<span item_type="fundamental" item_id="32a4ff8b4313a9e027d4bf5577cd738b" counter_id="ST/US/AMBO" env="prod"></span><span item_type="announcement" item_id="647285721334224385" env="prod"></span><p>Revenue: As of FY2026 Q1, the actual value is USD 2.799 M.</p><p>EPS: As of FY2026 Q1, the actual value is USD 0.15.</p><p>EBIT: As of FY2026 Q1, the actual value is USD 426 K.</p><p></p><h3>First Quarter 2026 Financial and Operational Highlights</h3><h4>Revenue</h4><p>Ambow Education Holding Ltd. reported total net revenues of $2.8 million for the first quarter of 2026, marking a 21.0% increase from $2.3 million in the same period of 2025. In thousands, total net revenues were $2,799 for Q1 2026, up from $2,314 for Q1 2025. Revenue from the Educational Program and Services segment was $2,080 thousand in Q1 2026, compared to $1,990 thousand in Q1 2025. HybriU Licensing and Sales revenue more than doubled year-over-year, reaching $719 thousand in Q1 2026, up from $324 thousand in Q1 2025. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1494558/000121390026054462/ea028915501ex99-1.htm"></span></p><h4>Gross Profit</h4><p>Gross profit increased by 26.2% to $1.7 million for the first quarter of 2026, up from $1.3 million in the same period of 2025. In thousands, gross profit was $1,686 for Q1 2026, compared to $1,336 for Q1 2025. The gross profit margin expanded to 60.2% for the first quarter of 2026, compared with 57.7% for the first quarter of 2025. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1494558/000121390026054462/ea028915501ex99-1.htm"></span></p><h4>Operating Expenses</h4><p>Total operating expenses remained essentially stable at $1.2 million, or $1,244 thousand, for the first quarter of 2026, compared with $1,198 thousand in the same period of 2025. Selling and marketing expenses were - $288 thousand in Q1 2026, compared to - $226 thousand in Q1 2025. General and administrative expenses were - $800 thousand in Q1 2026, compared to - $871 thousand in Q1 2025. Research and development expenses were - $156 thousand in Q1 2026, compared to - $101 thousand in Q1 2025. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1494558/000121390026054462/ea028915501ex99-1.htm"></span></p><h4>Operating Income</h4><p>Operating income more than tripled, reaching $0.4 million, or $442 thousand, for the first quarter of 2026, compared with $0.1 million, or $138 thousand, for the same period of 2025. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1494558/000121390026054462/ea028915501ex99-1.htm"></span></p><h4>Net Income</h4><p>Net income attributable to ordinary shareholders for the first quarter of 2026 was $0.4 million, or $424 thousand, compared with $0.1 million, or $109 thousand, for the same period of 2025. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1494558/000121390026054462/ea028915501ex99-1.htm"></span></p><h4>Cash Resources</h4><p>As of March 31, 2026, Ambow Education Holding Ltd. maintained cash resources totaling $6.9 million, which included cash and cash equivalents of $4.2 million and restricted cash of $2.7 million. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1494558/000121390026054462/ea028915501ex99-1.htm"></span></p><h4>Outlook</h4><p>Ambow Education Holding Ltd. is positioned to continue investing in its product roadmap while maintaining financial discipline. This strategy is driven by growing momentum across both its education and HybriU businesses. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1494558/000121390026054462/ea028915501ex99-1.htm"></span></p>

Ambow Edu | 8-K: FY2026 Q1 Revenue: USD 2.799 M