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Nelnet NNI Other, net

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Segments

By segment

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Asset Generation and Management$26.25M+435%
Nelnet Bank$1.56M+997%
Loan Servicing and Systems (LSS)-$211K-288%
Education Technology Services and Payments (ETSP)$0

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

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:OtherIncomeExpenseOtherNet.

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
Education technology services and payments revenue154,436147,330
Reinsurance premiums earned22,53624,687
Solar construction revenue3,995
Other, net10,43724,603
Derivative market value adjustments and derivative settlements, net2,167(5,578)
Total other income (expense), net317,418315,778
Cost of services and expenses:
Loan servicing contract fulfillment and acquisition costs2,0871,633

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Nelnet's other, net?
Nelnet (NNI) reported other, net of $10.44M in Q1 2026.
How has Nelnet's other, net changed year-over-year?
Nelnet's other, net decreased by 57.6% year-over-year, from $24.6M to $10.44M.
What is the long-term trend for Nelnet's other, net?
Over 3 years (2021 to 2025), Nelnet's other, net has grown at a 7.8% compound annual growth rate (CAGR), from $78.68M to $98.5M.
What does other, net mean?
This captures miscellaneous income and expense items that do not fall into the company's primary operating categories. It is used to reconcile secondary financial activities that impact the overall bottom line but are not part of core interest or fee-based operations.

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