New Oriental Education & Technology (EDU) Research & Development (2009 - 2026)
New Oriental Education & Technology's (EDU) quarterly Research & Development came in at $262.5 million in Q2 2026, up 23.88% on a YoY basis from $211.9 million in Q2 2025, and up 32.06% quarter-over-quarter from $198.8 million in Q1 2026.
New Oriental Education & Technology (EDU) Research & Development (2009 - 2026) Analysis & Trends
New Oriental Education & Technology (EDU) has reported Research & Development for 18 consecutive years, with $262.5 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Research & Development rose 23.88% year-over-year to $262.5 million; the trailing twelve-month figure through May 2026 stood at $855.9 million (up 9.17% YoY), and the FY2026 full-year result was $855.9 million, up 9.17% from the prior year.
- Research & Development improved to $262.5 million in Q2 2026 per EDU's latest filing, from $198.8 million in the prior quarter.
- Across five years, Research & Development topped out at $262.5 million in Q2 2026 and bottomed at $93.7 million in Q1 2022.
- Historically, Research & Development has averaged $163.0 million across 5 years, with a median of $171.7 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Research & Development slumped 50.68% in 2022, then soared 62.22% in 2023.
- Over 5 years, Research & Development stood at $95.5 million in 2022, then jumped by 62.22% to $155.0 million in 2023, then increased by 26.56% to $196.1 million in 2024, then declined by 1.09% to $194.0 million in 2025, then jumped by 35.33% to $262.5 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $262.5 million, $198.8 million, and $194.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Service Corp International | 10.64 Bn | 10.38 Bn | 273.50 Mn | - |
| 2 | New Oriental Education & Technology | 8.69 Bn | 6.29 Bn | -19,600.00 | 262.52 Mn |
| 3 | Laureate Education | 5.06 Bn | 4.90 Bn | 237.67 Mn | - |
| 4 | Graham Holdings | 4.89 Bn | 3.68 Bn | 777.03 Mn | - |
| 5 | Covista | 4.19 Bn | 3.78 Bn | 284.63 Mn | - |
| 6 | Valvoline | 3.67 Bn | 3.58 Bn | 214.90 Mn | - |
| 7 | Bright Horizons Family Solutions | 3.28 Bn | 3.11 Bn | 188.96 Mn | - |
| 8 | Stride | 3.26 Bn | 2.30 Bn | 217.28 Mn | - |
| 9 | TAL Education | 2.28 Bn | -596.06 Mn | 438.20 Mn | 172.03 Mn |
| 10 | Onespaworld Holdings | 2.26 Bn | 2.22 Bn | 84.35 Mn | - |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 262.52 Mn |
| Feb 28, 2026 | 198.79 Mn |
| Nov 30, 2025 | 193.99 Mn |
| Aug 31, 2025 | 200.58 Mn |
| May 31, 2025 | 211.91 Mn |
| Feb 28, 2025 | 182.24 Mn |
| Nov 30, 2024 | 196.12 Mn |
| Aug 31, 2024 | 193.69 Mn |
| May 31, 2024 | 208.24 Mn |
| Feb 29, 2024 | 161.26 Mn |
| Nov 30, 2023 | 154.97 Mn |
| Aug 31, 2023 | 136.12 Mn |
| May 31, 2023 | 147.79 Mn |
| Feb 28, 2023 | 102.63 Mn |
| Nov 30, 2022 | 95.53 Mn |
| Aug 31, 2022 | 98.74 Mn |
| May 31, 2022 | 95.79 Mn |
| Feb 28, 2022 | 93.71 Mn |
| Nov 30, 2021 | 112.38 Mn |
| Aug 31, 2021 | 165.03 Mn |
New Oriental Education & Technology Research & Development 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=research-and-development&ticker=EDU&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=EDU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();