Nissan Auto Lease Trust 2026-B

10/27/2026 | Press release | Distributed by Public on 10/27/2026 10:05

Asset-Backed Issuer Distribution Report (Form 10-D)

NISSAN AUTO LEASE TRUST 2026-B

Servicer Report

Collection Period Start 1-Sep-26 Distribution Date

15-Oct-26

Collection Period End 30-Sep-26 30/360 Days

30

Beg. of Interest Period 15-Sep-26 Actual/360 Days

30

End of Interest Period 15-Oct-26
SUMMARY
Coupon Rate Initial Balance Beginning Balance Ending Balance Pool Factor

Total Portfolio

1,447,527,618.00 1,410,303,293.30 1,390,791,953.36 0.9608051

Total Securities

1,447,527,618.00 1,410,303,293.30 1,390,791,953.36 0.9608051

Class A-1 Notes

3.949000 % 127,200,000.00 89,975,675.30 70,464,335.36 0.5539649

Class A-2a Notes

4.440000 % 414,000,000.00 414,000,000.00 414,000,000.00 1.0000000

Class A-2b Notes

4.008500 % 80,000,000.00 80,000,000.00 80,000,000.00 1.0000000

Class A-3 Notes

4.690000 % 494,000,000.00 494,000,000.00 494,000,000.00 1.0000000

Class A-4 Notes

4.780000 % 84,800,000.00 84,800,000.00 84,800,000.00 1.0000000

Class B Notes

4.870000 % 49,940,000.00 49,940,000.00 49,940,000.00 1.0000000

Class C Notes

5.080000 % 39,800,000.00 39,800,000.00 39,800,000.00 1.0000000

Certificates

0.000000 % 157,787,618.00 157,787,618.00 157,787,618.00 1.0000000
Principal Payment Due Interest Payment Principal per $1000 Face Amount Interest per $1000
Face Amount

Class A-1 Notes

19,511,339.94 296,094.95 153.3910373 2.3277905

Class A-2a Notes

0.00 1,531,800.00 0.0000000 3.7000000

Class A-2b Notes

0.00 267,233.33 0.0000000 3.3404166

Class A-3 Notes

0.00 1,930,716.67 0.0000000 3.9083333

Class A-4 Notes

0.00 337,786.67 0.0000000 3.9833334

Class B Notes

0.00 202,673.17 0.0000000 4.0583334

Class C Notes

0.00 168,486.67 0.0000000 4.2333334

Certificates

0.00 0.00 0.0000000 0.0000000

Total Securities

19,511,339.94 4,734,791.46

I. COLLECTIONS

Lease Payments: ( Lease Series Assets)

Monthly Principal

15,527,217.31

Monthly Interest

9,481,193.21

Total Monthly Payments

25,008,410.52

Interest Rate Cap Payments

0.00

Advances:

Aggregate Monthly Payment Advances

863,192.45

Aggregate Sales Proceeds Advance

272,474.23

Total Advances

1,135,666.68

Vehicle Disposition Proceeds:

Repurchase Payments

0.00

Recoveries

0.00

Net Liquidation Proceeds (includes Reallocation Payments and Net Auction Proceeds)

4,353,795.59

Excess Wear and Tear and Excess Mileage

2,735.66

Remaining Payoffs

0.00

Net Insurance Proceeds

1,276,733.75

Residual Value Surplus

8,079.99

Total Collections

31,785,422.19
Vehicle Disposition Activity for the current month - Terminated and Sold
(included in Vehicle Disposition Proceeds)
Reallocation
Payments
and Net Auction
Proceeds
Net Insurance
Sales
Lease Payoffs Count

Early Termination

397,591.00 16

Involuntary Repossession

12,172.00 1

Voluntary Repossession

430,390.00 18

Full Termination

-  - 

Bankruptcty

-  - 

Insurance Payoff

1,259,208.79 47

Customer Payoff

147,383.50 4

Grounding Dealer Payoff

3,178,992.69 89

Dealer Purchase

73,924.88 2

Total

840,153.00 1,259,208.79 3,400,301.07 177

II. COLLATERAL POOL BALANCE DATA

Number Book Amount Discount Rate Securitization Value

Pool Balance - Beginning of Period

46,868 1,680,365,154.54 10.00000 % 1,410,303,293.30

Total Depreciation Received

(18,671,752.84 ) (13,724,274.07 )

Principal Amount of Gross Losses

(87 ) (2,848,465.68 ) (2,488,189.21 )

Repurchase / Reallocation

0 0.00 0.00

Early Terminations

(8 ) (245,297.79 ) (203,797.68 )

