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Nelnet NNI Education Technology Services and Payments (ETSP) — Net Income
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Where this comes from
Reported directly by Nelnet in its filing.
Tagged under the XBRL concept us-gaap:ProfitLoss.
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 item | Reportable Segments / Loan Servicing and Systems (LSS) | Reportable Segments / Education Technology Services and Payments (ETSP) | Reportable Segments / Asset Generation and Management | Reportable Segments / Nelnet Bank | Total Reportable Segments | Reconciling Items / NFS Other Operating Segments | Reconciling Items / Corporate and Other Activities | Reconciling Items / Eliminations/ Reclassifications | Total |
|---|---|---|---|---|---|---|---|---|---|
| Intersegment expenses, net | 16,719 | 6,034 | 1,352 | 657 | 24,762 | 457 | (25,147) | (72) | — |
| Total operating expenses | 111,340 | 62,860 | 12,183 | 6,429 | 192,812 | 26,835 | 19,417 | (5,078) | 233,986 |
| Income (loss) before income taxes | 19,801 | 47,813 | 30,520 | 9,219 | 107,353 | (742) | (30,958) | 8 | 75,661 |
| Income tax (expense) benefit | (4,752) | (11,475) | (7,321) | (2,106) | (25,654) | 162 | 5,431 | — | (20,061) |
| Net income (loss) | 15,049 | 36,338 | 23,199 | 7,113 | 81,699 | (580) | (25,527) | 8 | 55,600 |
| Net (income) loss attributable to noncontrolling interests | — | — | (18) | — | (18) | 69 | 15,483 | (8) | 15,526 |
| Net income (loss) attributable to Nelnet, Inc. | $15,049 | 36,338 | 23,181 | 7,113 | 81,681 | (511) | (10,044) | — | 71,126 |
| Total assets as of March 31, 2026 | $479,061 | 452,962 | 9,490,162 | 2,515,559 | 12,937,744 | 1,129,447 | 771,091 | (660,365) | 14,177,917 |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is Nelnet's education technology services and payments (ETSP) — net income?
- Nelnet (NNI) reported education technology services and payments (ETSP) — net income of $36.34M in Q1 2026.
- How has Nelnet's education technology services and payments (ETSP) — net income changed year-over-year?
- Nelnet's education technology services and payments (ETSP) — net income increased by 0.6% year-over-year, from $36.11M to $36.34M.
- What is the long-term trend for Nelnet's education technology services and payments (ETSP) — net income?
- Over 2 years (2023 to 2025), Nelnet's education technology services and payments (ETSP) — net income has grown at a 11.3% compound annual growth rate (CAGR), from $69.34M to $85.88M.
- What does education technology services and payments (ETSP) — net income mean?
- Represents the net earnings attributable to the parent company from the Education Technology, Services, and Payment Processing segment after all expenses, taxes, and noncontrolling interests are deducted. It serves as the primary indicator of the segment's overall financial success and value creation for shareholders. This metric allows for a direct assessment of the segment's contribution to the consolidated net income.
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