v3.26.1
Disaggregated Revenue
 6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Disaggregated Revenue Disaggregated Revenue
The following tables present disaggregated revenue for the Company's fee-based operating segments:
Loan Servicing and Systems
Three months ended June 30,Six months ended June 30,
2026202520262025
Department of Education loan servicing$74,639 85,737 150,759 173,100 
Canada student loans (a)17,685 — 29,016 — 
Private education and consumer loan servicing26,114 22,733 51,775 45,426 
FFELP loan servicing1,968 2,241 4,222 4,873 
Software services11,384 9,452 23,147 16,444 
Outsourced services454 561 1,167 1,622 
Loan servicing and systems revenue$132,244 120,724 260,086 241,465 
(a)    On February 2, 2026, the Company acquired a Canadian student loan servicing business, NDS Canada. The operating results of NDS Canada are included in the Company's consolidated operating results beginning on the acquisition date of February 2, 2026. See note 6 for additional information.
Education Technology Services and Payments
Three months ended June 30,Six months ended June 30,
2026202520262025
Tuition payment plan services$37,005 36,013 78,859 76,085 
Payment processing39,409 37,515 95,297 89,051 
Education technology services42,312 44,481 98,426 100,177 
Other158 175 737 202 
Education technology services and payments revenue$118,884 118,184 273,319 265,515 
Other Income (Expense)
The following table presents the components of "other, net" in "other income (expense)" on the consolidated statements of income:
Three months ended June 30,Six months ended June 30,
2026202520262025
Investment activity, net$19,643 14,837 35,794 28,412 
Borrower late fee income7,791 1,642 16,249 3,231 
Administration/sponsor fee income1,606 1,293 3,155 2,598 
Investment advisory services (WRCM)1,380 1,504 2,715 2,977 
Loss from solar investments, net(22,497)(1,502)(45,028)(1,046)
Other10,476 5,202 15,951 11,407 
Other, net$18,399 22,976 28,836 47,579