Nelnet (NNI) Operating Expenses (2010 - 2026)

Nelnet (NNI) has reported Operating Expenses for 17 consecutive years, with $259.8 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Operating Expenses rose 15.68% year-over-year to $259.8 million in Q2 2026; TTM through Jun 2026 was $983.7 million, a 10.07% increase from a year earlier, with the FY2025 full-year figure at $927.1 million, up 5.0% from the prior year.
• Operating Expenses was $259.8 million for Q2 2026 at Nelnet, up from $234.0 million in the prior quarter.
• Over five years, Operating Expenses peaked at $264.1 million in Q4 2025 and troughed at $196.6 million in Q2 2022.
• A 5-year average of $224.2 million and a median of $219.6 million in 2024 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses climbed 19.22% in 2022 and slipped 11.13% in 2024, its largest moves.
• Over 5 years, Operating Expenses stood at $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 gained by 14.96% to $264.1 million in 2025, then decreased by 1.64% to $259.8 million in 2026.
• The last three Operating Expenses figures came in at $259.8 million (Q2 2026), $234.0 million (Q1 2026), and $264.1 million (Q4 2025), per Business Quant data.