New Oriental Education & Technology Group Reports Strong Q4 Earnings
New Oriental Education & Technology Group (EDU) reported strong fourth-quarter fiscal 2026 results, with revenue rising 23% year over year to $1.53 billion and operating income turning positive at $85.8 million. The company also saw a significant increase in net income of 775.8%, reaching $62.2 million. The growth was driven by both core education operations and new initiatives, including adult and university programs, e-commerce through East Buy, the New Oriental Home platform, and AI-powered learning tools integrated into products and operations. Management expressed optimism for fiscal 2027 with a projected revenue increase of 14% to 18%, K-12 revenue expected to rise about 20%, and plans for $500 million in shareholder returns through dividends and share repurchases. New Oriental is also expanding its AI capabilities, having launched an AI-powered personalized learning platform that generated sales within 25 days of deployment. The company continues to invest in technology upgrades while maintaining a focus on both academic and non-academic educational offerings.
Tickers: $EDU
Topics: dividends education net_income operating_income revenue_growth