NYSE · EDU
New Oriental Education and Technology Group financials
$54.48−2.49%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY26 May 31 | FY25 May 31 | FY24 May 31 | FY23 May 31 | FY22 May 31 | FY21 May 31 | FY20 May 31 | FY19 May 31 | FY18 May 31 | FY17 May 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.66B | $4.90B | $4.31B | $3.00B | $3.11B | $4.28B | $3.58B | $3.10B | $2.45B | $1.80B |
| Gross profit | $3.09B | $2.72B | $2.26B | $1.59B | $1.35B | $2.24B | $1.99B | $1.72B | $1.38B | $1.05B |
| Gross margin | 54.6% | 55.4% | 52.5% | 53.0% | 43.5% | 52.4% | 55.6% | 55.6% | 56.5% | 58.3% |
| Operating income | $643.3M | $428.3M | $350.4M | $190.0M | -$982.5M | $117.3M | $399.0M | $301.9M | $263.0M | $262.1M |
| Net income | $475.2M | $371.7M | $309.6M | $177.3M | -$1.19B | $334.4M | $413.3M | $238.1M | $296.1M | $274.5M |
| Net margin | 8.4% | 7.6% | 7.2% | 5.9% | −38.2% | 7.8% | 11.5% | 7.7% | 12.1% | 15.3% |
| Diluted EPS | $0.30 | $0.23 | $0.18 | $0.10 | $-0.70 | $0.20 | $0.26 | $1.50 | $1.87 | $1.74 |
| EBITDA | $820.8M | $634.1M | $457.2M | $312.7M | -$788.3M | $379.5M | $550.0M | $421.2M | $342.0M | $317.5M |
| Operating cash flow | $1.03B | $896.6M | $1.12B | $971.0M | -$1.28B | $1.13B | $804.5M | $805.6M | $795.4M | $632.3M |
| Free cash flow | $780.2M | $654.7M | $873.3M | $828.0M | -$1.43B | $700.9M | $494.9M | $536.5M | $581.2M | $526.6M |
| Diluted shares | 1,595.5M | 1,631.1M | 1,669.5M | 1,685.6M | 1,696.4M | 1,652.0M | 1,595.4M | 159.0M | 158.6M | 158.0M |
Balance sheet
| Period end | May 31 | May 31 | May 31 | May 31 | May 31 | May 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.82B | $1.61B | $1.39B | $1.66B | $1.15B | $1.61B |
| Short-term investments | $2.37B | $1.87B | $2.07B | $1.48B | $1.90B | $3.43B |
| Total debt | $0.00 | $14.4M | $14.4M | $14.7M | $65.4M | $297.6M |
| Total assets | $8.79B | $7.81B | $7.53B | $6.39B | $6.03B | $10.15B |
| Total liabilities | $4.47B | $3.85B | $3.48B | $2.58B | $2.24B | $5.13B |
| Shareholders' equity | $4.32B | $3.95B | $4.05B | $3.81B | $3.79B | $5.02B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology