Cost of revenue · 2011–2025

New Oriental Education & Technology cost of revenue

$2.6B+17.6% · FY2025

New Oriental Education & Technology (EDU) reported $2.6B in cost of revenue for fiscal 2025, +17.6% year on year.

$293M2011$384M2012$452M2013$526M2014$614M2015$750M2016$1.1B2017$1.4B2018$1.6B2019$2.0B2020$1.8B2021$1.4B2022$2.1B2023$2.2B2024$2.6B2025
New Oriental Education & Technology — Cost of revenue, 2011–2025
Fiscal yearCost of revenueChangeFiling
FY20252026-05-31$2.6B+17.6%Open →
FY20242025-05-31$2.2B+6.5%Open →
FY20232024-05-31$2.1B+45.5%Open →
FY20222023-05-31$1.4B−19.7%Open →
FY20212022-05-31$1.8B−13.9%Open →
FY20202021-05-31$2.0B+28.2%Open →
FY20192020-05-31$1.6B+15.4%Open →
FY20182019-05-31$1.4B+29.1%Open →
FY20172018-05-31$1.1B+42.2%Open →
FY20162017-05-31$750M+22.0%Open →
FY20152016-05-31$614M+16.7%Open →
FY20142015-05-31$526M+16.5%Open →
FY20132014-05-31$452M+17.6%Open →
FY20122013-05-31$384M+31.1%Open →
FY20112012-05-31$293M—Open →

Cost of revenue — Cost of revenue is the direct cost of producing what the company sold — materials, manufacturing and the labour tied to delivery. It excludes sales, marketing and administration. Revenue minus this figure is gross profit.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2011–2025 compound annual growth +16.8%

Cost of revenue at companies of similar size

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=New Oriental Education & Technology cost of revenue |url=https://companiesranked.com/en/company/new-oriental-education-and-technology/cost-of-revenue |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). New Oriental Education & Technology cost of revenue. CompaniesRanked. https://companiesranked.com/en/company/new-oriental-education-and-technology/cost-of-revenue

BibTeX

@misc{companiesranked-en-company-new-oriental-education-and-technology-cost-of-revenue-2026,
  author       = {{CompaniesRanked}},
  title        = {{New Oriental Education \& Technology cost of revenue}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/new-oriental-education-and-technology/cost-of-revenue}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 20-F · 0001193125-26-397192 · September 22, 2026

{{cite web |title=New Oriental Education & Technology cost of revenue — 20-F (0001193125-26-397192) |url=https://www.sec.gov/Archives/edgar/data/1372920/000119312526397192/d157159d20f.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-09-22}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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