
				Nelnet Financial Services
	Loan Servicing and Systems		Education Technology Services and Payments	Asset Generation and Management	Nelnet Bank	NFS Other Operating Segments	Corporate and Other Activities	Total
Goodwill as of December 31, 2025	$	23,639	92,507	41,883	—	—	—	158,029
Goodwill acquired during the period (NDS Canada)	46,969		—	—	—	—	—	46,969
Foreign currency translation	(1,068)		—	—	—	—	—	(1,068)

Goodwill as of March 31, 2026	69,540		92,507	41,883	—	—	—	203,930
Goodwill acquired during the period (a)	—		3,017	—	—	—	—	3,017
NDS Canada purchase price allocation adjustment	845		—	—	—	—	—	845
Foreign currency translation	(845)		(112)	—	—	—	—	(957)
Goodwill as of June 30, 2026	$	69,540	95,412	41,883	—	—	—	206,835

(a) On April 30, 2026, the Company acquired 100 percent of the outstanding stock of Australia‑based Invision Digital Pty Ltd, which was subsequently renamed Invision Marketing Services PTY Ltd and is the owner of the Passtab brand. Passtab is a leading school visitor, contractor, and compliance management platform, expanding Nelnet's global education technology offerings.