Core Insights - New Oriental Education & Technology Group reported a net revenue of $1.243 billion for the fourth quarter ending May 31, 2025, representing a year-on-year increase of 9.4% [2] - The company's net profit attributable to shareholders was $7.1 million, a decrease of 73.7% year-on-year, with earnings per ADS at $0.04 [2] - For the fiscal year 2025, the group achieved a net revenue of $4.9 billion, a year-on-year increase of 13.6%, and a net profit attributable to shareholders of $372 million, reflecting a 20.1% increase [2] Revenue Growth - The fourth quarter's net revenue growth of 9.4% was driven by a significant increase of 18.7% in revenue excluding self-operated products and live e-commerce [3] - Revenue from overseas exam preparation and inquiry services grew approximately 14.6% and 8.2% respectively, while domestic exam preparation for adults and university students saw a growth of about 17.0% [3] - New educational businesses maintained strong growth, achieving a revenue increase of 32.5% in the quarter, with non-subject tutoring services operating in nearly 60 cities and approximately 918,000 registrations [3] Operational Efficiency - The company is focusing on optimizing teaching space layout to align with business growth and operational efficiency [3] - Investment in an OMO (Online-Merge-Offline) teaching system and artificial intelligence technology is ongoing, with the introduction of AI-driven learning devices and solutions [3] - Non-GAAP operating profit margin for the quarter, excluding self-operated products and live e-commerce, was 6.5%, an increase of 410 basis points year-on-year [3] Strategic Focus - The company aims to enhance product capability and quality, systematically develop educational resources, and improve operational efficiency in the new fiscal year [3] - Continuous investment in high-quality self-operated products is expected to diversify offerings and achieve significant breakthroughs [3] - The overall strategy includes cost optimization and efficiency enhancement across all business segments to pursue sustainable revenue growth and higher profitability [3]

Group 1 - The company reported a net revenue of $1.243 billion for the fourth quarter ending May 31, 2025, representing a year-on-year increase of 9.4% [1] - The net profit attributable to shareholders was $7.1 million, a decrease of 73.7% year-on-year, with earnings per ADS at $0.04 [1] - For the fiscal year 2025, the company achieved a net revenue of $4.9 billion, a year-on-year increase of 13.6%, and a net profit attributable to shareholders of $372 million, an increase of 20.1% [1] Group 2 - The Executive Chairman expressed satisfaction with the 9.4% year-on-year growth in net revenue for the quarter, highlighting an 18.7% increase in revenue excluding self-operated products and live e-commerce [2] - Revenue from overseas exam preparation and consultation services grew approximately 14.6% and 8.2% year-on-year, respectively, while domestic exam preparation for adults and university students saw a growth of about 17.0% [2] - New educational businesses maintained strong growth, achieving a revenue increase of 32.5% in the quarter, with non-subject tutoring services operating in nearly 60 cities and approximately 918,000 registrations [2] Group 3 - The CEO emphasized the focus on optimizing teaching space layout to align with business growth and operational efficiency, alongside investments in AI technology for the educational ecosystem [2] - The company launched a new generation of AI-driven smart learning devices and solutions, integrating new technologies into both offline and online products to enhance product capabilities [2] - The CFO noted that the Non-GAAP operating profit margin, excluding self-operated products and live e-commerce, was 6.5% for the quarter, an increase of 410 basis points year-on-year, with an annual Non-GAAP operating profit margin of 12.8%, up 150 basis points [2]

本文源自：金融界AI电报 新东方第四财季净营收12.4亿美元，同比增长9.4%，预估11.9亿美元第四财季调整后每ADS收益0.61美 元，预估0.39美元第四财季经营亏损867万美元，预估收益2780万美元 ...

Group 1 - The core viewpoint of the article highlights New Oriental-S (9901.HK) reporting its financial performance for the fiscal year ending May 31, 2025, with a net revenue of 4.9 billion USD, representing a year-on-year increase of 13.6% [1] - The company achieved a net profit of 372 million USD, which is a year-on-year increase of 20.1% [1]

本文源自：金融界AI电报 新东方美股盘前跌超11%，2025财年第四季度归属公司净利润710万美元，同比减少73.7%。 ...

