New Oriental Reports Strong Q3 Results, Raises Full-Year Revenue Guidance, and Updates Share Repurchase Progress

summarizeSummary

New Oriental reported strong Q3 fiscal year 2026 results with significant revenue and profit growth, raised its full-year revenue guidance, and provided an update on its ongoing share repurchase program.

check_boxKey Events

• Strong Q3 Financial Performance

  Total net revenues increased by 19.8% year over year to US$1,417.3 million. Operating income surged by 44.8% to US$180.3 million, and net income attributable to New Oriental rose by 45.3% to US$126.8 million for the third fiscal quarter ended February 28, 2026.

• Raised Full-Year Revenue Guidance

  The company raised its full-year fiscal year 2026 revenue guidance to a range of US$5,561.4 million to US$5,598.7 million, representing a year-over-year increase of 13% to 14%. This follows an expected Q4 revenue range of US$1,429.6 million to US$1,466.9 million.

• Significant Share Repurchase Activity

  As of April 21, 2026, New Oriental had repurchased approximately 3.3 million ADSs for an aggregate consideration of US$184.3 million under its US$300 million share repurchase program announced in October 2025.

• Dividend Payment Approved

  The board approved the payment of the second installment of an ordinary dividend of US$0.06 per common share, or US$0.6 per ADS, with a record date of May 15, 2026.

auto_awesomeAnalysis

New Oriental Education & Technology Group Inc. delivered robust third-quarter results, showcasing significant year-over-year growth in key financial metrics. The company's decision to raise its full-year revenue guidance signals increased management confidence in its business trajectory and operational efficiency. Furthermore, the substantial progress on the share repurchase program underscores a commitment to enhancing shareholder value. These combined factors present a strong positive outlook for investors, indicating healthy business momentum and proactive capital management.