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Nelnet NNI Private education and consumer loan servicing — Revenue

Other product segments

Department of Education loan servicing
$76.12M
Education technology services
$56.11M+0.8%
Payment processing
$55.89M+8.4%
Tuition payment plan services
$41.86M+4.4%
Software services
$11.76M+68.2%
Canada Student Loan Program loan servicing
$11.33M
FFELP loan servicing
$2.25M-14.4%
Outsourced services
$713K-32.9%
Other
$580K+2,048%

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Other financials

Income statement

See full
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$4.85B+5.9%
Enterprise value$12.31B+0.4%
P/E11.6×-2.3×

Returns & leverage

See full
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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 itemThree months ended March 31, 2026Three months ended March 31, 2025
Department of Education loan servicing$76,11987,358
Canada Student Loan Program loan servicing (a)11,332
Private education and consumer loan servicing25,66122,696
FFELP loan servicing2,2542,633
Software services11,7636,992
Outsourced services7131,062
Loan servicing and systems revenue$127,842120,741

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Nelnet's private education and consumer loan servicing — revenue?
Nelnet (NNI) reported private education and consumer loan servicing — revenue of $25.66M in Q1 2026.
How has Nelnet's private education and consumer loan servicing — revenue changed year-over-year?
Nelnet's private education and consumer loan servicing — revenue increased by 13.1% year-over-year, from $22.7M to $25.66M.
What is the long-term trend for Nelnet's private education and consumer loan servicing — revenue?
Over 4 years (2021 to 2025), Nelnet's private education and consumer loan servicing — revenue has grown at a 18.9% compound annual growth rate (CAGR), from $47.3M to $94.47M.
What does private education and consumer loan servicing — revenue mean?
This metric represents the total gross income generated from providing servicing, origination, and administrative support for private education and consumer loan portfolios. It reflects the scale of the company's fee-based business model in managing third-party loan assets and providing related technology solutions. Growth in this revenue stream indicates successful expansion of the client base or increased volume of serviced assets within the private lending sector.

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