What is Nelnet's goodwill?

Nelnet (NNI) reported goodwill of $203.93M in Q1 2026.

How has Nelnet's goodwill changed year-over-year?

Nelnet's goodwill increased by 29.0% year-over-year, from $158.03M to $203.93M.

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

Over 5 years (2020 to 2025), Nelnet's goodwill has grown at a 2.1% compound annual growth rate (CAGR), from $142.09M to $158.03M.

What does goodwill mean?

The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.

Nelnet NNI Goodwill

Goodwill at other companies

SoFi Technologies, Inc.SOFI

$1.39B0.0%

Enova InternationalENVA

$279.28M0.0%

Axos FinancialAX

$144.33M+47.8%

Fidelity National Information ServicesFIS

$24.59B+41.9%

HOM

Home BancSharesHOMB

$1.4B0.0%

Ally FinancialALLY

$190M0.0%

Segments

By segment

See full

Education Technology Services and Payments$92.51M0.0%

Education Technology Services and Payments (ETSP)$92.51M0.0%

Loan Servicing and Systems (LSS)$69.54M+194%

Asset Generation and Management$41.88M0.0%

Nelnet Bank$0—

Other financials

Income statement

See full

Net income$71.1M-13.8%

EPS (diluted)$1.97-12.8%

Balance sheet

See full

Cash & equivalents$240.0M+8.8%

Total debt$7.7B-11.1%

Total equity$3.7B+9.1%

Total assets$14.2B-0.1%

Cash flow

See full

Operating cash flow$73.1M-19.8%

CapEx$11.6M+242%

Free cash flow$61.6M-29.9%

Valuation

See full

Market cap$4.68B+14.9%

Returns & leverage

See full

Return on equity11.7%+5.9pp

Debt / equity2.1×-0.5×

Where this comes from

Reported directly by Nelnet in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The official record: Nelnet’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

Ask your AI about Nelnet's goodwill.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Nelnet's goodwill?: Nelnet (NNI) reported goodwill of $203.93M in Q1 2026.
How has Nelnet's goodwill changed year-over-year?: Nelnet's goodwill increased by 29.0% year-over-year, from $158.03M to $203.93M.
What is the long-term trend for Nelnet's goodwill?: Over 5 years (2020 to 2025), Nelnet's goodwill has grown at a 2.1% compound annual growth rate (CAGR), from $142.09M to $158.03M.
What does goodwill mean?: The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.