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Nelnet NNI Nelnet Bank — 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%
Loan Servicing and Systems (LSS)
$4.75M+7.0%

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$34.02M+6.5%
UFP Industries, Inc. logo
UFPIAll Other Segments — Income Tax Expense Benefit
$904K+35.1%

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%

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 nelnet bank — income tax expense (benefit)?
Nelnet (NNI) reported nelnet bank — income tax expense (benefit) of $2.11M in Q1 2026.
How has Nelnet's nelnet bank — income tax expense (benefit) changed year-over-year?
Nelnet's nelnet bank — income tax expense (benefit) increased by 385.3% year-over-year, from $434K to $2.11M.
What is the long-term trend for Nelnet's nelnet bank — income tax expense (benefit)?
Over 3 years (2021 to 2025), Nelnet's nelnet bank — income tax expense (benefit) has grown at a 173.6% compound annual growth rate (CAGR), from -$174K to $3.56M.
What does nelnet bank — income tax expense (benefit) mean?
The total income tax provision or benefit recognized by the Nelnet Bank segment for the reporting period. This reflects the tax impact of the segment's financial performance, including adjustments for deferred taxes and effective tax rate variations.