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Nelnet NNI Nelnet Bank — Intersegment expenses, net

Other segment segments

Loan Servicing and Systems (LSS)
$16.72M+1.5%
Education Technology Services and Payments (ETSP)
$6.03M+7.7%
Asset Generation and Management
$1.35M+8.2%

Similar metrics at other companies

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CFRNon-Banks — Net interest income (expense)
-$2.9M+6.7%
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AXBanking Business Segment — Noninterest Expense
$152.68M+29.0%
Fortive logo
FTVIntelligent Operating Solutions — Net Interest Expense
$0
Mosaic logo
MOSCorporate, Eliminations and Other — Intersegment net sales
-$210.2M-57.1%
Associated Banc-Corp logo
ASBCorporate and Commercial Specialty — Net intersegment interest income (expense)
-$102.71M-6.7%
Ameris Bancorp logo
ABCBBanking Division — Noninterest Expense
$116.42M+4.3%

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 nni:IntersegmentExpenses.

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 — intersegment expenses, net?
Nelnet (NNI) reported nelnet bank — intersegment expenses, net of $657K in Q1 2026.
How has Nelnet's nelnet bank — intersegment expenses, net changed year-over-year?
Nelnet's nelnet bank — intersegment expenses, net decreased by 7.5% year-over-year, from $710K to $657K.
What is the long-term trend for Nelnet's nelnet bank — intersegment expenses, net?
Over 4 years (2021 to 2025), Nelnet's nelnet bank — intersegment expenses, net has grown at a 126.4% compound annual growth rate (CAGR), from $107K to $2.81M.
What does nelnet bank — intersegment expenses, net mean?
Represents the net costs incurred by the Nelnet Bank segment for services or resources provided by other internal business units within the parent organization. This metric reflects the internal allocation of shared corporate overhead, administrative support, or cross-segment operational services.