NELNET INC
Nelnet, Inc. (NASDAQ: NNI) operates as a diversified financial services and technology company headquartered in the education sector with expanding operations across consumer lending, loan servicing, payments, and technology-enabled services. The company's website is www.nelnet.com. From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What NELNET INC does
In the company’s own words
Nelnet, Inc. (NASDAQ: NNI) operates as a diversified financial services and technology company headquartered in the education sector with expanding operations across consumer lending, loan servicing, payments, and technology-enabled services. The company's website is www.nelnet.com.
The company maintains four primary reportable operating segments. Loan Servicing and Systems, branded as Nelnet Diversified Services, focuses on student and consumer loan servicing, loan servicing technology solutions, and business process outsourcing. As of December 31, 2025, this segment serviced $486.2 billion in loans for 13.2 million borrowers, with the U.S. Department of Education representing the largest customer at 21% of total company revenue. Education Technology Services and Payments, operating under Nelnet Business Services, provides education and payment technology to K-12 schools, higher education institutions, and businesses through brands including FACTS, Nelnet Campus Commerce, Nelnet Payment Services, and Nelnet International. Asset Generation and Management manages a $8.7 billion loan portfolio consisting primarily of federally insured student loans alongside private education and consumer loans. Nelnet Bank operates as an internet-chartered industrial bank focused on private education and unsecured consumer lending, with $957.6 million in loans and $1.76 billion in deposits as of year-end 2025.
The company was originally formed in Nebraska in 1978 to service federal student loans. Following the 2010 discontinuation of new Federal Family Education Loan Program originations, Nelnet strategically diversified beyond its core student loan servicing business through acquisitions and organic growth initiatives. The company maintains a $7.6 billion FFELP loan portfolio and has expanded into renewable energy tax equity investments, real estate development, reinsurance operations, and venture capital investments in emerging growth companies.
Nelnet's competitive advantages include scalable servicing platforms, proprietary technology systems, and integrated service delivery capabilities. The company operates substantially all revenue-generating activities in the United States and holds significant market positions as the largest provider of tuition management services to the K-12 private education market and a leading loan servicer for federal student loan programs.
Company details
- Sector
- Financials
- Industry
- Banks & Brokers
- Headquarters
- LINCOLN, NE
- Fiscal year end
- December
- CIK
- 1258602
- SIC
- 6141
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns NELNET INC — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · NELNET INC’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
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