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Nelnet NNI Asset Generation and Management — Goodwill acquired during the period

Other segment segments

Loan Servicing and Systems (LSS)
$46.97M
Education Technology Services and Payments (ETSP)
$0
Nelnet Bank
$0

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Other financials

Income statement

See full
Net income$71.1M-13.8%
EPS (diluted)$1.97-12.8%

Balance sheet

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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

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Operating cash flow$73.1M-19.8%
CapEx$11.6M+242%
Free cash flow$61.6M-29.9%

Valuation

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Market cap$4.85B+5.9%
Enterprise value$12.31B+0.4%
P/E11.6×-2.3×

Returns & leverage

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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:GoodwillAcquiredDuringPeriod.

The source filing: Nelnet’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 4:23 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001258602-26-000033
Line itemLoan Servicing and SystemsEducation Technology Services and PaymentsNelnet Financial Services / Asset Generation and ManagementNelnet Financial Services / Nelnet BankNelnet Financial Services / NFS Other Operating SegmentsCorporate and Other ActivitiesTotal
Goodwill as of December 31, 2025$23,63992,50741,883158,029
Goodwill acquired during the period46,96946,969
Effect of foreign currency fluctuations(1,068)(1,068)
Goodwill as of March 31, 2026$69,54092,50741,883203,930

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Nelnet's asset generation and management — goodwill acquired during the period?
Nelnet (NNI) reported asset generation and management — goodwill acquired during the period of $0 in Q1 2026.
What does asset generation and management — goodwill acquired during the period mean?
Measures the amount of goodwill recognized specifically from business combinations completed within the current reporting period for the Asset Generation and Management segment. This reflects the company's inorganic growth strategy and the premium paid for new market entries or capabilities.

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