NEW ORIENTAL-S (09901) The net profit attributable to shareholders in the third quarter increased by 45.3% year-on-year to 1.268 billion US dollars.

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17:43 22/04/2026
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GMT Eight
New Oriental Education & Technology Group Inc. (09901) announced that as of the third quarter ending on February 28, 2026, its net revenue increased by 19.8% year-on-year to $1.4173 billion. Operating profit increased by 44.8% to $1.803 billion. Net profit attributable to shareholders of New Oriental increased by 45.3% to $1.268 billion.
NEW ORIENTAL-S (09901) announced that as of the end of the third quarter of February 28, 2026, net revenue increased by 19.8% year-on-year to $1.4173 billion. Operating profit increased by 44.8% year-on-year to $180.3 million. Net profit attributable to New Oriental shareholders increased by 45.3% year-on-year to $126.8 million. As of the end of the first nine months of February 28, 2026, net revenue was $4.1318 billion, an increase of 13.0% year-on-year. Operating profit was $557.5 million, an increase of 27.6% year-on-year. Net profit attributable to New Oriental shareholders was $413 million, an increase of 13.3% year-on-year. New Oriental expects net revenue for the fourth quarter of the 2026 fiscal year (March 1, 2026, to May 31, 2026) to be between $1.4296 billion and $1.4669 billion, with a year-on-year growth rate between 15% and 18%. Driven by the vigorous growth of each business line, New Oriental has raised its full-year net revenue forecast for the 2026 fiscal year (June 1, 2025, to May 31, 2026) to be between $5.5614 billion and $5.5987 billion, with a year-on-year growth rate between 13% and 14%. Chew Min, Chairman of the Board of New Oriental, said: "We are pleased to announce that revenue growth in the third quarter of the 2026 fiscal year has continued to accelerate compared to the same period last year. The revenue from overseas exam preparation business increased by approximately 7.4%. In addition, our domestic exam preparation business for adults and college students grew by about 14.5% year-on-year, while the new education business also grew by about 23.3% year-on-year. This quarter, our non-subject tutoring courses have been launched in approximately 60 cities, attracting approximately 458,000 student registrations. At the same time, our intelligent learning system and devices have been put into use in approximately 60 cities, with approximately 367,000 active paying users. We are further focusing on core busi...