TAL Education Group Q1 Fiscal 2026 Financial Results
SEC Filing 6-K (0001104659-25-072676)
TAL Education Group (NYSE: TAL) announced its unaudited financial results for the first quarter of fiscal year 2026, ended May 31, 2025. The company reported net revenues of $575.0 million, a 38.8% increase from $414.2 million in the same period last year. Income from operations was $14.3 million, compared to a loss of $17.3 million in the prior year. Non-GAAP income from operations, excluding share-based compensation expenses, was $25.1 million, up from $0.9 million in the previous year. Net income attributable to TAL was $31.3 million, compared to $11.4 million in the same period last year. Non-GAAP net income attributable to TAL, excluding share-based compensation expenses, was $42.0 million, up from $29.6 million in the prior year. Basic and diluted net income per ADS were both $0.05, while non-GAAP basic and diluted net income per ADS were both $0.07. The company's cash, cash equivalents, and short-term investments totaled $3,472.8 million as of May 31, 2025.