---
schema_version: "secwatch.filing_event.v1"
accession: "0001258602-26-000041"
form_type: "8-K"
ticker: "NNI"
cik: "0001258602"
company_name: "NELNET INC"
filed_at: "2026-08-06T20:17:27+00:00"
generated_at: "2026-08-06T20:20:30.833173+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Nelnet Q2 GAAP net income $66.7M vs $181.5M; prior year included $175M ALLO gain

## Summary
- GAAP net income $66.7M ($1.85/sh) vs $181.5M ($4.97/sh) in Q2 2025; prior year included $175M gain from ALLO redemption.
- Excluding ALLO gain, prior year net income was $48.5M ($1.32/sh); current year results improved.
- AGM acquired $3.07B consumer loans in Q2, including $2.86B Pay Later receivables; consumer loan portfolio grew to $1.21B.
- Loan Servicing revenue $132.2M (+9.5% YoY) driven by NDS Canada acquisition and consumer servicing growth.
- Board declared Q3 dividend $0.33/sh, payable Sept 15, 2026 to holders of record Sept 1.

## SEC filing metadata
- accession: 0001258602-26-000041
- form_type: 8-K
- ticker: NNI
- cik: 0001258602
- company_name: NELNET INC
- filed_at: 2026-08-06T20:17:27+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1258602/000125860226000041/0001258602-26-000041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1258602/000125860226000041/nni-20260806.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001258602-26-000041
- JSON: https://secwatch.observer/filing/0001258602-26-000041.json
- Plain text: https://secwatch.observer/filing/0001258602-26-000041.txt

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