New Oriental Education & Technology (EDU) Cost of Revenue (2009 - 2026)
New Oriental Education & Technology's (EDU) quarterly Cost of Revenue came in at $717.3 million in Q2 2026, up 25.87% on a YoY basis from $569.9 million in Q2 2025, and up 9.32% quarter-over-quarter from $656.2 million in Q1 2026.
Powered by 
Analysis
New Oriental Education & Technology (EDU) Cost of Revenue (2009 - 2026) Analysis & Trends
New Oriental Education & Technology (EDU) has reported Cost of Revenue for 18 consecutive years, with $717.3 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Cost of Revenue rose 25.87% year-over-year to $717.3 million; the trailing twelve-month figure through May 2026 stood at $2.6 billion (up 17.63% YoY), and the FY2026 full-year result was $2.6 billion, up 17.63% from the prior year.
- Cost of Revenue improved to $717.3 million in Q2 2026 per EDU's latest filing, from $656.2 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $717.3 million in Q2 2026 and bottomed at $247.8 million in Q2 2022.
- Historically, Cost of Revenue has averaged $490.7 million across 5 years, with a median of $514.9 million in 2024.
- The sharpest annual moves came in 2022 and 2024: Cost of Revenue sank 57.19% in 2022, then jumped 74.47% in 2024.
- Over 5 years, Cost of Revenue stood at $336.2 million in 2022, then rose by 25.69% to $422.6 million in 2023, then gained by 17.93% to $498.3 million in 2024, then increased by 11.75% to $556.9 million in 2025, then climbed by 28.81% to $717.3 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $717.3 million, $656.2 million, and $556.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Service Corp International | 10.64 Bn | 10.38 Bn | 273.50 Mn | 829.79 Mn |
| 2 | New Oriental Education & Technology | 8.69 Bn | 6.29 Bn | -19,600.00 | 717.31 Mn |
| 3 | Laureate Education | 5.06 Bn | 4.90 Bn | 237.67 Mn | 378.20 Mn |
| 4 | Graham Holdings | 4.89 Bn | 3.68 Bn | 777.03 Mn | 525.48 Mn |
| 5 | Covista | 4.19 Bn | 3.78 Bn | 284.63 Mn | 216.75 Mn |
| 6 | Valvoline | 3.67 Bn | 3.58 Bn | 214.90 Mn | 329.70 Mn |
| 7 | Bright Horizons Family Solutions | 3.28 Bn | 3.11 Bn | 188.96 Mn | 590.22 Mn |
| 8 | Stride | 3.26 Bn | 2.30 Bn | 217.28 Mn | 418.78 Mn |
| 9 | TAL Education | 2.28 Bn | -596.06 Mn | 438.20 Mn | 320.18 Mn |
| 10 | Onespaworld Holdings | 2.26 Bn | 2.22 Bn | 84.35 Mn | 176.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 717.31 Mn |
| Feb 28, 2026 | 656.17 Mn |
| Nov 30, 2025 | 556.89 Mn |
| Aug 31, 2025 | 637.80 Mn |
| May 31, 2025 | 569.87 Mn |
| Feb 28, 2025 | 531.59 Mn |
| Nov 30, 2024 | 498.31 Mn |
| Aug 31, 2024 | 583.52 Mn |
| May 31, 2024 | 542.40 Mn |
| Feb 29, 2024 | 644.79 Mn |
| Nov 30, 2023 | 422.56 Mn |
| Aug 31, 2023 | 441.22 Mn |
| May 31, 2023 | 391.62 Mn |
| Feb 28, 2023 | 369.56 Mn |
| Nov 30, 2022 | 336.20 Mn |
| Aug 31, 2022 | 312.07 Mn |
| May 31, 2022 | 247.83 Mn |
| Feb 28, 2022 | 372.75 Mn |
| Nov 30, 2021 | 491.68 Mn |
| Aug 31, 2021 | 642.04 Mn |
API Access
New Oriental Education & Technology Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=EDU&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "EDU", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=EDU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();