Nelnet Capital Expenditures (CapEx) Growth & History (NNI)
Nelnet's capital expenditures (capex) was $26.2M for fiscal 2025.
View full Nelnet company overviewNelnet annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $26.2M | $5.3M | +25.52% |
| 2024 | 2024-12-31 | $20.9M | −$53.1M | −71.77% |
| 2023 | 2023-12-31 | $74.1M | $14.6M | +24.62% |
| 2022 | 2022-12-31 | $59.4M | $469,000 | +0.80% |
| 2021 | 2021-12-31 | $59.0M | −$54.4M | −47.97% |
| 2020 | 2020-12-31 | $113.3M | $20.8M | +22.50% |
| 2019 | 2019-12-31 | $92.5M | −$32.5M | −26.01% |
| 2018 | 2018-12-31 | $125.0M | −$31.0M | −19.86% |
| 2017 | 2017-12-31 | $156.0M | $88.4M | +130.77% |
| 2016 | 2016-12-31 | $67.6M | — | — |
| 2014 | 2014-12-31 | $26.5M | $9.5M | +55.72% |
| 2013 | 2013-12-31 | $17.0M | $7.1M | +71.06% |
| 2012 | 2012-12-31 | $9.9M | −$4.2M | −29.81% |
| 2011 | 2011-12-31 | $14.2M | $1.4M | +10.94% |
| 2010 | 2010-12-31 | $12.8M | $11.6M | +960.63% |
| 2009 | 2009-12-31 | $1.2M | — | — |
Nelnet quarterly capital expenditures (capex)
| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $6.3M | $2.6M | +71.13% |
| Q1 2026 | 2026-03-31 | $11.6M | $8.2M | +241.92% |
| Q4 2025 | 2025-12-31 | $7.5M | −$9.9M | −56.87% |
| Q3 2025 | 2025-09-30 | $11.7M | $7.2M | +162.96% |
| Q2 2025 | 2025-06-30 | $3.7M | −$6.9M | −65.19% |
| Q1 2025 | 2025-03-31 | $3.4M | −$19.8M | −85.46% |
| Q4 2024 | 2024-12-31 | $17.4M | −$4.1M | −18.98% |
| Q3 2024 | 2024-09-30 | $4.4M | −$10.9M | −71.09% |
| Q2 2024 | 2024-06-30 | $10.6M | −$2.2M | −17.20% |
| Q1 2024 | 2024-03-31 | $23.2M | −$1.2M | −4.93% |
| Q4 2023 | 2023-12-31 | $21.4M | $6.5M | +43.01% |
| Q3 2023 | 2023-09-30 | $15.4M | $5.1M | +49.46% |
| Q2 2023 | 2023-06-30 | $12.8M | −$5.5M | −30.15% |
| Q1 2023 | 2023-03-31 | $24.4M | $8.6M | +54.68% |
| Q4 2022 | 2022-12-31 | $15.0M | −$1.4M | −8.31% |
| Q3 2022 | 2022-09-30 | $10.3M | −$3.5M | −25.63% |
| Q2 2022 | 2022-06-30 | $18.4M | $7.5M | +68.64% |
| Q1 2022 | 2022-03-31 | $15.8M | −$2.1M | −11.76% |
| Q4 2021 | 2021-12-31 | $16.4M | −$16.3M | −49.84% |
| Q3 2021 | 2021-09-30 | $13.8M | −$19.9M | −59.03% |
| Q2 2021 | 2021-06-30 | $10.9M | −$10.5M | −49.21% |
| Q1 2021 | 2021-03-31 | $17.9M | −$7.7M | −29.98% |
| Q4 2020 | 2020-12-31 | $32.6M | $7.8M | +31.41% |
| Q3 2020 | 2020-09-30 | $33.7M | $9.7M | +40.63% |
| Q2 2020 | 2020-06-30 | $21.4M | $2.5M | +13.39% |
| Q1 2020 | 2020-03-31 | $25.6M | $748,000 | +3.01% |
| Q4 2019 | 2019-12-31 | $24.8M | −$3.7M | −13.05% |
| Q3 2019 | 2019-09-30 | $24.0M | −$7.5M | −23.85% |
| Q2 2019 | 2019-06-30 | $18.9M | −$18.0M | −48.83% |
| Q1 2019 | 2019-03-31 | $24.8M | −$3.3M | −11.60% |
| Q4 2018 | 2018-12-31 | $28.5M | −$20.8M | −42.16% |
| Q3 2018 | 2018-09-30 | $31.5M | −$4.4M | −12.20% |
| Q2 2018 | 2018-06-30 | $36.9M | −$7.4M | −16.70% |
| Q1 2018 | 2018-03-31 | $28.1M | $1.6M | +6.04% |
| Q4 2017 | 2017-12-31 | $49.3M | $28.6M | +137.47% |
| Q3 2017 | 2017-09-30 | $35.8M | $18.6M | +107.85% |
| Q2 2017 | 2017-06-30 | $44.3M | $30.0M | +209.69% |
| Q1 2017 | 2017-03-31 | $26.5M | $11.2M | +73.48% |
| Q4 2016 | 2016-12-31 | $20.8M | — | — |
| Q3 2016 | 2016-09-30 | $17.2M | $14.0M | +432.72% |
| Q2 2016 | 2016-06-30 | $14.3M | $13.2M | +1148.39% |
| Q1 2016 | 2016-03-31 | $15.3M | $6.9M | +82.25% |
| Q3 2015 | 2015-09-30 | $3.2M | −$9.4M | −74.45% |
| Q2 2015 | 2015-06-30 | $1.1M | −$4.7M | −80.48% |
| Q1 2015 | 2015-03-31 | $8.4M | $5.2M | +166.12% |
| Q4 2014 | 2014-12-31 | $4.8M | −$493,000 | −9.32% |
| Q3 2014 | 2014-09-30 | $12.7M | $10.5M | +485.99% |
| Q2 2014 | 2014-06-30 | $5.9M | −$904,000 | −13.33% |
| Q1 2014 | 2014-03-31 | $3.1M | $368,000 | +13.25% |
| Q4 2013 | 2013-12-31 | $5.3M | $2.7M | +105.52% |
| Q3 2013 | 2013-09-30 | $2.2M | −$803,000 | −27.08% |
| Q2 2013 | 2013-06-30 | $6.8M | $4.7M | +223.01% |
| Q1 2013 | 2013-03-31 | $2.8M | $472,000 | +20.47% |
| Q4 2012 | 2012-12-31 | $2.6M | −$1.8M | −41.38% |
| Q3 2012 | 2012-09-30 | $3.0M | $1.5M | +98.33% |
| Q2 2012 | 2012-06-30 | $2.1M | −$3.2M | −60.31% |
| Q1 2012 | 2012-03-31 | $2.3M | −$686,000 | −22.93% |
| Q4 2011 | 2011-12-31 | $4.4M | — | — |
| Q3 2011 | 2011-09-30 | $1.5M | −$1.3M | −47.10% |
| Q2 2011 | 2011-06-30 | $5.3M | — | — |
| Q1 2011 | 2011-03-31 | $3.0M | — | — |
| Q3 2010 | 2010-09-30 | $2.8M | — | — |
Nelnet capital expenditures (capex) trends
Over the last five fiscal years, Nelnet's capital expenditures (capex) decreased from $113.3M to $26.2M, a change of −$87.1M. The latest reported quarter, Q2 2026, shows $6.3M.
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Nelnet source filings ↗