Nelnet (NNI) Gross Margin (2017 - 2026)
Nelnet (NNI) reported Gross Margin of 7.26% for Q1 2026, up 100.77% quarter-over-quarter from 945.5% in Q3 2025.
Nelnet (NNI) Gross Margin (2017 - 2026) Analysis & Trends
Nelnet (NNI) has 10 years of Gross Margin data on file, last reported at 7.26% in Q1 2026.
- Gross Margin for Q1 2026 came in at 7.26%, changed N/A year-over-year; the trailing twelve-month figure through Mar 2026 was 256.99% (changed N/A YoY), and the FY2023 annual result was 948.02%, changed N/A from the prior year.
- Gross Margin improved to 7.26% in Q1 2026 per NNI's latest filing, from 945.5% in the prior quarter.
- Over five years, Gross Margin peaked at 75.29% in Q2 2022 and troughed at 3379.54% in Q3 2022.
- A 5-year average of 711.86% and a median of 158.28% in 2022 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2023: Gross Margin plunged 334687 bps in 2022, then soared 266258 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 117.3% in 2022, then plunged by 70 bps to 199.26% in 2023, then jumped by 128 bps to 56.22% in 2024, then tumbled by 1782 bps to 945.5% in 2025, then soared by 101 bps to 7.26% in 2026.
- Business Quant data shows NNI's Gross Margin at 7.26% in Q1 2026, 945.5% in Q3 2025, and 56.22% in Q1 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 548.22 Bn | 535.81 Bn | - | - |
| 2 | Mastercard | 437.48 Bn | 427.27 Bn | - | - |
| 3 | American Express | 231.87 Bn | 177.83 Bn | 17.43 Bn | 92.17% |
| 4 | Capital One Financial | 125.74 Bn | 49.24 Bn | - | - |
| 5 | PayPal Holdings | 38.80 Bn | 29.46 Bn | 7.84 Bn | 93.80% |
| 6 | Synchrony Financial | 25.78 Bn | 5.22 Bn | - | - |
| 7 | Affirm Holdings | 24.65 Bn | 22.93 Bn | 261.64 Mn | 78.22% |
| 8 | SoFi Technologies | 22.89 Bn | 19.49 Bn | 929.25 Mn | 84.45% |
| 9 | Ally Financial | 14.15 Bn | 13.70 Bn | 1.98 Bn | 94.24% |
| 10 | Nelnet | 4.68 Bn | 4.32 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% |