Growth Metrics

New Oriental Education & Technology (EDU) Operating Leases (2019 - 2026)

Quarterly Operating Leases rose 10.12% to $533.7 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $533.7 million through Feb 2026, up 10.12% year-over-year, with the annual reading at $533.4 million for FY2025, 19.06% up from the prior year.

New Oriental Education & Technology filings provide 8 years of Operating Leases readings, the most recent being $533.7 million for Q1 2026.

  • Operating Leases hit $533.7 million in Q1 2026 for New Oriental Education & Technology, up from $517.8 million in the prior quarter.
  • Across five years, Operating Leases topped out at $533.7 million in Q1 2026 and bottomed at $288.2 million in Q2 2023.
  • Average Operating Leases over 5 years is $420.6 million, with a median of $447.2 million recorded in 2022.
  • The largest annual shift saw Operating Leases plummeted 66.95% in 2022 before it surged 62.59% in 2024.
  • New Oriental Education & Technology's Operating Leases stood at $324.7 million in 2022, then grew by 1.63% to $330.0 million in 2023, then skyrocketed by 48.42% to $489.8 million in 2024, then rose by 5.71% to $517.8 million in 2025, then grew by 3.07% to $533.7 million in 2026.
  • Per Business Quant, the three most recent readings for EDU's Operating Leases are $533.7 million (Q1 2026), $517.8 million (Q4 2025), and $523.8 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 51Talk Online Education 9.59 Bn 9.55 Bn 22.18 Mn
2 Graham Holdings 4.73 Bn 3.72 Bn 841.00 Mn
3 Laureate Education 4.69 Bn 4.53 Bn -16.39 Mn
4 Grand Canyon Education 4.19 Bn 3.94 Bn 244.77 Mn
5 Stride 3.77 Bn 2.96 Bn 231.57 Mn
6 Perdoceo Education 2.11 Bn 1.43 Bn 174.68 Mn
7 Universal Technical Institute 2.01 Bn 1.84 Bn 103.97 Mn
8 Strategic Education 1.71 Bn 1.55 Bn -
9 Lincoln Educational Services 1.46 Bn 1.44 Bn 120.06 Mn
10 New Oriental Education & Technology 12,389.00 -3.10 Bn 12,700.00

Historic Data

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DateValue
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
May 31, 2021 1.35 Bn
Aug 31, 2020 -20.20 Mn
May 31, 2020 1.08 Bn
Aug 31, 2019 15.02 Mn