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Nelnet NNI Asset Generation and Management — Income Tax Expense (Benefit)

Other segment segments

Education Technology Services and Payments (ETSP)
$11.48M+0.6%
Loan Servicing and Systems (LSS)
$4.75M+7.0%
Nelnet Bank
$2.11M+385%

Similar metrics at other companies

Equitable Holdings logo
EQHAsset Management — Income Tax Expense (Benefit), Adjusted
$49M+19.5%
PNC Financial Services logo
PNCAsset Management Group — Income tax benefit
$36M+12.5%
Principal Financial Group logo
PFGSegment Principal Asset Management — Income Tax Expense Benefit
$63.43M+9.9%
Murphy Oil logo
MUROther — Income tax expense (benefit)
-$525K+93.2%
Northern Trust logo
NTRSAsset Servicing Segment — Provision for Income Taxes
$83.2M+63.5%
PNC Financial Services logo
PNCAsset Management Group — Income before taxes
$154M+12.4%

Other financials

Income statement

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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$4.68B+14.9%

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:IncomeTaxExpenseBenefit.

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

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Questions, answered.

What is Nelnet's asset generation and management — income tax expense (benefit)?
Nelnet (NNI) reported asset generation and management — income tax expense (benefit) of $7.32M in Q1 2026.
How has Nelnet's asset generation and management — income tax expense (benefit) changed year-over-year?
Nelnet's asset generation and management — income tax expense (benefit) increased by 2.3% year-over-year, from $7.16M to $7.32M.
What is the long-term trend for Nelnet's asset generation and management — income tax expense (benefit)?
Over 4 years (2021 to 2025), Nelnet's asset generation and management — income tax expense (benefit) has grown at a -26.1% compound annual growth rate (CAGR), from $101.67M to $30.34M.
What does asset generation and management — income tax expense (benefit) mean?
The portion of the total corporate income tax provision allocated to the Asset Generation and Management segment based on its taxable earnings. This reflects the tax impact of the segment's operational results and regulatory environment.