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| Date | Value |
|---|---|
| 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 |