EDU Filings — New Oriental Education & Technology Group Inc. - FilingSpy
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New Oriental Education & Technology Group Inc.
A major private education company in China, New Oriental runs test-preparation courses for exams like TOEFL, IELTS, GRE, and the Gaokao, plus language and lifelong-learning programs. It began in 1993 when English teacher Yu Minhong, after failing to win a US scholarship, started tutoring students from his own classroom. The Chinese name, Xīn Dōngfāng, means "New East" — and Yu credits his bricklayer father's habit of collecting stray bricks as the inspiration for building his business one small step at a time.
New Oriental reports Q4 FY2026 net revenue up 23.0% to US$1,529.5 million; net income up 775.8% to US$62.2 million.
Operating income for Q4 FY2026 was US$85.8 million, compared to an operating loss of US$8.7 million in the prior-year period.
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Total net revenues for Q4 FY2026 were US$1,529.5 million, a 23.0% increase year over year.
Net income attributable to New Oriental for Q4 FY2026 was US$62.2 million, up 775.8% year over year.
For fiscal year 2026, net revenues were US$5,661.3 million, up 15.5% year over year; net income attributable to New Oriental was US$475.2 million, up 27.8%.
The board approved a FY2027 cash dividend of approximately US$300 million and a new share repurchase program of up to US$200 million.
New Oriental reports Q3 FY2026 revenue up 19.8% to $1.42B, net income up 45.3%
Total net revenues for the third fiscal quarter ended February 28, 2026 were US$1,417.3 million, a 19.8% increase year over year.
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Operating income rose 44.8% to US$180.3 million, and net income attributable to New Oriental increased 45.3% to US$126.8 million.
Non-GAAP operating income was US$202.9 million, up 42.8%, and non-GAAP net income attributable to New Oriental was US$152.2 million, up 34.3%.
The board approved a second installment dividend of US$0.06 per common share (US$0.6 per ADS), payable on or around June 2, 2026 for common shares and June 5, 2026 for ADSs, to holders of record as of May 15, 2026.
The company raised its full-year fiscal 2026 revenue guidance to a range of US$5,561.4 million to US$5,598.7 million, representing 13% to 14% year-over-year growth.
New Oriental reports Q2 FY2026 revenue up 14.7% to $1,191.4M, operating income up 244.4%
Total net revenues for the second fiscal quarter ended November 30, 2025 were US$1,191.4 million, a 14.7% increase year over year.
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Operating income rose 244.4% to US$66.3 million, and net income attributable to New Oriental increased 42.3% to US$45.5 million.
Non-GAAP operating income was US$89.1 million, up 206.9%, and non-GAAP net income attributable to New Oriental was US$72.9 million, up 68.6%.
The company raised its full-year fiscal 2026 revenue guidance to a range of US$5,292.3 million to US$5,488.3 million, representing 8% to 12% year-over-year growth.
As of January 27, 2026, the company had repurchased approximately 1.6 million ADSs for about US$86.3 million under its US$300 million share repurchase program.
New Oriental shareholders re-elect Dr. Yue Zhuge as director at 2025 AGM
New Oriental Education & Technology Group Inc. held its 2025 annual general meeting of shareholders in Beijing on November 21, 2025.
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The proposed ordinary resolution to re-elect Dr. Yue Zhuge as a director was duly passed by shareholders.
The company announced the AGM results via a press release and a Hong Kong Stock Exchange announcement on November 21, 2025.
The board of directors comprises Michael Minhong Yu, Chenggang Zhou, Louis T. Hsieh, and independent directors Robin Yanhong Li, Denny Lee, and Dr. Yue Zhuge.
New Oriental reports Q1 FY2026 revenue up 6.1% to $1,523.0M, net income down 1.9%
Total net revenues for the first fiscal quarter ended August 31, 2025 were US$1,523.0 million, a 6.1% increase year over year.
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Operating income rose 6.0% to US$310.8 million, while net income attributable to New Oriental decreased 1.9% to US$240.7 million.
The board approved an ordinary cash dividend of US$0.12 per common share (US$1.2 per ADS), payable in two installments totaling approximately US$190 million, with the first installment record date of November 18, 2025.
A new share repurchase program authorizes up to US$300 million of ADSs or common shares over the next 12 months.
For Q2 FY2026, the company expects net revenues between US$1,132.1 million and US$1,163.3 million, a 9% to 12% year-over-year increase.