Nelnet (NNI) Operating Income (2017 - 2026)
Nelnet's (NNI) quarterly Operating Income came in at -$168.8 million in Q2 2026, down 5.78% year-over-year from -$179.2 million in Q2 2025, and down 28.31% quarter-over-quarter from -$131.6 million in Q1 2026.
Analysis
Nelnet (NNI) Operating Income (2017 - 2026) Analysis & Trends
Nelnet (NNI) has reported Operating Income for 10 consecutive years, with -$168.8 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Income fell 5.78% year-over-year to -$168.8 million in Q2 2026; TTM through Jun 2026 was -$638.0 million, a 2.34% increase from a year earlier, with the FY2025 full-year figure at -$644.3 million, up 0.62% from the prior year.
- Operating Income was -$168.8 million for Q2 2026 at Nelnet, down from -$131.6 million in the prior quarter.
- Over five years, Operating Income peaked at -$102.6 million in Q2 2022 and troughed at -$250.9 million in Q4 2022.
- A 5-year average of -$152.8 million and a median of -$137.4 million in 2023 frame the typical range for Operating Income.
- Across the five-year window, Operating Income plunged 224.02% in 2022 and climbed 23.3% in 2023, its largest moves.
- Over 5 years, Operating Income stood at -$250.9 million in 2022, then rose by 23.3% to -$192.5 million in 2023, then climbed by 1.21% to -$190.2 million in 2024, then declined by 6.72% to -$202.9 million in 2025, then advanced by 16.8% to -$168.8 million in 2026.
- The last three Operating Income figures came in at -$168.8 million (Q2 2026), -$131.6 million (Q1 2026), and -$202.9 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | 40.42 Bn |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | - |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | - |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | - |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | - |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | - |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | - |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | - |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | -1.52 Bn |
| 10 | Nelnet | 4.54 Bn | 4.23 Bn | 90.97 Mn | -168.84 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -168.84 Mn |
| Mar 31, 2026 | -131.59 Mn |
| Dec 31, 2025 | -202.93 Mn |
| Sep 30, 2025 | -134.68 Mn |
| Jun 30, 2025 | -159.62 Mn |
| Mar 31, 2025 | -128.18 Mn |
| Dec 31, 2024 | -190.15 Mn |
| Sep 30, 2024 | -175.40 Mn |
| Jun 30, 2024 | -145.95 Mn |
| Mar 31, 2024 | -136.79 Mn |
| Dec 31, 2023 | -192.48 Mn |
| Sep 30, 2023 | -137.99 Mn |
| Jun 30, 2023 | -136.86 Mn |
| Mar 31, 2023 | -126.90 Mn |
| Dec 31, 2022 | -250.94 Mn |
| Sep 30, 2022 | -124.28 Mn |
| Jun 30, 2022 | -102.57 Mn |
| Mar 31, 2022 | -105.05 Mn |
| Dec 31, 2021 | -77.45 Mn |
| Sep 30, 2021 | -101.61 Mn |