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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.

  • On a quarterly basis, Operating Expenses changed N/A to $264.1 million in Q4 2025 year-over-year; TTM through Dec 2025 was $927.1 million, a 41.9% increase, with the full-year FY2025 number at $927.1 million, up 1769.13% from a year prior.
  • Operating Expenses was $264.1 million for Q4 2025 at Nelnet, up from $225.7 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $264.1 million in Q4 2025 to a low of $171.8 million in Q2 2021.
  • A 5-year average of $209.7 million and a median of $212.2 million in 2023 define the central range for Operating Expenses.
  • Peak YoY movement for Operating Expenses: fell 9.55% in 2021, then grew 19.22% in 2022.
  • Nelnet's Operating Expenses stood at $199.3 million in 2021, then rose by 11.49% to $222.1 million in 2022, then dropped by 3.48% to $214.4 million in 2023, then increased by 3.3% to $221.5 million in 2024, then grew by 19.26% to $264.1 million in 2025.
  • Per Business Quant, the three most recent readings for NNI's Operating Expenses are $264.1 million (Q4 2025), $225.7 million (Q3 2025), and $219.3 million (Q2 2025).