New Oriental Education & Technology Group Inc. Q2 2026 Earnings Recap

EDU Q2 2026 January 28, 2026

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New Oriental Education & Technology Group Inc. reported robust fiscal second quarter results, with total net revenue increasing by 14.7% to $1.19 billion and non-GAAP net income surging by an impressive 6068.6% year over year.

Earnings Per Share Beat

$0.45 vs $0.34 est.

+32.4% surprise

Revenue Beat

1191441000 vs 1160823000 est.

+2.6% surprise

Market Reaction

1-Day +5.32%

5-Day +10.92%

30-Day +7.65%

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Key Takeaways

Non-GAAP operating income tripled, up 206.9% to $89.1 million, driven by improved operational efficiency.
New educational initiatives, including K-9 and high school tutoring, demonstrated strong revenue growth, exceeding previous expectations.
Overseas-related businesses showed resilience, with the overseas test prep segment achieving 4% revenue growth amid challenging macroeconomic conditions.
Investments in AI and an online merging offline (OMO) teaching platform continue to enhance service offerings and operational efficiencies.
The integrated tourism-related business expanded significantly, contributing over 50% of total revenue in top-tier cities.

This summary was generated by AI from the official earnings call transcript and is provided for informational purposes only. It does not constitute financial advice. For the complete transcript and financial data, visit EDU on AllInvestView.

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