Nelnet (NNI) Net Margin (2010 - 2026)
Nelnet (NNI) posted quarterly Net Margin of 132.84% for Q1 2026, up 425.12% quarter-over-quarter from 40.86% in Q4 2025.
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Nelnet (NNI) Net Margin (2010 - 2026) Analysis & Trends
Nelnet (NNI) has reported Net Margin for 17 consecutive years, with 132.84% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin changed N/A year-over-year to 132.84%; the TTM figure through Mar 2026 stood at 3892.42% (down 476257.0% YoY), while the FY2025 annual figure was 2771.87%, down 90067.0% from the prior year.
- Net Margin climbed to 132.84% in Q1 2026 per NNI's latest filing, from 40.86% in the prior quarter.
- Across five years, Net Margin topped out at 1754.53% in Q3 2025 and bottomed at 40.86% in Q4 2025.
- Historically, Net Margin has averaged 399.81% across 5 years, with a median of 115.9% in 2022.
- Annual changes were most pronounced in 2022 — Net Margin tumbled 906862 bps — and 2025, when it surged 176621 bps.
- Nelnet's Net Margin stood at 115.9% in 2022, then sank by 81 bps to 22.23% in 2023, then surged by 5856 bps to 1324.15% in 2024, then plunged by 103 bps to 40.86% in 2025, then surged by 425 bps to 132.84% in 2026.
- Business Quant data shows NNI's Net Margin at 132.84% in Q1 2026, 40.86% in Q4 2025, and 1754.53% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 680.39 Bn | 668.03 Bn | - | 48.38% |
| 2 | Mastercard | 518.33 Bn | 504.84 Bn | - | 47.30% |
| 3 | American Express | 224.91 Bn | 175.59 Bn | 17.99 Bn | 15.84% |
| 4 | Capital One Financial | 132.31 Bn | 77.60 Bn | - | 18.52% |
| 5 | PayPal Holdings | 46.25 Bn | 35.00 Bn | - | 12.72% |
| 6 | Affirm Holdings | 26.22 Bn | 24.59 Bn | - | 138.65% |
| 7 | Synchrony Financial | 25.37 Bn | 9.17 Bn | - | 17.93% |
| 8 | SoFi Technologies | 23.30 Bn | 20.18 Bn | 1.02 Bn | 12.85% |
| 9 | Ally Financial | 12.85 Bn | 5.01 Bn | 2.08 Bn | 16.05% |
| 10 | Nelnet | 4.59 Bn | 4.28 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% |