Nelnet IncNNI
▼ NegativeCapitalrelevance
Missed revenue and EPS estimates, with revenue down 20.5% YoY and EPS below consensus.
Impact on assets 1
Financials
Nelnet IncNelnet Misses Q2 CY2026 Revenue Estimates
2▲0 ▼1Impact / 5
Nelnet reported second-quarter CY2026 revenue of $410 million, missing analyst estimates of $420 million and marking a 20.5% year-on-year decline. Net interest income came in at $96.01 million, below the $105 million consensus, while adjusted earnings per share of $1.77 fell 16.9% short of the expected $2.13. Pre-tax profit was $65.41 million, representing a 16% margin. CEO Jeff Noordhoek described the results as reflecting the strength of the company's diversified strategy across consumer lending, servicing, payments, and technology. The stock remained flat at $135.20 following the release.
Nelnet IncMissed revenue and EPS estimates, with revenue down 20.5% YoY and EPS below consensus.