Nelnet (NNI) Net Income (2010 - 2026)

Nelnet (NNI) posted quarterly Net Income of $55.6 million for Q1 2026, down 31.47% year-over-year from $81.1 million in Q1 2025, and up 43.72% quarter-over-quarter from $38.7 million in Q4 2025.

Nelnet (NNI) Net Income (2010 - 2026) Analysis & Trends

Nelnet (NNI) has reported Net Income for 17 consecutive years, with $55.6 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Net Income fell 31.47% year-over-year to $55.6 million; the TTM figure through Mar 2026 stood at $372.8 million (up 100.13% YoY), while the FY2025 annual figure was $398.3 million, up 126.44% from the prior year.
  • Net Income climbed to $55.6 million in Q1 2026 per NNI's latest filing, from $38.7 million in the prior quarter.
  • Across five years, Net Income topped out at $184.9 million in Q1 2022 and bottomed at -$29.7 million in Q4 2023.
  • Historically, Net Income has averaged $62.9 million across 5 years, with a median of $55.6 million in 2026.
  • Annual changes were most pronounced in 2023 — Net Income sank 244.99% — and 2025, when it surged 5286.76%.
  • Nelnet's Net Income stood at $20.5 million in 2022, then tumbled by 244.99% to -$29.7 million in 2023, then jumped by 313.53% to $63.4 million in 2024, then tumbled by 39.01% to $38.7 million in 2025, then soared by 43.72% to $55.6 million in 2026.
  • Business Quant data shows NNI's Net Income at $55.6 million in Q1 2026, $38.7 million in Q4 2025, and $100.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Visa 618.21 Bn 605.85 Bn - 5.63 Bn
2 Mastercard 506.53 Bn 493.04 Bn - 4.39 Bn
3 American Express 232.32 Bn 183.00 Bn 17.99 Bn 3.11 Bn
4 Capital One Financial 136.19 Bn 81.48 Bn - -
5 PayPal Holdings 52.34 Bn 41.08 Bn - 1.10 Bn
6 Eason Technology 35.89 Bn 35.89 Bn - -
7 Synchrony Financial 26.09 Bn 9.90 Bn - 885.00 Mn
8 Affirm Holdings 25.93 Bn 24.20 Bn - 102.90 Mn
9 SoFi Technologies 23.04 Bn 22.68 Bn -41.62 Mn 166.73 Mn
10 Nelnet 4.86 Bn 4.62 Bn -10.19 Mn 55.60 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 55.60 Mn
Dec 31, 2025 38.69 Mn
Sep 30, 2025 100.68 Mn
Jun 30, 2025 177.85 Mn
Mar 31, 2025 81.13 Mn
Dec 31, 2024 63.43 Mn
Sep 30, 2024 -1.94 Mn
Jun 30, 2024 43.68 Mn
Mar 31, 2024 70.76 Mn
Dec 31, 2023 -29.70 Mn
Sep 30, 2023 39.61 Mn
Jun 30, 2023 17.24 Mn
Mar 31, 2023 23.02 Mn
Dec 31, 2022 20.49 Mn
Sep 30, 2022 100.47 Mn
Jun 30, 2022 82.90 Mn
Mar 31, 2022 184.89 Mn
Dec 31, 2021 129.15 Mn
Sep 30, 2021 51.22 Mn
Jun 30, 2021 83.01 Mn