Nelnet (NNI) Net Income (2010 - 2026)
Nelnet's (NNI) quarterly Net Income came in at $45.5 million in Q2 2026, down 74.43% year-over-year from $177.9 million in Q2 2025, and down 18.22% quarter-over-quarter from $55.6 million in Q1 2026.
Analysis
Nelnet (NNI) Net Income (2010 - 2026) Analysis & Trends
Nelnet (NNI) has reported Net Income for 17 consecutive years, with $45.5 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Income fell 74.43% year-over-year to $45.5 million in Q2 2026; TTM through Jun 2026 was $240.4 million, a 24.97% decrease from a year earlier, with the FY2025 full-year figure at $398.3 million, up 126.44% from the prior year.
- Net Income was $45.5 million for Q2 2026 at Nelnet, down from $55.6 million in the prior quarter.
- Over five years, Net Income peaked at $184.9 million in Q1 2022 and troughed at -$29.7 million in Q4 2023.
- A 5-year average of $61.9 million and a median of $50.5 million in 2026 frame the typical range for Net Income.
- Across the five-year window, Net Income slumped 244.99% in 2023 and jumped 5286.76% in 2025, its largest moves.
- Over 5 years, Net Income stood at $20.5 million in 2022, then tumbled by 244.99% to -$29.7 million in 2023, then surged by 313.53% to $63.4 million in 2024, then tumbled by 39.01% to $38.7 million in 2025, then rose by 17.54% to $45.5 million in 2026.
- The last three Net Income figures came in at $45.5 million (Q2 2026), $55.6 million (Q1 2026), and $38.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | 1,501.25 Bn |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 1.55 Bn |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 801.00 Mn |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 818.00 Mn |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 731.00 Mn |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | 587.00 Mn |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | 570.00 Mn |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 509.00 Mn |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | 672.00 Mn |
| 10 | Nelnet | 4.54 Bn | 4.23 Bn | 90.97 Mn | 45.47 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 45.47 Mn |
| 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 |