New Oriental Education & Technology (EDU)
NYSE:EDU
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Earnings Data
Report Date
Aug 04, 2026Before Open (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
0.66Last Year’s EPS
0.61Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlighted strong top-line growth (~19.8% YoY) and substantial profitability expansion (non-GAAP operating income +42.8%, non-GAAP net income +34.3%), reinforced by raised full-year guidance, significant liquidity, active share repurchases and dividends, and traction in new initiatives (AI, OMO, New Oriental Home, Easterby). Near-term headwinds include rising cost of revenue, increased SG&A and share-based compensation, a small operating cash outflow, and a planned Q4 one-off restructuring charge (~$10–15M) tied to overseas consolidation; overseas study consulting showed a ~4% revenue decline. Overall, positives (strong growth, margin expansion, guidance raise, capital returns, strategic initiatives) outweigh the drawbacks, while management emphasizes cost discipline and AI-driven efficiency going forward.Company Guidance
Strong Revenue Growth
Total net revenue rose 19.8% year over year to $1.4173 billion in Q3, driven by broad-based growth across core education and new initiatives.
Material Profitability Expansion
Non-GAAP operating income increased 42.8% to $202.9 million and non-GAAP net income attributable to the company increased 34.3% to $152.2 million; GAAP operating income rose 44.8% to $180.3 million and GAAP net income attributable rose 45.3% to $126.8 million.
Margin Improvement and Drivers
Management reported meaningful margin expansion (management cited ~130 bps; analyst noted ~2.3 percentage points), driven by better utilization, operating leverage, cost control and higher profit contribution from East Bay (Easterby).
Raised Full-Year Guidance
Company raised fiscal 2026 total net revenue guidance to $5.5614 billion–$5.5987 billion, representing a year-over-year increase of approximately 13%–14%.
Healthy business-line performance
New and existing lines showed strong growth: non-academic tutoring and intelligent learning devices grew ~23% YoY; adults and university students business grew ~15% YoY; overseas test-prep grew ~7% YoY; K-12 guidance for Q4 implied continued healthy growth (management cited ~15%–20% for K-12 segments).
Strong liquidity and capital returns
Cash and equivalents of $1.7834 billion, plus $1.4917 billion in term deposits and $1.9532 billion in short-term investments; deferred revenue grew 7.8% YoY to $1.8859 billion. Board approved ordinary dividend ($0.12 per common share/$1.20 per ADS) and a $300 million share repurchase program ( ~$184.3 million deployed to repurchase ~3.3 million ADS to date).
Product & strategic initiatives gaining traction
New initiatives showing scale: New Oriental Home private-domain platform launched in 12 pilot cities with over 330k registered families and campaign activation rates of 10%–15%; intelligent learning system launched in ~60 cities; OMO platform investment of $30.6 million this quarter; Easterby expanding multi-platform live streaming and private-label plans.
Operational discipline and AI adoption
Management emphasized cost control since March 2025, disciplined capacity expansion (net new capacity ~8% in first three quarters; full-year target ~10%–14%), and active integration of AI across products and internal processes to improve efficiency and enable new product pilots.
EDU Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
EDU Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 22, 2026 | $56.36 | $54.73 | -2.89% |
Jan 28, 2026 | $55.97 | $58.95 | +5.32% |
Oct 28, 2025 | $59.92 | $57.91 | -3.35% |
Jul 30, 2025 | $46.23 | $43.88 | -5.09% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does New Oriental Education & Technology (EDU) report earnings?
New Oriental Education & Technology (EDU) is schdueled to report earning on Aug 04, 2026, Before Open (Confirmed).
What is New Oriental Education & Technology (EDU) earnings time?
New Oriental Education & Technology (EDU) earnings time is at Aug 04, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is EDU EPS forecast?
EDU EPS forecast for the fiscal quarter 2026 (Q4) is 0.66.
