NELNET INC

Nelnet operates as an integrated holding company providing loan servicing, education technology, payment processing, and consumer lending solutions. Its operations span four principal segments: Loan Servicing and Systems, Education Technology Services and Payments, Asset Generation and Management, and Nelnet Bank. Through these units, the organization services federal, private education, and consumer loans, while offering administration software, business process outsourcing, and investment advisory capabilities. Additionally, it delivers billing platforms, campus commerce tools, and financial management software to primary, secondary, and higher education institutions, businesses, and government entities.

Substantially all customer revenue and long-lived assets are concentrated in the United States, alongside banking operations serving consumers across all 50 states and the District of Columbia. Internationally, educational and payment services reach over 600 schools across nearly 70 nations, primarily within Australia, New Zealand, and the Asia-Pacific region, supplemented by loan servicing operations in Canada. The company traces its origins to Nebraska, and its banking franchise operates from Salt Lake City, Utah.

Summary of the business section of Nelnet's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

“The restructuring plan included a reduction in headcount of approximately 40 associates.”