Nelnet Inc (NNI) Gross Margin (2013 - 2026)
Nelnet (NNI) posted Gross Margin of 95.26% for Q2 2026, up 1.96 percentage points from 93.29% a year earlier and up 0.75 percentage points from the prior quarter.
Nelnet Inc (NNI) Gross Margin (2013 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Nelnet was 63.98%, up 14.49 percentage points year-over-year; for FY2025, it was 55.55%, up 7.37 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of -21.19 percentage points (FY2020 to FY2025).
- In prior years, Nelnet's Gross Margin was 48.18% in FY2024 (-9.39 pp), 57.57% in FY2023 (-36.58 pp), 94.15% in FY2022 (-1.51 pp) and 95.67% in FY2021 (+18.92 pp).
- The Q2 2026 figure stands as the highest quarterly Gross Margin since Q2 2022.
- On a year-over-year basis, Gross Margin increased in five of the last six quarters, with an average year-over-year change of +12.30 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q1 2025, with a gain of 37.54 percentage points; the weakest was Q2 2023, with a drop of 35.89 percentage points.
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 95.26% |
| Mar 31, 2026 | 94.50% |
| Sep 30, 2025 | 93.91% |
| Jun 30, 2025 | 93.29% |
| Mar 31, 2025 | 93.76% |
| Sep 30, 2024 | 90.98% |
| Jun 30, 2024 | 93.87% |
| Mar 31, 2024 | 83.68% |
| Dec 31, 2023 | 78.00% |
| Sep 30, 2023 | 83.93% |
| Jun 30, 2023 | 81.99% |
| Mar 31, 2023 | 83.11% |
| Dec 31, 2022 | 97.85% |
| Sep 30, 2022 | 87.69% |
| Jun 30, 2022 | 95.30% |
| Mar 31, 2022 | 95.22% |
| Dec 31, 2021 | 97.08% |
| Sep 30, 2021 | 93.86% |
| Jun 30, 2021 | 95.58% |
| Mar 31, 2021 | 94.87% |
Nelnet Inc Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=NNI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "NNI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=NNI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();