TAL Education (TAL) Cost of Revenue (2009 - 2026)
TAL Education's Cost of Revenue came in at $400.01 million for the quarter ended Aug 31, 2026, up 8.0% from $370.34 million a year earlier and up 24.9% from the prior quarter.
TAL Education (TAL) Cost of Revenue (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Aug 31, 2026, TAL Education reported Cost of Revenue of $1.43 billion, up 18.6% year-over-year; for the year ended Feb 28, 2026, it came in at $1.34 billion, up 27.9% from the prior year.
- Cost of Revenue has increased in each of the last three years, though with a five-year compound annual growth rate of -8.1% (years ended Feb 2021 to Feb 2026).
- Going back by year, Cost of Revenue was $1.05 billion in the year ended Feb 28, 2025 (+53.4%), $684.32 million in the year ended Feb 29, 2024 (+56.8%), $436.36 million in the year ended Feb 28, 2023 (-80.2%) and $2.2 billion in the year ended Feb 28, 2022 (+7.6%).
- The figure for the quarter ended Aug 31, 2026 represents the highest quarterly Cost of Revenue since the quarter ended Nov 30, 2021.
- Year-over-year, Cost of Revenue has increased for 14 consecutive quarters, with growth averaging 31.8% over the last eight quarters.
- The fastest year-over-year change in Cost of Revenue over five years came in the quarter ended Nov 30, 2023 (growth of 68.2%), and the weakest in the quarter ended Aug 31, 2022 (a decline of 86.6%).
- Business Quant data shows TAL's Cost of Revenue at $320.18 million (quarter ended May 31, 2026), $375.16 million (quarter ended Feb 28, 2026) and $338.36 million (quarter ended Nov 30, 2025) in the three quarters before the quarter ended Aug 31, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Service Corp International | 10.06 Bn | 9.12 Bn | 272.27 Mn | 834.99 Mn |
| 2 | New Oriental Education & Technology | 8.68 Bn | -2.70 Bn | 20,000.00 | 816.97 Mn |
| 3 | TAL Education | 5.79 Bn | -6.69 Bn | 594.64 Mn | 400.01 Mn |
| 4 | Graham Holdings | 5.18 Bn | 243.01 Mn | 392.25 Mn | 933.79 Mn |
| 5 | Laureate Education | 4.67 Bn | 4.02 Bn | 131.69 Mn | 353.40 Mn |
| 6 | Valvoline | 4.45 Bn | 4.16 Bn | 214.90 Mn | 329.70 Mn |
| 7 | Covista | 3.73 Bn | 2.90 Bn | 290.78 Mn | 220.76 Mn |
| 8 | Onespaworld Holdings | 3.16 Bn | 3.05 Bn | 49.70 Mn | 226.83 Mn |
| 9 | Stride | 3.11 Bn | -66.08 Mn | 241.12 Mn | 398.26 Mn |
| 10 | Bright Horizons Family Solutions | 2.77 Bn | 2.21 Bn | 204.83 Mn | 636.65 Mn |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 400.01 Mn |
| May 31, 2026 | 320.18 Mn |
| Feb 28, 2026 | 375.16 Mn |
| Nov 30, 2025 | 338.36 Mn |
| Aug 31, 2025 | 370.34 Mn |
| May 31, 2025 | 259.57 Mn |
| Feb 28, 2025 | 292.65 Mn |
| Nov 30, 2024 | 286.69 Mn |
| Aug 31, 2024 | 270.63 Mn |
| May 31, 2024 | 200.01 Mn |
| Feb 29, 2024 | 202.24 Mn |
| Nov 30, 2023 | 173.18 Mn |
| Aug 31, 2023 | 169.38 Mn |
| May 31, 2023 | 139.51 Mn |
| Feb 28, 2023 | 127.71 Mn |
| Nov 30, 2022 | 102.96 Mn |
| Aug 31, 2022 | 117.13 Mn |
| May 31, 2022 | 88.56 Mn |
| Feb 28, 2022 | 198.08 Mn |
| Nov 30, 2021 | 519.48 Mn |
TAL Education Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=TAL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "TAL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=TAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();