Nelnet (NNI) Net Margin (2010 - 2026)
Nelnet's (NNI) quarterly Net Margin came in at 34.38% in Q2 2026, down 11294.0% year-over-year from N/an in Q2 2025, and down 4.49% quarter-over-quarter from 36.0% in Q1 2026.
Analysis
Nelnet (NNI) Net Margin (2010 - 2026) Analysis & Trends
Nelnet (NNI) has reported Net Margin for 17 consecutive years, with 34.38% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Margin fell 11294.0% year-over-year to 34.38% in Q2 2026; TTM through Jun 2026 was 43.56%, a 2124.0% decrease from a year earlier, with the FY2025 full-year figure at 78.25%, up 4212.0% from the prior year.
- Net Margin was 34.38% for Q2 2026 at Nelnet, down from 36.0% in the prior quarter.
- Over five years, Net Margin peaked at 147.32% in Q2 2025 and troughed at 23.06% in Q4 2023.
- A 5-year average of 50.87% and a median of 43.33% in 2024 frame the typical range for Net Margin.
- Across the five-year window, Net Margin slumped 11905 bps in 2023 and jumped 10996 bps in 2025, its largest moves.
- Over 5 years, Net Margin stood at 83.47% in 2022, then plunged by 128 bps to 23.06% in 2023, then soared by 354 bps to 58.55% in 2024, then slumped by 42 bps to 33.86% in 2025, then gained by 2 bps to 34.38% in 2026.
- The last three Net Margin figures came in at 34.38% (Q2 2026), 36.0% (Q1 2026), and 33.86% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | - |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 28.85% |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 23.30% |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 30.85% |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 24.18% |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | 24.27% |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | 28.79% |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 24.18% |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | 864.86% |
| 10 | Nelnet | 4.54 Bn | 4.23 Bn | 90.97 Mn | 34.38% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 34.38% |
| Mar 31, 2026 | 36.00% |
| Dec 31, 2025 | 33.86% |
| Sep 30, 2025 | 66.65% |
| Jun 30, 2025 | 147.32% |
| Mar 31, 2025 | 55.07% |
| Dec 31, 2024 | 58.55% |
| Sep 30, 2024 | -1.64% |
| Jun 30, 2024 | 37.36% |
| Mar 31, 2024 | 49.29% |
| Dec 31, 2023 | -23.06% |
| Sep 30, 2023 | 30.97% |
| Jun 30, 2023 | 14.13% |
| Mar 31, 2023 | 16.53% |
| Dec 31, 2022 | 83.47% |
| Sep 30, 2022 | 74.87% |
| Jun 30, 2022 | 66.39% |
| Mar 31, 2022 | 135.58% |
| Dec 31, 2021 | 85.87% |
| Sep 30, 2021 | 45.59% |