Nelnet (NNI) Interest Expenses (2010 - 2026)
Nelnet's (NNI) quarterly Interest Expenses came in at $108.9 million in Q2 2026, down 18.03% year-over-year from $132.9 million in Q2 2025, and down 0.62% quarter-over-quarter from $109.6 million in Q1 2026.
Analysis
Nelnet (NNI) Interest Expenses (2010 - 2026) Analysis & Trends
Nelnet (NNI) has reported Interest Expenses for 17 consecutive years, with $108.9 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Interest Expenses fell 18.03% year-over-year to $108.9 million in Q2 2026; TTM through Jun 2026 was $457.5 million, a 19.38% decrease from a year earlier, with the FY2025 full-year figure at $497.0 million, down 26.98% from the prior year.
- Interest Expenses was $108.9 million for Q2 2026 at Nelnet, down from $109.6 million in the prior quarter.
- Over five years, Interest Expenses peaked at $233.1 million in Q2 2023 and troughed at -$77.7 million in Q4 2022.
- A 5-year average of $134.0 million and a median of $129.7 million in 2022 frame the typical range for Interest Expenses.
- Across the five-year window, Interest Expenses tumbled 260.94% in 2022 and soared 364.19% in 2023, its largest moves.
- Over 5 years, Interest Expenses stood at -$77.7 million in 2022, then soared by 364.19% to $205.3 million in 2023, then tumbled by 31.25% to $141.2 million in 2024, then decreased by 16.22% to $118.3 million in 2025, then decreased by 7.92% to $108.9 million in 2026.
- The last three Interest Expenses figures came in at $108.9 million (Q2 2026), $109.6 million (Q1 2026), and $118.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | -467.75 Bn |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 2.35 Bn |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 1.16 Bn |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 828.00 Mn |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 1.33 Bn |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | 912.00 Mn |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | 471.00 Mn |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 809.00 Mn |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | 1.20 Bn |
| 10 | Nelnet | 4.54 Bn | 4.23 Bn | 90.97 Mn | 108.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 108.90 Mn |
| Mar 31, 2026 | 109.58 Mn |
| Dec 31, 2025 | 118.27 Mn |
| Sep 30, 2025 | 120.71 Mn |
| Jun 30, 2025 | 132.85 Mn |
| Mar 31, 2025 | 125.11 Mn |
| Dec 31, 2024 | 141.17 Mn |
| Sep 30, 2024 | 168.33 Mn |
| Jun 30, 2024 | 176.46 Mn |
| Mar 31, 2024 | 194.58 Mn |
| Dec 31, 2023 | 205.34 Mn |
| Sep 30, 2023 | 207.16 Mn |
| Jun 30, 2023 | 233.15 Mn |
| Mar 31, 2023 | 199.45 Mn |
| Dec 31, 2022 | -77.72 Mn |
| Sep 30, 2022 | 126.63 Mn |
| Jun 30, 2022 | 73.64 Mn |
| Mar 31, 2022 | 48.08 Mn |
| Dec 31, 2021 | 48.29 Mn |
| Sep 30, 2021 | 50.18 Mn |