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Nelnet NNI Education technology services and payments revenue — Revenue

Other product segments

Department of Education loan servicing
$76.12M
Education technology services
$56.11M+0.8%
Payment processing
$55.89M+8.4%
Tuition payment plan services
$41.86M+4.4%
Private education and consumer loan servicing
$25.66M+13.1%
Software services
$11.76M+68.2%
Canada Student Loan Program loan servicing
$11.33M
FFELP loan servicing
$2.25M-14.4%
Outsourced services
$713K-32.9%
Other
$580K+2,048%

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CNVSAdvertising Technology And Services — Revenue
$1.98M

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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 itemThree months ended / March 31, 2026Three months ended / March 31, 2025
Net interest income after provision44,26965,867
Other income (expense):
Loan servicing and systems revenue127,842120,741
Education technology services and payments revenue154,436147,330
Reinsurance premiums earned22,53624,687
Solar construction revenue3,995
Other, net10,43724,603
Derivative market value adjustments and derivative settlements, net2,167(5,578)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Nelnet's education technology services and payments revenue — revenue?
Nelnet (NNI) reported education technology services and payments revenue — revenue of $154.44M in Q1 2026.
How has Nelnet's education technology services and payments revenue — revenue changed year-over-year?
Nelnet's education technology services and payments revenue — revenue increased by 4.8% year-over-year, from $147.33M to $154.44M.
What is the long-term trend for Nelnet's education technology services and payments revenue — revenue?
Over 4 years (2021 to 2025), Nelnet's education technology services and payments revenue — revenue has grown at a 10.7% compound annual growth rate (CAGR), from $338.23M to $507.15M.
What does education technology services and payments revenue — revenue mean?
This metric represents the total gross income generated from providing software, payment processing, and administrative technology solutions to educational institutions and related organizations. It captures the top-line performance of the company's education-focused technology segment, reflecting market adoption and the scale of services provided to schools and community entities. Growth in this metric indicates successful expansion of the company's footprint within the education technology and payment services ecosystem.

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