jun 30, 2024 58.43 Mn
Mar 31, 2024 93.94 Mn
Dec 31, 2023 -39.10 Mn
Sep 30, 2023 50.12 Mn
Jun 30, 2023 27.43 Mn
Mar 31, 2023 31.27 Mn
Dec 31, 2022 25.82 Mn
Sep 30, 2022 127.06 Mn
Jun 30, 2022 108.39 Mn
Mar 31, 2022 240.58 Mn
Dec 31, 2021 168.22 Mn
Sep 30, 2021 66.87 Mn
Jun 30, 2021 109.25 Mn