Nelnet (NNI) Non-Current Debt (2019 - 2026)

Nelnet (NNI) posted quarterly Non-Current Debt of $7.7 billion for Q1 2026, up 967.43% year-over-year from $721.3 million in Q1 2025, and down 1.05% quarter-over-quarter from $7.8 billion in Q4 2025.

Nelnet (NNI) Non-Current Debt (2019 - 2026) Analysis & Trends

Nelnet (NNI) has reported Non-Current Debt for 8 consecutive years, with $7.7 billion the latest figure, recorded in Q1 2026.

  • In Q1 2026, Non-Current Debt rose 967.43% year-over-year to $7.7 billion; the TTM figure through Mar 2026 stood at $7.7 billion (up 967.43% YoY), while the FY2025 annual figure was $7.8 billion, down 6.36% from the prior year.
  • Non-Current Debt retreated to $7.7 billion in Q1 2026 per NNI's latest filing, from $7.8 billion in the prior quarter.
  • Across five years, Non-Current Debt topped out at $16.7 billion in Q1 2022 and bottomed at $721.3 million in Q1 2025.
  • Historically, Non-Current Debt has averaged $10.7 billion across 5 years, with a median of $10.6 billion in 2024.
  • Annual changes were most pronounced in 2025 — Non-Current Debt plunged 93.18% — and 2026, when it surged 967.43%.
  • Nelnet's Non-Current Debt stood at $14.6 billion in 2022, then retreated by 19.19% to $11.8 billion in 2023, then slipped by 29.75% to $8.3 billion in 2024, then slipped by 6.36% to $7.8 billion in 2025, then fell by 1.05% to $7.7 billion in 2026.
  • Business Quant data shows NNI's Non-Current Debt at $7.7 billion in Q1 2026, $7.8 billion in Q4 2025, and $7.8 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non-Current Debt (Qtr)
1 Visa 618.21 Bn 605.85 Bn - 20.86 Bn
2 Mastercard 506.53 Bn 493.04 Bn - 22.18 Bn
3 American Express 232.32 Bn 183.00 Bn 17.99 Bn 57.02 Bn
4 Capital One Financial 136.19 Bn 81.48 Bn - 35.62 Bn
5 PayPal Holdings 52.34 Bn 41.08 Bn - 12.73 Bn
6 Eason Technology 35.89 Bn 35.89 Bn - -
7 Synchrony Financial 26.09 Bn 9.90 Bn - 16.43 Bn
8 Affirm Holdings 25.93 Bn 24.20 Bn - 2.42 Bn
9 SoFi Technologies 23.04 Bn 22.68 Bn -41.62 Mn -
10 Nelnet 4.86 Bn 4.62 Bn -10.19 Mn 7.70 Bn

Historic Data

Download Data
DateValue
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 721.30 Mn
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
Jun 30, 2021 19.38 Bn