Educational Services & Test Preparation Courses was New Oriental Education & Technology’s largest segment in fiscal 2026, bringing in $4.01B of $5.46B (73%).
| Segment | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Educational Services & Test Preparation Courses | $1.91B | $2.72B | $3.46B | $4.01B | |||||||||||||
| K-12 Ast Test Preparation & Other Courses | — | — | — | — | |||||||||||||
| Language Training & Test Preparation Course | — | — | — | — | |||||||||||||
| Private Label Products & Livestreaming E-Commerce And Other Services | $379.34M | $709.75M | $481.19M | $684.90M | |||||||||||||
| Overseas Study Consulting Services | $354.76M | $439.74M | $516.37M | $511.35M | |||||||||||||
| Others | $96.94M | $154.22M | $242.42M | $252.87M | |||||||||||||
| Online Education & Other Services | — | — | — | — | |||||||||||||
| Online Education | — | — | — | — | |||||||||||||
| Corporate & Others | — | — | — | — | |||||||||||||
| Corporate & Other | — | — | — | — | |||||||||||||
| Primary & Secondary Education | — | — | — | — | |||||||||||||
| Total | $2.75B | $4.02B | $4.70B | $5.46B |
New Oriental Education & Technology brought in $5.46B from its four segments in fiscal 2026, the year ended May 31, 2026. That was up 16.2% from $4.70B in fiscal 2025. Educational Services & Test Preparation Courses was the largest at $4.01B (73.4%), ahead of Private Label Products & Livestreaming E-Commerce And Other Services at $684.90M (12.6%) and Overseas Study Consulting Services at $511.35M (9.4%). The remaining segment, Others, brought in $252.87M.
Compared with fiscal 2025, Private Label Products & Livestreaming E-Commerce And Other Services grew fastest, up 42.3% to $684.90M, while Overseas Study Consulting Services fell the most, down 1.0% to $511.35M. From fiscal 2023 to 2026, combined revenue from these segments grew from $2.75B to $5.46B, a compound annual growth rate of 25.7%. Educational Services & Test Preparation Courses' share of the total rose from 69.7% to 73.4%.
Net Service Revenues was New Oriental Education & Technology’s largest product and service line in fiscal 2026, bringing in $4.01B of $4.69B (85%).
| Product and Service | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|---|---|---|
| Net Service Revenues | $1.91B | $2.72B | $3.46B | $4.01B | ||
| Net Product Revenues | $379.34M | $709.75M | $481.19M | $684.90M | ||
| Total | $2.29B | $3.43B | $3.94B | $4.69B |
New Oriental Education & Technology brought in $4.69B from its two product and service lines in fiscal 2026, the year ended May 31, 2026. That is less than the $5.46B it reports by segment, so these lines do not cover all of its revenue. Net Service Revenues was the largest at $4.01B (85.4%), ahead of Net Product Revenues at $684.90M (14.6%).
Compared with fiscal 2025, Net Product Revenues grew 42.3% to $684.90M and Net Service Revenues grew 15.9% to $4.01B.
New Oriental Education & Technology (EDU) reports its revenue by segment and by product and service. In fiscal 2026, Educational Services & Test Preparation Courses was its largest segment, bringing in $4.01B (73.4% of the total), followed by Private Label Products & Livestreaming E-Commerce And Other Services at $684.90M (12.6%).
Educational Services & Test Preparation Courses was New Oriental Education & Technology's largest segment in fiscal 2026, bringing in $4.01B, or 73.4% of the $5.46B total across its four segments.
Net Service Revenues was New Oriental Education & Technology's largest product and service line in fiscal 2026, bringing in $4.01B, or 85.4% of the $4.69B total across its two product and service lines.
Among New Oriental Education & Technology's segments that make up at least 2% of revenue, Private Label Products & Livestreaming E-Commerce And Other Services grew fastest in fiscal 2026, up 42.3% from $481.19M to $684.90M.
Every figure comes from New Oriental Education & Technology's annual financial filings, as reported. Each line keeps the name New Oriental Education & Technology gives it, and years follow its fiscal calendar.
New Oriental Education & Technology's revenue by segment goes back to fiscal 2010, with figures through fiscal 2026. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.