Nelnet (NNI) Operating Income (2017 - 2026)
Nelnet (NNI) reported Operating Income of -$229.9 million for Q1 2026, up 16.55% year-over-year from -$197.3 million in Q1 2025, and up 27.51% quarter-over-quarter from -$317.2 million in Q4 2025.
Nelnet (NNI) Operating Income (2017 - 2026) Analysis & Trends
Nelnet (NNI) has 10 years of Operating Income data on file, last reported at -$229.9 million in Q1 2026.
- Operating Income for Q1 2026 came in at -$229.9 million, up 16.55% year-over-year; the trailing twelve-month figure through Mar 2026 was -$1.1 billion (up 2.51% YoY), and the FY2025 annual result was -$1.2 billion, down 1.59% from the prior year.
- Operating Income improved to -$229.9 million in Q1 2026 per NNI's latest filing, from -$317.2 million in the prior quarter.
- Over five years, Operating Income peaked at -$102.6 million in Q2 2022 and troughed at -$317.2 million in Q4 2025.
- A 5-year average of -$245.0 million and a median of -$259.6 million in 2023 frame the typical range for Operating Income.
- On a YoY basis, Operating Income climbed as much as 47.44% in 2023 and fell as far as 150.06% in 2023.
- A 5-year view of Operating Income shows it stood at -$250.9 million in 2022, then fell by 19.68% to -$300.3 million in 2023, then gained by 0.61% to -$298.5 million in 2024, then declined by 6.26% to -$317.2 million in 2025, then gained by 27.51% to -$229.9 million in 2026.
- Business Quant data shows NNI's Operating Income at -$229.9 million in Q1 2026, -$317.2 million in Q4 2025, and -$280.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 541.66 Bn | 529.25 Bn | - | 7.23 Bn |
| 2 | Mastercard | 437.55 Bn | 427.34 Bn | - | 4.91 Bn |
| 3 | American Express | 212.80 Bn | 158.76 Bn | 17.43 Bn | 3.55 Bn |
| 4 | Capital One Financial | 112.47 Bn | 35.97 Bn | - | - |
| 5 | PayPal Holdings | 37.70 Bn | 28.36 Bn | 7.84 Bn | 1.49 Bn |
| 6 | Synchrony Financial | 24.26 Bn | 3.70 Bn | - | - |
| 7 | Affirm Holdings | 21.24 Bn | 19.51 Bn | 261.64 Mn | 88.43 Mn |
| 8 | SoFi Technologies | 20.46 Bn | 17.06 Bn | 929.25 Mn | 37.32 Mn |
| 9 | Ally Financial | 13.30 Bn | 12.86 Bn | 1.98 Bn | 746.00 Mn |
| 10 | Nelnet | 4.66 Bn | 4.29 Bn | 4.07 Mn | -229.91 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -229.91 Mn |
| Dec 31, 2025 | -317.18 Mn |
| Sep 30, 2025 | -279.99 Mn |
| Jun 30, 2025 | -275.03 Mn |
| Mar 31, 2025 | -275.51 Mn |
| Dec 31, 2024 | -298.49 Mn |
| Sep 30, 2024 | -293.58 Mn |
| Jun 30, 2024 | -262.86 Mn |
| Mar 31, 2024 | -136.79 Mn |
| Dec 31, 2023 | -300.33 Mn |
| Sep 30, 2023 | -259.59 Mn |
| Jun 30, 2023 | -256.48 Mn |
| Mar 31, 2023 | -126.90 Mn |
| Dec 31, 2022 | -250.94 Mn |
| Sep 30, 2022 | -257.07 Mn |
| Jun 30, 2022 | -102.57 Mn |
| Mar 31, 2022 | -241.41 Mn |
| Dec 31, 2021 | -227.85 Mn |
| Sep 30, 2021 | -190.34 Mn |
| Jun 30, 2021 | -193.47 Mn |