New Oriental Education & Technology (NWOEF) Operating Expenses (2009 - 2026)

New Oriental Education & Technology has reported Operating Expenses for 18 years, with the latest figure at $1.2 billion in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 16.86% year-over-year to $1.2 billion; the trailing twelve-month figure through Feb 2026 stood at $4.8 billion (up 11.04% YoY), and the FY2025 full-year result was $4.5 billion, up 12.84% from the prior year.
• Operating Expenses for Q1 2026 stood at $1.2 billion, up from $1.1 billion in the prior quarter.
• The five-year high for Operating Expenses was $1.3 billion in Q2 2025, with the low at $629.7 million in Q2 2022.
• Historically, Operating Expenses has averaged $953.1 million across 5 years, with a median of $1.0 billion in 2024.
• Annual changes were most pronounced in 2022 — Operating Expenses plunged 55.08% — and 2024, when it soared 59.07%.
• New Oriental Education & Technology's Operating Expenses stood at $640.7 million in 2022, then soared by 32.4% to $848.3 million in 2023, then advanced by 20.17% to $1.0 billion in 2024, then gained by 10.37% to $1.1 billion in 2025, then climbed by 9.94% to $1.2 billion in 2026.
• The last three Operating Expenses figures came in at $1.2 billion (Q1 2026), $1.1 billion (Q4 2025), and $1.2 billion (Q3 2025), per Business Quant data.