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Nelnet NNI Government Loan Servicing — Revenue
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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
The Company earns loan servicing revenue from a servicing contract with the U.S. Department of Education (the "Department") that became effective in April 2023 and has a five-year base period, with 2 two-year and 1 one-year possible extensions. Revenue earned by the Company related to this contract was $76.1 million and $87.4 million for the three months ended March 31, 2026 and 2025, respectively.
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is Nelnet's government loan servicing — revenue?
- Nelnet (NNI) reported government loan servicing — revenue of $76.1M in Q1 2026.
- How has Nelnet's government loan servicing — revenue changed year-over-year?
- Nelnet's government loan servicing — revenue decreased by 12.9% year-over-year, from $87.4M to $76.1M.
- What is the long-term trend for Nelnet's government loan servicing — revenue?
- Over 4 years (2021 to 2025), Nelnet's government loan servicing — revenue has grown at a 0.2% compound annual growth rate (CAGR), from $360.8M to $364M.
- What does government loan servicing — revenue mean?
- The total gross income generated from providing loan servicing and administrative support services to government agencies. This is a primary indicator of the segment's scale and its contribution to the company's overall financial performance.
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