Q4 2026 New Oriental Education & Technology Group Inc Earnings Call Transcript
Key Points
- New Oriental Education & Technology Group Inc (EDU) reported a 23% year-over-year increase in total net revenue for the fourth quarter of fiscal year 2026.
- The company's non-GAAP operating income rose by 34.7% to $110 million, indicating strong operational performance.
- New educational business initiatives delivered a 25% year-over-year revenue increase, showcasing successful diversification efforts.
- The company's AI-powered personalized learning platform achieved meaningful sales within 25 days of launch, highlighting successful innovation.
- East Buy's multi-platform live streaming strategy on Douyin expanded to 18 channels, enhancing customer engagement and operational efficiency.
- Operating costs and expenses increased by 15.3% year over year, impacting overall profitability.
- Cost of revenues rose by 25.9% year over year, indicating increased expenditure in delivering services.
- Selling and marketing expenses increased by 23.9% year over year, which could pressure margins if not managed effectively.
- Non-GAAP net income attributable to New Oriental decreased by 10.5% year over year, reflecting challenges in maintaining profitability.
- The overseas-related business faced growth pressure due to economic and international challenges, with expectations of low single-digit growth.
Good evening and thank you for standing by for New Orientalâs fiscal year 2026 fourth-quarter results earnings conference call. (Operator Instructions)
Todayâs conference is being recorded. If you have any objections, you may disconnect at this time. Iâd like to turn the meeting over to your host for todayâs conference, Ms. Sisi Zhao.
Thank you. Hello, everyone, and welcome to New Orientalâs fourth fiscal quarter 2026 earnings conference call. Our financial results for the period were released earlier today and are available on the companyâs website as well as on Newsware Services.
Today, Stephen Yang, Executive President and Chief Financial Officer, and I will share New Orientalâs latest earnings results and business updates in detail with you. After that, Stephen and I will be available to answer your questions.
Before we continue, please note that the discussion today will contain forward-looking statements made under the Safe Harbor
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
