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

Other segment segments

Asset Generation and Management
$26.25M+435%
Nelnet Bank
$1.56M+997%
Loan Servicing and Systems (LSS)
-$211K-288%

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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$4.85B+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:OtherIncomeExpenseOtherNet.

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
Intersegment revenue5,006725,078(5,078)
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:

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Nelnet's education technology services and payments (ETSP) — other, net?
Nelnet (NNI) reported education technology services and payments (ETSP) — other, net of $0 in Q1 2026.
What does education technology services and payments (ETSP) — other, net mean?
Represents miscellaneous income or expense items within the Education Technology, Services, and Payment segment that do not fit into primary operating categories. This line item captures residual financial activities that are not classified as core revenue or standard operating expenses. Monitoring this helps identify non-recurring or peripheral financial impacts on segment profitability.

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