Nelnet NNI Total debt

Total debt at other companies

SLMSLM

$6.67B+8.5%

BlackbaudBLKB

$1.16B-0.7%

NavientNAVI

$44.34B-5.9%

Enova InternationalENVA

$5.05B+26.3%

Federal Agricultural MortgageAGM

$32.28B+15.1%

SoFi Technologies, Inc.SOFI

$3.3B-18.2%

FAQ

What is Nelnet's total debt?

Nelnet (NNI) reported total debt of $7.7B in Q1 2026.

How has Nelnet's total debt changed year-over-year?

Nelnet's total debt decreased by 11.1% year-over-year, from $8.66B to $7.7B.

What is the long-term trend for Nelnet's total debt?

Over 5 years (2020 to 2025), Nelnet's total debt has grown at a -16.6% compound annual growth rate (CAGR), from $19.34B to $7.79B.

What does total debt mean?

Total debt represents the aggregate sum of all interest-bearing financial obligations, including short-term borrowings, the current portion of long-term debt, and long-term debt instruments. It also encompasses capitalized lease liabilities and other debt-like financing arrangements that require fixed repayment schedules. This metric serves as a comprehensive indicator of a company's total financial leverage and its reliance on external capital providers.