TAL Education Group (TAL)

TAL Education Group Cash Flow Statement

Financials in millions USD. Fiscal year is March - February.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Feb 28, 2026	Feb 28, 2025	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022
Net Income	-	84.26	-4.14	-131.98	-1,164
Depreciation & Amortization	-	52.3	29.87	40.7	189.86
Stock-Based Compensation	-	64.94	88.9	108.57	174.83
Other Adjustments	-	-13.19	9.89	63.14	1,477
Changes in Inventories	-	-54.07	-34.85	-20.43	5.12
Changes in Accounts Payable	-	18.18	24.44	-2.93	-252.93
Changes in Accrued Expenses	-	90.25	45.94	-109.83	-402.23
Changes in Income Taxes Payable	-	-	5.07	14.43	-3.86
Changes in Unearned Revenue	-	242.95	190.93	54.14	-1,230
Changes in Other Operating Activities	-	-87.69	-49.88	-8.47	267.44
Operating Cash Flow	601.47	397.92	306.17	7.36	-939.18
Operating Cash Flow Growth	51.15%	29.97%	4061.08%	-	-
Capital Expenditures	-	-111.73	-112.74	-110.33	-246.3
Sale of Property, Plant & Equipment	-	1	2.71	19.99	26.29
Purchases of Intangible Assets	-	-0.74	-8.56	-	-0.12
Purchases of Investments	-	-2,185	-864.73	-1,876	-1,484
Proceeds from Sale of Investments	-	1,449	1,068	1,664	3,070
Payments for Business Acquisitions	-	0.08	-	-0.25	-
Other Investing Activities	-	0.24	10.15	0.78	3.75
Investing Cash Flow	-175.75	-847.03	95.07	-301.63	1,369
Short-Term Debt Issued	-	54.96	-	-	-
Short-Term Debt Repaid	-	-55.39	-	-	-270
Net Short-Term Debt Issued (Repaid)	-	-0.43	-	-	-270
Long-Term Debt Repaid	-	-	-	-	-2,300
Net Long-Term Debt Issued (Repaid)	-	-	-	-	-2,300
Issuance of Common Stock	-	0.41	0.46	0.18	1.37
Repurchase of Common Stock	-	-13.15	-233.56	-66.37	-196.28
Net Common Stock Issued (Repurchased)	-	-12.74	-233.1	-66.18	-194.9
Other Financing Activities	-	-	-	-	-1.78
Financing Cash Flow	-643.51	-13.17	-233.1	-66.18	-2,767
Effect of Exchange Rate Changes on Cash and Cash Equivalents	12.1	-3.47	-5.58	-26.43	0.95
Net Cash Flow	-205.69	-465.75	162.57	-386.88	-2,336
Free Cash Flow	601.47	286.2	193.44	-102.97	-1,185
Free Cash Flow Growth	110.16%	47.95%	-	-	-
FCF Margin	19.99%	12.72%	12.98%	-10.10%	-27.00%
Free Cash Flow Per Share	1.04	0.46	0.32	-0.16	-1.84
Levered Free Cash Flow	530.75	234.35	95.21	-278.31	-5,379
Unlevered Free Cash Flow	213.85	147.95	90.46	-249.98	-2,601

Updated Apr 23, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q