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Nelnet (NNI) Operating Expenses (2016 - 2025)

Nelnet (NNI) has disclosed Operating Expenses for 10 consecutive years, with $264.1 million as the latest value for Q4 2025.

  • Quarterly Operating Expenses rose 14.96% to $264.1 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $927.1 million through Dec 2025, up 5.0% year-over-year, with the annual reading at $927.1 million for FY2025, 5.0% up from the prior year.
  • Operating Expenses for Q4 2025 was $264.1 million at Nelnet, up from $225.7 million in the prior quarter.
  • The five-year high for Operating Expenses was $264.1 million in Q4 2025, with the low at $171.8 million in Q2 2021.
  • Average Operating Expenses over 5 years is $213.2 million, with a median of $214.4 million recorded in 2023.
  • The sharpest move saw Operating Expenses increased 19.22% in 2022, then decreased 11.13% in 2024.
  • Over 5 years, Operating Expenses stood at $199.3 million in 2021, then grew by 11.49% to $222.1 million in 2022, then increased by 16.38% to $258.5 million in 2023, then fell by 11.13% to $229.8 million in 2024, then grew by 14.96% to $264.1 million in 2025.
  • According to Business Quant data, Operating Expenses over the past three periods came in at $264.1 million, $225.7 million, and $219.3 million for Q4 2025, Q3 2025, and Q2 2025 respectively.