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

New Oriental Education & Technology (NWOEF) has reported Operating Expenses for 18 consecutive years, with $1.4 billion the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Expenses rose 15.33% year-over-year to $1.4 billion; the trailing twelve-month figure through May 2026 stood at $5.0 billion (up 12.21% YoY), and the FY2026 full-year result was $5.0 billion, up 12.21% from the prior year.
• Operating Expenses improved to $1.4 billion in Q2 2026 per NWOEF's latest filing, from $1.2 billion in the prior quarter.
• Across five years, Operating Expenses topped out at $1.4 billion in Q2 2026 and bottomed at $629.7 million in Q2 2022.
• Historically, Operating Expenses has averaged $980.3 million across 5 years, with a median of $1.0 billion in 2024.
• The sharpest annual moves came in 2022 and 2024: Operating Expenses sank 55.08% in 2022, then jumped 59.07% in 2024.
• Over 5 years, Operating Expenses stood at $640.7 million in 2022, then surged by 32.4% to $848.3 million in 2023, then grew by 20.17% to $1.0 billion in 2024, then climbed by 10.37% to $1.1 billion in 2025, then grew by 28.32% to $1.4 billion in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $1.4 billion, $1.2 billion, and $1.1 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.