New Oriental Education & Technology Group Inc. (EDU) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 |
|---|
| Sales/Revenue | 1.52B | 1.24B | 1.18B | 1.04B | 1.44B | 1.14B | 1.21B | 869.6M | 1.1B | 860.57M | 754.15M | 638.21M | 744.82M | 524.02M | 614.09M | 658.32M | 1.21B | 1.19B | 887.69M | 986.37M |
| Revenue Growth % | 6.1% | 9.37% | -2.01% | 19.44% | 30.49% | 32.08% | 60.09% | 36.26% | 47.69% | 64.22% | 22.81% | -3.05% | - | -56.76% | -48.42% | -25.84% | 51.79% | 28.95% | 13.05% | -7.97% |
| Cost of Goods Sold | 637.79M | 569.87M | 531.59M | 498.31M | 583.52M | 542.4M | 644.79M | 422.56M | 441.22M | 391.62M | 369.56M | 336.2M | 312.07M | 247.83M | 372.75M | 491.68M | 578.85M | 539.5M | 453.66M | 464.87M |
| COGS % of Revenue | 41.88% | 45.84% | 44.93% | 47.98% | 40.65% | 47.72% | 53.41% | 48.59% | 40.11% | 45.51% | 49% | 52.68% | 41.9% | 47.29% | 60.7% | 74.69% | 47.76% | 45.32% | 51.11% | 47.13% |
| Gross Profit | 885.18M | 673.28M | 651.47M | 540.32M | 851.89M | 594.28M | 562.5M | 447.04M | 658.8M | 468.96M | 384.59M | 302.02M | 432.75M | 276.2M | 241.34M | 166.65M | 633.14M | 651M | 434.03M | 521.5M |
| Gross Margin % | 58.12% | 54.16% | 55.07% | 52.02% | 59.35% | 52.28% | 46.59% | 51.41% | 59.89% | 54.49% | 51% | 47.32% | 58.1% | 52.71% | 39.3% | 25.31% | 52.24% | 54.68% | 48.89% | 52.87% |
| Gross Profit Growth % | 3.91% | 13.29% | 15.82% | 20.87% | 29.31% | 26.72% | 46.26% | 48.02% | 52.23% | 69.79% | 59.35% | 81.23% | - | -56.38% | -62.93% | -61.6% | 55.41% | 24.1% | 1.82% | -17.43% |
| Operating Expenses | 574.36M | 681.96M | 526.95M | 521.07M | 558.75M | 583.75M | 449.07M | 425.7M | 453.68M | 420.9M | 318.1M | 304.51M | 354.77M | 381.85M | 382.54M | 934.75M | 735.5M | 549.53M | 466.17M | 371.19M |
| OpEx % of Revenue | 37.71% | 54.86% | 44.54% | 50.17% | 38.93% | 51.36% | 37.2% | 48.95% | 41.24% | 48.91% | 42.18% | 47.71% | 47.63% | 72.87% | 62.29% | 141.99% | 60.69% | 46.16% | 52.52% | 37.63% |
| Selling, General & Admin | 574.36M | 623.31M | 526.95M | 521.07M | 558.75M | 583.75M | 449.07M | 425.7M | 453.68M | 420.9M | 318.1M | 304.51M | 354.77M | 381.85M | 382.54M | 934.75M | 703.71M | 549.53M | 466.17M | 371.19M |
| SG&A % of Revenue | 37.71% | 50.14% | 44.54% | 50.17% | 38.93% | 51.36% | 37.2% | 48.95% | 41.24% | 48.91% | 42.18% | 47.71% | 47.63% | 72.87% | 62.29% | 141.99% | 58.06% | 46.16% | 52.52% | 37.63% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | 0 | 0 | 0 |
| Operating Income | 311.37M | -8.67M | 124.52M | 19.25M | 293.15M | 10.53M | 113.43M | 21.34M | 205.12M | 48.05M | 66.49M | -2.49M | 77.99M | -105.65M | -141.19M | -768.1M | -102.36M | 101.47M | -32.15M | 150.31M |
| Operating Margin % | 20.45% | -0.7% | 10.53% | 1.85% | 20.42% | 0.93% | 9.4% | 2.45% | 18.65% | 5.58% | 8.82% | -0.39% | 10.47% | -20.16% | -22.99% | -116.68% | -8.45% | 8.52% | -3.62% | 15.24% |
| Operating Income Growth % | 6.22% | -182.4% | 9.77% | -9.78% | 42.91% | -78.09% | 70.6% | 957.8% | 163.02% | 145.48% | 147.09% | 99.68% | - | -3.21% | -239.15% | -2289.35% | -1098.17% | -13.46% | -227.07% | -38.95% |
| EBITDA | 347.85M | 18.03M | 151.22M | 45.96M | 319.86M | 37.23M | 144.11M | 52.02M | 235.8M | 78.73M | 115.1M | 46.12M | 126.6M | -84.26M | -83.58M | -710.49M | -44.75M | 139.22M | 14.02M | 196.47M |
| EBITDA Margin % | 22.84% | 1.45% | 12.78% | 4.42% | 22.28% | 3.28% | 11.94% | 5.98% | 21.44% | 9.15% | 15.26% | 7.23% | 17% | -16.08% | -13.61% | -107.92% | -3.69% | 11.69% | 1.58% | 19.92% |
| EBITDA Growth % | 8.75% | -51.57% | 4.94% | -11.65% | 35.65% | -52.71% | 25.2% | 12.79% | 86.26% | 193.44% | 237.7% | 106.49% | - | -88.28% | -160.04% | -5167.34% | -164.03% | -4.48% | -73.94% | -29.93% |
