Nelnet (NNI) Operating Margin (2017 - 2026)
Nelnet's (NNI) quarterly Operating Margin came in at 127.67% in Q2 2026, up 454.0% year-over-year from 23.05% in Q2 2025, and down 49.84% quarter-over-quarter from 85.21% in Q1 2026.
Analysis
Nelnet (NNI) Operating Margin (2017 - 2026) Analysis & Trends
Nelnet (NNI) has reported Operating Margin for 10 consecutive years, with 127.67% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Margin rose 454.0% year-over-year to 127.67% in Q2 2026; TTM through Jun 2026 was 115.59%, a 1652.0% increase from a year earlier, with the FY2025 full-year figure at 126.55%, up 658.0% from the prior year.
- Operating Margin was 127.67% for Q2 2026 at Nelnet, down from 85.21% in the prior quarter.
- Over five years, Operating Margin peaked at 77.03% in Q1 2022 and troughed at 1022.45% in Q4 2022.
- A 5-year average of 165.43% and a median of 110.03% in 2023 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin sank 97095 bps in 2022 and surged 87303 bps in 2023, its largest moves.
- Over 5 years, Operating Margin stood at 1022.45% in 2022, then soared by 85 bps to 149.42% in 2023, then retreated by 17 bps to 175.52% in 2024, then slipped by 1 bps to 177.61% in 2025, then gained by 28 bps to 127.67% in 2026.
- The last three Operating Margin figures came in at 127.67% (Q2 2026), 85.21% (Q1 2026), and 177.61% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 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 | -2,056.76% |
| 10 | Nelnet | 4.54 Bn | 4.23 Bn | 90.97 Mn | -127.67% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -127.67% |
| Mar 31, 2026 | -85.21% |
| Dec 31, 2025 | -177.61% |
| Sep 30, 2025 | -89.16% |
| Jun 30, 2025 | -132.22% |
| Mar 31, 2025 | -87.00% |
| Dec 31, 2024 | -175.52% |
| Sep 30, 2024 | -148.42% |
| Jun 30, 2024 | -124.84% |
| Mar 31, 2024 | -95.30% |
| Dec 31, 2023 | -149.42% |
| Sep 30, 2023 | -107.90% |
| Jun 30, 2023 | -112.17% |
| Mar 31, 2023 | -91.14% |
| Dec 31, 2022 | -1,022.45% |
| Sep 30, 2022 | -92.61% |
| Jun 30, 2022 | -82.14% |
| Mar 31, 2022 | -77.03% |
| Dec 31, 2021 | -51.49% |
| Sep 30, 2021 | -90.44% |