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Nelnet NNI Loan Servicing and Systems (LSS) — Cost of Services
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Where this comes from
Reported directly by Nelnet in its filing.
Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.
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 |
|---|---|---|---|---|---|---|---|---|---|
| Derivative market value adjustments, net | — | — | 1,494 | 1,000 | 2,494 | — | (907) | — | 1,587 |
| Total other income (expense), net | 132,637 | 154,508 | 27,844 | 2,597 | 317,586 | 18,950 | (14,048) | (5,070) | 317,418 |
| Cost of services and expenses: | |||||||||
| Total cost of services | 2,087 | 49,953 | — | — | 52,040 | — | — | — | 52,040 |
| Salaries and benefits | 67,621 | 42,696 | 1,628 | 2,915 | 114,860 | 1,512 | 23,015 | (16) | 139,371 |
| Depreciation and amortization | 4,002 | 2,369 | — | 352 | 6,723 | — | 2,447 | — | 9,170 |
| Reinsurance losses and underwriting expenses | — | — | — | — | — | 23,605 | — | — | 23,605 |
| Postage expense | 8,805 | 8,805 | (8,805) | — |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is Nelnet's loan servicing and systems (LSS) — cost of services?
- Nelnet (NNI) reported loan servicing and systems (LSS) — cost of services of $2.09M in Q1 2026.
- How has Nelnet's loan servicing and systems (LSS) — cost of services changed year-over-year?
- Nelnet's loan servicing and systems (LSS) — cost of services increased by 27.8% year-over-year, from $1.63M to $2.09M.
- What does loan servicing and systems (LSS) — cost of services mean?
- Includes the direct costs associated with delivering loan servicing and technology solutions to clients. This metric tracks the variable expenses required to maintain service levels and support infrastructure. Monitoring this helps evaluate the operational efficiency and gross margin performance of the segment's service delivery model.
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