Financial Performance - New Oriental's Q2 FY2026 revenue increased by 14.7% year-on-year to $1.191 billion, exceeding guidance by 2% and market consensus by 3%[6] - Non-GAAP operating profit for Q2 FY2026 surged by 206.9% to $89 million, with a profit margin improvement of 4.7 percentage points to 7.5%[6] - Non-GAAP net profit attributable to shareholders rose by 68.6% to $73 million in Q2 FY2026[6] Business Segments - Revenue from overseas exam preparation grew by 4.1%, accelerating from 1.0% in Q1 FY2026[6] - Domestic exam preparation revenue increased by 12.8%, slightly down from 14.4% in Q1 FY2026[6] - New education business revenue grew by 21.6%, up from 15.3% in Q1 FY2026[6] Future Outlook - The company expects Q3 FY2026 revenue growth of 11-14%, aligning closely with market expectations[6] - Full-year revenue growth guidance for FY2026 has been raised from 5-10% to 8-12%, indicating stronger confidence in business growth[6] Market Position - New Oriental's market capitalization stands at $9.37 billion as of January 27, 2026[10] - The stock price was $55.97, with a 12-month high of $60.71 and a low of $41.22[10] Risks - Ongoing policy risks in the education sector may impact financial performance and brand value[8] - Structural changes in the education market and the pace of business transformation could significantly affect results[8]