Below is Dolphin Research's Trans of $New Oriental EDU & Tech(EDU.US) FY26 Q3 earnings call. For the earnings read, please see 'Study-Abroad Headwinds, Skills Training Profitable: EDU Steadies Again'.

$New Oriental EDU & Tech(EDU.US) released FY26 Q3 results pre-mkt on Apr 22 (Beijing time), covering part of the fall semester and the winter break from Dec 2025 to Feb 2026. Results and guidance were solid, but after the company's preview, Street estimates had already been revised up over the past month. By line item, East Buy is likely to come in better, while expectations for the core education biz look largely priced in by the market...

Below is Dolphin Research's compilation of EDU's FY26 Q2 earnings call Trans. For our earnings take, see 'New Oriental: Resilient growth; the education leader's premium is still rising'.

The following is a summary compiled by Dolphin Research regarding the FY26 Q1 earnings call minutes of $New Oriental EDU & Tech(EDU.US). For an interpretation of the financial report, please refer to "Guidance Stabilized, Returns Maximized, Can New Oriental's Faith Be Restored?" 1. Review of Core Financial Data 1. Overall Revenue and Profit Net Income: Increased by 6.1% year-on-year. Operating Revenue: Reached $310.8 million, up 6% year-on-year. Non-GAAP Operating Revenue (excluding share-based compensation expenses and amortization of intangible assets from business acquisitions): Reached $335.5 million, up 11.3% year-on-year. Net Profit Attributable: $240.7 million...

$New Oriental EDU & Tech(EDU.US) released its financial results for the first quarter of fiscal year 2026 before the U.S. stock market opened on October 28, Beijing time. This corresponds to the operating conditions during the peak summer season from June 2025 to August 2025 in the calendar year. A month before the earnings report, the company had already hinted at three marginal positives: 1) shareholder returns might increase; 2) the deterioration in the study abroad business was not as severe as the market expected, leading to a revenue growth rate of 5%, slightly exceeding the guidance (growth rate of 2-5%); 3) competition faced by K9 in some cities has eased, and growth is expected to pick up starting next quarter...

Focus on profitability rather than revenue.

$New Oriental EDU & Tech(EDU.US) released its Q4 FY2025 earnings before the U.S. market opened on July 30th, Beijing time, corresponding to the off-season operating conditions from March 2025 to May 2025. This earnings review remains focused on the education business, with a key emphasis on guidance, including expectations for the full year 2026. Specifically, the outlook for the study abroad business is of utmost importance, followed by trends in the prosperity of new businesses. Beyond business, attention is also on changes in shareholder returns. Specifically: 1. Another "bomb" in guidance: Given the turbulent environment...

Below is the earnings call $New Oriental EDU & Tech(EDU.US) FY25 Q1 Minutes. For the Quick Interpretation of the earnings report, please refer to《New Oriental: Just Out of the "Breakup Pit" and Hit by the "Tariff Hammer", Can Non-Academic Training Hold the Fort?》1. Key Earnings Highlights 1. Revenue: Total net profit decreased by 2% YoY. Excluding the core education revenue generated by the Oriental Selection business, it increased by 21.2% YoY. 2. Operating Margin: Operating margin was 12.1%, and Non-GAAP operating margin (excluding the Non-GAAP operating profit generated by the Oriental Selection business) was 13.3%...

$New Oriental EDU & Tech(EDU.US) On April 23rd, Beijing time, the company released its performance for the third quarter of the fiscal year 2025 before the U.S. stock market opened, corresponding to the operational situation during the peak winter vacation season from December 2024 to February 2025. This performance review still focuses on the education business, with the emphasis on guidance. In particular, under the geopolitical risks triggered by tariffs, the growth prospects of the study abroad business have become more uncertain. Specifically: 1. The guidance is poor, and some pricing is most concerned about the guidance, but the guidance is the most "disappointing." Compared to the company's adjusted expectations at the end of March, the Q3 performance basically meets expectations...

The following is the summary of the 2Q25FY earnings conference call for $New Oriental EDU & Tech(EDU.US). For financial report commentary, please refer to "Another Explosion! Can New Oriental still be 'chickened' up by parents?" 1. Core Information This quarter, New Oriental's financial performance exceeded expectations, with new businesses driving revenue growth. Revenue increased by 19.4% year-on-year, and total net revenue, excluding EastBuy's own brand products and live streaming business, increased by 31.3% year-on-year. The core education business is profitable, and management is confident about future development, aiming to balance revenue and profit growth, advance business, and adjust operations in accordance with policy changes...