Nelnet (NNI) Shares Outstanding (Diluted Average) (2009 - 2026)

Nelnet (NNI) has 12 years of Shares Outstanding (Diluted Average) data on file, last reported at $36.1 million in Q1 2026.

• Shares Outstanding (Diluted Average) for Q1 2026 came in at $36.1 million, down 1.1% year-over-year; the trailing twelve-month figure through Mar 2026 was $36.1 million (down 1.1% YoY), and the FY2025 annual result was $36.3 million, down 0.82% from the prior year.
• Shares Outstanding (Diluted Average) fell to $36.1 million in Q1 2026 per NNI's latest filing, from $36.3 million in the prior quarter.
• Over five years, Shares Outstanding (Diluted Average) peaked at $38.0 million in Q1 2022 and troughed at $36.1 million in Q1 2026.
• A 5-year average of $37.0 million and a median of $37.2 million in 2024 frame the typical range for Shares Outstanding (Diluted Average).
• The sharpest annual moves came in 2024 and 2025: Shares Outstanding (Diluted Average) declined 2.69% in 2024, then fell 0.11% in 2025.
• A 5-year view of Shares Outstanding (Diluted Average) shows it stood at $37.6 million in 2022, then slipped by 0.5% to $37.4 million in 2023, then retreated by 2.07% to $36.6 million in 2024, then slipped by 0.82% to $36.3 million in 2025, then retreated by 0.73% to $36.1 million in 2026.
• Business Quant data shows NNI's Shares Outstanding (Diluted Average) at $36.1 million in Q1 2026, $36.3 million in Q4 2025, and $36.3 million in Q3 2025.