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Nelnet NNI Education Technology Services and Payments — Contract with Customer, Liability

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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$4.68B+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:ContractWithCustomerLiability.

The official record: Nelnet’s 10-K, filed February 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Nelnet's education technology services and payments — contract with customer, liability?
Nelnet (NNI) reported education technology services and payments — contract with customer, liability of $55.06M in Q4 2025.
How has Nelnet's education technology services and payments — contract with customer, liability changed year-over-year?
Nelnet's education technology services and payments — contract with customer, liability increased by 7.6% year-over-year, from $51.16M to $55.06M.
What does education technology services and payments — contract with customer, liability mean?
The balance of payments received from customers for services that have not yet been performed or delivered, representing deferred revenue. This liability indicates future revenue that will be recognized as the company fulfills its contractual obligations. A growing balance often signals strong demand and a healthy pipeline of future service delivery for the segment.