New Oriental Education & Technolog revenue and financials

9901 · HKEX · HKD

$44.58Change from previous close: +0.91%Absolute change: +$0.40

Close · October 7, 2026

In the fiscal year ended May 2026, New Oriental Education & Technolog reported revenue of $5.66B (+15.53% year over year). Net income was $475.17M, a net margin of 8.4%.

Annual revenue · 2026: $5.66B
  1. $3B2023
  2. $4.31B2024
  3. $4.9B2025
  4. $5.66B2026

Fiscal year ending in May. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+15.53%
FY to May 2026 vs FY to May 2025
Net income growth
+27.83%
FY to May 2026 vs FY to May 2025
Net margin
8.4%
FY to May 2025: 7.6%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Balance sheet · Annual
ItemFY to May 2026FY to May 2025FY to May 2024FY to May 2023FY to May 2022
Total assets8,7927,8057,5326,392—
Current assets5,8325,1885,3894,414—
Cash and equivalents1,8211,6121,3891,663—
Short-term investments3,2922,9663,3862,334—
Receivables252190194137—
Inventory10680.992.852.7—
Net property, plant and equipment1,7341,5611,162799—
Goodwill46.643.8104106—
Other intangible assets65.067.923.128.5—
Long-term investments830744525862204
Current liabilities3,8903,2903,0012,251—
Accounts payable12780.510669.8—
Long-term debt—14.414.414.765.4
Total debt849804662459—
Total liabilities4,4683,8523,4832,578—
Total equity (incl. minority)4,3243,9544,0493,815—
Retained earnings2,0291,7711,5141,226—
Minority interest338292273210—