Nelnet (NNI) Interest Expenses (2010 - 2026)

Nelnet (NNI) has reported Interest Expenses for 17 consecutive years, with $109.6 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Interest Expenses rose 126.85% year-over-year to $109.6 million; the TTM figure through Mar 2026 stood at $706.9 million (down 24.38% YoY), while the FY2025 annual figure was $497.0 million, down 26.98% from the prior year.
• Interest Expenses eased to $109.6 million in Q1 2026 per NNI's latest filing, from $343.8 million in the prior quarter.
• Across five years, Interest Expenses topped out at $541.7 million in Q4 2024 and bottomed at $36.9 million in Q2 2022.
• Historically, Interest Expenses has averaged $184.2 million across 5 years, with a median of $168.3 million in 2024.
• Annual changes were most pronounced in 2022 — Interest Expenses surged 779.85% — and 2025, when it plunged 75.17%.
• Nelnet's Interest Expenses stood at $424.9 million in 2022, then plunged by 51.68% to $205.3 million in 2023, then jumped by 163.82% to $541.7 million in 2024, then tumbled by 36.54% to $343.8 million in 2025, then sank by 68.12% to $109.6 million in 2026.
• Business Quant data shows NNI's Interest Expenses at $109.6 million in Q1 2026, $343.8 million in Q4 2025, and $120.7 million in Q3 2025.