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Nelnet NNI Education Technology Services and Payments (ETSP) — Derivative settlements, net

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STRAEducation Technology Services — Goodwill
$100M0.0%
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STRAEducation Technology Services — Consolidated revenue
$42.35M+15.4%
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STRAEducation Technology Services — D&A
$1.49M+20.6%
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STRAEducation Technology Services — Enterprise shared services allocation
$1.9M+11.0%
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STRAEducation Technology Services — Currency translation adjustments
$0
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STRAEducation Technology Services — Direct segment expenses
$20.88M+4.7%

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:DerivativeSettlementsExpenseIncome.

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
Reinsurance premiums earned22,53622,536
Solar construction revenue
Other, net(211)26,2461,55827,593(3,586)(13,578)810,437
Derivative settlements, net10439143437580
Derivative market value adjustments, net1,4941,0002,494(907)1,587
Total other income (expense), net132,637154,50827,8442,597317,58618,950(14,048)(5,070)317,418
Cost of services and expenses:
Total cost of services2,08749,95352,04052,040

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Nelnet's education technology services and payments (ETSP) — derivative settlements, net?
Nelnet (NNI) reported education technology services and payments (ETSP) — derivative settlements, net of $0 in Q1 2026.
What does education technology services and payments (ETSP) — derivative settlements, net mean?
Reflects the net cash realized from the settlement of derivative financial instruments used for hedging or risk management within the segment. It captures the actual cash inflows or outflows resulting from the expiration or termination of derivative contracts. This metric is essential for assessing the effectiveness of the segment's risk mitigation strategies.

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