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NEW ORIENTAL(EDU) - 2026 Q2 - Quarterly Results
2026-01-28 15:00
Exhibit 99.1 New Oriental Announces Results for the Second Fiscal Quarter Ended November 30, 2025 BEIJING, Jan. 28, 2026 /PRNewswire/ – New Oriental Education & Technology Group Inc. (the "Company" or "New Oriental") (NYSE: EDU/ 9901.SEHK), a provider of private educational services in China, today announced its unaudited financial results for the second fiscal quarter ended November 30, 2025, which is the second quarter of New Oriental's fiscal year 2026. Financial Highlights for the Second Fiscal Quarter ...
新东方(EDU.US)盘前涨逾6% 2026财年二季度经营利润同比上升244.4%
Zhi Tong Cai Jing· 2026-01-28 14:32
周三,新东方(EDU.US)盘前涨逾6%,报59.70美元。消息面上,新东方发布2026财年二季度未经审核财 务业绩,报告期内,新东方实现净营收11.91亿美元,同比上升14.7%;经营利润6630万美元,同比上升 244.4%;股东应占净利润4550万美元,同比上升42.3%。 ...
美股异动 | 新东方(EDU.US)盘前涨逾6% 2026财年二季度经营利润同比上升244.4%
智通财经网· 2026-01-28 14:26
智通财经APP获悉,周三,新东方(EDU.US)盘前涨逾6%,报59.70美元。消息面上,新东方发布2026财 年二季度未经审核财务业绩,报告期内,新东方实现净营收11.91亿美元,同比上升14.7%;经营利润 6630万美元,同比上升244.4%;股东应占净利润4550万美元,同比上升42.3%。 ...
NEW ORIENTAL(EDU) - 2026 Q2 - Earnings Call Transcript
2026-01-28 14:02
Financial Data and Key Metrics Changes - Total net revenue grew 14.7% year-over-year to $1.19 billion [4] - Non-GAAP operating income more than tripled, rising 206.9% to $89.1 million [4] - Non-GAAP net income attributable to New Oriental increased 68.6% to $72.9 million [4] - Operating income was $66.3 million, representing a 264.4% increase year-over-year [14] - Net cash flow generated from operations for the quarter was approximately $323.5 million [15] - Total share-based compensation expenses increased by 156.8% to $21.4 million [13] Business Line Data and Key Metrics Changes - K-9 educational business and high school tutoring business recorded accelerated year-over-year revenue growth [6] - Overseas test prep business recorded a revenue increase of 4% year-over-year [6] - Overseas study consulting business recorded a slight decrease of about 3% year-over-year [6] - Adults and university students business recorded a revenue increase of 13% year-over-year [6] - Revenue from non-academic tutoring grew 22% year-over-year [6] Market Data and Key Metrics Changes - The top 10 cities contribute over 60% of revenue from non-academic tutoring [7] - The top 10 cities contribute over 50% of revenue from intelligent learning systems and devices [7] - Domestic and international study tours were held in 55 cities, with the top 10 cities contributing over 50% of revenue [7] Company Strategy and Development Direction - The company is focused on operational efficiency and disciplined resource management to support sustainable profitability [4] - Continued investments in new education initiatives, including non-academic tutoring and intelligent learning systems, are expected to deliver solid results [8] - The company is exploring opportunities in the health and wellness sector for seniors [8] - A strategic approach to capacity expansion and hiring will be maintained to ensure quality is not compromised [17] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in operational resilience and growth trajectory, expecting total net revenue for Q3 FY 2026 to be in the range of $1,313.2 million to $1,348.7 million, representing a year-over-year increase of 11%-14% [18] - The full fiscal year 2026 revenue guidance was raised to $5,292.3 million to $5,488.3 million, reflecting an 8%-12% year-over-year increase [19] - Management emphasized the importance of cost discipline and sustainable profitability across all business lines [17] Other Important Information - The company announced a share repurchase program to repurchase up to $300 million of its ADS or common shares over the subsequent 12 months [20] - As of January 27, 2026, approximately 1.6 million ADS had been repurchased for an aggregate consideration of approximately $86.3 million [21] Q&A Session Summary Question: Request for breakdown on segment growth and key drivers for full year guidance - Management highlighted the acceleration in K-12 business growth, expecting around 20% year-over-year growth in Q3 [25] Question: Expected margin expansion from merging test prep and consulting units - Management indicated that merging these units aims to provide better service and reduce costs, with more details expected in the next quarter [32] Question: Elaboration on margin expansion in Q2 - Management noted that margin expansion was driven by better utilization, higher operating leverage, and cost control [36] Question: Future trends for overseas business growth - Management acknowledged challenges but expressed confidence in gaining market share, with expectations of flat growth in the second half of the year [42] Question: Updates on AI initiatives and their impact - Management reported progress on new AI offerings and emphasized that AI is helping improve student retention and operational efficiency [56]
