Nelnet (NNI) Total Liabilities (2010 - 2026)
Nelnet (NNI) posted quarterly Total Liabilities of $10.6 billion for Q1 2026, down 2.37% year-over-year from $10.8 billion in Q1 2025, and up 0.81% quarter-over-quarter from $10.5 billion in Q4 2025.
Analysis
Nelnet (NNI) Total Liabilities (2010 - 2026) Analysis & Trends
Nelnet (NNI) has reported Total Liabilities for 17 consecutive years, with $10.6 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Total Liabilities fell 2.37% year-over-year to $10.6 billion; the TTM figure through Mar 2026 stood at $10.6 billion (down 2.37% YoY), while the FY2025 annual figure was $10.5 billion, changed 0.08% from the prior year.
- Total Liabilities improved to $10.6 billion in Q1 2026 per NNI's latest filing, from $10.5 billion in the prior quarter.
- Across five years, Total Liabilities topped out at $17.9 billion in Q1 2022 and bottomed at $10.2 billion in Q2 2025.
- Historically, Total Liabilities has averaged $13.1 billion across 5 years, with a median of $12.1 billion in 2024.
- Annual changes were most pronounced in 2024 — Total Liabilities decreased 22.52% — and 2025, when it rose 0.08%.
- Nelnet's Total Liabilities stood at $16.2 billion in 2022, then slipped by 16.46% to $13.5 billion in 2023, then slipped by 22.45% to $10.5 billion in 2024, then grew by 0.08% to $10.5 billion in 2025, then climbed by 0.81% to $10.6 billion in 2026.
- Business Quant data shows NNI's Total Liabilities at $10.6 billion in Q1 2026, $10.5 billion in Q4 2025, and $10.3 billion in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 680.39 Bn | 668.03 Bn | - | 59.41 Bn |
| 2 | Mastercard | 518.33 Bn | 504.84 Bn | - | 52.09 Bn |
| 3 | American Express | 224.91 Bn | 175.59 Bn | 17.99 Bn | 273.92 Bn |
| 4 | Capital One Financial | 132.31 Bn | 77.60 Bn | - | 560.04 Bn |
| 5 | PayPal Holdings | 46.25 Bn | 35.00 Bn | - | 62.92 Bn |
| 6 | Affirm Holdings | 26.22 Bn | 24.59 Bn | - | 10.31 Bn |
| 7 | Synchrony Financial | 25.37 Bn | 9.17 Bn | - | 105.03 Bn |
| 8 | SoFi Technologies | 23.30 Bn | 20.18 Bn | 1.02 Bn | 49.87 Bn |
| 9 | Ally Financial | 12.85 Bn | 5.01 Bn | 2.08 Bn | 184.28 Bn |
| 10 | Nelnet | 4.59 Bn | 4.28 Bn | 90.97 Mn | 10.64 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.64 Bn |
| Mar 31, 2026 | 10.57 Bn |
| Dec 31, 2025 | 10.49 Bn |
| Sep 30, 2025 | 10.29 Bn |
| Jun 30, 2025 | 10.23 Bn |
| Mar 31, 2025 | 10.83 Bn |
| Dec 31, 2024 | 10.48 Bn |
| Sep 30, 2024 | 10.87 Bn |
| Jun 30, 2024 | 11.28 Bn |
| Mar 31, 2024 | 12.14 Bn |
| Dec 31, 2023 | 13.51 Bn |
| Sep 30, 2023 | 13.96 Bn |
| Jun 30, 2023 | 14.56 Bn |
| Mar 31, 2023 | 14.86 Bn |
| Dec 31, 2022 | 16.17 Bn |
| Sep 30, 2022 | 16.40 Bn |
| Jun 30, 2022 | 17.53 Bn |
| Mar 31, 2022 | 17.90 Bn |
| Dec 31, 2021 | 18.73 Bn |
| Sep 30, 2021 | 19.55 Bn |