Nelnet (NNI) Non-Current Debt (2019 - 2026)
Nelnet's (NNI) quarterly Non-Current Debt came in at $7.0 billion in Q2 2026, down 10.89% year-over-year from $7.9 billion in Q2 2025, and down 8.52% quarter-over-quarter from $7.7 billion in Q1 2026.
Analysis
Nelnet (NNI) Non-Current Debt (2019 - 2026) Analysis & Trends
Nelnet (NNI) has reported Non-Current Debt for 8 consecutive years, with $7.0 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Non-Current Debt fell 10.89% year-over-year to $7.0 billion in Q2 2026; TTM through Jun 2026 was $7.0 billion, a 10.89% decrease from a year earlier, with the FY2025 full-year figure at $7.8 billion, down 6.36% from the prior year.
- Non-Current Debt was $7.0 billion for Q2 2026 at Nelnet, down from $7.7 billion in the prior quarter.
- Over five years, Non-Current Debt peaked at $16.7 billion in Q1 2022 and troughed at $7.0 billion in Q2 2026.
- A 5-year average of $11.0 billion and a median of $10.1 billion in 2024 frame the typical range for Non-Current Debt.
- Across the five-year window, Non-Current Debt dropped 29.75% in 2024 and retreated 6.36% in 2025, its largest moves.
- Over 5 years, Non-Current Debt stood at $14.6 billion in 2022, then declined by 19.19% to $11.8 billion in 2023, then retreated by 29.75% to $8.3 billion in 2024, then retreated by 6.36% to $7.8 billion in 2025, then declined by 9.48% to $7.0 billion in 2026.
- The last three Non-Current Debt figures came in at $7.0 billion (Q2 2026), $7.7 billion (Q1 2026), and $7.8 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | 427.98 Bn |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 42.98 Bn |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 17.64 Bn |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 13.57 Bn |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 18.74 Bn |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | 15.19 Bn |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | 4.63 Bn |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 10.97 Bn |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | 32.04 Bn |
| 10 | Nelnet | 4.54 Bn | 4.23 Bn | 90.97 Mn | 7.04 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.04 Bn |
| Mar 31, 2026 | 7.70 Bn |
| Dec 31, 2025 | 7.78 Bn |
| Sep 30, 2025 | 7.82 Bn |
| Jun 30, 2025 | 7.90 Bn |
| Mar 31, 2025 | 8.66 Bn |
| Dec 31, 2024 | 8.31 Bn |
| Sep 30, 2024 | 8.94 Bn |
| Jun 30, 2024 | 9.57 Bn |
| Mar 31, 2024 | 10.58 Bn |
| Dec 31, 2023 | 11.83 Bn |
| Sep 30, 2023 | 12.45 Bn |
| Jun 30, 2023 | 13.07 Bn |
| Mar 31, 2023 | 13.44 Bn |
| Dec 31, 2022 | 14.64 Bn |
| Sep 30, 2022 | 15.04 Bn |
| Jun 30, 2022 | 16.12 Bn |
| Mar 31, 2022 | 16.74 Bn |
| Dec 31, 2021 | 17.63 Bn |
| Sep 30, 2021 | 18.61 Bn |