New Oriental Education & Technology Group (EDU) Company Report

New Oriental Education & Technology Group reported a 6.1% year-over-year increase in total net revenue for Q1 FY 2026, with non-GAAP operating margin reaching 22%, a 100 basis point improvement. Non-GAAP net income attributable to New Oriental was $258.3 million, a 1.6% decrease year over year.
The company's new educational business initiatives and the adults and university students business were strong performers, with revenue increases of about 15% and 14% year over year, respectively, in Q1 FY 2026. The K-9 new business is expected to grow around 20% year-over-year in Q2 FY 2026 and for the full fiscal year.
For Q2 FY 2026, total net revenue (including East Buy) is projected to be between $1,132.1 million and $1,263.3 million, representing a 9% to 12% year-over-year increase. The full fiscal year 2026 revenue guidance remains at $5,145.3 million to $5,390.3 million, a 5% to 10% year-over-year increase.
New Oriental announced a shareholder return plan for FY 2026, including an ordinary cash dividend of $0.12 per common share (or $1.20 per ADS) totaling approximately $190 million, and a new share repurchase program of up to $300 million over the next 12 months.

Oct 28, 2025, 12:00 PM

New Oriental Education & Technology Group Reports Strong Q1 2026 Results and Announces Shareholder Return Plan

EDU

Earnings

Guidance Update

Share Buyback

New Oriental Education & Technology Group reported a 6.1% year-over-year increase in total net revenue for Q1 2026, with non-GAAP operating margin reaching 22%, a 100 basis point improvement.
The company provided Q2 FY2026 total net revenue guidance in the range of $1,132.1 million to $1,263.3 million, representing a year-over-year increase of 9% to 12%. For the full fiscal year 2026, total net revenue is projected to be between $5,145.3 million and $5,390.3 million, an increase of 5% to 10% year over year.
A shareholder return plan for FY2026 was announced, including an ordinary cash dividend of $0.12 per common share or $1.20 per ADS (totaling approximately $190 million) and a new share repurchase program of up to $300 million over the next 12 months. The combined payout ratio for this year is over 130% compared to last year's net profit.
Key business segments demonstrated growth in Q1 2026, with the adults and university students business revenue increasing by 14% year over year, and new educational business initiatives growing by 15% year over year. The K-9 new business is expected to grow over 20% year-over-year for FY2026.

Oct 28, 2025, 12:00 PM

New Oriental Education & Technology Group Reports Q1 2026 Results and Provides Outlook

EDU

Earnings

Guidance Update

Dividends

Share Buyback

Revenue Acceleration/Inflection

New Oriental Education & Technology Group reported a 6.1% year-over-year increase in total net revenue for Q1 2026, reaching a non-GAAP operating margin of 22%, an improvement of 100 basis points.
The company projects Q2 FY2026 total net revenue to be between $1,132.1 million and $1,263.3 million, representing a 9%-12% year-over-year increase, and maintains its FY2026 total net revenue guidance of $5,145.3 million to $5,390.3 million.
A shareholder return plan for FY2026 was announced, including an ordinary cash dividend of $0.12 per common share or $1.20 per ADS (totaling approximately $190 million) and a new share repurchase program of up to $300 million.
Key business segments like adults and university students grew 14% and new education initiatives grew 15% year-over-year in Q1 2026, with the K-12 business expected to see "notable acceleration" in Q2, including over 20% year-over-year growth for K-9 business in FY2026.

Oct 28, 2025, 12:00 PM

New Oriental Announces Q1 FY2026 Results

EDU

Earnings

Guidance Update

Share Buyback

New Oriental Education & Technology Group Inc. (EDU) reported Q1 FY2026 net revenues of US$1,523.0 million, an increase of 6.1% year over year, with operating income rising 6.0% to US$310.8 million for the quarter ended August 31, 2025.
The company's domestic test preparation business grew by approximately 14.4% year over year, and new educational business initiatives saw a revenue increase of 15.3%. Non-academic tutoring courses attracted approximately 530,000 student enrollments.
New Oriental announced a shareholder return plan, including an ordinary cash dividend of US$0.12 per common share (or US$1.2 per ADS) and a new share repurchase program of up to US$300 million over the next 12 months.
For Q2 FY2026, net revenues are projected to be between US$1,132.1 million and US$1,163.3 million, and the full fiscal year 2026 net revenue guidance is reaffirmed at US$5,145.3 million to US$5,390.3 million.

Oct 28, 2025, 9:50 AM

New Oriental Announces Cash Dividend and Share Repurchase Program

EDU

Dividends

Share Buyback

New Oriental Education & Technology Group Inc. (EDU) announced an ordinary cash dividend and a share repurchase program to implement its three-year shareholder return plan for fiscal year 2026.
The total cash dividend is US$0.12 per common share, or US$1.2 per ADS, to be distributed in two installments, with an aggregate amount expected to be approximately US$190 million.
The first installment of US$0.06 per common share (or US$0.6 per ADS) has a record date of November 18, 2025, and is expected to be paid around December 2, 2025, for common shares and December 5, 2025, for ADSs.
The share repurchase program authorizes the company to repurchase up to US$300 million of its ADSs or common shares over the next 12 months, funded from its existing cash balance.

Oct 28, 2025, 9:34 AM

Earnings Transcripts

Quarterly earnings call transcripts for New Oriental Education & Technology Group.

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