For fiscal 2026 (ended May 31, 2026), New Oriental Education & Technology Group Inc. Sponsored ADR r reported $5.66B of revenue and $475.17M of net income.
EDU revenue was $5.66B for fiscal 2026 (ended May 31, 2026), up 15.5% from fiscal 2025. Compound annual growth was +5.8% over 5 years and +14.4% over 10 years. It rose in 8 of the last 10 fiscal years. Fiscal 2026 is the highest of the 15 fiscal years on file.
EDU net income was $475.17M for fiscal 2026 (ended May 31, 2026), up 27.8% from fiscal 2025. Compound annual growth was +7.3% over 5 years and +7.8% over 10 years. It rose in each of the last 3 fiscal years. Fiscal 2026 is the highest of the 15 fiscal years on file.
EDU diluted EPS was $0.30 for fiscal 2026 (ended May 31, 2026), up 30.4% from fiscal 2025. Compound annual growth was +8.4% over 5 years and +7.7% over 10 years.
EDU free cash flow was $780.21M for fiscal 2026 (ended May 31, 2026), up 19.2% from fiscal 2025. Compound annual growth was +2.2% over 5 years and +5.4% over 10 years. It rose in 2 of the last 3 fiscal years.
| Line item | May 31, 2026 | May 31, 2025 | May 31, 2024 | May 31, 2023 | May 31, 2022 | May 31, 2021 | May 31, 2020 | May 31, 2019 | May 31, 2018 | May 31, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.66B | $4.90B | $4.31B | $3.00B | $3.11B | $4.28B | $3.58B | $3.10B | $2.45B | $1.80B |
| Cost of revenue | $2.57B | $2.18B | $2.05B | $1.41B | $1.75B | $2.04B | $1.59B | $1.38B | $1.07B | $749.59M |
| Gross profit | $3.09B | $2.72B | $2.26B | $1.59B | $1.35B | $2.24B | $1.99B | $1.72B | $1.38B | $1.05B |
| Selling, general and admin | $1.59B | $1.44B | $1.25B | $953.58M | $1.87B | $1.49B | $1.15B | $1.03B | $794.48M | $554.95M |
| Operating income | $643.25M | $428.25M | $350.43M | $190.05M | -$982.51M | $117.27M | $399.00M | $305.53M | $262.96M | $262.15M |
| Interest expense | $28.0K | $311.0K | $298.0K | $707.0K | $4.05M | $6.75M | $4.63M | $1.61M | - | - |
| Pre-tax income | $730.55M | $536.38M | $493.84M | $308.53M | -$1.03B | $314.98M | $487.84M | $315.85M | $357.02M | $330.71M |
| Income tax | $196.11M | $146.29M | $109.69M | $66.07M | $136.31M | $83.59M | $134.36M | $85.71M | $59.41M | $50.62M |
| Net income | $475.17M | $371.72M | $309.59M | $177.34M | -$1.19B | $334.41M | $413.33M | $238.06M | $296.13M | $274.46M |
| EPS, basic | $0.30 | $0.23 | $0.19 | $0.11 | -$0.70 | $0.20 | $0.26 | $0.15 | $0.19 | $0.17 |
| EPS, diluted | $0.30 | $0.23 | $0.18 | $0.10 | -$0.70 | $0.20 | $0.26 | $0.15 | $0.19 | $0.17 |
| Diluted shares | 1.60B | 1.63B | 1.67B | 1.69B | 1.70B | 1.65B | 1.60B | 1.59B | 1.59B | 1.58B |
| Line item | May 31, 2026 | May 31, 2025 | May 31, 2024 | May 31, 2023 | May 31, 2022 | May 31, 2021 | May 31, 2020 | May 31, 2019 | May 31, 2018 | May 31, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $1.82B | $1.61B | $1.59B | $1.81B | $1.19B | $1.63B | $919.42M | $1.42B | $986.76M | $644.67M |
| Receivables | $36.99M | $33.63M | $29.69M | $33.07M | $16.43M | $8.67M | $4.18M | $3.30M | $3.18M | $3.34M |
| Inventory | $105.80M | $80.88M | $92.81M | $52.69M | $27.93M | $31.18M | $31.32M | $29.05M | $40.17M | $31.74M |
| Current assets | $5.83B | $5.19B | $5.39B | $4.41B | $4.47B | $6.57B | $3.76B | $3.47B | $2.94B | $2.33B |
| Goodwill | $46.56M | $43.83M | $103.96M | $105.51M | $70.80M | $73.25M | $80.37M | $79.61M | $31.73M | $14.08M |
| Total assets | $8.79B | $7.81B | $7.53B | $6.39B | $6.03B | $10.15B | $6.56B | $4.65B | $3.98B | $2.92B |
| Current liabilities | $3.89B | $3.29B | $3.00B | $2.25B | $1.71B | $3.47B | $2.48B | $2.01B | $1.75B | $1.20B |
| Long-term debt | - | - | - | - | - | $0 | $117.88M | $96.46M | - | - |
