Education Group (TAL) (ADR)
Provides learning services and learning-content solutions across China and overseas markets.
Something off on this page? Send us feedback.
Profile
Provides learning services for learners, teachers, and learning institutions alongside learning-content solutions for learners and parents. Its post-2021 business includes enrichment products, enterprise suites, and overseas expansion.
Learning services support learners, teachers, and learning institutions, while learning-content solutions serve learners and parents. The offering has expanded to enrichment learning products and enterprise product suites, extending beyond the group's original tutoring roots.
Operations are concentrated in China, with overseas-market expansion also part of the current business frame. Mainland China K–9 academic after-school tutoring ceased at the end of 2021 after regulations reshaped compulsory-education tutoring.
The NYSE-listed Cayman holding company connects to PRC operating businesses through a VIE structure. Its business is shaped by Chinese education policy and the constraints on listed-company and foreign-capital participation in compulsory-education curriculum tutoring.
Company facts
Categories
Key statistics
Year to date +3.9% · Average volume (30d) 4.8M
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Target |
|---|---|---|---|---|---|
| Jul 31, 2026 | Jefferies | Initiate | Hold | ||
| Jul 31, 2026 | New Street | Target | $13.60 | ||
| Jan 30, 2026 | Macquarie | Target | $18 | ||
| Jun 27, 2025 | Citigroup | Downgrade | Buy | Neutral | |
| Apr 25, 2025 | Macquarie | Downgrade | Outperform | Neutral |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 30, 2026Q1 FY27 | $0.16 | $0.75 | +368.7% | $719.4M | $758.4M | +5.4% | +13.31% |
| Apr 23, 2026Q4 FY26 | $0.14 | $0.45 | +211.0% | $784.9M | $802.4M | +2.2% | +3.02% |
| Jan 29, 2026Q3 FY26 | $0.08 | $0.25 | +224.5% | $772.5M | $770.2M | −0.3% | 0.00% |
| Oct 30, 2025Q2 FY26 | $0.16 | $0.24 | +49.3% | $828.7M | $861.4M | +3.9% | −5.03% |
Financial highlights
| 12 quarters | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | |
|---|---|---|---|---|---|---|---|
| Revenue | $610.2M | $575.0M | $861.4M | $770.2M | $808.0M | $758.4M | |
| Gross profit | $317.6M | $315.4M | $491.0M | $431.8M | $430.2M | $438.2M | |
| Operating income | −$16.0M | $14.3M | $96.1M | $93.1M | $73.0M | $137.2M | |
| Net income | −$7.3M | $31.3M | $124.1M | $130.6M | $246.5M | $408.0M | |
| Diluted EPS | −$0.11 | $0.15 | $0.66 | $0.69 | $1.32 | $2.19 | |
| Gross margin | 52.0% | 54.9% | 57.0% | 56.1% | 53.2% | 57.8% | |
| Operating margin | -2.6% | 2.5% | 11.2% | 12.1% | 9.0% | 18.1% |
Fiscal years (4-quarter sums)FY22 $4.40B · FY23 $1.02B · FY24 $1.49B · FY25 $2.25B · FY26 $3.01B
Balance sheet, May 31, 2026Cash & short-term investments $2.87B · Total debt $405.5M · Total assets $6.77B · Shareholders' equity $4.08B
Dividends
No dividends on record.
Ownership
Shares outstanding — · Float —
Shares outstanding and float — provider count disagrees with the price.
Insiders — filings are in the shares behind the receipt.
The provider's share count does not square with the market price, so neither it nor anything divided by it is shown.
This listing is a depositary receipt and the Form 4 positions here are filed in the shares behind it, a different unit from the share count and in a ratio the filings never state, so no insider percentage is shown.
The institutional figure is the one the filers report, not a quotient recomputed on the share count.
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 23.14M | 13F | Aug 7, 2026 | |
| UBS Asset Management Americas Inc | 20.71M | 13F | Aug 13, 2026 | |
| Krane Funds Advisors LLC | 17.32M | 13F | Aug 14, 2026 | |
| Robeco Institutional Asset Management B.V. | 14.74M | 13F | Jul 21, 2026 | |
| Morgan Stanley | 13.40M | 13F | Aug 13, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 3, 2026 | Alex Zhuangzhuang Peng | officer: See Remarks | −30,000 | $12.28 |
| Apr 27, 2026 | Alex Zhuangzhuang Peng | officer: See Remarks | −80,000 | $10.86 |
Peers
- New Oriental (ADR)
Overlaps in non-academic learning, test prep, and learning devices
- Gaotu Techedu (ADR)
Overlaps in learning services and digital learning products
- Youdao (ADR)
Overlaps in AI-powered learning services and smart devices
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Education Group (TAL) (ADR) | $11.91 | −0.25% | $7.27B | 2.5 | 13.4 | 2.3 | +31.5% |
| New Oriental (ADR) | $58.83 | +0.07% | $9.29B | 19.8 | 15.2 | 1.6 | +23.0% |
| Gaotu Techedu (ADR) | $1.87 | −0.80% | $682.0M | — | — | 0.7 | −81.2% |
| Youdao (ADR) | $16.65 | −0.60% | $1.97B | 84.1 | 56.8 | 2.2 | +9.2% |
| Median | 51.9 | 36.0 | 1.6 | +9.2% |





