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| Date | Value |
|---|---|
| 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 |