TAL Education (TAL.US) Q1 revenue increased by 31.9% year-on-year; net profit surged by 1204.3% year-on-year
On Thursday, TAL Education Group released its unaudited financial results for the first quarter of fiscal year 2027.
According to Jinse Finance APP, on Thursday, TAL Education Group (TAL.US) announced its unaudited financial results for the first quarter of fiscal year 2027. The data shows that the company’s Q1 revenue reached $758.4 million, an increase of 31.9% compared to the same period last year. Net profit attributable to TAL Education Group was $408 million, while net profit attributable to TAL Education Group for the same period last year was $31.3 million, a year-on-year increase of 1204.3%. Under Non-GAAP standards, basic and diluted earnings per ADS were $0.76 and $0.75 respectively, compared to $0.07 for the same period last year.
Operating profit was $137.2 million, compared to $14.3 million for the same period last year. Under Non-GAAP standards, operating profit was $148.7 million, compared to $25.1 million for the same period last year.
As of May 31, 2026, the company held a total of $2.8745 billion in cash, cash equivalents and short-term investments, compared to $3.2393 billion as of February 28, 2026.
After the earnings release, as of press time, TAL Education Group’s pre-market US stock price had surged by about 12%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Chile’s copper output rises in June, manufacturing production down
Egrag Crypto to XRP Holders: The Macro Retest Is Here. What It Means for Next Rally?
Altisource Portfolio director Matthew T. Winkler buys $8,625.50 in common shares
Taco Bell's Momentum Likely Undaunted by Cyclospora Concerns -- Market Talk
