Nelnet (NNI) Interest Expenses (2010 - 2026)

Nelnet (NNI) posted quarterly Interest Expenses of $109.6 million for Q1 2026, down 12.41% YoY from $125.1 million in Q1 2025, and down 7.35% sequentially from $118.3 million in Q4 2025.

Nelnet (NNI) Interest Expenses (2010 - 2026) Analysis & Trends

Nelnet has disclosed Interest Expenses across 17 years of filings, most recently posting $109.6 million for Q1 2026.

  • In Q1 2026, Interest Expenses fell 12.41% year-over-year to $109.6 million; the TTM figure through Mar 2026 stood at $481.4 million (down 21.22% YoY), while the FY2025 annual figure was $497.0 million, down 26.98% from the prior year.
  • Interest Expenses slipped to $109.6 million in Q1 2026, from $118.3 million in the prior quarter.
  • Over the last five years, Interest Expenses for NNI reached as high as $233.1 million in Q2 2023 and fell as low as $48.1 million in Q1 2022.
  • The 5-year median for Interest Expenses is $141.2 million (2024), against an average of $150.7 million.
  • Annual changes were most pronounced in 2023 — Interest Expenses soared 314.84% — and 2025, when it slumped 35.7%.
  • A 5-year view of Interest Expenses shows it stood at $181.8 million in 2022, then advanced by 12.95% to $205.3 million in 2023, then plunged by 31.25% to $141.2 million in 2024, then slipped by 16.22% to $118.3 million in 2025, then decreased by 7.35% to $109.6 million in 2026.
  • According to Business Quant data, Interest Expenses over the past three periods registered $109.6 million, $118.3 million, and $120.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Int Expense (Qtr)
1 Visa 587.74 Bn 575.34 Bn - 178.00 Mn
2 Mastercard 465.55 Bn 455.34 Bn - 185.00 Mn
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn 1.97 Bn
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn -
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn 113.76 Mn
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn 308.01 Mn
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn 1.52 Bn
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn 113.80 Mn
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn -
10 Nelnet 4.85 Bn 4.49 Bn 4.07 Mn 109.58 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 109.58 Mn
Mar 31, 2026 109.58 Mn
Dec 31, 2025 118.27 Mn
Dec 31, 2025 118.27 Mn
Sep 30, 2025 120.71 Mn
Sep 30, 2025 120.71 Mn
Jun 30, 2025 132.85 Mn
Jun 30, 2025 132.85 Mn
Mar 31, 2025 125.11 Mn
Mar 31, 2025 125.11 Mn
Dec 31, 2024 141.17 Mn
Dec 31, 2024 141.17 Mn
Sep 30, 2024 168.33 Mn
Sep 30, 2024 168.33 Mn
Jun 30, 2024 176.46 Mn
Jun 30, 2024 176.46 Mn
Mar 31, 2024 194.58 Mn
Mar 31, 2024 194.58 Mn
Dec 31, 2023 205.34 Mn
Dec 31, 2023 205.34 Mn