Superworth

Nelnet profit margin NNI

Gross, operating and net profit as a share of revenue over the last twelve months, from 2011.

Net margin, 12 months
25.8%
Net margin on a year earlier
−4.1 pts
Peer median
15.6%

Over the twelve months to Jun 30, 2026, Nelnet kept 25.8% of its revenue as net profit and a gross margin of 82.4%.

Five years earlier its net margin was 34.7%.

The median for 10 credit services stocks of a similar size is 15.6%.

Profit margin over time

GrossNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginGross margin
FY202537.6%80.1%
FY202416.9%76.8%
FY20238.9%78.3%
FY202231.7%86.9%
FY202129.7%91.8%
FY202025.2%92.5%
FY201913.1%90.6%
FY201821.0%93.0%
FY201722.1%92.5%
FY201630.1%n/a
FY201529.8%94.9%
FY201433.0%94.3%
FY201333.2%n/a
FY201224.4%n/a
FY201127.2%n/a

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a year
Q2 FY2625.8%−4.1 pts
Q1 FY2636.4%+18.6 pts
Q4 FY2537.6%+20.7 pts
Q3 FY2537.7%+27.0 pts
Q2 FY2529.8%+15.0 pts
Q1 FY2517.8%+4.4 pts
Q4 FY2416.9%+8.0 pts
Q3 FY2410.7%−1.0 pts
Q2 FY2414.9%−2.3 pts
Q1 FY2413.3%−9.4 pts
Q4 FY238.9%−22.8 pts
Q3 FY2311.7%−26.2 pts

Against its peers

Companies in Financial - Credit Services nearest Nelnet's size, closest first, today.

CompanyProfit margin
NNINelnet25.8%
SEZLSezzle30.4%
DAVEDave34.6%
PAYPaymentus6.2%
ENVAEnova International10.5%
BFHBread Financial14.4%
FIGRFigure Technology Solutions33.5%
RELYRemitly Global16.9%
AMTMAmentum1.4%
SLMSLM31.7%
TNETTrinet3.6%
Peer median15.6%

Where Nelnet ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Nelnet

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.