secwatch.observer — SEC 8-K summary
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Issuer:     NELNET INC (NNI)
CIK:        0001258602
Form:       8-K
Filed at:   2025-08-06T23:59:59+00:00
Accession:  0001258602-25-000049
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nelnet Q2 GAAP EPS $4.97 vs $1.23; ALLO gain $3.65/sh; loan servicing profit surges
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- GAAP net income $181.5M ($4.97/sh) vs $45.1M ($1.23/sh) YoY; adjusted (ex-derivatives) $184.4M ($5.05/sh).
- Recognized $175M pre-tax gain from partial ALLO redemption; ownership reduced from 45% to 27%.
- AGM net interest income $49.9M (+39% YoY); provision for loan losses $11.1M vs negative $4.2M; acquired $143M consumer loans.
- Loan Servicing revenue $120.7M (+11%); net income $15.2M vs $1.7M; servicing $516B loans for 14.5M borrowers.
- Education Technology revenue $118.2M (+1%); net income $17.9M vs $19.5M; solar EPC loss $13.4M with $12.9M contract reserves.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1258602/000125860225000049/0001258602-25-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1258602/000125860225000049/nni-20250806.htm
  HTML page:      https://secwatch.observer/filing/0001258602-25-000049

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