Nelnet annual stock-based compensation
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Nelnet Stock-Based Compensation Growth & History (NNI)
Nelnet's stock-based compensation was $13.3M for fiscal 2025.
View full Nelnet company overviewNelnet annual stock-based compensation history
| Fiscal year | Period ended | Stock-based compensation | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $13.3M | $1.2M | +10.20% |
| 2024 | 2024-12-31 | $12.0M | −$4.4M | −26.89% |
| 2023 | 2023-12-31 | $16.5M | $2.3M | +16.22% |
| 2022 | 2022-12-31 | $14.2M | $3.5M | +32.82% |
| 2021 | 2021-12-31 | $10.7M | −$6.1M | −36.24% |
| 2020 | 2020-12-31 | $16.7M | $10.0M | +146.85% |
| 2019 | 2019-12-31 | $6.8M | $242,000 | +3.70% |
| 2018 | 2018-12-31 | $6.5M | $2.1M | +48.08% |
| 2017 | 2017-12-31 | $4.4M | $68,000 | +1.56% |
| 2016 | 2016-12-31 | $4.3M | — | — |
| 2014 | 2014-12-31 | $4.7M | $1.4M | +41.15% |
| 2013 | 2013-12-31 | $3.3M | $309,000 | +10.23% |
| 2012 | 2012-12-31 | $3.0M | $991,000 | +48.84% |
| 2011 | 2011-12-31 | $2.0M | −$251,000 | −11.01% |
| 2010 | 2010-12-31 | $2.3M | −$364,000 | −13.77% |
| 2009 | 2009-12-31 | $2.6M | — | — |
Nelnet quarterly stock-based compensation
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| Fiscal quarter | Period ended | Stock-based compensation | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $5.2M | $1.8M | +54.21% |
| Q1 2026 | 2026-03-31 | $3.6M | $513,000 | +16.47% |
| Q4 2025 | 2025-12-31 | $3.2M | $119,000 | +3.85% |
| Q3 2025 | 2025-09-30 | $3.6M | $601,000 | +20.37% |
| Q2 2025 | 2025-06-30 | $3.4M | $560,000 | +19.73% |
| Q1 2025 | 2025-03-31 | $3.1M | −$51,000 | −1.61% |
| Q4 2024 | 2024-12-31 | $3.1M | −$1.4M | −31.23% |
| Q3 2024 | 2024-09-30 | $3.0M | −$1.2M | −29.27% |
| Q2 2024 | 2024-06-30 | $2.8M | −$1.1M | −28.55% |
| Q1 2024 | 2024-03-31 | $3.2M | −$672,000 | −17.51% |
| Q4 2023 | 2023-12-31 | $4.5M | $191,000 | +4.44% |
| Q3 2023 | 2023-09-30 | $4.2M | $470,000 | +12.70% |
| Q2 2023 | 2023-06-30 | $4.0M | $721,000 | +22.18% |
| Q1 2023 | 2023-03-31 | $3.8M | $918,000 | +31.44% |
| Q4 2022 | 2022-12-31 | $4.3M | $1.5M | +51.07% |
| Q3 2022 | 2022-09-30 | $3.7M | $857,000 | +30.13% |
| Q2 2022 | 2022-06-30 | $3.3M | $323,000 | +11.03% |
| Q1 2022 | 2022-03-31 | $2.9M | $868,000 | +42.30% |
| Q4 2021 | 2021-12-31 | $2.8M | −$8.4M | −74.56% |
| Q3 2021 | 2021-09-30 | $2.8M | $887,000 | +45.32% |
| Q2 2021 | 2021-06-30 | $2.9M | $1.2M | +69.84% |
| Q1 2021 | 2021-03-31 | $2.1M | $195,000 | +10.50% |
| Q4 2020 | 2020-12-31 | $11.2M | $9.4M | +511.07% |
| Q3 2020 | 2020-09-30 | $2.0M | $147,000 | +8.12% |
| Q2 2020 | 2020-06-30 | $1.7M | $62,000 | +3.73% |
| Q1 2020 | 2020-03-31 | $1.9M | $381,000 | +25.81% |
| Q4 2019 | 2019-12-31 | $1.8M | $75,000 | +4.27% |
| Q3 2019 | 2019-09-30 | $1.8M | −$236,000 | −11.53% |
| Q2 2019 | 2019-06-30 | $1.7M | $88,000 | +5.59% |
| Q1 2019 | 2019-03-31 | $1.5M | $315,000 | +27.13% |
| Q4 2018 | 2018-12-31 | $1.8M | $712,000 | +68.07% |
| Q3 2018 | 2018-09-30 | $2.0M | $936,000 | +84.32% |
| Q2 2018 | 2018-06-30 | $1.6M | $435,000 | +38.19% |
| Q1 2018 | 2018-03-31 | $1.2M | $40,000 | +3.57% |
| Q4 2017 | 2017-12-31 | $1.0M | $261,000 | +33.25% |
| Q3 2017 | 2017-09-30 | $1.1M | −$65,000 | −5.53% |
| Q2 2017 | 2017-06-30 | $1.1M | −$7,000 | −0.61% |
| Q1 2017 | 2017-03-31 | $1.1M | −$121,000 | −9.74% |
| Q4 2016 | 2016-12-31 | $785,000 | — | — |
| Q3 2016 | 2016-09-30 | $1.2M | — | — |
| Q2 2016 | 2016-06-30 | $1.1M | — | — |
| Q1 2016 | 2016-03-31 | $1.2M | — | — |
| Q3 2014 | 2014-09-30 | $1.3M | $327,000 | +34.24% |
| Q3 2013 | 2013-09-30 | $955,000 | $201,000 | +26.66% |
| Q4 2012 | 2012-12-31 | $854,000 | $399,000 | +87.69% |
| Q3 2012 | 2012-09-30 | $754,000 | $272,000 | +56.43% |
| Q2 2012 | 2012-06-30 | $712,000 | $177,000 | +33.08% |
| Q1 2012 | 2012-03-31 | $700,000 | $143,000 | +25.67% |
| Q4 2011 | 2011-12-31 | $455,000 | — | — |
| Q3 2011 | 2011-09-30 | $482,000 | −$118,000 | −19.67% |
| Q2 2011 | 2011-06-30 | $535,000 | — | — |
| Q1 2011 | 2011-03-31 | $557,000 | — | — |
| Q3 2010 | 2010-09-30 | $600,000 | — | — |
Nelnet stock-based compensation trends
Over the last five fiscal years, Nelnet's stock-based compensation decreased from $16.7M to $13.3M, a change of −$3.5M. The latest reported quarter, Q2 2026, shows $5.2M.
About the metric
What stock-based compensation means
Stock-based compensation is the expense associated with equity awards such as restricted stock and employee options. It is a non-cash expense when recognized, but it can dilute existing shareholders unless offset by share repurchases.
Calculation and source
SEC-reported stock-based compensation
TickerStat standardizes share-based compensation reported in company SEC filings. The history shows recognized compensation expense or its cash-flow-statement adjustment, not the grant-date value of new awards or a forecast of future dilution. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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