Nelnet Inc (NNI) Interest Expenses (2010 - 2026)
Nelnet's Interest Expenses was $108.9 million in Q2 2026, down 18.0% from $132.85 million a year earlier and down 0.6% from the prior quarter.
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Analysis
Nelnet Inc (NNI) Interest Expenses (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Nelnet's Interest Expenses was $457.47 million through Jun 30, 2026, down 19.4% year-over-year; for FY2025, it came in at $496.95 million, down 27.0% from FY2024.
- Interest Expenses shows a five-year compound annual growth rate of 8.5% (FY2020 to FY2025).
- In earlier years, Interest Expenses was $680.54 million in FY2024 (-19.5%), $845.09 million in FY2023 (+96.5%), $430.14 million in FY2022 (+144.1%) and $176.23 million in FY2021 (-46.6%).
- The Q2 2026 figure marks the lowest quarterly Interest Expenses since Q2 2022.
- Compared with a year earlier, Interest Expenses has declined for ten straight quarters, with an average decline of 23.2% over the last eight quarters.
- The best year-over-year quarter for Interest Expenses over five years was Q1 2023 (growth of 314.8%); the worst was Q1 2025 (a decline of 35.7%).
- Per Business Quant data, NNI's Interest Expenses in the three quarters before Q2 2026 was $109.58 million (Q1 2026), $118.27 million (Q4 2025) and $120.71 million (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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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 | 181.79 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 |
API Access
Nelnet Inc Interest Expenses 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=interest-expenses&ticker=NNI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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=interest-expenses&ticker=NNI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();