New Oriental Education & Technology (EDU) Free Cash Flow (2019 - 2026)
New Oriental Education & Technology's (EDU) quarterly Free Cash Flow came in at $518.7 million in Q2 2026, up 29.97% YoY from $399.1 million in Q2 2025, and up 7058.4% on a QoQ basis from -$7.5 million in Q1 2026.
New Oriental Education & Technology (EDU) Free Cash Flow (2019 - 2026) Analysis & Trends
New Oriental Education & Technology (EDU) has 8 years of Free Cash Flow data on file, last reported at $518.7 million in Q2 2026.
- Quarterly Free Cash Flow rose 29.97% year-over-year to $518.7 million in Q2 2026, while the trailing twelve-month figure through May 2026 was $1.0 billion (up 14.55% YoY) and the FY2026 annual result came in at $1.0 billion, up 56.89% from the prior year.
- Free Cash Flow improved to $518.7 million in Q2 2026, from -$7.5 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $518.7 million in Q2 2026 to a low of -$235.0 million in Q1 2022.
- A 5-year average of $211.8 million and a median of $191.4 million in 2023 frame the typical range for Free Cash Flow.
- Annual changes were most pronounced in 2022 — Free Cash Flow sank 1107.83% — and 2023, when it soared 1336.63%.
- Tracing EDU's Free Cash Flow over 5 years: stood at $173.7 million in 2022, then soared by 73.08% to $300.6 million in 2023, then increased by 4.23% to $313.3 million in 2024, then grew by 3.25% to $323.5 million in 2025, then soared by 60.37% to $518.7 million in 2026.
- The last three Free Cash Flow figures came in at $518.7 million (Q2 2026), -$7.5 million (Q1 2026), and $323.5 million (Q4 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.71 Bn | 82.71 Bn | 812.22 Mn | 518.75 Mn |
| 2 | 51Talk Online Education | 7.32 Bn | 7.28 Bn | 22.97 Mn | - |
| 3 | Laureate Education | 5.21 Bn | 5.05 Bn | 237.67 Mn | 83.78 Mn |
| 4 | Graham Holdings | 4.98 Bn | 3.74 Bn | 777.03 Mn | 32.62 Mn |
| 5 | Covista | 4.66 Bn | 4.66 Bn | 284.63 Mn | 97.52 Mn |
| 6 | Grand Canyon Education | 3.78 Bn | 3.50 Bn | 204.08 Mn | 97.91 Mn |
| 7 | Stride | 3.50 Bn | 2.55 Bn | 217.28 Mn | 292.72 Mn |
| 8 | McGraw Hill | 2.38 Bn | 2.13 Bn | 388.89 Mn | -169.95 Mn |
| 9 | TAL Education | 2.28 Bn | -401.26 Mn | 227.32 Mn | 40.96 Mn |
| 10 | Youdao | 2.08 Bn | 2.00 Bn | 87.31 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 518.75 Mn |
| May 31, 2026 | 518.75 Mn |
| Feb 28, 2026 | -7.46 Mn |
| Feb 28, 2026 | -7.46 Mn |
| Nov 30, 2025 | 323.47 Mn |
| Nov 30, 2025 | 323.47 Mn |
| Aug 31, 2025 | 192.32 Mn |
| Aug 31, 2025 | 192.32 Mn |
| May 31, 2025 | 399.12 Mn |
| May 31, 2025 | 399.12 Mn |
| Feb 28, 2025 | 963,000.00 |
| Feb 28, 2025 | 963,000.00 |
| Nov 30, 2024 | 313.30 Mn |
| Nov 30, 2024 | 313.30 Mn |
| Aug 31, 2024 | 183.21 Mn |
| Aug 31, 2024 | 183.21 Mn |
| May 31, 2024 | 376.84 Mn |
| May 31, 2024 | 376.84 Mn |
| Feb 29, 2024 | 109.44 Mn |
| Feb 29, 2024 | 109.44 Mn |