NEW ORIENTAL(EDU) - 2026 Q2 - Earnings Call Transcript
2026-01-28 14:02
Financial Data and Key Metrics Changes - Total net revenue grew 14.7% year-over-year to $1.19 billion [4] - Non-GAAP operating income increased 206.9% to $89.1 million [4] - Non-GAAP net income attributable to New Oriental rose 68.6% to $72.9 million [4] - Operating income was $66.3 million, representing a 264.4% increase year-over-year [14] - Net cash flow generated from operations was approximately $323.5 million [15] - Deferred revenue increased by 10.2% year-over-year to $2.1615 billion [16] Business Line Data and Key Metrics Changes - K-9 educational business and high school tutoring business recorded accelerated revenue growth [5] - Overseas test prep business revenue increased by 4% year-over-year [6] - Overseas study consulting business revenue slightly decreased by about 3% year-over-year [6] - Adults and university students business revenue increased by 13% year-over-year [6] - Revenue from non-academic tutoring grew 22% year-over-year [6] Market Data and Key Metrics Changes - The top 10 cities contributed over 60% of revenue from non-academic tutoring [7] - The top 10 cities contributed over 50% of revenue from intelligent learning systems and devices [7] - Domestic and international study tours were held in 55 cities, with the top 10 cities contributing over 50% of revenue [7] Company Strategy and Development Direction - The company is focused on operational efficiency and disciplined resource management to support sustainable profitability [4] - Continued investments in new education initiatives, including non-academic tutoring and intelligent learning systems, are expected to deliver solid results [6] - The company is exploring opportunities in the health and wellness sector for seniors [8] - A strategic approach to capacity expansion and hiring is being pursued to ensure quality is not compromised [17] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in operational resilience and growth trajectory, expecting total net revenue for Q3 FY 2026 to be in the range of $1.3132 billion to $1.3487 billion, representing a year-over-year increase of 11%-14% [18] - For the full fiscal year 2026, total net revenue guidance was raised to $5.2923 billion to $5.4883 billion, reflecting an 8%-12% year-over-year increase [19] - Management emphasized the importance of cost discipline and sustainable profitability across all business lines [17] Other Important Information - The company announced a share repurchase program to buy back up to $300 million of its ADS or common shares over the next 12 months [20] - As of January 27, 2026, approximately 1.6 million ADS had been repurchased for about $86.3 million [21] Q&A Session Summary Question: Can management provide a breakdown on the segment growth? - Management noted that K-12 business is expected to grow around 20% year-over-year in Q3, while overseas-related business may see flat growth due to external pressures [25][26] Question: What is the expected margin expansion from the merge of test prep and consulting units? - Management indicated that merging these units aims to provide better service and reduce costs, with specific savings to be detailed in future calls [30][33] Question: What is driving the margin expansion in Q2? - Margin expansion was driven by better utilization, higher operating leverage, cost control, and profit contributions from East Buy [36] Question: What is the sustainable growth rate for the new education business? - Management believes that with improved quality and student retention, sustainable growth of 20%+ is achievable [49][51] Question: Any updates on AI initiatives? - Management reported progress on new AI offerings, which are expected to contribute to revenue and improve efficiency [56][58]
NEW ORIENTAL(EDU) - 2026 Q2 - Earnings Call Transcript
2026-01-28 14:00
