New Oriental (EDU) Q3 2026 Earnings Transcript
New Oriental's Q3 2026 earnings report shows a 19.8% year-over-year increase in total net revenue to $1.42 billion, driven by growth in K-12 business and new initiatives. The company has raised its fiscal 2026 revenue guidance to $5.56 billion-$5.60 billion, implying 13%-14% annual growth.
New Oriental's Q3 2026 earnings report highlights significant growth across various business segments. Total net revenue reached $1.42 billion, a 19.8% year-over-year increase, driven by both core operations and new initiatives. The K-12 business saw revenue growth, with Grade 9 business realizing over 20% top-line growth. New education initiatives, including non-academic tutoring and intelligent learning devices, increased revenue by 23% year over year. The company has invested $30.6 million in its online-merge-offline teaching infrastructure to support personalized learning experiences. New Oriental has raised its fiscal 2026 revenue guidance to $5.56 billion-$5.60 billion, implying 13%-14% annual growth. The company reported a non-GAAP net income of $152.2 million, up 34.3% year over year.
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