EDU Q2 2026 Earnings Report — New Oriental Education & Technology Group Inc. Revenue & Financial Results | Market Cap Arena

New Oriental Education & Technology Group Inc.EDU

Q2 2026 Earnings

Reported January 28, 2026

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Metric	Q2 2026	Q1 2026	Q2 2025	QoQ Change	YoY Change
Revenue	$1.2B	$1.5B	—	-21.6%	—
Op. Income	$66M	$311M	—	-78.7%	—
Gross Margin	53.3%	58.1%	—	-4.9pp	—
Net Margin	3.8%	15.8%	—	-12.0pp	—
EPS (Diluted)	$0.28	$1.50	—	-81.3%	—

Revenue Flow

Item	Amount
REVENUE	$1.2B
Cost of Revenue	$558M
GROSS PROFIT	$636M
R&D Expenses	$0
Selling & Marketing	$194M
General & Administrative	$374M
SG&A Expenses	$569M
Other Expenses	$0
Operating Expenses	$569M
Cost & Expenses	$1.1B
OPERATING INCOME	$66M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$14M
INCOME BEFORE TAX	$81M
Income Tax Expense	$25M
Net Income from Continuing Ops	$56M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$46M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$46M
D&A	$0
EBIT	$81M
EBITDA	$81M
EPS	$0
EPS Diluted	$0

Income Statement

Item	Amount
REVENUE	$1.2B
Cost of Revenue	$558M
GROSS PROFIT	$636M
R&D Expenses	$0
Selling & Marketing	$194M
General & Administrative	$374M
SG&A Expenses	$569M
Other Expenses	$0
Operating Expenses	$569M
Cost & Expenses	$1.1B
OPERATING INCOME	$66M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$14M
INCOME BEFORE TAX	$81M
Income Tax Expense	$25M
Net Income from Continuing Ops	$56M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$46M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$46M
D&A	$0
EBIT	$81M
EBITDA	$81M
EPS	$0
EPS Diluted	$0

Balance Sheet

Item	Amount
Cash & Equivalents	$1.8B
Short-Term Investments	$3.1B
Net Receivables	$43M
Inventory	$92M
Other Current Assets	$515M
TOTAL CURRENT ASSETS	$5.6B
PP&E (Net)	$1.6B
Goodwill	$45M
Intangible Assets	$66M
Long-Term Investments	$761M
Tax Assets	$80M
Other Non-Current Assets	$172M
TOTAL NON-CURRENT ASSETS	$2.7B
TOTAL ASSETS	$8.3B
Account Payables	$95M
Short-Term Debt	$0
Deferred Revenue	$2.2B
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$3.6B
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$14M
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$532M
TOTAL LIABILITIES	$4.1B
Common Stock	$0
Additional Paid-In Capital	$0
Retained Earnings	$0
Treasury Stock	$0
Accum. Other Comp. Income	$0
Other Equity	$3.9B
TOTAL STOCKHOLDERS' EQUITY	$3.9B
Minority Interest	$319M
TOTAL EQUITY	$4.2B
TOTAL LIABILITIES & EQUITY	$8.3B
Total Debt	$780M
Net Debt	-$1.1B