New Oriental reported a healthy start to fiscal year 2026 with total net revenues increasing by 6.1% year over year to $1,523.0 million, surpassing expectations. Operating income also saw a 6.0% increase, while net income attributable to New Oriental slightly decreased by 1.9%. The growth was primarily driven by new educational business initiatives and strong performance in domestic test preparation for adults and university students.
New Oriental concluded fiscal year 2025 with healthy top-line growth in Q4, driven by strong performance in its core educational businesses and new initiatives. While GAAP net income saw a significant decrease, non-GAAP profitability improved substantially, reflecting effective cost management and strategic investments in technology and new educational offerings. The company also announced a new shareholder return plan, committing at least 50% of net income to shareholders.
New Oriental's Q3 2025 earnings showed a slight revenue decline due to strategic restructuring, but core educational segments excluding East Buy saw double-digit growth. Net income held steady, reflecting strong operational discipline.