New Oriental Education & Technology Group Inc. (EDU)

EDU Cash Flow Statement

Financials in millions USD. Fiscal year is June - May.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2020
Period Ending	Nov 30, 2025	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022	May 31, 2020
Net Income	-	375.83	325.22	235.36	-1,220	354.86
Depreciation & Amortization	-	145.89	106.82	122.7	194.43	151
Stock-Based Compensation	-	59.93	122.46	89.79	132.97	62.06
Other Adjustments	-	64.23	49.27	-14.72	766.39	45.04
Change in Receivables	-	-16.95	3.34	-3.87	-8.11	-1.42
Changes in Inventories	-	12.43	-41.21	-21.9	1.82	-3.28
Changes in Accounts Payable	-	-23	37.79	44.05	-15.12	0.08
Changes in Accrued Expenses	-	57.45	160.04	83.39	-315.83	63.67
Changes in Income Taxes Payable	-	34.7	21.72	41.65	2.18	56.37
Changes in Unearned Revenue	-	163.82	468.2	469.34	-925.05	61.93
Changes in Other Operating Activities	-	22.26	-131	-74.79	106.15	14.15
Operating Cash Flow	915.87	896.59	1,123	971.01	-1,280	804.46
Operating Cash Flow Growth	-5.68%	-20.14%	15.62%	-	-	-0.15%
Capital Expenditures	-	-241.94	-249.39	-143.05	-150.74	-309.55
Sale of Property, Plant & Equipment	-	0.26	0.42	1.32	5.39	24.48
Purchases of Intangible Assets	-	-17.27	-34	-	-	-
Proceeds from Sale of Intangible Assets	-	-	-	2.11	4.99	-
Purchases of Investments	-	-4,328	-3,686	-3,325	-983.55	-3,306
Proceeds from Sale of Investments	-	4,515	2,816	3,429	2,361	2,327
Payments for Business Acquisitions	-	-	-	0.89	-	1.07
Proceeds from Business Divestments	-	-	-	-	-	12.88
Other Investing Activities	-	-21.52	-1.39	-2.39	-68.63	-6.42
Investing Cash Flow	-182.69	-93.43	-1,154	-37.41	1,169	-1,256
Long-Term Debt Issued	-	-	-	-	-	20
Long-Term Debt Repaid	-	-	-0.24	-48.76	-222	-
Net Long-Term Debt Issued (Repaid)	-	-	-0.24	-48.76	-222	20
Issuance of Common Stock	-	12.95	3.93	12.88	0.18	3.63
Repurchase of Common Stock	-	-445.5	-62.94	-191.63	-	-
Net Common Stock Issued (Repurchased)	-	-432.55	-59.01	-178.75	0.18	3.63
Common Dividends Paid	-	-98.2	-	-	-	-
Other Financing Activities	-	-54.23	-101.19	-19.35	-9.04	-41.49
Financing Cash Flow	-282.5	-584.97	-160.44	-246.87	-230.86	-17.86
Effect of Exchange Rate Changes on Cash and Cash Equivalents	36.39	9.84	-24.61	-75.83	-94.82	-29.03
Net Cash Flow	487.07	228.03	-216.32	610.9	-437.6	-498.8
Free Cash Flow	915.87	654.65	873.25	827.96	-1,431	494.91
Free Cash Flow Growth	39.90%	-25.03%	5.47%	-	-	-7.75%
FCF Margin	17.82%	13.36%	20.24%	27.62%	-46.09%	13.83%
Free Cash Flow Per Share	-	-	-	4.82	-8.51	3.10
Levered Free Cash Flow	380.53	543.33	682.31	649.98	-2,512	467.71
Unlevered Free Cash Flow	339.39	483.06	645.55	670.76	-2,214	323.48

Updated Jan 28, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q