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Nelnet NNI Education Technology Services and Payments (ETSP) — Goodwill

Other segment segments

Education Technology Services and Payments
$92.51M0.0%
Loan Servicing and Systems (LSS)
$69.54M+194%
Asset Generation and Management
$41.88M0.0%
Nelnet Bank
$0

Similar metrics at other companies

Strategic Education, Inc. logo
STRAEducation Technology Services — Goodwill
$100M0.0%
Kaltura, Inc. logo
KLTREnterprise, Education and Technology — Goodwill
$38.28M
Bright Horizons Family Solutions logo
BFAMEducational advisory services — Goodwill
$37.68M0.0%
ABM Industries logo
ABMEducation — Goodwill
$459.3M0.0%
U.S. Bancorp logo
USBPayment Services — Goodwill
$3.48B+2.8%
LyondellBasell Industries N.V. logo
LYBTechnology — Goodwill
$8M0.0%

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 us-gaap:Goodwill.

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 education technology services and payments (ETSP) — goodwill?
Nelnet (NNI) reported education technology services and payments (ETSP) — goodwill of $92.51M in Q1 2026.
How has Nelnet's education technology services and payments (ETSP) — goodwill changed year-over-year?
Nelnet's education technology services and payments (ETSP) — goodwill decreased by 0.0% year-over-year, from $92.51M to $92.51M.
What does education technology services and payments (ETSP) — goodwill mean?
Represents the total carrying value of goodwill associated with the Education Technology, Services, and Payment Processing segment. This asset reflects the premium paid over the fair value of net identifiable assets during acquisitions within the education technology sector. It serves as a measure of the intangible value, such as brand reputation and customer relationships, inherent in the segment's business units.

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