Nelnet (NNI) Shares Outstanding (2009 - 2026)
Nelnet (NNI) reported Shares Outstanding of $25.3 million for Q1 2026, down 1.41% year-over-year from $25.7 million in Q1 2025, and little changed quarter-over-quarter from $25.3 million in Q4 2025.
Nelnet (NNI) Shares Outstanding (2009 - 2026) Analysis & Trends
Nelnet (NNI) has 16 years of Shares Outstanding data on file, last reported at $25.3 million in Q1 2026.
- Shares Outstanding for Q1 2026 came in at $25.3 million, down 1.41% year-over-year; the trailing twelve-month figure through Mar 2026 was $25.3 million (down 1.41% YoY), and the FY2025 annual result was $25.3 million, down 1.46% from the prior year.
- Shares Outstanding held at $25.3 million in Q1 2026 per NNI's latest filing, from $25.3 million in the prior quarter.
- Over five years, Shares Outstanding peaked at $26.7 million in Q3 2023 and troughed at $10.7 million in Q4 2024.
- A 5-year average of $20.2 million and a median of $25.4 million in 2025 frame the typical range for Shares Outstanding.
- The sharpest annual moves came in 2023 and 2024: Shares Outstanding surged 149.62% in 2023, then slumped 59.98% in 2024.
- A 5-year view of Shares Outstanding shows it stood at $26.5 million in 2022, then fell by 0.23% to $26.4 million in 2023, then slipped by 2.9% to $25.6 million in 2024, then declined by 1.46% to $25.3 million in 2025, then climbed by 0.3% to $25.3 million in 2026.
- Business Quant data shows NNI's Shares Outstanding at $25.3 million in Q1 2026, $25.3 million in Q4 2025, and $10.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 541.66 Bn | 529.25 Bn | - | 1.79 Bn |
| 2 | Mastercard | 437.55 Bn | 427.34 Bn | - | 880.30 Mn |
| 3 | American Express | 212.80 Bn | 158.76 Bn | 17.43 Bn | 682.00 Mn |
| 4 | Capital One Financial | 112.47 Bn | 35.97 Bn | - | 712.70 Mn |
| 5 | PayPal Holdings | 37.70 Bn | 28.36 Bn | 7.84 Bn | 892.00 Mn |
| 6 | Synchrony Financial | 24.26 Bn | 3.70 Bn | - | 834.00 Mn |
| 7 | Affirm Holdings | 21.24 Bn | 19.51 Bn | 261.64 Mn | 294.23 Mn |
| 8 | SoFi Technologies | 20.46 Bn | 17.06 Bn | 929.25 Mn | 1.28 Bn |
| 9 | Ally Financial | 13.30 Bn | 12.86 Bn | 1.98 Bn | 307.41 Mn |
| 10 | Nelnet | 4.66 Bn | 4.29 Bn | 4.07 Mn | 25.33 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.33 Mn |
| Mar 31, 2026 | 25.33 Mn |
| Mar 31, 2026 | 25.33 Mn |
| Mar 31, 2026 | 25.33 Mn |
| Mar 31, 2026 | 25.33 Mn |
| Mar 31, 2026 | 25.33 Mn |
| Mar 31, 2026 | 25.33 Mn |
| Mar 31, 2026 | 25.33 Mn |
| Dec 31, 2025 | 25.26 Mn |
| Dec 31, 2025 | 25.26 Mn |
| Dec 31, 2025 | 25.26 Mn |
| Dec 31, 2025 | 25.26 Mn |
| Dec 31, 2025 | 25.26 Mn |
| Dec 31, 2025 | 25.26 Mn |
| Dec 31, 2025 | 25.26 Mn |
| Dec 31, 2025 | 25.26 Mn |
| Sep 30, 2025 | 25.38 Mn |
| Sep 30, 2025 | 25.38 Mn |
| Sep 30, 2025 | 25.38 Mn |
| Sep 30, 2025 | 10.62 Mn |