New Oriental Education & Technology Group Inc.: Annual report (foreign issuer)
New Oriental reported growth in revenue and operating income for fiscal year 2026 and announced capital returns for fiscal year 2027.
Positive for the companyWhat the numbers say
Revenue rose 16% to $5.7B versus the prior year; operating margin widened from 8.7% to 11.4%; net income rose 28% to $475.2M; operating cash flow $1B (a year earlier $896.6M); free cash flow $780.2M (a year earlier $654.7M); cash rose by $208.8M to $1.8B; diluted share count down 2.2% (buybacks).
What happened
- Total net revenues were 5,661,294 thousand US dollars for the fiscal year ended May 31, 2026, compared to 4,900,262 thousand US dollars in 2025.
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