---
schema_version: "secwatch.filing_event.v1"
accession: "0001258602-24-000049"
form_type: "8-K"
ticker: "NNI"
cik: "0001258602"
company_name: "NELNET INC"
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T10:42:37.512025+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Nelnet Q2 GAAP net income $45.1M ($1.23/sh) up from $27.4M; loan servicing revenue down

## Summary
- GAAP net income $45.1M ($1.23/sh) vs $27.4M ($0.73/sh) YoY; adjusted $43.9M ($1.20/sh).
- Loan Servicing revenue $109.1M (-10.6% YoY) due to USDS contract transition; net income $1.7M vs $12.9M.
- Education Technology revenue $116.9M (+6.4% YoY); net income $19.5M vs $13.7M.
- Nelnet Bank net loss $2.8M vs profit $1.3M; $7.8M provision for loan losses.
- AGM net interest income $35.8M; $5.9M credit provision on residual securitization interests.

## SEC filing metadata
- accession: 0001258602-24-000049
- form_type: 8-K
- ticker: NNI
- cik: 0001258602
- company_name: NELNET INC
- filed_at: 2024-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1258602/000125860224000049/0001258602-24-000049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1258602/000125860224000049/nni-20240808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001258602-24-000049
- JSON: https://secwatch.observer/filing/0001258602-24-000049.json
- Plain text: https://secwatch.observer/filing/0001258602-24-000049.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.