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Nelnet NNI Education Technology Services and Payments (ETSP) — Noninterest Income (Expense)

Other segment segments

Loan Servicing and Systems (LSS)
$132.64M+4.8%
Asset Generation and Management
$27.84M+1,547%
Nelnet Bank
$2.6M+217%

Similar metrics at other companies

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STRAEducation Technology Services — Direct segment expenses
$20.88M+4.7%
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$1.04B+5.5%
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$4.97M+0.2%
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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%

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:NoninterestIncomeExpense.

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, 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
Salaries and benefits67,62142,6961,6282,915114,8601,51223,015(16)139,371
Depreciation and amortization4,0022,3693526,7232,4479,170

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Nelnet's education technology services and payments (ETSP) — noninterest income (expense)?
Nelnet (NNI) reported education technology services and payments (ETSP) — noninterest income (expense) of $154.51M in Q1 2026.
How has Nelnet's education technology services and payments (ETSP) — noninterest income (expense) changed year-over-year?
Nelnet's education technology services and payments (ETSP) — noninterest income (expense) increased by 4.8% year-over-year, from $147.39M to $154.51M.
What is the long-term trend for Nelnet's education technology services and payments (ETSP) — noninterest income (expense)?
Over 2 years (2023 to 2025), Nelnet's education technology services and payments (ETSP) — noninterest income (expense) has grown at a 4.6% compound annual growth rate (CAGR), from $463.56M to $507.42M.
What does education technology services and payments (ETSP) — noninterest income (expense) mean?
Represents the total revenue generated from non-lending activities, such as service fees, technology licensing, and payment processing within the Education Technology segment. This is a primary indicator of the segment's ability to generate recurring revenue from its core service offerings. It excludes interest-based income, highlighting the segment's operational growth and market adoption.

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