Nelnet Inc (NNI) Operating Margin (2013 - 2026)
Nelnet's Operating Margin was 65.39% in Q2 2026, down 0.88 percentage points from 66.28% a year earlier and down 4.40 percentage points from the prior quarter.
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Analysis
Nelnet Inc (NNI) Operating Margin (2013 - 2026) Analysis & Trends
On a trailing twelve-month basis, Nelnet's Operating Margin was -107.75% through Jun 30, 2026, up 20.31 percentage points year-over-year; for FY2025, it was -126.55%, up 6.58 percentage points from FY2024.
- Operating Margin shows a five-year change of -30.32 percentage points (FY2020 to FY2025).
- In earlier years, Operating Margin was -133.13% in FY2024 (-18.40 pp), -114.73% in FY2023 (-179.91 pp), 65.18% in FY2022 (-1.52 pp) and 66.70% in FY2021 (+162.93 pp).
- The Q2 2026 figure marks the lowest quarterly Operating Margin since Q3 2024.
- Compared with a year earlier, Operating Margin was higher in three of the last six quarters, with an average year-over-year change of +57.10 percentage points.
- The best year-over-year quarter for Operating Margin over five years was Q2 2024 (a gain of 178.93 percentage points); the worst was Q2 2023 (a drop of 177.55 percentage points).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 65.39% |
| Mar 31, 2026 | 69.79% |
| Sep 30, 2025 | 70.99% |
| Jun 30, 2025 | 66.28% |
| Mar 31, 2025 | 70.11% |
| Sep 30, 2024 | 63.38% |
| Jun 30, 2024 | 66.77% |
| Mar 31, 2024 | 27.21% |
| Dec 31, 2023 | -12.64% |
| Sep 30, 2023 | 16.98% |
| Jun 30, 2023 | 5.84% |
| Mar 31, 2023 | 19.76% |
| Dec 31, 2022 | 88.91% |
| Sep 30, 2022 | 34.60% |
| Jun 30, 2022 | 65.38% |
| Mar 31, 2022 | 67.55% |
| Dec 31, 2021 | 76.72% |
| Sep 30, 2021 | 58.06% |
| Jun 30, 2021 | 60.58% |
| Mar 31, 2021 | 62.16% |
API Access
Nelnet Inc Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=NNI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "NNI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=NNI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();