新东方美股盘前跌超11％，公司预计第一财季净营收14.6亿美元至15.1亿美元，市场预估15.8亿美元。 ...

Core Insights - New Oriental-S (09901) reported a net revenue of $1.243 billion for the fourth quarter ending May 31, 2025, representing a year-on-year increase of 9.4% [1] - The company's net profit attributable to shareholders was $7.1 million, a decrease of 73.7% year-on-year, with earnings per ADS at $0.04 [1] - For the fiscal year 2025, New Oriental achieved a net revenue of $4.9 billion, up 13.6% year-on-year, and a net profit attributable to shareholders of $372 million, an increase of 20.1%, with basic net profit per ADS at $2.29 [1] Revenue Growth - The company ended the fiscal year with a healthy revenue growth of 9.4% in the fourth quarter [2] - Excluding revenue from self-operated products and live e-commerce, net revenue grew by 18.7% year-on-year [2] - Revenue from overseas exam preparation and consultation services increased by approximately 14.6% and 8.2% respectively, while domestic exam preparation for adults and university students saw a growth of about 17.0% [2] New Business Development - New Oriental's new educational businesses maintained strong growth, achieving a revenue increase of 32.5% [2] - Non-academic tutoring services were launched in nearly 60 cities, with approximately 918,000 registrations in the quarter [2] - The smart learning system and devices were adopted in about 60 cities, with around 255,000 active paying users in the quarter [2] Strategic Focus - The company plans to enhance management of core educational businesses, prioritize product capability and quality, systematically develop educational resources, and improve operational efficiency in the new fiscal year [2] - New Oriental continues to invest in its health and high-quality self-operated products, aiming for significant breakthroughs and product innovation [2] Profitability Metrics - The Non-GAAP operating profit margin for the fourth quarter, excluding self-operated products and live e-commerce, was 6.5%, an increase of 410 basis points year-on-year [2] - For the entire fiscal year 2025, the Non-GAAP operating profit margin was 12.8%, up 150 basis points from the previous year [2] - The company aims to implement cost optimization and efficiency enhancement measures across all businesses to pursue sustainable revenue growth and higher profitability in fiscal year 2026 [2]

Core Insights - New Oriental's net revenue for Q4 of FY2025 increased by 9.4% year-on-year to $1.2432 billion, while net revenue excluding self-operated products and live e-commerce business rose by 18.7% to $1.0885 billion [1][2] - The operating loss for Q4 of FY2025 was $8.7 million, compared to an operating profit of $10.5 million in the same period last year [1] - The net profit attributable to New Oriental's shareholders for Q4 of FY2025 decreased by 73.7% year-on-year to $7.1 million [1] Financial Performance - For the fiscal year ending May 31, 2025, New Oriental's net revenue reached $4.9003 billion, reflecting a year-on-year increase of 13.6% [2] - Operating profit for FY2025 was $428.3 million, up 22.2% year-on-year [2] - The net profit attributable to shareholders for FY2025 was $371.7 million, representing a 20.1% increase year-on-year [2] Business Segments - Revenue from overseas exam preparation and consulting services grew by approximately 14.6% and 8.2% year-on-year, respectively [3] - Domestic exam preparation services for adults and college students recorded a year-on-year growth of about 17.0% [3] - New educational businesses maintained strong growth, with a revenue increase of 32.5% year-on-year, and non-subject tutoring services were launched in nearly 60 cities [3] Future Outlook - New Oriental expects Q1 of FY2026 (June 1 to August 31, 2025) net revenue to be between $1.4641 billion and $1.5072 billion, with a year-on-year growth rate of 2% to 5% [2] - The company plans to enhance management of core educational businesses, improve product capabilities and quality, systematically develop educational resources, and increase operational efficiency in the new fiscal year [3]

每经AI快讯，新东方公告，2025财年第四季度净营收12.43亿美元，同比增长9.4%；归属公司净利润710 万美元，同比减少73.7%。 ...

新东方(EDU.US)盘前跌超10%，报42美元。消息面上，新东方公布截至5月31日的第四财季业绩，净营 收同比增长9.4%至12.43亿美元，净利润同比大幅下降73.7%至710万美元。期内录得经营亏损870万美 元，而上财年同期经营利润为1050万美元。(格隆汇) ...