Nelnet NNI Business Segments
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Intersegment revenue by Business | |||||
| Asset Generation and Management | $0— | $0— | $0— | $0— | |
| Education Technology Services and Payments (ETSP) | $266K+21.5% | $219K-13.4% | $253K— | —— | |
| Loan Servicing and Systems (LSS) | $22.16M-9.5% | $24.49M-15.3% | $28.91M-12.8% | $33.17M-2.3% | |
| Nelnet Bank | $0— | $0— | $0— | $0— | |
| Revenue by Product | |||||
| Education technology services | $171.48M+1.4% | $169.07M-1.0% | $170.75M+16.4% | $146.68M+38.4% | |
| FFELP loan servicing | $8.88M-27.3% | $12.21M-10.9% | $13.7M-14.4% | $16.02M-12.4% | |
| Other | $1.11M-63.2% | $3M-10.9% | $3.37M+18.3% | $2.85M+136% | |
| Outsourced services | $3.35M-30.0% | $4.79M-64.7% | $13.58M-1.3% | $13.76M-45.8% | |
| Payment processing | $193.32M+8.0% | $179.04M+9.3% | $163.86M+10.6% | $148.21M+16.6% | |
| Private education and consumer loan servicing | $94.47M+48.9% | $63.46M+29.5% | $48.99M-0.5% | $49.21M+4.0% | |
| Software services | $38.42M+82.7% | $21.03M-28.0% | $29.21M-12.6% | $33.41M-3.4% | |
| Tuition payment plan services | $141.25M+4.0% | $135.85M+8.4% | $125.33M+13.1% | $110.8M+6.6% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Nelnet break its business down?
- Nelnet (NNI) reports intersegment revenue by business across 4 parts — Asset Generation and Management, Education Technology Services and Payments (ETSP), Loan Servicing and Systems (LSS) and Nelnet Bank. Each is extracted from the segment footnotes and tracked over time.
- Where does Nelnet's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Nelnet's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.