NNINYSEPersonal Credit InstitutionsFiscal year ends December 31
NELNET INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$125.10−2.32 (-1.82%)
Close on Oct 19, 2026
- Market cap
- $4.51B
- P/E (TTM)
- 15.0
- Dividend yield
- –
NELNET INC revenue by segment
By business segment
By product or service
| Revenue | Q2 26 | Q1 26 | Q4 25 | Q3 25 | Q2 25 | Q1 25 | Q4 24 | Q3 24 | Q2 24 | Q1 24 | Q4 23 | Q3 23 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Loan servicing and systems revenue | $132.24M | $127.84M | $116.57M | $151.05M | $120.72M | $120.74M | $137.98M | $108.18M | $109.05M | $127.20M | $128.82M | $127.89M | 15.2% | +9.5% |
| Loan servicing and systems revenue | $132.24M | $127.84M | $116.57M | $151.05M | $120.72M | $120.74M | $137.98M | $108.18M | $109.05M | $127.20M | $128.82M | $127.89M | 15.2% | +9.5% |
| Education technology services and payments revenue | $118.88M | $154.44M | $112.31M | $129.32M | $118.18M | $147.33M | $108.34M | $118.18M | $116.91M | $143.54M | $106.05M | $113.80M | 13.7% | +0.6% |
| Education technology services and payments revenue | $118.88M | $154.44M | $112.31M | $129.32M | $118.18M | $147.33M | $108.34M | $118.18M | $116.91M | $143.54M | $106.05M | $113.80M | 13.7% | +0.6% |
| Department of Education loan servicing | $74.64M | $76.12M | – | – | $85.74M | $87.36M | – | – | – | – | – | – | 8.6% | -12.9% |
| Government Loan Servicing | $74.60M | $76.10M | $78.07M | $112.80M | $85.70M | $87.40M | $103.22M | $85.20M | $87.00M | $105.50M | $107.68M | $100.20M | 8.6% | -13.0% |
| Education technology services | $42.31M | $56.11M | – | $36.32M | $44.48M | $55.70M | – | $30.08M | $47.21M | $56.02M | – | $31.79M | 4.9% | -4.9% |
| Reinsurance premiums earned | $40.63M | $22.54M | $33.54M | $23.17M | $26.11M | $24.69M | $18.67M | $16.62M | $14.85M | $12.78M | – | – | 4.7% | +55.6% |
| Payment processing | $39.41M | $55.89M | $44.78M | $59.48M | $37.52M | $51.54M | $41.12M | $55.81M | $34.33M | $47.79M | $37.14M | $50.85M | 4.5% | +5.0% |
| Tuition payment plan services | $37.01M | $41.86M | $32.19M | $32.97M | $36.01M | $40.07M | $31.15M | $31.66M | $34.16M | $38.88M | $30.09M | $30.22M | 4.3% | +2.8% |
| Private education and consumer loan servicing | $26.11M | $25.66M | $24.75M | $24.29M | $22.73M | $22.70M | $24.82M | $13.06M | $12.96M | $12.62M | $12.43M | $12.33M | 3.0% | +14.9% |
| Canada student loans | $17.69M | – | – | – | $0 | – | – | – | – | – | – | – | 2.0% | – |
| Software services | $11.38M | $11.76M | $11.39M | $10.58M | $9.45M | $6.99M | $6.42M | $5.20M | $4.88M | $4.54M | $4.13M | $9.42M | 1.3% | +20.4% |
| FFELP loan servicing | $1.97M | $2.25M | – | $2.04M | $2.24M | $2.63M | – | $2.95M | $3.25M | $3.38M | – | $3.30M | 0.2% | -12.2% |
| Investment advisory services (WRCM) | $1.38M | $1.34M | $1.38M | $2.01M | $1.50M | $1.47M | $1.51M | $1.39M | $1.52M | $1.51M | $1.88M | $1.63M | 0.2% | -8.2% |
| Outsourced services | $454.00K | $713.00K | $389.00K | $1.34M | $561.00K | $1.06M | $888.00K | $1.76M | $955.00K | $1.19M | $1.07M | $2.69M | 0.1% | -19.1% |
| Other | $158.00K | $580.00K | $361.00K | $543.00K | $175.00K | $27.00K | $310.00K | $627.00K | $1.21M | $852.00K | $861.00K | $932.00K | 0.0% | -9.7% |
| Solar construction revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $11.98M | $6.30M | 0.0% | – |
| Government loan servicing | – | – | – | $112.80M | $85.74M | $87.36M | – | $85.22M | $87.01M | $105.47M | – | $100.15M | – | – |
| Canada Student Loan Program loan servicing | – | $11.33M | – | – | – | $0 | – | – | – | – | – | – | – | – |
By region
From the segment and revenue-disaggregation notes of Nelnet's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.