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Nelnet NNI Asset Generation and Management — Intersegment revenue

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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$4.85B+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 nni:IntersegmentServicingRevenue.

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 itemReportable Segments / Loan Servicing and Systems (LSS)Reportable Segments / Education Technology Services and Payments (ETSP)Reportable Segments / Asset Generation and ManagementReportable Segments / Nelnet BankTotal Reportable SegmentsReconciling Items / NFS Other Operating SegmentsReconciling Items / Corporate and Other ActivitiesReconciling Items / Eliminations/ ReclassificationsTotal
Other income (expense):
LSS revenue127,842127,842127,842
ETSP revenue154,436154,436154,436
Intersegment revenue5,006725,078(5,078)
Reinsurance premiums earned22,53622,536
Solar construction revenue
Other, net(211)26,2461,55827,593(3,586)(13,578)810,437
Derivative settlements, net10439143437580

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Nelnet's asset generation and management — intersegment revenue?
Nelnet (NNI) reported asset generation and management — intersegment revenue of $0 in Q1 2026.
What does asset generation and management — intersegment revenue mean?
Represents revenue generated by the Asset Generation and Management segment through transactions with other internal business units of the company. This metric is used to evaluate the internal synergy and cross-selling effectiveness between different parts of the organization.

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