New Oriental Education & Technology (EDU) Gross Margin (2009 - 2026)
New Oriental Education & Technology's (EDU) quarterly Gross Margin came in at 53.1% in Q2 2026, down 106.0% YoY from 885.04% in Q2 2025, and up 5926236.07% on a QoQ basis from 0.0% in Q1 2026.
New Oriental Education & Technology (EDU) Gross Margin (2009 - 2026) Analysis & Trends
New Oriental Education & Technology (EDU) has 18 years of Gross Margin data on file, last reported at 53.1% in Q2 2026.
- Quarterly Gross Margin fell 106.0% year-over-year to 53.1% in Q2 2026, while the trailing twelve-month figure through May 2026 was 25.56% (up 79.0% YoY) and the FY2026 annual result came in at 54.64%, down 81.0% from the prior year.
- Gross Margin advanced to 53.1% in Q2 2026, from 0.0% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 54.16% in Q2 2025 to a low of 0.0% in Q2 2022.
- A 5-year average of 17.29% and a median of 0.0% in 2022 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin tumbled 5224 bps — and 2025, when it surged 5416 bps.
- Tracing EDU's Gross Margin over 5 years: stood at 47.32% in 2022, then grew by 9 bps to 51.41% in 2023, then gained by 1 bps to 52.02% in 2024, then grew by 2 bps to 53.26% in 2025, then fell by 0 bps to 53.1% in 2026.
- The last three Gross Margin figures came in at 53.1% (Q2 2026), 0.0% (Q1 2026), and 53.26% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.71 Bn | 82.71 Bn | 812.22 Mn | 53.10% |
| 2 | 51Talk Online Education | 7.32 Bn | 7.28 Bn | 22.97 Mn | 73.66% |
| 3 | Laureate Education | 5.21 Bn | 5.05 Bn | 237.67 Mn | 38.59% |
| 4 | Graham Holdings | 4.98 Bn | 3.74 Bn | 777.03 Mn | 59.66% |
| 5 | Covista | 4.66 Bn | 4.66 Bn | 284.63 Mn | 56.77% |
| 6 | Grand Canyon Education | 3.78 Bn | 3.50 Bn | 204.08 Mn | 77.29% |
| 7 | Stride | 3.50 Bn | 2.55 Bn | 217.28 Mn | 34.16% |
| 8 | McGraw Hill | 2.38 Bn | 2.13 Bn | 388.89 Mn | 83.86% |
| 9 | TAL Education | 2.28 Bn | -401.26 Mn | 227.32 Mn | 52.92% |
| 10 | Youdao | 2.08 Bn | 2.00 Bn | 87.31 Mn | 44.68% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 53.10% |
| Feb 28, 2026 | 0.00% |
| Nov 30, 2025 | 53.26% |
| Aug 31, 2025 | 0.00% |
| May 31, 2025 | 54.16% |
| Feb 28, 2025 | 0.00% |
| Nov 30, 2024 | 52.02% |
| Aug 31, 2024 | 0.00% |
| May 31, 2024 | 0.00% |
| Feb 29, 2024 | 0.00% |
| Nov 30, 2023 | 51.41% |
| Aug 31, 2023 | 0.00% |
| May 31, 2023 | 0.00% |
| Feb 28, 2023 | 0.00% |
| Nov 30, 2022 | 47.32% |
| Aug 31, 2022 | 0.00% |
| May 31, 2022 | 0.00% |
| Feb 28, 2022 | 0.00% |
| Nov 30, 2021 | 25.31% |
| Aug 31, 2021 | 0.00% |