New Oriental Education & Technology Group Inc. (EDU) Financial Statements — Income, Balance Sheet, Cash Flow

Overview Financials Chart Business Summary Filings Ownership Valuation

Financial Statements — EDU

Balance Sheet

(in billions USD)

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Cash & Equivalents	1.61	1.39	1.66	1.15	1.61	0.92	1.41
Accounts Receivable	0.03	0.03	0.03	0.02	0.01	0.00	0.00
Inventory	0.08	0.09	0.05	0.03	0.03	0.03	0.03
Total Current Assets	5.19	5.39	4.41	4.47	6.57	3.76	3.47
Property, Plant & Equipment	0.77	0.51	0.36	0.40	0.87	0.67	0.53
Goodwill	0.04	0.10	0.11	0.07	0.07	0.08	0.08
Intangible Assets	0.01	0.02	0.03	0.00	0.00	0.01	0.01
Total Non-current Assets*	2.62	2.14	1.98	1.56	3.58	2.80	1.18
Total Assets	7.81	7.53	6.39	6.03	10.15	6.56	4.65
Accounts Payable	0.08	0.11	0.07	0.02	0.04	0.03	0.03
Total Current Liabilities	3.29	3.00	2.25	1.71	3.47	2.48	2.01
Long-term Debt	--	--	--	--	0.00	0.12	0.10
Total Non-current Liabilities*	0.56	0.48	0.33	0.53	1.66	1.21	0.12
Total Liabilities	3.85	3.48	2.58	2.24	5.13	3.69	2.12
Retained Earnings	1.77	1.51	1.23	1.07	2.25	1.99	1.65
Total Stockholder Equity	3.66	3.78	3.60	3.71	4.91	2.73	2.36

* Derived from reported values

Income Statement

(in billions USD)

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Total Revenue	4.90	4.31	3.00	3.11	4.28	3.58	3.10
Cost of Revenue	2.18	2.05	1.41	1.75	2.04	1.59	1.38
Gross Profit*	2.72	2.26	1.59	1.35	2.24	1.99	1.72
Selling, General & Admin	1.44	1.25	0.95	1.87	1.49	1.15	1.03
Total Operating Expenses*	2.29	1.91	1.40	2.33	2.12	1.59	1.41
Operating Income	0.43	0.35	0.19	(0.98)	0.12	0.40	0.31
Interest Expense	0.00	0.00	0.00	0.00	0.01	0.00	0.00
Pretax Income	0.54	0.49	0.31	(1.03)	0.31	0.49	0.32
Tax Provision	0.15	0.11	0.07	0.14	0.08	0.13	0.09
Net Income	0.37	0.31	0.18	(1.19)	0.33	0.41	0.24

* Derived from reported values

Cash Flow Statement

(in billions USD)

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Operating Cash Flow	0.90	1.12	0.97	(1.28)	1.13	0.80	0.81
Capital Expenditures	0.24	0.25	0.14	0.15	0.43	0.31	0.27
Free Cash Flow*	0.65	0.87	0.83	(1.43)	0.70	0.49	0.54
Investing Cash Flow	(0.09)	(1.15)	(0.04)	1.17	(2.18)	(1.26)	(0.57)
Financing Cash Flow	(0.58)	(0.16)	(0.25)	(0.23)	1.65	(0.02)	0.27

* Derived from reported values