Financials in USD. Standardized financial statements.
A compact view of how New Oriental Education & Technology Group Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $4.90B | $4.31B | $3.00B | $3.11B | $4.28B | $3.58B | $3.10B | $2.45B | $1.80B | $1.48B |
| Revenue Growth? | +13.6% | +43.9% | -3.5% | -27.4% | +19.5% | +15.6% | +26.5% | +36.0% | +21.7% | 0.0% |
| Cost of Revenue? | $2.18B | $2.05B | $1.41B | $1.75B | $2.04B | $1.59B | $1.38B | $1.07B | $749.59M | $614.36M |
| Gross Profit? | $2.72B | $2.26B | $1.59B | $1.35B | $2.24B | $1.99B | $1.72B | $1.38B | $1.05B | $863.98M |
| Gross Margin? | +55.4% | +52.5% | +53.0% | +43.5% | +52.4% | +55.6% | +55.6% | +56.5% | +58.3% | +58.4% |
| Operating Expenses? | $2.29B | $1.91B | $1.40B | $2.33B | $2.12B | $1.59B | $1.42B | $1.12B | $787.77M | $668.91M |
| Operating Income? | $428.25M | $350.43M | $190.05M | -$982.51M | $117.27M | $399.00M | $305.53M | $262.96M | $262.15M | $198.84M |
| EBITDA? | $595.37M | $457.25M | $312.75M | -$834.22M | $551.90M | $643.30M | $431.20M | $436.05M | $386.10M | $243.59M |
| Income Before Tax | $522.13M | $434.91M | $301.43M | -$1.08B | $313.61M | $489.22M | $313.56M | $357.02M | $327.42M | $262.86M |
| Income Tax Expense | $146.29M | $109.69M | $66.07M | $136.31M | $83.59M | $134.36M | $85.71M | $59.41M | $50.62M | $37.53M |
| Net Income? | $372.44M | $309.59M | $177.34M | -$1.19B | $334.41M | $413.33M | $238.06M | $296.13M | $274.46M | $224.88M |
| EPS? | $2.30 | $1.90 | $1.10 | $-7.00 | $2.00 | $2.60 | $1.50 | $1.90 | $1.70 | $1.40 |
| Diluted EPS? | $2.30 | $1.80 | $1.00 | $-7.00 | $2.00 | $2.60 | $1.50 | $1.90 | $1.70 | $1.40 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality