TAL Education Group

TAL Consumer Defensive Education & Training Services

TAL Education Group’s revenue for fiscal 2026 (year ended February 2026) was $3.0 billion, up 33.7% from fiscal 2025.

Revenue
+15.5%
EPS
−139.1%
Free cash flow
−208.2%

Quarter to August 2026, against a year earlier

10.17 0.26 +2.62%
Market cap
$3.4B
P/E
7.6×
Fwd P/E
9.5×
Dividend yield
—
F-score
8/9
Altman Z
2.77
Beneish M
−2.11
Dividend safety
n/a

TAL Education Group (TAL) Gross margin

Alert me on Gross margin

TAL Education Group's gross margin over the twelve months to 31 August 2026 was 56.9%, up 1.5 percentage points from fiscal 2026 (55.4%). Over the past ten years it has ranged from 48.6% (fiscal 2018) to 57.2% (fiscal 2023); the current reading is higher than 89% 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 55.4% 2.01
FY2025 53.3% (0.75)
FY2024 54.1% (3.07)
FY2023 57.2% (0.05)
FY2023 57.2% 7.38
FY2022 49.8% 0.01
FY2022 49.8% (4.61)
FY2021 54.4% 0.00
FY2021 54.4% (0.71)
FY2020 55.1% 0.56

Quarterly newest first

Period Gross margin Change (points)
Aug 2026 59.8% 2.00
May 2026 57.8% 4.54
Feb 2026 53.2% (2.83)
Nov 2025 56.1% (0.93)
43 more quarters

Against its own ten years

Low 48.6% High 57.2%
Ten-year median 53.7%
Current reading's percentile 95

Gross margin against peers

Company Gross margin
MH McGraw Hill, Inc. compare 81.7%
CVSA Covista Inc. compare 57.4%
TAL TAL Education Group 56.9%
STRA Strategic Education Inc. compare 49.2%
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 →

More on TAL