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 | TTM Q2 26 | TTM Q1 26 | TTM Q4 25 | TTM Q3 25 | TTM Q2 25 | TTM Q1 25 | TTM Q4 24 | TTM Q3 24 | TTM Q2 24 | TTM Q1 24 | TTM Q4 23 | TTM Q3 23 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Loan servicing and systems revenue | $527.71M | $516.19M | $509.09M | $530.50M | $487.62M | $475.95M | $482.41M | $473.24M | $492.96M | $505.93M | $517.95M | $529.16M | 17.3% | +8.2% |
| Loan servicing and systems revenue | $527.71M | $516.19M | $509.09M | $530.50M | $487.62M | $475.95M | $482.41M | $473.24M | $492.96M | $505.93M | $517.95M | $529.16M | 17.3% | +8.2% |
| Education technology services and payments revenue | $514.96M | $514.26M | $507.15M | $503.17M | $492.03M | $490.75M | $486.96M | $484.68M | $480.30M | $473.25M | $463.31M | $455.59M | 16.9% | +4.7% |
| Education technology services and payments revenue | $514.96M | $514.26M | $507.15M | $503.17M | $492.03M | $490.75M | $486.96M | $484.68M | $480.30M | $473.25M | $463.31M | – | 16.9% | +4.7% |
| Government Loan Servicing | $341.57M | $352.67M | $363.97M | $389.12M | $361.52M | $362.82M | $380.92M | $385.38M | $400.38M | $409.08M | $412.48M | $415.47M | 11.2% | -5.5% |
| Payment processing | $199.56M | $197.67M | $193.32M | $189.65M | $185.98M | $182.79M | $179.04M | $175.07M | $170.10M | $167.60M | $163.86M | $160.93M | 6.5% | +7.3% |
| Tuition payment plan services | $144.02M | $143.03M | $141.25M | $140.21M | $138.89M | $137.04M | $135.85M | $134.79M | $133.36M | $130.02M | $125.33M | $121.91M | 4.7% | +3.7% |
| Reinsurance premiums earned | $119.86M | $105.35M | $107.50M | $92.64M | $86.09M | $74.83M | $62.92M | – | – | – | – | – | 3.9% | +39.2% |
| Private education and consumer loan servicing | $100.82M | $97.44M | $94.47M | $94.54M | $83.31M | $73.53M | $63.45M | $51.06M | $50.34M | $49.44M | $48.98M | $48.57M | 3.3% | +21.0% |
| Software services | $45.12M | $43.19M | $38.42M | $33.44M | $28.06M | $23.48M | $21.03M | $18.75M | $22.97M | $24.05M | $29.21M | $34.95M | 1.5% | +60.8% |
| Investment advisory services (WRCM) | $6.11M | $6.23M | $6.37M | $6.49M | $5.88M | $5.90M | $5.93M | $6.30M | $6.54M | $6.66M | $6.76M | $6.54M | 0.2% | +3.9% |
| Outsourced services | $2.90M | $3.01M | $3.35M | $3.85M | $4.27M | $4.67M | $4.79M | $4.97M | $5.90M | $9.65M | $13.58M | – | 0.1% | -32.2% |
| Other | $1.64M | $1.66M | $1.11M | $1.06M | $1.14M | $2.18M | $3.00M | $3.55M | $3.86M | $3.64M | $3.37M | $4.03M | 0.1% | +44.2% |
| Solar construction revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $11.98M | $18.28M | $23.02M | $0 | $34.87M | 0.0% | – |
| Education technology services | – | – | – | – | – | – | – | – | – | – | – | $168.72M | – | – |
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.