New Oriental Education & Technology (EDU) Operating Leases (2019 - 2026)
New Oriental Education & Technology's (EDU) quarterly Operating Leases came in at $563.8 million in Q2 2026, up 5.71% YoY from $533.4 million in Q2 2025, and up 5.64% on a QoQ basis from $533.7 million in Q1 2026.
New Oriental Education & Technology (EDU) Operating Leases (2019 - 2026) Analysis & Trends
New Oriental Education & Technology (EDU) has 8 years of Operating Leases data on file, last reported at $563.8 million in Q2 2026.
- Quarterly Operating Leases rose 5.71% year-over-year to $563.8 million in Q2 2026, while the trailing twelve-month figure through May 2026 was $563.8 million (up 5.71% YoY) and the FY2026 annual result came in at $563.8 million, up 5.71% from the prior year.
- Operating Leases rose to $563.8 million in Q2 2026, from $533.7 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $1.4 billion in Q1 2022 to a low of $288.2 million in Q2 2023.
- A 5-year average of $480.2 million and a median of $460.8 million in 2024 frame the typical range for Operating Leases.
- Annual changes were most pronounced in 2023 — Operating Leases sank 77.82% — and 2024, when it jumped 62.59%.
- Tracing EDU's Operating Leases over 5 years: stood at $324.7 million in 2022, then rose by 1.63% to $330.0 million in 2023, then soared by 48.42% to $489.8 million in 2024, then advanced by 5.71% to $517.8 million in 2025, then increased by 8.89% to $563.8 million in 2026.
- The last three Operating Leases figures came in at $563.8 million (Q2 2026), $533.7 million (Q1 2026), and $517.8 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.71 Bn | 82.71 Bn | 812.22 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 |
| 4 | Graham Holdings | 4.98 Bn | 3.74 Bn | 777.03 Mn |
| 5 | Covista | 4.66 Bn | 4.66 Bn | 284.63 Mn |
| 6 | Grand Canyon Education | 3.78 Bn | 3.50 Bn | 204.08 Mn |
| 7 | Stride | 3.50 Bn | 2.55 Bn | 217.28 Mn |
| 8 | McGraw Hill | 2.38 Bn | 2.13 Bn | 388.89 Mn |
| 9 | TAL Education | 2.28 Bn | -401.26 Mn | 227.32 Mn |
| 10 | Youdao | 2.08 Bn | 2.00 Bn | 87.31 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 563.83 Mn |
| Feb 28, 2026 | 533.71 Mn |
| Nov 30, 2025 | 517.80 Mn |
| Aug 31, 2025 | 523.83 Mn |
| May 31, 2025 | 533.38 Mn |
| Feb 28, 2025 | 484.66 Mn |
| Nov 30, 2024 | 489.83 Mn |
| Aug 31, 2024 | 473.63 Mn |
| May 31, 2024 | 447.99 Mn |
| Feb 29, 2024 | 371.34 Mn |
| Nov 30, 2023 | 330.02 Mn |
| Aug 31, 2023 | 291.30 Mn |
| May 31, 2023 | 288.19 Mn |
| Feb 28, 2023 | 299.63 Mn |
| Nov 30, 2022 | 324.74 Mn |
| Aug 31, 2022 | 372.79 Mn |
| May 31, 2022 | 446.39 Mn |
| Feb 28, 2022 | 1.35 Bn |
| Nov 30, 2021 | 1.35 Bn |
| May 31, 2021 | 1.35 Bn |