TAL Education (TAL) Company Report

TAL Education Group reported net revenues of US$861.4 million for the second fiscal quarter ended August 31, 2025, representing a 39.1% increase compared to US$619.4 million in the same period of the prior year.
Net income attributable to TAL for the second fiscal quarter was US$124.1 million, a significant increase from US$57.4 million in the prior year period.
Basic net income per American Depositary Share (ADS) for the second fiscal quarter was US$0.22, up from US$0.09 in the same period of the prior year.
For the first six months of fiscal year 2026, net revenues reached US$1,436.4 million, and net income attributable to TAL was US$155.4 million.
As of August 31, 2025, the company's cash, cash equivalents, and short-term investments totaled US$3,248.8 million.

Oct 30, 2025, 8:00 PM

TAL Education Group Reports Strong Q2 2026 Financial Results and Share Repurchase Activity

TAL

Earnings

Share Buyback

New Projects/Investments

TAL Education Group reported net revenues of $861.4 million for the second quarter of fiscal year 2026, marking a 39.1% year-over-year increase.
Non-GAAP net income attributable to TAL reached $135.8 million for Q2 FY2026.
As of August 31, 2025, the company maintained a strong liquidity position with approximately $3.5 billion in cash and cash equivalents, short-term investments, and restricted cash.
Under a new $600 million share repurchase program authorized in July 2025, TAL repurchased approximately 4.2 million common shares for about $134.7 million between July 31 and October 29, 2025.
Both learning services and the learning device business experienced year-over-year growth, with new product launches like AI Thinke 101 contributing to the learning device segment's expansion, though this segment is still incurring an adjusted operating loss as the company prioritizes long-term competitiveness and investments.

Oct 30, 2025, 12:00 PM

TAL Education Group Reports Q2 FY2026 Financial Results

TAL

Earnings

Share Buyback

Product Launch

TAL Education Group reported net revenues of $861.4 million (RMB 6,180.4 million) for the second quarter of fiscal year 2026, representing a 39.1% year-over-year increase in U.S. dollar terms.
The company achieved non-GAAP net income attributable to TAL of $135.8 million for the quarter.
Gross profit increased by 40.8% year-over-year to $491.0 million, with the gross margin improving to 57.0% in Q2 FY2026.
Both offline PAYU Small Class Enrichment Programs and online enrichment offerings experienced year-over-year growth, and the learning device business grew revenue year-over-year and sequentially, though it still incurred an adjusted operating loss.
As of August 31, 2025, the company held approximately $3.5 billion in cash and cash equivalents, short-term investments, and restricted cash. A new $600 million share repurchase program was authorized in July 2025, under which 4.2 million common shares were repurchased for $134.7 million between July 31 and October 29, 2025.

Oct 30, 2025, 12:00 PM

TAL Education Group Announces Q2 FY2026 Financial Results and Share Repurchase Program

TAL

Earnings

Share Buyback

Revenue Acceleration/Inflection

TAL Education Group reported net revenues of US$861.4 million for the second quarter of fiscal year 2026, representing a 39.1% increase compared to the same period in the prior year. For the first six months of fiscal year 2026, net revenues were US$1,436.4 million, up 39.0% from the prior year.
Net income attributable to TAL for the second quarter of fiscal year 2026 was US$124.1 million, a 116.1% increase year-over-year, with basic net income per ADS at US$0.22.
As of August 31, 2025, cash, cash equivalents, and short-term investments totaled US$3,248.8 million.
The company's board authorized a US$600 million share repurchase program on July 28, 2025, and has repurchased US$134.7 million in common shares between July 31 and October 29, 2025.