Financial Data and Key Metrics Changes - Total net revenue grew 14.7% year-over-year to $1.19 billion [4] - Non-GAAP operating income increased 206.9% to $89.1 million [4] - Non-GAAP net income attributable to New Oriental rose 68.6% to $72.9 million [4] - Operating income was $66.3 million, representing a 264.4% increase year-over-year [12] - Net cash flow generated from operations was approximately $323.5 million [13] Business Line Data and Key Metrics Changes - K-9 educational business and high school tutoring business recorded accelerated revenue growth [5] - Overseas test prep business revenue increased by 4% year-over-year [5] - Overseas study consulting business saw a slight decrease of about 3% year-over-year [5] - Adults and university students business revenue increased by 13% year-over-year [5] - Revenue from non-academic tutoring grew 22% year-over-year [5] Market Data and Key Metrics Changes - The top 10 cities contributed over 60% of revenue from non-academic tutoring [6] - The top 10 cities contributed over 50% of revenue from intelligent learning systems and devices [6] - Domestic and international study tours were held in 55 cities, with the top 10 cities contributing over 50% of revenue [6] Company Strategy and Development Direction - The company is focused on operational efficiency and disciplined resource management to support sustainable profitability [4] - Continued investments in new education initiatives, including non-academic tutoring and intelligent learning systems, are expected to deliver solid results [5] - The company is exploring opportunities in the health and wellness sector for seniors [7] - The OMO (Online Merge Offline) teaching platform is being developed to provide advanced education services [7] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism regarding the business outlook, expecting total net revenue for Q3 FY 2026 to be in the range of $1,313.2 million to $1,348.7 million, representing a year-over-year increase of 11%-14% [17] - For the full fiscal year 2026, total net revenue guidance has been raised to $5,292.3 million to $5,488.3 million, reflecting an 8%-12% year-over-year increase [18] - Management emphasized a balanced approach to revenue and profitability growth while maintaining cost discipline [16] Other Important Information - The company announced a share repurchase program to buy back up to $300 million of its ADS or common shares [19] - As of January 27, 2026, approximately 1.6 million ADS had been repurchased for about $86.3 million [20] Q&A Session Summary Question: Request for breakdown on segment growth and key drivers for full year guidance - Management highlighted the K-12 business growth of around 20% year-over-year and overseas test prep growth of 4% year-over-year, with expectations for college business growth of 14-15% [24][25] Question: Expected margin expansion from merging test prep and consulting units - Management indicated that merging these units aims to provide better service and reduce costs, with more details expected in the next quarter [30][31] Question: Elaboration on margin expansion in Q2 - Management noted that margin expansion was driven by better utilization, higher operating leverage, and cost control, with optimism for continued margin improvement in the second half of the year [36] Question: Future trends for overseas business - Management acknowledged challenges but expressed confidence in the team's ability to gain market share, expecting low single-digit growth in the second half of the year [42] Question: Updates on AI initiatives - Management reported progress on new AI offerings and emphasized that AI is helping improve student retention and operational efficiency [56]
新东方2026财年二季度净利润4550万美元
Bei Jing Shang Bao· 2026-01-28 12:33
Core Viewpoint - New Oriental reported a significant increase in its financial performance for the second quarter of fiscal year 2026, indicating strong growth across various business segments [1] Financial Performance - Net revenue reached $1.191 billion, representing a year-on-year increase of 14.7% [1] - Operating profit was $66.3 million, showing a substantial year-on-year growth of 244.4% [1] - Net profit attributable to shareholders was $45.5 million, up 42.3% compared to the previous year [1] Business Segments - Revenue from overseas exam preparation business grew by approximately 4.1% year-on-year [1] - Domestic exam preparation business for adults and college students saw a year-on-year increase of about 12.8% [1] - New education business achieved a year-on-year growth of 21.6% [1] Student Engagement - Non-academic tutoring courses have been launched in around 60 cities, attracting approximately 1.058 million students [1] - Smart learning systems and devices have been implemented in about 60 cities, with active paying users reaching 352,000 [1]
新东方-S第二季度股东应占净利润同比上升42.3%至4550万美元
Zhi Tong Cai Jing· 2026-01-28 10:48
