New Oriental Education & Technology Group, Inc.

EDU Consumer Defensive Education & Training Services

New Oriental Education & Technology Group, Inc.’s revenue for fiscal 2026 (year ended May 2026) was $5.7 billion, up 15.5% from fiscal 2025.

Revenue
+23.1%
EPS
+20.2%
Free cash flow
+1.60%

Quarter to August 2026, against a year earlier

54.10 2.03 +3.90%
Market cap
$8.4B
P/E
16.3×
Fwd P/E
12.7×
Dividend yield
1.11%
F-score
7/9
Altman Z
2.44
Beneish M
−2.65
Dividend safety
77/100

New Oriental Education & Technology Group, Inc. (EDU) Gross margin

Alert me on Gross margin

New Oriental Education & Technology Group, Inc.'s gross margin over the twelve months to 31 August 2026 was 54.3%, down 0.3 percentage points from fiscal 2026 (54.6%). Over the past ten years it has ranged from 43.5% (fiscal 2022) to 58.4% (fiscal 2016); the current reading is higher than 42% of that period. That is in line with the Education & Training Services industry median of 55.0% and above the Consumer Defensive sector median of 34.6%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2026 54.6% (0.81)
FY2025 55.5% 3.00
FY2024 52.5% (0.53)
FY2023 53.0% 9.47
FY2022 43.5% (8.86)
FY2021 52.4% (3.23)
FY2020 55.6% 0.05
FY2019 55.6% (0.90)
FY2018 56.5% (1.89)
FY2017 58.3% (0.10)

Quarterly newest first

Period Gross margin Change (points)
Aug 2026 56.4% 3.32
May 2026 53.1% (0.60)
Feb 2026 53.7% 0.44
Nov 2025 53.3% (4.86)
43 more quarters

Against its own ten years

Low 43.5% High 58.4%
Ten-year median 55.5%
Current reading's percentile 42

Gross margin against peers

Company Gross margin
MH McGraw Hill, Inc. compare 81.7%
CVSA Covista Inc. compare 57.4%
TAL TAL Education Group compare 56.9%
EDU New Oriental Education & Technology Group, Inc. 54.3%
LRN Stride, Inc. compare 37.4%
LAUR Laureate Education compare 28.6%
LOPE Grand Canyon Education, Inc. compare 0.00%
PRDO Perdoceo Education Corporation compare 0.00%
XXI Twenty One Capital, Inc. compare —
Education & Training Services industry median 55.0%
Consumer Defensive sector median 34.6%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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