Nelnet (NNI) Gross Margin (2017 - 2026)

Nelnet (NNI) posted quarterly Gross Margin of 7.26% for Q1 2026, up 100.77% sequentially from 945.5% in Q3 2025.

Nelnet (NNI) Gross Margin (2017 - 2026) Analysis & Trends

Nelnet has disclosed Gross Margin across 10 years of filings, most recently posting 7.26% for Q1 2026.

  • In Q1 2026, Gross Margin changed N/A year-over-year to 7.26%; the TTM figure through Mar 2026 stood at 256.99% (changed N/A YoY), while the FY2023 annual figure was 948.02%, changed N/A from the prior year.
  • Gross Margin grew to 7.26% in Q1 2026, from 945.5% in the prior quarter.
  • Over the last five years, Gross Margin for NNI reached as high as 75.29% in Q2 2022 and fell as low as 3379.54% in Q3 2022.
  • The 5-year median for Gross Margin is 158.28% (2022), against an average of 711.86%.
  • Annual changes were most pronounced in 2022 — Gross Margin slumped 334687 bps — and 2023, when it soared 266258 bps.
  • A 5-year view of Gross Margin shows it stood at 117.3% in 2022, then slumped by 70 bps to 199.26% in 2023, then jumped by 128 bps to 56.22% in 2024, then sank by 1782 bps to 945.5% in 2025, then soared by 101 bps to 7.26% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 7.26%, 945.5%, and 56.22% for Q1 2026, Q3 2025, and Q1 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Visa 587.74 Bn 575.34 Bn - -
2 Mastercard 465.55 Bn 455.34 Bn - -
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn 92.17%
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn 93.80%
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn 78.22%
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn 84.45%
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn 94.24%
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn 97.03%
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn 71.98%
10 Nelnet 4.85 Bn 4.49 Bn 4.07 Mn 7.26%

Historic Data

Download Data
DateValue
Mar 31, 2026 7.26%
Sep 30, 2025 -945.50%
Mar 31, 2024 56.22%
Dec 31, 2023 -199.26%
Sep 30, 2023 -716.97%
Jun 30, 2023 -1,958.56%
Mar 31, 2023 59.78%
Dec 31, 2022 -117.30%
Sep 30, 2022 -3,379.54%
Jun 30, 2022 75.29%
Sep 30, 2021 -32.67%
Dec 31, 2020 71.15%
Sep 30, 2020 113.92%
Dec 31, 2019 70.11%
Sep 30, 2019 95.38%
Jun 30, 2019 95.52%
Mar 31, 2019 93.99%
Dec 31, 2018 95.54%
Sep 30, 2018 96.17%
Jun 30, 2018 62.55%