Nelnet Inc (NNI) Net Margin (2010 - 2026)
Nelnet's Net Margin was 7.66% in Q2 2026, down 14.17 percentage points from 21.83% a year earlier but up 0.15 percentage points from the prior quarter.
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Analysis
Nelnet Inc (NNI) Net Margin (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Nelnet's Net Margin was 52.76% through Jun 30, 2026, down 12.71 percentage points year-over-year; for FY2025, it was 84.16%, up 46.37 percentage points from FY2024.
- Net Margin has now increased for three consecutive years, with a five-year change of +6.11 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was 37.79% in FY2024 (+20.45 pp), 17.34% in FY2023 (+3.21 pp), 14.13% in FY2022 (-1.56 pp) and 15.68% in FY2021 (-62.37 pp).
- Quarterly Net Margin has moved between -6.14% (Q4 2023) and 78.09% (Q3 2022) over five years.
- Compared with a year earlier, Net Margin was higher in two of the last six quarters, with an average year-over-year change of -10.92 percentage points.
- The best year-over-year quarter for Net Margin over five years was Q3 2022 (a gain of 67.68 percentage points); the worst was Q4 2021 (a drop of 104.92 percentage points).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.66% |
| Mar 31, 2026 | 7.51% |
| Sep 30, 2025 | 10.83% |
| Jun 30, 2025 | 21.83% |
| Mar 31, 2025 | 8.96% |
| Sep 30, 2024 | 0.30% |
| Jun 30, 2024 | 5.70% |
| Mar 31, 2024 | 19.06% |
| Dec 31, 2023 | -2.77% |
| Sep 30, 2023 | 13.85% |
| Jun 30, 2023 | 9.98% |
| Mar 31, 2023 | 7.99% |
| Dec 31, 2022 | 1.22% |
| Sep 30, 2022 | 26.52% |
| Jun 30, 2022 | 12.96% |
| Mar 31, 2022 | 25.09% |
| Dec 31, 2021 | 13.56% |
| Sep 30, 2021 | 10.42% |
| Jun 30, 2021 | 17.09% |
| Mar 31, 2021 | 23.42% |
API Access
Nelnet Inc Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=NNI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "NNI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=NNI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();