TAL Education Q4 Revenues Surge 31.5% to US$802.4M, FY Net Income at US$530.8M
TAL Education Group posted Q4 net revenues of US$802.4 million, up 31.5% year-over-year, delivering US$72.5 million in operating income versus a US$16 million loss, and non-GAAP operating income of US$82.2 million. For fiscal 2026, revenues reached US$3.009 billion, up 33.7%, net income jumped to US$530.8 million, and cash totaled US$3.239 billion.
1. Strong Q4 Financial Turnaround
In the fourth quarter ended February 28, 2026, TAL Education Group delivered net revenues of US$802.4 million, a 31.5% increase from the prior year. The company swung to US$72.5 million in GAAP operating income from a US$16.0 million loss, with non-GAAP operating income of US$82.2 million and net income of US$244.8 million.
2. Full-Year 2026 Performance Highlights
For fiscal 2026, net revenues climbed 33.7% to US$3.0089 billion, reversing last year’s loss with US$276.0 million in operating income. Net income attributable to TAL surged to US$530.8 million, up from US$84.6 million, while non-GAAP net income reached US$573.8 million, yielding basic EPS of US$0.93.
3. Cash Position and Outlook
As of February 28, 2026, cash, cash equivalents and short-term investments totaled US$3.2393 billion, down from US$3.6184 billion a year earlier. Management plans to leverage strong cash reserves to drive quality growth and enhance operational efficiency in fiscal 2027.