| Total debt | - | - | - | - | - | $0 | $117.88M | $96.46M | - | - |
| Total liabilities | $4.47B | $3.85B | $3.48B | $2.58B | $2.24B | $5.13B | $3.69B | $2.12B | $1.76B | $1.20B |
| Shareholders' equity | $3.99B | $3.66B | $4.05B | $3.81B | $3.79B | $5.02B | $2.87B | $2.53B | $2.01B | $1.72B |
| Line item | May 31, 2026 | May 31, 2025 | May 31, 2024 | May 31, 2023 | May 31, 2022 | May 31, 2021 | May 31, 2020 | May 31, 2019 | May 31, 2018 | May 31, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.03B | $896.59M | $1.12B | $971.01M | -$1.28B | $1.13B | $804.46M | $805.65M | $781.13M | $622.69M |
| Capital expenditures | $246.87M | $241.94M | $249.39M | $143.04M | $150.74M | $429.20M | $309.55M | $269.14M | $214.25M | $105.74M |
| Free cash flow | $780.21M | $654.65M | $873.25M | $827.96M | -$1.43B | $700.89M | $494.91M | $536.51M | $566.87M | $516.96M |
| Investing cash flow | -$457.70M | -$93.43M | -$1.15B | -$37.41M | $1.17B | -$2.18B | -$1.26B | -$574.71M | -$407.14M | -$672.40M |
| Financing cash flow | -$380.15M | -$584.97M | -$160.44M | -$246.87M | -$230.86M | $1.65B | -$17.86M | $266.65M | -$74.88M | $4.79M |
| Dividends paid | $96.36M | $98.20M | - | - | - | - | - | - | $71.15M | - |
| Share repurchases | $230.89M | $445.50M | $62.94M | $191.63M | - | - | - | - | - | - |
| Stock-based compensation | $88.47M | $59.93M | $122.46M | $89.79M | $132.97M | $68.88M | $62.06M | $71.34M | $57.44M | $20.29M |
| Depreciation and amortization | $171.74M | $139.81M | $100.65M | $117.04M | $192.29M | $225.66M | $146.31M | $110.04M | $77.08M | $53.86M |
| Line item | May 31, 2026 | May 31, 2025 | May 31, 2024 | May 31, 2023 | May 31, 2022 | May 31, 2021 | May 31, 2020 | May 31, 2019 | May 31, 2018 | May 31, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 15.5% | 13.6% | 43.9% | -3.5% | -27.4% | 19.5% | 15.6% | 26.5% | 36.0% | 21.7% |
| Net income growth, YoY | 27.8% | 20.1% | 74.6% | - | - | -19.1% | 73.6% | -19.6% | 7.9% | 22.0% |
| EPS growth, YoY | 30.4% | 27.8% | 80.0% | - | - | -23.1% | 73.3% | -19.8% | 7.5% | 21.7% |
| Gross margin | 54.6% | 55.4% | 52.5% | 53.0% | 43.5% | 52.4% | 55.6% | 55.6% | 56.5% | 58.3% |
| Operating margin | 11.4% | 8.7% | 8.1% | 6.3% | -31.6% | 2.7% | 11.1% | 9.9% | 10.7% | 14.6% |
| Net margin | 8.4% | 7.6% | 7.2% | 5.9% | -38.2% | 7.8% | 11.5% | 7.7% | 12.1% | 15.3% |
| Free cash flow margin | 13.8% | 13.4% | 20.2% | 27.6% | -46.1% | 16.4% | 13.8% | 17.3% | 23.2% | 28.7% |
| Return on equity | 11.9% | 10.2% | 7.6% | 4.6% | -31.3% | 6.7% | 14.4% | 9.4% | 14.7% | 16.0% |
| Return on assets | 5.4% | 4.8% | 4.1% | 2.8% | -19.7% | 3.3% | 6.3% | 5.1% | 7.4% | 9.4% |
| Current ratio | 1.50 | 1.58 | 1.80 | 1.96 | 2.62 | 1.89 | 1.52 | 1.73 | 1.68 | 1.93 |
| Debt to equity | - | - | - | - | - | 0.00 | 0.04 | 0.04 | - | - |
Source: XBRL data New Oriental Education & Technology Group Inc. Sponsored ADR r files with the SEC, latest filing dated Sep 22, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
Per-share figures and share counts are restated for stock splits the filings show: 10-for-1, first reported Sep 24, 2021.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| EDU | $5.66B | +15.5% | $475.17M | 8.4% | $8.53B |
| SE | $22.94B | +36.4% | $1.58B | 6.9% | $46.38B |
| IT | $6.44B | -0.2% | $954.41M | 14.8% | $11.99B |
| RTO | $6.91B | +4.4% | $470.00M | 6.8% | $11.91B |
| SCI | $3.31B | +3.4% | $561.30M | 17.0% | $10.02B |
| HRB | $3.95B | +4.9% | $733.60M | 18.6% | $6.46B |
| TAL | $3.01B | +33.7% | $530.75M | 17.6% | $5.63B |
| GHC | $5.12B | +4.3% | $496.96M | 9.7% | $5.05B |
| LAUR | $1.91B | +20.9% | $388.28M | 20.3% | $4.56B |