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

Nelnet (NNI) has reported Free Cash Flow for 17 consecutive years, with $61.6 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Free Cash Flow fell 29.87% year-over-year to $61.6 million; the TTM figure through Mar 2026 stood at $266.2 million (down 50.84% YoY), while the FY2025 annual figure was $396.7 million, down 38.2% from the prior year.
• Free Cash Flow declined to $61.6 million in Q1 2026 per NNI's latest filing, from $130.1 million in the prior quarter.
• Across five years, Free Cash Flow topped out at $561.7 million in Q4 2023 and bottomed at -$172.3 million in Q2 2022.
• Historically, Free Cash Flow has averaged $116.3 million across 5 years, with a median of $87.8 million in 2025.
• Annual changes were most pronounced in 2023 — Free Cash Flow plunged 164.08% — and 2024, when it soared 1256.11%.
• Nelnet's Free Cash Flow stood at $505.9 million in 2022, then grew by 11.03% 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 plunged by 52.69% to $61.6 million in 2026.
• Business Quant data shows NNI's Free Cash Flow at $61.6 million in Q1 2026, $130.1 million in Q4 2025, and $34.9 million in Q3 2025.