Nelnet (NNI) Free Cash Flow (2010 - 2026)

Nelnet (NNI) has reported Free Cash Flow for 17 consecutive years, with $71.6 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Free Cash Flow rose 80.91% year-over-year to $71.6 million in Q2 2026; TTM through Jun 2026 was $298.2 million, a 34.87% decrease from a year earlier, with the FY2025 full-year figure at $396.7 million, down 38.2% from the prior year.
• Free Cash Flow was $71.6 million for Q2 2026 at Nelnet, up from $61.6 million in the prior quarter.
• Over five years, Free Cash Flow peaked at $561.7 million in Q4 2023 and troughed at -$895.0 million in Q4 2022.
• A 5-year average of $36.0 million and a median of $66.6 million in 2026 frame the typical range for Free Cash Flow.
• Across the five-year window, Free Cash Flow tumbled 2981.08% in 2022 and surged 1256.11% in 2024, its largest moves.
• Over 5 years, Free Cash Flow stood at -$895.0 million in 2022, then surged by 162.75% to $561.7 million in 2023, then sank by 64.76% to $197.9 million in 2024, then sank by 34.25% to $130.1 million in 2025, then tumbled by 45.0% to $71.6 million in 2026.
• The last three Free Cash Flow figures came in at $71.6 million (Q2 2026), $61.6 million (Q1 2026), and $130.1 million (Q4 2025), per Business Quant data.