| D&A (Non-Cash Add-back) | 36.47M | 26.7M | 26.7M | 26.7M | 26.7M | 26.7M | 30.68M | 30.68M | 30.68M | 30.68M | 48.61M | 48.61M | 48.61M | 21.39M | 57.61M | 57.61M | 57.61M | 37.75M | 46.17M | 46.17M |
| EBIT | 339.66M | 51.63M | 142.25M | 46.48M | 320.53M | 34.15M | 118.49M | 43.66M | 238.6M | 59.36M | 113.62M | 20.53M | 107.92M | -151.58M | -108.79M | -782.2M | -66.34M | 101.47M | -32.15M | 150.31M |
| Net Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 113.75M | 0 | 0 | 0 | -41.99M | 0 | -73.56M | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 113.75M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 41.99M | 0 | 73.56M | 0 | 0 | 0 | 0 |
| Other Income/Expense | 28.29M | 21.55M | 17.73M | 27.22M | 27.38M | 23.63M | 5.06M | 22.32M | 33.48M | 11.3M | 47.13M | 23.02M | 29.93M | -75.4M | 32.41M | -87.65M | -2.19M | 72.14M | 66.74M | 59.65M |
| Pretax Income | 339.66M | 12.87M | 142.25M | 46.48M | 320.53M | 34.15M | 118.49M | 43.66M | 238.6M | 59.36M | 113.62M | 20.53M | 107.92M | -181.05M | -108.79M | -855.75M | -104.56M | 173.61M | 34.6M | 209.96M |
| Pretax Margin % | 22.3% | 1.04% | 12.02% | 4.47% | 22.33% | 3% | 9.81% | 5.02% | 21.69% | 6.9% | 15.07% | 3.22% | 14.49% | -34.55% | -17.71% | -129.99% | -8.63% | 14.58% | 3.9% | 21.29% |
| Income Tax | 91.7M | 1.53M | 52.58M | 14.63M | 77.55M | 5.53M | 32.7M | 8.93M | 62.53M | 19.44M | 19.34M | 3.94M | 23.34M | 5.62M | 16.86M | 94.85M | -29.32M | 46.97M | 6.82M | 59.12M |
| Effective Tax Rate % | 27% | 11.93% | 36.96% | 31.48% | 24.19% | 16.19% | 27.6% | 20.45% | 26.21% | 32.75% | 17.02% | 19.2% | 21.63% | -3.1% | -15.5% | -11.08% | 28.04% | 27.06% | 19.7% | 28.16% |
| Net Income | 241.15M | 7.12M | 87.25M | 31.93M | 245.43M | 26.97M | 87.17M | 30.07M | 165.39M | 28.96M | 81.65M | 732K | 66M | -189.3M | -122.44M | -936.51M | -45.47M | 151.33M | 53.9M | 174.65M |
| Net Margin % | 15.83% | 0.57% | 7.38% | 3.07% | 17.1% | 2.37% | 7.22% | 3.46% | 15.03% | 3.37% | 10.83% | 0.11% | 8.86% | -36.12% | -19.94% | -142.26% | -3.75% | 12.71% | 6.07% | 17.71% |
| Net Income Growth % | -1.75% | -73.61% | 0.1% | 6.2% | 48.4% | -6.86% | 6.76% | 4007.38% | 150.58% | 115.3% | 166.68% | 100.08% | - | -316.36% | -180.91% | -1837.43% | -444.67% | 9.88% | 0.87% | -16.43% |
| Net Income (Continuing) | 247.96M | 11.34M | 89.67M | 31.85M | 242.98M | 28.62M | 85.79M | 34.73M | 176.07M | 39.92M | 94.28M | 16.59M | 84.58M | -186.67M | -125.65M | -950.6M | -75.23M | 126.64M | 27.78M | 150.83M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 305.73M | 291.86M | 289.31M | 281.81M | 270.31M | 273.08M | 276.21M | 266.19M | 240.41M | 210.44M | 151.08M | 135.91M | 110.58M | 88.02M | 81.81M | 75.97M | 104.9M | 129.35M | 112.63M | 124.01M |
| EPS (Diluted) | 1.50 | 0.05 | 0.54 | 0.19 | 1.50 | 0.16 | 0.52 | 0.18 | 0.99 | 0.17 | 0.49 | 0.00 | 0.39 | -1.10 | -0.72 | -5.50 | -0.27 | 0.89 | 0.33 | 1.10 |
| EPS Growth % | 0% | -71.88% | 3.85% | 5.56% | 51.52% | -5.88% | 6.12% | - | 153.85% | 115.45% | 168.06% | 100.07% | - | -307.41% | -180.9% | -1766.67% | -425.3% | 3.49% | -2.94% | -15.38% |
| EPS (Basic) | 1.50 | 0.05 | 0.54 | 0.19 | 1.50 | 0.16 | 0.53 | 0.18 | 1.00 | 0.18 | 0.49 | 0.00 | 0.39 | -1.10 | -0.72 | -5.60 | -0.27 | 0.90 | 0.33 | 1.10 |
| Diluted Shares Outstanding | 159.86M | 158.8M | 162.48M | 165.9M | 165.9M | 167.13M | 167.17M | 166.97M | 166.53M | 166.87M | 168.14M | 169.94M | 170.23M | 172.09M | 169.7M | 170.28M | 167.38M | 169.53M | 161.93M | 159.77M |
| Basic Shares Outstanding | 158.79M | 158.8M | 161.29M | 164.87M | 164.87M | 165.32M | 165.5M | 165.51M | 165.12M | 165.31M | 166.99M | 169.94M | 170.08M | 169.7M | 169.7M | 166.14M | 167.01M | 168.97M | 161.34M | 158.93M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |