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Recent Updates — EDU

July 29, 2026View Source ↗

New Oriental Education & Technology Group Inc. reported unaudited financial results for the fourth fiscal quarter and full year ended May 31, 2026. Fourth-quarter net revenues increased 23.0% year over year to US$1,529.5 million, with operating income turning positive at US$85.8 million compared to a prior-year loss of US$8.7 million. Net income attributable to New Oriental surged 775.8% to US$62.2 million. For the full fiscal year, net revenues grew 15.5% to US$5,661.3 million and operating income rose 50.2% to US$643.3 million. The company announced a FY2027 shareholder return plan including an aggregate cash dividend of approximately US$300 million, payable in two installments in December 2026 and June 2027, with specific per-share amounts pending board approval. Additionally, the board authorized a new share repurchase program for up to US$200 million over the next 12 months. New Oriental operates as a provider of private educational services in China.