Core Viewpoint - New Oriental's financial performance for the second quarter of fiscal year 2026 shows significant growth, with net revenue increasing by 14.7% year-on-year to $1.191 billion, and operating profit rising by 244.4% to $66.3 million [1] Financial Performance - For the first half of fiscal year 2026, net revenue reached approximately $2.714 billion, a year-on-year increase of 9.7% - Operating profit for the same period was approximately $377 million, up 20.7% year-on-year - Net profit attributable to shareholders was approximately $286 million, reflecting a 3.2% year-on-year growth [1] Business Segments - Revenue from overseas exam preparation increased by approximately 4.1% year-on-year - Domestic exam preparation for adults and college students grew by about 12.8% year-on-year - New education business achieved a year-on-year growth of 21.6% - Non-academic tutoring courses have been launched in around 60 cities, attracting approximately 1.058 million students - The smart learning system and devices have been implemented in about 60 cities, with active paying users reaching approximately 352,000 [2] Strategic Initiatives - The company is focusing on enhancing core educational services, improving teaching quality and product standards, and optimizing cost structures and operational efficiency - A comprehensive cross-department customer service system has been initiated to enhance customer loyalty and retention, promote cross-department sales, and reduce customer acquisition costs [2] - The company is investing in AI technology and integrating it into existing educational products to improve operational efficiency and support for teaching teams [2] Shareholder Returns - The board has approved a cash dividend of $0.12 per ordinary share (or $1.20 per American Depositary Share), to be distributed in two installments as part of the fiscal year 2026 shareholder return plan - The first installment has been fully distributed, with the second installment to be announced later [3] Share Buyback Program - As part of the shareholder return plan, the company announced a share buyback program, authorizing up to $300 million in American Depositary Shares or ordinary shares over the next 12 months - As of January 27, 2026, approximately 1.6 million American Depositary Shares have been repurchased at a total cost of about $86.3 million [3] Future Outlook - The company expects net revenue for the third quarter of fiscal year 2026 (from December 1, 2025, to February 28, 2026) to be between $1.313 billion and $1.349 billion, representing a year-on-year growth rate of 11% to 14% [3]
新东方:2026财年第二季度的净营收同比上升14.7%至1191.4百万美元
Jin Rong Jie· 2026-01-28 10:46
本文源自:金融界AI电报 新东方(09901.HK)在港交所公告,2026财年第二季度的净营收同比上升14.7%至1,191.4百万美元。2026 财年第二季度的经营利润同比上升244.4%至66.3百万美元。2026财年第二季度的新东方股东应占净利润 同比上升42.3%至45.5百万美元。 ...
新东方-S(09901)第二季度股东应占净利润同比上升42.3%至4550万美元
智通财经网· 2026-01-28 10:45
Core Viewpoint - New Oriental's financial performance for the second quarter of fiscal year 2026 shows significant growth, with net revenue increasing by 14.7% year-on-year to $1.191 billion, and operating profit rising by 244.4% to $66.3 million [1] Financial Performance - For the first half of fiscal year 2026, net revenue reached approximately $2.714 billion, a year-on-year increase of 9.7% - Operating profit for the same period was approximately $377 million, up 20.7% year-on-year - Net profit attributable to shareholders was approximately $286 million, reflecting a 3.2% year-on-year growth [1] Business Segments - Revenue from overseas exam preparation increased by approximately 4.1% year-on-year - Domestic exam preparation for adults and college students grew by about 12.8% year-on-year - New education business achieved a year-on-year growth of 21.6% - Non-subject tutoring courses have been launched in around 60 cities, attracting approximately 1.058 million students [2] Strategic Initiatives - The company is focusing on enhancing core educational services and improving teaching quality and product standards - A comprehensive cross-departmental customer service system has been initiated to boost customer loyalty and retention, while also reducing customer acquisition costs [2] - The company is investing in AI technology and integrating it into existing educational products to enhance operational efficiency [2] Shareholder Returns - The board has approved a cash dividend of $0.12 per ordinary share (or $1.20 per American depositary share), to be distributed in two installments as part of the shareholder return plan for fiscal year 2026 [3] - A share buyback plan has been announced, authorizing the repurchase of up to $300 million of American depositary shares or ordinary shares within the next 12 months [3] Future Outlook - For the third quarter of fiscal year 2026, the company expects net revenue to be between $1.313 billion and $1.349 billion, representing a year-on-year growth rate of 11% to 14% [3]