New Oriental Education & Technology (NWOEF) Research & Development (2009 - 2026)

New Oriental Education & Technology (NWOEF) 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 NWOEF'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.