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% YoY from $211.9 million in Q2 2025, and up 32.06% on a QoQ basis from $198.8 million in Q1 2026.
New Oriental Education & Technology (EDU) Research & Development (2009 - 2026) Analysis & Trends
New Oriental Education & Technology (EDU) has 18 years of Research & Development data on file, last reported at $262.5 million in Q2 2026.
- Quarterly Research & Development rose 23.88% year-over-year to $262.5 million in Q2 2026, while the trailing twelve-month figure through May 2026 was $855.9 million (up 9.17% YoY) and the FY2026 annual result came in at $855.9 million, up 9.17% from the prior year.
- Research & Development grew to $262.5 million in Q2 2026, from $198.8 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $262.5 million in Q2 2026 to a low of $93.7 million in Q1 2022.
- A 5-year average of $163.0 million and a median of $171.7 million in 2024 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2022 — Research & Development sank 50.68% — and 2023, when it surged 62.22%.
- Tracing EDU's Research & Development over 5 years: stood at $95.5 million in 2022, then surged by 62.22% to $155.0 million in 2023, then climbed by 26.56% to $196.1 million in 2024, then slipped by 1.09% to $194.0 million in 2025, then surged by 35.33% to $262.5 million in 2026.
- The last three Research & Development figures came in at $262.5 million (Q2 2026), $198.8 million (Q1 2026), and $194.0 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.71 Bn | 82.71 Bn | 812.22 Mn | 262.52 Mn |
| 2 | 51Talk Online Education | 7.32 Bn | 7.28 Bn | 22.97 Mn | -1.93 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 | 125.95 Mn |
| 10 | Youdao | 2.08 Bn | 2.00 Bn | 87.31 Mn | -55.41 Mn |
Historic Data
Download 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 |