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Nelnet NNI Loan Servicing and Systems (LSS) — Other expenses

Other segment segments

Education Technology Services and Payments (ETSP)
$11.76M+30.0%
Nelnet Bank
$1.28M-5.9%
Asset Generation and Management
$1.05M+18.4%

Similar metrics at other companies

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EFCServicing expense
$7.8M+11.1%
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GPMTServicing expenses
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SOFILending — Loan Origination And Servicing Expenses
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EFC
EFCCorporate Segment and Other Operating Segment — Servicing expense
$0
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AUBLoan Related Expenses
$2.85M+128%

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:OtherExpenses.

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) — other expenses?
Nelnet (NNI) reported loan servicing and systems (LSS) — other expenses of $14.19M in Q1 2026.
How has Nelnet's loan servicing and systems (LSS) — other expenses changed year-over-year?
Nelnet's loan servicing and systems (LSS) — other expenses increased by 31.0% year-over-year, from $10.83M to $14.19M.
What is the long-term trend for Nelnet's loan servicing and systems (LSS) — other expenses?
Over 4 years (2021 to 2025), Nelnet's loan servicing and systems (LSS) — other expenses has grown at a -3.2% compound annual growth rate (CAGR), from $52.72M to $46.27M.
What does loan servicing and systems (LSS) — other expenses mean?
Encompasses all remaining operating expenses not classified under specific categories like salaries, depreciation, or postage. This metric captures general administrative costs, overhead, and miscellaneous operational outflows. It is used to monitor the segment's overall cost control and administrative efficiency.