Nelnet (NNI) EBT (2010 - 2026)

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

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

Nelnet has disclosed EBT across 17 years of filings, most recently posting $75.7 million for 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 rose to $75.7 million in Q1 2026, from $46.4 million in the prior quarter.
  • Over the last five years, EBT for NNI reached as high as $240.6 million in Q1 2022 and fell as low as -$39.1 million in Q4 2023.
  • The 5-year median for EBT is $75.7 million (2026), against an average of $82.5 million.
  • Annual changes were most pronounced in 2023 — EBT sank 251.44% — and 2025, when it jumped 6238.01%.
  • A 5-year view of EBT shows it stood at $25.8 million in 2022, then slumped by 251.44% to -$39.1 million in 2023, then soared by 300.6% to $78.4 million in 2024, then slumped by 40.88% to $46.4 million in 2025, then jumped by 63.14% to $75.7 million in 2026.
  • According to Business Quant data, EBT over the past three periods registered $75.7 million, $46.4 million, and $136.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Visa 587.74 Bn 575.34 Bn - 7.17 Bn
2 Mastercard 465.55 Bn 455.34 Bn - 4.81 Bn
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn 3.78 Bn
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn 1.39 Bn
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn 107.38 Mn
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn 199.55 Mn
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn 400.00 Mn
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn 157.00 Mn
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn 71.99 Mn
10 Nelnet 4.85 Bn 4.49 Bn 4.07 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