Nelnet (NNI) Tax Rate (2010 - 2026)

Nelnet has disclosed Tax Rate across 17 years of filings, most recently posting 26.51% for Q1 2026.

• In Q1 2026, Tax Rate rose 295.0% year-over-year to 26.51%; the TTM figure through Mar 2026 stood at 24.81% (up 218.0% YoY), while the FY2025 annual figure was 24.32%, up 128.0% from the prior year.
• Tax Rate improved to 26.51% in Q1 2026, from 16.59% in the prior quarter.
• Over the last five years, Tax Rate for NNI reached as high as 37.14% in Q2 2023 and fell as low as 12.69% in Q3 2024.
• The 5-year median for Tax Rate is 23.56% (2025), against an average of 23.32%.
• Annual changes were most pronounced in 2023 — Tax Rate jumped 1363 bps — and 2024, when it plunged 1189 bps.
• A 5-year view of Tax Rate shows it stood at 20.66% in 2022, then advanced by 16 bps to 24.04% in 2023, then fell by 20 bps to 19.14% in 2024, then retreated by 13 bps to 16.59% in 2025, then surged by 60 bps to 26.51% in 2026.
• According to Business Quant data, Tax Rate over the past three periods registered 26.51%, 16.59%, and 26.22% for Q1 2026, Q4 2025, and Q3 2025 respectively.