"Performance" New Oriental's net profit in the second quarter is $45.5 million, an increase of 42.3%

New Oriental-S (09901.HK) announced its second-quarter results for the period ending November 2025, with net revenue of USD 1.191 billion, an increase of 14.7% year-on-year, mainly driven by new educational businesses. It recorded a net profit of USD 45.5 million, a growth of 42.3%. Non-GAAP operating profit was USD 89.1 million, up 206.9%; Non-GAAP net profit was USD 72.9 million, up 68.6%.

New Oriental's Executive Chairman Yu Minhong stated that revenue growth accelerated to 14.7% in the second quarter of fiscal year 2026. Revenue from overseas exam preparation business grew by approximately 4.1%; at the same time, domestic exam preparation business for adults and college students recorded about 12.8% growth, while new educational businesses achieved a growth of 21.6%.

New Oriental's Executive President and Chief Financial Officer Yang Zhihui pointed out that despite the acceleration in revenue growth, there was still a significant improvement in Non-GAAP operating profit margin, thanks to optimized operational efficiency and increased resource utilization in the educational business. This quarter's Non-GAAP operating profit margin reached 7.5%, an increase of 470 basis points compared to the same period last year