New Oriental Education & Technology (EDU) Tax Provisions (2009 - 2026)
New Oriental Education & Technology's (EDU) quarterly Tax Provisions came in at -$25.4 million in Q2 2026, down 1553.36% YoY from $1.7 million in Q2 2025, and up 53.62% on a QoQ basis from -$54.7 million in Q1 2026.
New Oriental Education & Technology (EDU) Tax Provisions (2009 - 2026) Analysis & Trends
New Oriental Education & Technology (EDU) has 18 years of Tax Provisions data on file, last reported at -$25.4 million in Q2 2026.
- Quarterly Tax Provisions fell 1553.36% year-over-year to -$25.4 million in Q2 2026, while the trailing twelve-month figure through May 2026 was -$196.1 million (down 34.05% YoY) and the FY2026 annual result came in at -$196.1 million, down 34.05% from the prior year.
- Tax Provisions climbed to -$25.4 million in Q2 2026, from -$54.7 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of -$1.5 million in Q2 2025 to a low of -$91.5 million in Q3 2025.
- A 5-year average of -$30.0 million and a median of -$21.4 million in 2022 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2022 — Tax Provisions soared 95.84% — and 2026, when it slumped 1553.36%.
- Tracing EDU's Tax Provisions over 5 years: stood at -$3.9 million in 2022, then tumbled by 126.43% to -$8.9 million in 2023, then sank by 63.89% to -$14.6 million in 2024, then plunged by 67.25% to -$24.5 million in 2025, then decreased by 3.73% to -$25.4 million in 2026.
- The last three Tax Provisions figures came in at -$25.4 million (Q2 2026), -$54.7 million (Q1 2026), and -$24.5 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.71 Bn | 82.71 Bn | 812.22 Mn | -25.38 Mn |
| 2 | 51Talk Online Education | 7.32 Bn | 7.28 Bn | 22.97 Mn | -489,000.00 |
| 3 | Laureate Education | 5.21 Bn | 5.05 Bn | 237.67 Mn | 81.67 Mn |
| 4 | Graham Holdings | 4.98 Bn | 3.74 Bn | 777.03 Mn | 35.10 Mn |
| 5 | Covista | 4.66 Bn | 4.66 Bn | 284.63 Mn | 16.24 Mn |
| 6 | Grand Canyon Education | 3.78 Bn | 3.50 Bn | 204.08 Mn | 15.00 Mn |
| 7 | Stride | 3.50 Bn | 2.55 Bn | 217.28 Mn | 22.83 Mn |
| 8 | McGraw Hill | 2.38 Bn | 2.13 Bn | 388.89 Mn | -2.47 Mn |
| 9 | TAL Education | 2.28 Bn | -401.26 Mn | 227.32 Mn | -10.45 Mn |
| 10 | Youdao | 2.08 Bn | 2.00 Bn | 87.31 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | -25.38 Mn |
| Feb 28, 2026 | -54.72 Mn |
| Nov 30, 2025 | -24.47 Mn |
| Aug 31, 2025 | -91.54 Mn |
| May 31, 2025 | -1.54 Mn |
| Feb 28, 2025 | -52.58 Mn |
| Nov 30, 2024 | -14.63 Mn |
| Aug 31, 2024 | -77.55 Mn |
| May 31, 2024 | -5.53 Mn |
| Feb 29, 2024 | -32.70 Mn |
| Nov 30, 2023 | -8.93 Mn |
| Aug 31, 2023 | -62.53 Mn |
| May 31, 2023 | -19.44 Mn |
| Feb 28, 2023 | -19.34 Mn |
| Nov 30, 2022 | -3.94 Mn |
| Aug 31, 2022 | -23.34 Mn |
| May 31, 2022 | -5.62 Mn |
| Feb 28, 2022 | -16.86 Mn |
| Nov 30, 2021 | -94.85 Mn |
| Aug 31, 2021 | -18.98 Mn |