Nelnet (NNI) Total Debt (2019 - 2026)

Nelnet (NNI) has reported Total Debt for 8 consecutive years, with $7.7 billion the latest figure, recorded in Q1 2026.

• In Q1 2026, Total Debt rose 967.43% year-over-year to $7.7 billion; the TTM figure through Mar 2026 stood at $7.7 billion (up 967.43% YoY), while the FY2025 annual figure was $7.8 billion, down 6.36% from the prior year.
• Total Debt retreated to $7.7 billion in Q1 2026 per NNI's latest filing, from $7.8 billion in the prior quarter.
• Across five years, Total Debt topped out at $16.7 billion in Q1 2022 and bottomed at $721.3 million in Q1 2025.
• Historically, Total Debt has averaged $10.7 billion across 5 years, with a median of $10.6 billion in 2024.
• Annual changes were most pronounced in 2025 — Total Debt plunged 93.18% — and 2026, when it surged 967.43%.
• Nelnet's Total Debt stood at $14.6 billion in 2022, then retreated by 19.19% to $11.8 billion in 2023, then slipped by 29.75% to $8.3 billion in 2024, then slipped by 6.36% to $7.8 billion in 2025, then fell by 1.05% to $7.7 billion in 2026.
• Business Quant data shows NNI's Total Debt at $7.7 billion in Q1 2026, $7.8 billion in Q4 2025, and $7.8 billion in Q3 2025.