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Nelnet NNI Nelnet Bank — Operating Expenses

Other segment segments

Loan Servicing and Systems (LSS)
$111.34M+3.9%
Education Technology Services and Payments (ETSP)
$62.86M+6.9%
Asset Generation and Management
$12.18M+18.6%

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$26.85B+13.8%

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:OperatingExpenses.

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 — operating expenses?
Nelnet (NNI) reported nelnet bank — operating expenses of $6.43M in Q1 2026.
How has Nelnet's nelnet bank — operating expenses changed year-over-year?
Nelnet's nelnet bank — operating expenses increased by 9.2% year-over-year, from $5.89M to $6.43M.
What is the long-term trend for Nelnet's nelnet bank — operating expenses?
Over 4 years (2021 to 2025), Nelnet's nelnet bank — operating expenses has grown at a 39.6% compound annual growth rate (CAGR), from $6.93M to $26.34M.
What does nelnet bank — operating expenses mean?
The total costs required to maintain the day-to-day operations of the Nelnet Bank segment, excluding interest expenses. This includes personnel salaries, benefits, administrative overhead, and other general business costs necessary to support banking activities.