Educational Services & Test Preparation Courses was New Oriental Education & Technology’s largest segment in fiscal 2026, bringing in $4.01B of $5.66B (71%).
| 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 | $557.51M | $900.61M | $600.28M | $806.91M | |||||||||||||
| Overseas Study Consulting Services | $354.76M | $439.74M | $516.37M | $511.35M | |||||||||||||
| Others | $170.62M | $257.05M | $327.43M | $336.27M | |||||||||||||
| Online Education & Other Services | — | — | — | — | |||||||||||||
| Online Education | — | — | — | — | |||||||||||||
| Corporate & Others | — | — | — | — | |||||||||||||
| Corporate & Other | — | — | — | — | |||||||||||||
| Primary & Secondary Education | — | — | — | — | |||||||||||||
| Total | $3.00B | $4.31B | $4.90B | $5.66B |
New Oriental Education & Technology brought in $5.66B from its four segments in fiscal 2026, the year ended May 31, 2026. That was up 15.5% from $4.90B in fiscal 2025. Educational Services & Test Preparation Courses was the largest at $4.01B (70.8%), ahead of Private Label Products & Livestreaming E-Commerce And Other Services at $806.91M (14.3%) and Overseas Study Consulting Services at $511.35M (9.0%). The remaining segment, Others, brought in $336.27M.
Compared with fiscal 2025, Private Label Products & Livestreaming E-Commerce And Other Services grew fastest, up 34.4% to $806.91M, 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 $3.00B to $5.66B, a compound annual growth rate of 23.6%. Educational Services & Test Preparation Courses' share of the total rose from 63.9% to 70.8%.
Net Service Revenues was New Oriental Education & Technology’s largest product and service line in fiscal 2026, bringing in $4.89B of $5.66B (86%).
| Product and Service | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|---|---|---|
| Net Service Revenues | $2.54B | $3.50B | $4.33B | $4.89B | ||
| Net Product Revenues | $453.03M | $812.59M | $566.19M | $768.29M | ||
| Total | $3.00B | $4.31B | $4.90B | $5.66B |
New Oriental Education & Technology brought in $5.66B from its two product and service lines in fiscal 2026, the year ended May 31, 2026. That was up 15.5% from $4.90B in fiscal 2025. Net Service Revenues was the largest at $4.89B (86.4%), ahead of Net Product Revenues at $768.29M (13.6%).
Compared with fiscal 2025, Net Product Revenues grew 35.7% to $768.29M and Net Service Revenues grew 12.9% to $4.89B. From fiscal 2023 to 2026, combined revenue from these lines grew from $3.00B to $5.66B, a compound annual growth rate of 23.6%. Net Service Revenues' share of the total rose from 84.9% to 86.4%.
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 (70.8% of the total), followed by Private Label Products & Livestreaming E-Commerce And Other Services at $806.91M (14.3%).
Educational Services & Test Preparation Courses was New Oriental Education & Technology's largest segment in fiscal 2026, bringing in $4.01B, or 70.8% of the $5.66B total across its four segments.
Net Service Revenues was New Oriental Education & Technology's largest product and service line in fiscal 2026, bringing in $4.89B, or 86.4% of the $5.66B 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 34.4% from $600.28M to $806.91M.
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.