NELNET INC (NNI) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Low Risk
Limited dilution potential
Last updated: May 07, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 0.43% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
25M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

NNI currently has 25.3M outstanding shares. with minimal authorized share overhang for future dilution. The company has minimally diluted shareholders by 0.43% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 07, 2026

10-Q filing | 25.3M shares outstanding

25M 0
Nov 06, 2025

10-Q filing | 25.3M shares outstanding

25M 0
Aug 06, 2025

10-Q filing | 25.5M shares outstanding

26M 0
May 08, 2025

10-Q filing | 25.7M shares outstanding

26M 0
Feb 27, 2025

10-K filing | 25.6M shares outstanding

26M 0
Nov 07, 2024

10-Q filing | 25.6M shares outstanding

26M 0
Aug 08, 2024

10-Q filing | 25.6M shares outstanding

26M 0
May 09, 2024

10-Q filing | 25.7M shares outstanding

26M 0
Feb 27, 2024

10-K filing | 26.4M shares outstanding

26M 0
Nov 07, 2023

10-Q filing | 26.7M shares outstanding

27M 0
Aug 07, 2023

10-Q filing | 26.7M shares outstanding

27M 0
May 08, 2023

10-Q filing | 26.6M shares outstanding

27M 0
Feb 28, 2023

10-K filing | 26.5M shares outstanding

26M 0
Nov 07, 2022

10-Q filing | 26.4M shares outstanding

26M 0
Aug 08, 2022

10-Q filing | 26.5M shares outstanding

27M 0
May 09, 2022

10-Q filing | 27.0M shares outstanding

27M 0
Feb 28, 2022

10-K filing | 27.1M shares outstanding

27M 0
Nov 08, 2021

10-Q filing | 27.6M shares outstanding

28M 0
Aug 11, 2021

8-K filing: On August 10, 2021, Nelnet, Inc. repurchased 337,717 shares of its Class A common stock from the Stephen F. Butterfield GST Non-Exempt Marital Trust in a privately negotiated transaction under the Company's existing stock repurchase program.

28M 0
Aug 05, 2021

10-Q filing | 27.6M shares outstanding

28M 0
May 10, 2021

10-Q filing | 27.4M shares outstanding

27M 0
Feb 25, 2021

10-K filing | 27.2M shares outstanding

27M 0
Nov 05, 2020

10-Q filing | 27.2M shares outstanding

27M 0
Aug 06, 2020

10-Q filing | 27.2M shares outstanding

27M 0
May 28, 2020

8-K filing: Nelnet, Inc. repurchased 100,000 shares of its Class A common stock from Shelby J. Butterfield in a privately negotiated transaction.

28M 0
May 07, 2020

10-Q filing | 27.9M shares outstanding

28M 0
Feb 27, 2020

10-K filing | 28.5M shares outstanding

28M 0
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