Nelnet Inc (NNI) Free Cash Flow (2010 - 2026)
Nelnet (NNI) posted Free Cash Flow of $71.57 million for Q2 2026, down 8.3% from $78.06 million a year earlier but up 16.2% from the prior quarter.
Nelnet Inc (NNI) Free Cash Flow (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Free Cash Flow at Nelnet was $364.03 million, down 26.7% year-over-year; for FY2025, it came in at $396.75 million, down 38.2% from FY2024.
- Annual Free Cash Flow shows a five-year compound annual growth rate of 11.0% (FY2020 to FY2025).
- In prior years, Nelnet's Free Cash Flow was $641.99 million in FY2024 (+79.3%), $357.98 million in FY2023 (-42.6%), $623.64 million in FY2022 (+48.0%) and $421.38 million in FY2021 (+78.7%).
- Quarterly Free Cash Flow has run from a low of $11.19 million in Q4 2022 to a high of $259.56 million in Q1 2022 over five years.
- On a year-over-year basis, Free Cash Flow has declined in each of the last six quarters, with growth averaging 6.3% over the last eight quarters.
- The strongest year-over-year quarter for Free Cash Flow in the past five years was Q1 2022, with growth of 743.8%; the weakest was Q4 2022, with a decline of 91.2%.
- According to Business Quant data, Free Cash Flow for the three prior quarters was $61.57 million (Q1 2026), $130.12 million (Q4 2025) and $100.77 million (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 71.57 Mn |
| Mar 31, 2026 | 61.57 Mn |
| Dec 31, 2025 | 130.12 Mn |
| Sep 30, 2025 | 100.77 Mn |
| Jun 30, 2025 | 78.06 Mn |
| Mar 31, 2025 | 87.79 Mn |
| Dec 31, 2024 | 197.91 Mn |
| Sep 30, 2024 | 132.60 Mn |
| Jun 30, 2024 | 123.14 Mn |
| Mar 31, 2024 | 188.33 Mn |
| Dec 31, 2023 | 58.01 Mn |
| Sep 30, 2023 | 138.81 Mn |
| Jun 30, 2023 | 62.73 Mn |
| Mar 31, 2023 | 98.42 Mn |
| Dec 31, 2022 | 11.19 Mn |
| Sep 30, 2022 | 162.89 Mn |
| Jun 30, 2022 | 190.01 Mn |
| Mar 31, 2022 | 259.56 Mn |
| Dec 31, 2021 | 127.42 Mn |
| Sep 30, 2021 | 136.87 Mn |
Nelnet Inc Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=NNI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "NNI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=NNI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();