New Oriental Education & Technology (EDU) Operating Expenses (2009 - 2026)
New Oriental Education & Technology's (EDU) quarterly Operating Expenses came in at $1.4 billion in Q2 2026, up 15.33% on a YoY basis from $1.3 billion in Q2 2025, and up 16.71% quarter-over-quarter from $1.2 billion in Q1 2026.
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New Oriental Education & Technology (EDU) Operating Expenses (2009 - 2026) Analysis & Trends
New Oriental Education & Technology (EDU) has reported Operating Expenses for 18 consecutive years, with $1.4 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 15.33% year-over-year to $1.4 billion; the trailing twelve-month figure through May 2026 stood at $5.0 billion (up 12.21% YoY), and the FY2026 full-year result was $5.0 billion, up 12.21% from the prior year.
- Operating Expenses improved to $1.4 billion in Q2 2026 per EDU's latest filing, from $1.2 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $1.4 billion in Q2 2026 and bottomed at $629.7 million in Q2 2022.
- Historically, Operating Expenses has averaged $980.3 million across 5 years, with a median of $1.0 billion in 2024.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses sank 55.08% in 2022, then jumped 59.07% in 2024.
- Over 5 years, Operating Expenses stood at $640.7 million in 2022, then surged by 32.4% to $848.3 million in 2023, then grew by 20.17% to $1.0 billion in 2024, then climbed by 10.37% to $1.1 billion in 2025, then grew by 28.32% to $1.4 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $1.4 billion, $1.2 billion, and $1.1 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Service Corp International | 10.64 Bn | 10.38 Bn | 273.50 Mn | 41.78 Mn |
| 2 | New Oriental Education & Technology | 8.69 Bn | 6.29 Bn | -19,600.00 | 1.44 Bn |
| 3 | Laureate Education | 5.06 Bn | 4.90 Bn | 237.67 Mn | 14.24 Mn |
| 4 | Graham Holdings | 4.89 Bn | 3.68 Bn | 777.03 Mn | 1.22 Bn |
| 5 | Covista | 4.19 Bn | 3.78 Bn | 284.63 Mn | 405.94 Mn |
| 6 | Valvoline | 3.67 Bn | 3.58 Bn | 214.90 Mn | 103.10 Mn |
| 7 | Bright Horizons Family Solutions | 3.28 Bn | 3.11 Bn | 188.96 Mn | 108.00 Mn |
| 8 | Stride | 3.26 Bn | 2.30 Bn | 217.28 Mn | 111.43 Mn |
| 9 | TAL Education | 2.28 Bn | -596.06 Mn | 438.20 Mn | 301.00 Mn |
| 10 | Onespaworld Holdings | 2.26 Bn | 2.22 Bn | 84.35 Mn | 236.74 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 1.44 Bn |
| Feb 28, 2026 | 1.24 Bn |
| Nov 30, 2025 | 1.13 Bn |
| Aug 31, 2025 | 1.21 Bn |
| May 31, 2025 | 1.25 Bn |
| Feb 28, 2025 | 1.06 Bn |
| Nov 30, 2024 | 1.02 Bn |
| Aug 31, 2024 | 1.14 Bn |
| May 31, 2024 | 1.13 Bn |
| Feb 29, 2024 | 1.09 Bn |
| Nov 30, 2023 | 848.26 Mn |
| Aug 31, 2023 | 894.90 Mn |
| May 31, 2023 | 812.52 Mn |
| Feb 28, 2023 | 687.66 Mn |
| Nov 30, 2022 | 640.70 Mn |
| Aug 31, 2022 | 666.83 Mn |
| May 31, 2022 | 629.67 Mn |
| Feb 28, 2022 | 755.29 Mn |
| Nov 30, 2021 | 1.43 Bn |
| Aug 31, 2021 | 1.28 Bn |
API Access
New Oriental Education & Technology Operating Expenses 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=operating-expenses&ticker=EDU&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=EDU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();