New Oriental Education & Technology (EDU) Intangibles (2009 - 2026)
New Oriental Education & Technology (EDU) reported Intangibles of $7.77 million for fiscal Q4 2026 (quarter ended May 31, 2026), down 40.3% from $13.02 million a year earlier and down 15.2% from the prior quarter.
New Oriental Education & Technology (EDU) Intangibles (2009 - 2026) Analysis & Trends
Dating back to fiscal Q3 2009, New Oriental Education & Technology's Intangibles record includes 66 quarters.
- Intangibles has declined for three consecutive fiscal years, though with a five-year compound annual growth rate of 10.0% (FY2021 to FY2026).
- By fiscal year, Intangibles came in at $13.02 million in FY2025 (-30.3%), $18.67 million in FY2024 (-25.8%), $25.18 million in FY2023 (+799.3%) and $2.8 million in FY2022 (-42.1%).
- The fiscal Q4 2026 figure ranks as the lowest quarterly Intangibles since fiscal Q1 2023.
- Year over year, Intangibles has now declined in each of the last 11 quarters, with an average decline of 31.9% over the last eight quarters.
- The high point for year-over-year Intangibles in five years was fiscal Q1 2024 (growth of 871.0%); the low point was fiscal Q3 2022 (a decline of 65.1%).
- Per Business Quant data, the three fiscal quarters before Q4 2026 came in at $9.17 million (Q3 2026), $10.34 million (Q2 2026) and $11.7 million (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Service Corp International | 11.15 Bn | 10.15 Bn | 273.50 Mn | - |
| 2 | New Oriental Education & Technology | 9.53 Bn | -1.61 Bn | 5,600.00 | 7.77 Mn |
| 3 | TAL Education | 7.16 Bn | -5.83 Bn | 438.20 Mn | 44.91 Mn |
| 4 | Laureate Education | 5.43 Bn | 4.73 Bn | 237.67 Mn | 168.13 Mn |
| 5 | Graham Holdings | 5.11 Bn | 202.28 Mn | 392.03 Mn | 170.34 Mn |
| 6 | Covista | 4.47 Bn | 3.59 Bn | 284.63 Mn | 754.25 Mn |
| 7 | Valvoline | 4.04 Bn | 3.75 Bn | 214.90 Mn | - |
| 8 | Bright Horizons Family Solutions | 3.63 Bn | 3.07 Bn | 188.96 Mn | 191.37 Mn |
| 9 | Stride | 3.55 Bn | 446.85 Mn | 217.28 Mn | 10.88 Mn |
| 10 | Onespaworld Holdings | 2.43 Bn | 2.33 Bn | 44.57 Mn | 502.87 Mn |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 7.77 Mn |
| Feb 28, 2026 | 9.17 Mn |
| Nov 30, 2025 | 10.34 Mn |
| Aug 31, 2025 | 11.70 Mn |
| May 31, 2025 | 13.02 Mn |
| Feb 28, 2025 | 14.28 Mn |
| Nov 30, 2024 | 15.79 Mn |
| Aug 31, 2024 | 17.60 Mn |
| May 31, 2024 | 18.67 Mn |
| Feb 29, 2024 | 20.23 Mn |
| Nov 30, 2023 | 21.87 Mn |
| Aug 31, 2023 | 23.03 Mn |
| May 31, 2023 | 25.18 Mn |
| Feb 28, 2023 | 27.53 Mn |
| Nov 30, 2022 | 28.96 Mn |
| Aug 31, 2022 | 2.37 Mn |
| May 31, 2022 | 2.80 Mn |
| Feb 28, 2022 | 3.29 Mn |
| Nov 30, 2021 | 3.66 Mn |
| May 31, 2021 | 4.84 Mn |
New Oriental Education & Technology Intangibles 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=intangibles&ticker=EDU&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=EDU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();