Felix Liu

Timothy Zhao

Eddy Wang

Liping Zhao

Yijing Cai

Alice Cai

Candis Chan

D. S. Kim

Ewan Zhang

Jing Yuan

Sophia Zhang

- 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.  **[1499620_0001104659-25-104346_tm2529819d1_ex99-1.htm:0]** **[1499620_0001104659-25-104346_tm2529819d1_ex99-1.htm:0]** **[1499620_0001104659-25-104346_tm2529819d1_ex99-1.htm:1]** 
- **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.  **[1499620_0001104659-25-104346_tm2529819d1_ex99-1.htm:0]** **[1499620_0001104659-25-104346_tm2529819d1_ex99-1.htm:0]** **[1499620_0001104659-25-104346_tm2529819d1_ex99-1.htm:1]** 
- **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.  **[1499620_0001104659-25-104346_tm2529819d1_ex99-1.htm:0]** **[1499620_0001104659-25-104346_tm2529819d1_ex99-1.htm:0]** **[1499620_0001104659-25-104346_tm2529819d1_ex99-1.htm:1]** 
- 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**.  **[1499620_0001104659-25-104346_tm2529819d1_ex99-1.htm:0]** **[1499620_0001104659-25-104346_tm2529819d1_ex99-1.htm:0]** **[1499620_0001104659-25-104346_tm2529819d1_ex99-1.htm:1]** 
- As of August 31, 2025, the company's cash, cash equivalents, and short-term investments totaled **US$3,248.8 million**.  **[1499620_0001104659-25-104346_tm2529819d1_ex99-1.htm:0]** **[1499620_0001104659-25-104346_tm2529819d1_ex99-1.htm:0]**

TAL Education Group Announces Second Fiscal Quarter and First Six Months 2026 Financial Results

- 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.  **[0001499620_2215797_2]** 
- The company achieved **non-GAAP net income attributable to TAL of $135.8 million** for the quarter.  **[0001499620_2215797_2]** 
- **Gross profit increased by 40.8%** year-over-year to **$491.0 million**, with the gross margin improving to **57.0%** in Q2 FY2026.  **[0001499620_2215797_4]** 
- 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**.  **[0001499620_2215797_1]** **[0001499620_2215797_8]** 
- As of August 31, 2025, the company held approximately **$3.5 billion in cash and cash equivalents, short-term investments, and restricted cash**.  **[0001499620_2215797_4]** **[0001499620_2215797_10]**  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.  **[0001499620_2215797_5]** **[0001499620_2215797_10]**

TAL Education Group Reports Q2 FY2026 Financial Results

- 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.  **[1499620_20251030CN11072:0]** **[1499620_20251030CN11072:1]**  For the first six months of fiscal year 2026, net revenues were **US$1,436.4 million**, up **39.0%** from the prior year.  **[1499620_20251030CN11072:0]** **[1499620_20251030CN11072:1]** 
- **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**.  **[1499620_20251030CN11072:0]** **[1499620_20251030CN11072:1]** 
- As of August 31, 2025, **cash, cash equivalents, and short-term investments totaled US$3,248.8 million**.  **[1499620_20251030CN11072:0]** 
- 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.  **[1499620_20251030CN11072:4]**

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

TAL Education (TAL)