secwatch.observer — SEC 8-K summary
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Issuer:     NELNET INC (NNI)
CIK:        0001258602
Form:       8-K
Filed at:   2026-08-06T20:17:27+00:00
Accession:  0001258602-26-000041
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1258602/000125860226000041/0001258602-26-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1258602/000125860226000041/nni-20260806.htm
  HTML page:      https://secwatch.observer/filing/0001258602-26-000041

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