Nelnet (NNI) Loans - Net (2010 - 2026)
Nelnet's (NNI) quarterly Loans - Net came in at $9.8 billion in Q2 2026, down 3.48% year-over-year from $10.2 billion in Q2 2025, and down 2.07% quarter-over-quarter from $10.0 billion in Q1 2026.
Analysis
Nelnet (NNI) Loans - Net (2010 - 2026) Analysis & Trends
Nelnet (NNI) has reported Loans - Net for 17 consecutive years, with $9.8 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Loans - Net fell 3.48% year-over-year to $9.8 billion in Q2 2026; TTM through Jun 2026 was $9.8 billion, a 3.48% decrease from a year earlier, with the FY2025 full-year figure at $10.0 billion, changed 0.14% from the prior year.
- Loans - Net was $9.8 billion for Q2 2026 at Nelnet, down from $10.0 billion in the prior quarter.
- Over five years, Loans - Net peaked at $17.6 billion in Q1 2022 and troughed at $9.8 billion in Q2 2026.
- A 5-year average of $12.5 billion and a median of $11.4 billion in 2024 frame the typical range for Loans - Net.
- Across the five-year window, Loans - Net dropped 23.82% in 2024 and advanced 0.14% in 2025, its largest moves.
- Over 5 years, Loans - Net stood at $15.2 billion in 2022, then slipped by 14.01% to $13.1 billion in 2023, then retreated by 23.77% to $10.0 billion in 2024, then increased by 0.14% to $10.0 billion in 2025, then declined by 2.04% to $9.8 billion in 2026.
- The last three Loans - Net figures came in at $9.8 billion (Q2 2026), $10.0 billion (Q1 2026), and $10.0 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Loans - Net (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | - |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 324.81 Bn |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 175.61 Bn |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 141.02 Bn |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 186.17 Bn |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | 145.52 Bn |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | 97.71 Bn |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 108.99 Bn |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | 149.55 Bn |
| 10 | Nelnet | 4.54 Bn | 4.23 Bn | 90.97 Mn | 9.80 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.80 Bn |
| Mar 31, 2026 | 10.01 Bn |
| Dec 31, 2025 | 10.01 Bn |
| Sep 30, 2025 | 10.23 Bn |
| Jun 30, 2025 | 10.16 Bn |
| Mar 31, 2025 | 10.42 Bn |
| Dec 31, 2024 | 9.99 Bn |
| Sep 30, 2024 | 10.57 Bn |
| Jun 30, 2024 | 10.94 Bn |
| Mar 31, 2024 | 11.83 Bn |
| Dec 31, 2023 | 13.11 Bn |
| Sep 30, 2023 | 13.87 Bn |
| Jun 30, 2023 | 14.36 Bn |
| Mar 31, 2023 | 14.56 Bn |
| Dec 31, 2022 | 15.24 Bn |
| Sep 30, 2022 | 15.88 Bn |
| Jun 30, 2022 | 16.92 Bn |
| Mar 31, 2022 | 17.62 Bn |
| Dec 31, 2021 | 18.34 Bn |
| Sep 30, 2021 | 19.30 Bn |