TAL Education Group (TAL) Revenue History
Annual and quarterly revenue from 2009 to present
TAL Revenue Over Time (2009–2026)
TAL Revenue Growth History
15 of 17 years with positive growth- FY2009 revenue growth
- N/A
- FY2010 revenue growth
- +84.5%
- FY2011 revenue growth
- +59.9%
- FY2012 revenue growth
- +60.2%
- FY2013 revenue growth
- +27.3%
- FY2014 revenue growth
- +38.9%
- FY2015 revenue growth
- +38.3%
- FY2016 revenue growth
- +42.9%
- FY2017 revenue growth
- +67.9%
- FY2018 revenue growth
- +65.7%
- FY2019 revenue growth
- +48.4%
- FY2020 revenue growth
- +27.9%
- FY2021 revenue growth
- +37.8%
- FY2022 revenue growth
- -2.5%
- FY2023 revenue growth
- -76.9%
- FY2024 revenue growth
- +46.6%
- FY2025 revenue growth
- +51.1%
- FY2026 revenue growth
- +34.2%
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2026 | $808.0M | +32.4% |
| Q2 2026 | $861.4M | +39.1% |
| Q1 2026 | $575.0M | +38.8% |
| Q4 2025 | $610.2M | +41.8% |
| Q3 2025 | $606.4M | +62.4% |
| Q2 2025 | $619.4M | +50.4% |
| Q1 2025 | $414.2M | +50.4% |
| Q4 2024 | $430.4M | +60.3% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2022)
TAL's revenue distribution by segment and geography for fiscal year 2022
By Product/Segment
TAL Revenue Analysis (2009–2026)
Current Revenue & Growth
As of June 28, 2026, TAL Education Group (TAL) generated trailing twelve-month (TTM) revenue of $2.85 billion, reflecting explosive growth of +32.4% year-over-year. The most recent quarter (Q4 2026) recorded $808.0 million in revenue, down 6.2% sequentially.
Historical Growth Trajectory
TAL's 5-year compound annual growth rate (CAGR) stands at -7.7%, indicating revenue contraction over this period. The 3-year CAGR of +43.8% exceeds the 5-year average, indicating an acceleration in the most recent period. TAL Education Group's highest annual revenue of $4.51 billion was recorded in 2021.
Revenue by Segment
TAL's revenue is primarily driven by Small class learning services, personalized premium services and others (70%), and Online education services through www.xueersi.com (30%). With over half of revenue concentrated in Small class learning services, personalized premium services and others, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Consumer Defensive sector peers — including EDU (+7.3% YoY), GOTU (+35.0% YoY), and CHGG (-43.5% YoY) — TAL has outperformed the peer group in revenue growth. Compare TAL vs EDU →
TAL Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| TALCurrent | $2.9B | +32.4% | -7.7% | 9.2% | |
 EDU | $4.9B | +7.3% | +6.5% | 8.7% | |
 GOTU | $6.1B | +35.0% | -2.9% | -8.2% | |
 CHGG | $377M | -43.5% | -10.2% | -16.8% | |
 LOPE | $1.1B | -22.0% | +5.6% | 27.5% | |
 PRDO | $846M | +17.7% | +4.2% | 23.2% |
TAL Historical Revenue Data (2009–2026)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2026 | $3.02B | +34.2% | $1.67B | 55.4% | $277.1M | 9.2% |
| 2025 | $2.25B | +51.1% | $1.20B | 53.3% | $-3,155,000 | -0.1% |
| 2024 | $1.49B | +46.6% | $805.6M | 54.1% | $-85,614,736 | -5.7% |
| 2023 | $1.02B | -76.9% | $581.3M | 57.2% | $-113,001,619 | -11.1% |
| 2022 | $4.40B | -2.5% | $2.19B | 49.8% | $-130,516,114 | -3.0% |
| 2021 | $4.51B | +37.8% | $2.45B | 54.4% | $-351,266,322 | -7.8% |
| 2020 | $3.27B | +27.9% | $1.80B | 55.1% | $156.9M | 4.8% |
| 2019 | $2.56B | +48.4% | $1.40B | 54.6% | $334.3M | 13.1% |
| 2018 | $1.72B | +65.7% | $837.4M | 48.6% | $205.5M | 11.9% |
| 2017 | $1.04B | +67.9% | $519.8M | 49.9% | $131.2M | 12.6% |
| 2016 | $619.9M | +42.9% | $316.3M | 51.0% | $81.7M | 13.2% |
| 2015 | $434.0M | +38.3% | $230.9M | 53.2% | $66.8M | 15.4% |
| 2014 | $313.9M | +38.9% | $162.4M | 51.7% | $56.3M | 17.9% |
| 2013 | $225.9M | +27.3% | $110.2M | 48.8% | $31.4M | 13.9% |
| 2012 | $177.5M | +60.2% | $81.9M | 46.2% | $21.0M | 11.8% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
17+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
TAL — Frequently Asked Questions
Quick answers to the most common questions about buying TAL stock.
Is TAL's revenue growth accelerating or slowing?
TAL revenue growth is accelerating. TTM revenue reached $2.9B, up +32.4% year-over-year — ahead of the 5-year CAGR of -7.7%. This indicates the business is expanding faster than its historical baseline.
What is TAL's revenue history from 2009 to 2026?
TAL Education Group (TAL) revenue history spans 2009 to 2026. TTM revenue as of 2026 is $2.9B, growing at +32.4% YoY. The 5-year CAGR is -7.7%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is TAL's long-term revenue growth rate (CAGR)?
TAL Education Group's 5-year revenue CAGR of -7.7% reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +32.4% is above this long-term average. CAGR is the most reliable measure of sustained revenue momentum for TAL.
Why does TAL's quarterly revenue fluctuate?
TAL quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. TAL Education Group's revenue data from 2009 to 2026 shows full historical quarterly detail on this page.
How is TAL's revenue distributed by segment?
TAL reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does TAL's revenue compare to industry peers?
TAL Education Group (TAL) with TTM revenue of $2.9B and +32.4% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.