Scheduled Terminations

(105 ) (3,591,928.31 ) (3,095,078.98 )

Pool Balance - End of Period

46,668 1,655,007,709.92 1,390,791,953.36

Remaining Pool Balance

Lease Payment

593,951,688.99

Residual Value

796,840,264.37

Total

1,390,791,953.36

III. DISTRIBUTIONS

Total Collections

31,785,422.19

Reserve Amounts Available for Distribution

0.00

Total Available for Distribution

31,785,422.19

1. Amounts due Indenture Trustee as Compensation or Indemnity

0.00

2. Reimbursement of Payment Advance

625,872.32

3. Reimbursement of Sales Proceeds Advance

259,216.00

4. Servicing Fee:

Servicing Fee Due

1,175,252.74

Servicing Fee Paid

1,175,252.74

Servicing Fee Shortfall

0.00

Total Trustee, Advances and Servicing Fee Paid

2,060,341.06

NISSAN AUTO LEASE TRUST 2026-B

Servicer Report

5. Interest:

Class A-1 Notes Monthly Interest

Class A-1 Notes Interest Carryover Shortfall

0.00

Class A-1 Notes Interest on Interest Carryover Shortfall

0.00

Class A-1 Notes Monthly Available Interest Distribution Amount

296,094.95

Class A-1 Notes Monthly Interest Paid

296,094.95

Chg in Class A-1 Notes Int. Carryover Shortfall

0.00

Class A-2a Notes Monthly Interest

Class A-2a Notes Interest Carryover Shortfall

0.00

Class A-2a Notes Interest on Interest Carryover Shortfall

0.00

Class A-2a Notes Monthly Available Interest Distribution Amount

1,531,800.00

Class A-2a Notes Monthly Interest Paid

1,531,800.00

Chg in Class A-2a Notes Int. Carryover Shortfall

0.00

Class A-2b Notes Monthly Interest

Class A-2b Notes Interest Carryover Shortfall

0.00

Class A-2b Notes Interest on Interest Carryover Shortfall

0.00

Class A-2b Notes Monthly Available Interest Distribution Amount

267,233.33

Class A-2b Notes Monthly Interest Paid

267,233.33

Chg in Class A-2b Notes Int. Carryover Shortfall

0.00

Class A-3 Notes Monthly Interest

Class A-3 Notes Interest Carryover Shortfall

0.00

Class A-3 Notes Interest on Interest Carryover Shortfall

0.00

Class A-3 Notes Monthly Available Interest Distribution Amount

1,930,716.67

Class A-3 Notes Monthly Interest Paid

1,930,716.67

Chg in Class A-3 Notes Int. Carryover Shortfall

0.00

Class A-4 Monthly Interest

Class A-4 Notes Interest Carryover Shortfall

0.00

Class A-4 Notes Interest on Interest Carryover Shortfall

0.00

Class A-4 Notes Monthly Available Interest Distribution Amount

337,786.67

Class A-4 Notes Monthly Interest Paid

337,786.67

Chg in Class A-4 Notes Int. Carryover Shortfall

0.00

Class B Monthly Interest

Class B Notes Interest Carryover Shortfall

0.00

Class B Notes Interest on Interest Carryover Shortfall

0.00

Class B Notes Monthly Available Interest Distribution Amount

202,673.17

Class B Notes Monthly Interest Paid

202,673.17

Chg in Class B Notes Int. Carryover Shortfall

0.00

Class C Monthly Interest

Class C Notes Interest Carryover Shortfall

0.00

Class C Notes Interest on Interest Carryover Shortfall

0.00

Class C Notes Monthly Available Interest Distribution Amount

168,486.67

Class C Notes Monthly Interest Paid

168,486.67

Chg in Class C Notes Int. Carryover Shortfall

0.00

Certificate Monthly Interest

Certificate Interest Carryover Shortfall

0.00

Certificate Interest on Interest Carryover Shortfall

0.00

Certificate Monthly Available Interest Distribution Amount

0.00

Certificate Monthly Interest Paid

0.00

Chg in Certificate Int. Carryover Shortfall

0.00

Total Note and Certificate Monthly Interest

Total Note and Certificate Monthly Interest Due

4,734,791.46

Total Note and Certificate Monthly Interest Paid

4,734,791.46

Total Note and Certificate Interest Carryover Shortfall

0.00

Chg in Total Note and Certificate Int. Carryover Shortfall

0.00

Total Available for Principal Distribution

24,990,289.67

6. Total Monthly Principal Paid on the Notes

Total Monthly Principal Paid on the Notes

19,511,339.94

Total Noteholders' Principal Carryover Shortfall

0.00

Total Noteholders' Principal Distributable Amount

19,511,339.94

Chg in Total Noteholders' Principal Carryover Shortfall

0.00

7. Total Monthly Principal Paid on the Certificates

0.00

Total Certificateholders' Principal Carryover Shortfall

0.00

Total Certificateholders' Principal Distributable Amount

0.00

Chg in Total Certificateholders' Principal Carryover Shortfall

0.00

Remaining Available Collections

5,478,949.73

IV. RESERVE ACCOUNT

Initial Reserve Account Amount

5,790,110.47

Required Reserve Account Amount

9,408,929.52

Beginning Reserve Account Balance

9,408,929.52

Additional Cash Infusion

0.00

Reinvestment Income for the Period

0.00

Reserve Fund Available for Distribution

9,408,929.52

Reserve Fund Draw Amount

0.00

Deposit of Remaining Available Collections

5,478,949.73

Gross Reserve Account Balance

14,887,879.25

Remaining Available Collections Released to Seller

5,478,949.73

Total Ending Reserve Account Balance

9,408,929.52

NISSAN AUTO LEASE TRUST 2026-B

Servicer Report

V. POOL STATISTICS

Weighted Average Remaining Maturity

26.65

Monthly Prepayment Speed

55 %

Lifetime Prepayment Speed

53 %
$ units

Recoveries of Defaulted and Casualty Receivables

1,719,305.75

Securitization Value of Defaulted Receivables and Casualty Receivables

2,488,189.21 87

Aggregate Defaulted and Casualty Gain (Loss)

(768,883.46 )

Pool Balance at Beginning of Collection Period

1,410,303,293.30

Net Loss Ratio

Current Collection Period

-0.0545 %

Preceding Collection Period

-0.0201 %

Second Preceding Collection Period

-0.0105 %

Third Preceding Collection Period

0.0000 %

Cumulative Net Losses for all Periods

0.0835 % 1,207,991.96
% of BOP Pool Balance Amount Number

Delinquent Receivables:

31-60 Days Delinquent

0.71 % 9,986,354.76 324

61-90 Days Delinquent

0.16 % 2,317,663.35 75

91-120 Days Delinquent

0.10 % 1,383,473.87 46

More than 120 Days

0.00 % 56,471.68 2

Total Delinquent Receivables:

0.97 % 13,743,963.66 447
Amount Number

61+ Days Delinquencies as Percentage of Receivables

Current Collection Period

0.27 % 0.26 %

Preceding Collection Period

0.21 % 0.21 %

Second Preceding Collection Period

0.01 % 0.01 %

Third Preceding Collection Period

0.00 % 0.00 %

60 Day Delinquent Receivables

4,319,343.35

Delinquency Percentage

0.31 %

Delinquency Trigger

4.40 %

Does the Delinquency Percentage exceed the Delinquency Trigger?

No
$ units

Aggregate Sales Performance of Auctioned Vehicles

Sales Proceeds

397,591.00 16

Securitization Value

434,361.59 16

Aggregate Residual Value Surplus (Loss)

(36,770.59 )
$ units

Cumulative Sales Performance of Auctioned Vehicles

Cumulative Sales Proceeds

857,198.64 33

Cumulative Securitization Value

952,705.40 33

Cumulative Residual Value Surplus (Loss)

(95,506.76 )
VI. RECONCILIATION OF ADVANCES

Beginning Balance of Residual Advance

431,447.79

Reimbursement of Outstanding Advance

259,216.00

Additional Advances for current period

272,474.23

Ending Balance of Residual Advance

444,706.02

Beginning Balance of Payment Advance

2,061,008.38

Reimbursement of Outstanding Payment Advance

625,872.32

Additional Payment Advances for current period

863,192.45

Ending Balance of Payment Advance

2,298,328.51
VII. STATEMENTS TO NOTEHOLDERS

1. Has there been any material change in practices with respect to charge-offs, collection and management of delinquent Leases, and the effect of any grace period, re-aging, re-structuring, partial payments or other practices on delinquency and loss experience?

NO

2. Have there been any material modifications, extensions or waivers to Lease terms, fees, penalties or payments during the Collection Period?

NO

3. Have there been any material breaches of representations, warranties or covenants contained in the Leases?

NO

4. Has there been any new issuance of notes or other securities backed by the Series Assets Assets?

NO

5. Has there been any material additions, removals or substitutions of Series Assets Assets, or repurchases of Series Assets Assets?

NO

6. Has there been any material change in the underwriting, origination or acquisition of Leases?

NO
Nissan Auto Lease Trust 2026-B published this content on October 27, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on October 27, 2026 at 16:05 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]