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
Period Ending	Nov 30, 2025	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022
Net Income	-	375.83	325.22	235.36	-1,220
Depreciation & Amortization	-	145.89	106.82	122.7	194.43
Stock-Based Compensation	-	59.93	122.46	89.79	132.97
Other Adjustments	-	64.23	49.27	-14.72	766.39
Change in Receivables	-	-16.95	3.34	-3.87	-8.11
Changes in Inventories	-	12.43	-41.21	-21.9	1.82
Changes in Accounts Payable	-	-23	37.79	44.05	-15.12
Changes in Accrued Expenses	-	57.45	160.04	83.39	-315.83
Changes in Income Taxes Payable	-	34.7	21.72	41.65	2.18
Changes in Unearned Revenue	-	163.82	468.2	469.34	-925.05
Changes in Other Operating Activities	-	22.26	-131	-74.79	106.15
Operating Cash Flow	915.87	896.59	1,123	971.01	-1,280
Operating Cash Flow Growth	-6.81%	-20.14%	15.62%	-	-
Capital Expenditures	-	-241.94	-249.39	-143.05	-150.74
Sale of Property, Plant & Equipment	-	0.26	0.42	1.32	5.39
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
Proceeds from Sale of Investments	-	4,510	2,816	3,429	2,361
Payments for Business Acquisitions	-	-	-	0.89	-
Other Investing Activities	-	-16.9	-1.39	-2.39	-68.63
Investing Cash Flow	-182.69	-93.43	-1,154	-37.41	1,169
Long-Term Debt Repaid	-	-	-0.24	-48.76	-222
Net Long-Term Debt Issued (Repaid)	-	-	-0.24	-48.76	-222
Issuance of Common Stock	-	12.95	3.93	12.88	0.18
Repurchase of Common Stock	-	-445.5	-62.94	-191.63	-
Net Common Stock Issued (Repurchased)	-	-432.55	-59.01	-178.75	0.18
Common Dividends Paid	-	-98.2	-	-	-
Other Financing Activities	-	-54.23	-101.19	-19.35	-9.04
Financing Cash Flow	-282.5	-584.97	-160.44	-246.87	-230.86
Effect of Exchange Rate Changes on Cash and Cash Equivalents	36.39	9.84	-24.61	-75.83	-94.82
Net Cash Flow	487.07	228.03	-216.32	610.9	-437.6
Free Cash Flow	915.87	654.65	873.25	827.96	-1,431
Free Cash Flow Growth	39.90%	-25.03%	5.47%	-	-
FCF Margin	17.82%	13.36%	20.24%	27.62%	-46.09%
Free Cash Flow Per Share	5.70	4.01	5.23	4.91	-8.44
Levered Free Cash Flow	380.53	543.33	682.31	649.98	-2,512
Unlevered Free Cash Flow	347.11	444.76	599.6	642.5	-2,212

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

SEC Filings: 10-K · 10-Q