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| Date | Value |
|---|---|
| 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 |