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| Date | Value |
|---|---|
| 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% |