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Nelnet NNI Loan Servicing and Systems (LSS) — Salaries and benefits
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Where this comes from
Reported directly by Nelnet in its filing.
Tagged under the XBRL concept us-gaap:LaborAndRelatedExpense.
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 |
|---|---|---|---|---|---|---|---|---|---|
| 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) | — | |||||
| Servicing fees | 8,152 | 1,227 | 9,379 | (9,379) | — |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is Nelnet's loan servicing and systems (LSS) — salaries and benefits?
- Nelnet (NNI) reported loan servicing and systems (LSS) — salaries and benefits of $67.62M in Q1 2026.
- How has Nelnet's loan servicing and systems (LSS) — salaries and benefits changed year-over-year?
- Nelnet's loan servicing and systems (LSS) — salaries and benefits decreased by 2.8% year-over-year, from $69.57M to $67.62M.
- What is the long-term trend for Nelnet's loan servicing and systems (LSS) — salaries and benefits?
- Over 4 years (2021 to 2025), Nelnet's loan servicing and systems (LSS) — salaries and benefits has grown at a -2.2% compound annual growth rate (CAGR), from $297.41M to $271.81M.
- What does loan servicing and systems (LSS) — salaries and benefits mean?
- Represents the total compensation costs, including wages, bonuses, and benefits, for personnel dedicated to the Loan Servicing and Systems segment. As a primary driver of operating expenses, this metric reflects the human capital investment required to operate the business. It is a key indicator of labor intensity and operational scale.
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