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Nelnet NNI Loan Servicing and Systems (LSS) — Income Tax Expense (Benefit)

Other segment segments

Education Technology Services and Payments (ETSP)
$11.48M+0.6%
Asset Generation and Management
$7.32M+2.3%
Nelnet Bank
$2.11M+385%

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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$4.68B+14.9%
Enterprise value$12.14B-3.0%
P/E11.2×-9.9×

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:IncomeTaxExpenseBenefit.

The official record: Nelnet’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Nelnet's loan servicing and systems (LSS) — income tax expense (benefit)?
Nelnet (NNI) reported loan servicing and systems (LSS) — income tax expense (benefit) of $4.75M in Q1 2026.
How has Nelnet's loan servicing and systems (LSS) — income tax expense (benefit) changed year-over-year?
Nelnet's loan servicing and systems (LSS) — income tax expense (benefit) increased by 7.0% year-over-year, from $4.44M to $4.75M.
What is the long-term trend for Nelnet's loan servicing and systems (LSS) — income tax expense (benefit)?
Over 4 years (2021 to 2025), Nelnet's loan servicing and systems (LSS) — income tax expense (benefit) has grown at a 11.5% compound annual growth rate (CAGR), from $14.99M to $23.13M.
What does loan servicing and systems (LSS) — income tax expense (benefit) mean?
This represents the portion of the company's total income tax expense or benefit specifically allocated to the Loan Servicing and Systems segment. It reflects the tax implications of the segment's operational earnings based on applicable jurisdictional tax rates. Understanding this helps investors reconcile segment-level pre-tax income to net income figures.