TAL Education Group Financial Statements
NYSE: TALReal EstateOther Consumer ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
TAL Education Group revenue and earnings
In fiscal 2026, TAL Education Group generated $3.01 billion in revenue, up 33.7% from fiscal 2025, its 3rd consecutive year of revenue growth. Net income was $530.8 million (+527.4% year over year), for a net margin of 17.6% versus a median of -2.6% in the prior 5 years. Gross margin was 55.4% (up from 53.3%) and operating margin 9.2%.
Diluted earnings per share came in at $2.75, up from $0.41. Over the last 5 fiscal years, TAL's revenue has grown at a -7.7% compound annual rate (a contraction).
Summary generated from market data by MetaCap's automated system. Methodology
TAL Education Group income statement (annual)
| Fiscal year (USD) | FY 20262026-02-28 | FY 20252025-02-28 | FY 20242024-02-29 | FY 20232023-02-28 | FY 20222022-02-28 | FY 20212021-02-28 | FY 20202020-02-29 | FY 20192019-02-28 | FY 20182018-02-28 | FY 20172017-02-28 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.01B | 2.25B | 1.49B | 1.02B | 4.39B | 4.50B | 3.27B | 2.56B | 1.72B | 1.04B |
| Revenue growth (YoY) | +33.72% | +50.98% | +46.15% | -76.78% | -2.33% | +37.35% | +27.71% | +49.44% | +64.42% | +68.26% |
| Cost of Revenue | 1.34B | 1.05B | 684.32M | 436.36M | 2.20B | 2.05B | 1.47B | 1.16B | 882.32M | 522.33M |
| Gross Profit | 1.67B | 1.20B | 806.12M | 583.41M | 2.19B | 2.45B | 1.80B | 1.40B | 832.70M | 520.77M |
| Operating Expenses | 1.39B | 1.20B | 875.35M | 696.83M | 2.82B | 2.90B | 1.68B | 1.06B | 628.75M | 389.29M |
| Selling, General & Admin | 1.39B | 1.20B | 875.35M | 696.83M | 2.32B | 2.80B | 1.65B | 1.06B | 628.39M | 389.29M |
| Operating Income | 276.04M | -3.15M | -69.23M | -90.73M | -614.52M | -438.22M | 137.44M | 341.58M | 208.60M | 134.59M |
| Interest Expense | — | — | — | — | 7.87M | 16.95M | 11.82M | 17.63M | 16.64M | 13.14M |
| Other Income (Expense) | 390.15M | 64.72M | 48.77M | -82.42M | 16.95M | 141.84M | -95.30M | 131.73M | 17.41M | 23.07M |
| Pretax Income | 685.41M | 132.11M | 17.48M | -109.72M | -778.13M | -224.62M | -50.65M | 457.20M | 246.99M | 154.58M |
| Income Tax | 154.42M | 38.32M | 15.38M | 20.01M | 396.99M | -69.90M | 69.33M | 76.50M | 44.65M | 34.07M |
| Net Income | 530.75M | 84.59M | -3.57M | -135.61M | -1.14B | -115.99M | -110.19M | 367.24M | 198.44M | 116.88M |
| Net Income growth (YoY) | +527.43% | — | — | — | — | — | -130.01% | +85.06% | +69.78% | +13.61% |
| EPS (Basic) | 2.79 | 0.42 | -0.02 | -0.64 | -5.29 | -0.57 | -0.56 | 1.93 | 1.13 | 0.72 |
| EPS (Diluted) | 2.75 | 0.41 | -0.02 | -0.64 | -5.29 | -0.57 | -0.56 | 1.83 | 1.03 | 0.66 |
| Shares Outstanding (Basic) | 190.42M | 201.96M | 203.30M | 212.58M | 214.83M | 203.60M | 198.18M | 189.95M | 174.98M | 162.55M |
| Shares Outstanding (Diluted) | 192.93M | 205.22M | 203.30M | 212.58M | 214.83M | 203.60M | 198.18M | 200.22M | 194.33M | 188.51M |
| EBITDA | 344.65M | 42.62M | -45.48M | -55.44M | -443.16M | -301.26M | 236.95M | 418.25M | 259.51M | 163.53M |
| Gross Margin | 55.35% | 53.34% | 54.09% | 57.21% | 49.82% | 54.43% | 55.14% | 54.57% | 48.55% | 49.93% |
| Operating Margin | 9.17% | -14.00% | -4.64% | -8.90% | -14.00% | -9.75% | 4.20% | 13.33% | 12.16% | 12.90% |
| Net Margin | 17.64% | 3.76% | -24.00% | -13.30% | -25.87% | -2.58% | -3.37% | 14.33% | 11.57% | 11.21% |
This table shows 10 annual periods of TAL Education Group's income statement, from FY 2026 back to FY 2017, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow TAL's reporting calendar. What is a income statement?