Education
About Us
Working with TipRanks
Follow Us
New Oriental Education & Technology (EDU)
NYSE:EDU
Earnings Data
Report Date
Apr 28, 2026Before Open (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
0.85Last Year’s EPS
0.7Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a clear improvement in revenue, strong operating and non-GAAP profit growth, margin expansion, solid cash generation, and an upward revision to full-year guidance — driven by K-12 acceleration, new education initiatives, AI/OMO investments, and Eastbay recovery. Offsetting these positives are modest weakness and headwinds in parts of the overseas business, rising G&A and share-based compensation, and concentration of growth in top cities. Overall, the positive operational momentum and improved profitability and guidance outweighed the challenges discussed.Company Guidance
Top-line Growth
Total net revenue grew 14.7% year over year to $1.19 billion for Q2 FY2026, reflecting broad-based recovery and acceleration in core segments.
Strong Profitability Expansion
Non-GAAP operating income rose 206.9% year over year to $89.1 million; GAAP operating income was $66.3 million, up 244.4% year over year. Management also reported non-GAAP operating margin improvement of more than four percentage points (management cited ~470 bps of expansion).
Non-GAAP Net Income Growth
Non-GAAP net income attributable to New Oriental increased 68.6% year over year to $72.9 million; non-GAAP basic/diluted net income per ADS were $0.46 and $0.45, respectively.
Improved Cash Generation and Strong Liquidity
Net cash flow generated from operations was approximately $323.5 million for the quarter. Cash and cash equivalents were $1.8429 billion, with $161.6 million in term deposits and $1.8752 billion in short-term investments.
Raised Full-Year Guidance
Management raised full fiscal year 2026 total net revenue guidance to $5.2923 billion–$5.4883 billion, representing an 8%–12% year-over-year increase; quarter/near-term revenue range of $1.3132 billion–$1.3487 billion (11%–14% YoY) was also provided.
K-12 and New Education Initiatives Gaining Traction
K-9/new educational and high school tutoring businesses reported accelerated YoY revenue growth; management expects K-12 growth of ~20%+ YoY in Q3. Revenue from new education initiatives (non-academic tutoring, intelligent learning systems & devices) grew 22% YoY this quarter.
Eastbay (Easter buy) Recovery and Product Expansion
Eastbay refocused product mix and supply chain, expanded private-label SKUs to 801 SPUs across many categories, reported profitable vending-machine pilots in select cities, and is contributing to both top-line and bottom-line recovery with plans to scale nationwide.
Cost Discipline and Efficiency Gains
Selling and marketing expenses decreased 1.1% YoY to $194.1 million; management highlighted better utilization, operating leverage, cross-department customer-service integration and marketing efficiency contributing to margin expansion.
Shareholder Returns and Buyback
Board approved ordinary dividend of $0.12 per common share ($1.20 per ADS) with the first installment paid; share repurchase program authorized up to $300 million and ~1.6 million ADS repurchased for ~$86.3 million to date.
Deferred Revenue Growth (Prepaid/Backlog)
Deferred revenue increased 10.2% year over year to $2.1615 billion, indicating healthy upfront enrollments/prepaid services that support future recognized revenue.
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 |
|---|---|---|---|
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% |
Apr 23, 2025 | $43.90 | $43.60 | -0.68% |
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 Apr 28, 2026, Before Open (Confirmed).
What is New Oriental Education & Technology (EDU) earnings time?
New Oriental Education & Technology (EDU) earnings time is at Apr 28, 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 (Q3) is 0.85.
