TAL Education Group Reports Strong Q1 Fiscal 2027 Results with Revenue Growth and Improved Profitability
TAL Education Group (NYSE:TAL) reported strong first-quarter fiscal 2027 results, marked by a significant increase in revenue and profitability. The company's revenue rose 25% year over year to RMB5.19 billion ($758 million), with non-GAAP operating income surging 492%. Non-GAAP net income reached $420 million compared to $42 million the previous year, driven by improved performance in its offline Peiyou learning programs and learning-device business. Offline Peiyou remained TAL's largest revenue contributor, delivering double-digit growth with a retention rate above 80%. The company operates over 600 learning centers across mainland China and international markets. Learning devices also showed improvement despite market volatility due to competition and rising component costs. Additionally, TAL extended its share repurchase program by $393.7 million through July 2027.
Tickers: $TAL
Topics: education profitability revenue_growth share buybacks