TAL Education Group
NYSE:TAL

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TAL Education Group
NYSE:TAL
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Price: 11.32 USD -1.39%
Market Cap: 6.8B USD

TAL Education Group
Investor Relations

TAL Education Group, founded in 2003 and headquartered in Beijing, has experienced a dynamic journey from its humble beginnings to becoming one of the most recognized names in China’s education sector. Established by Zhang Bangxin, TAL initially emerged with the mission to provide supplementary education services to K-12 students. The company quickly capitalized on the heightened demand among Chinese families for additional academic support, driven by the significant pressure on students to excel in exams. TAL’s core offerings include small-class tutoring, personalized premium services, and online educational content, tailored to cater to the diverse needs of its student base. With a robust framework that combines innovative teaching methods and technology, TAL aimed to enhance student engagement and learning outcomes.

The company's revenue model is primarily anchored in tuition fees collected from these various educational programs, supported by its extensive network of learning centers across China. Over the years, TAL has adeptly leveraged digital transformation trends by expanding its online platforms to reach a broader audience, a pivot that proved particularly prescient during times when physical attendance was restricted. As China's regulatory landscape continues to evolve, TAL has faced challenges that prompted strategic adjustments, such as diversifying its offerings and focusing on quality, innovation, and compliance. Through a blend of adaptive strategies and a keen understanding of the Chinese education market, TAL Education Group has maintained its relevance and continues to navigate the complexities of operating in a highly competitive and regulated environment.

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Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Oct 30, 2025
AI Summary
Q2 2026

Strong Revenue Growth: TAL posted net revenue of $861.4 million for the quarter, up 39.1% year-over-year, reflecting strength in both offline and online learning businesses.

Margin Improvement: Gross margin rose to 57.0% from 56.3% last year, with gross profit up 40.8% year-over-year.

Profitability Up: Net income attributable to TAL more than doubled to $124.1 million from $57.4 million a year ago.

Learning Device Momentum: Learning devices saw year-over-year and sequential revenue and sales volume growth, but average selling price declined due to product mix shifts.

Investment Focus: Management emphasized continued investment in content, technology, and new products, prioritizing long-term growth over short-term margins.

Share Repurchase: TAL launched a new $600 million share repurchase plan, buying back 4.2 million shares for $134.7 million between July and October 2025.

Seasonal Outlook: Q3 is not a peak season; management expects financial fluctuations and gradual revenue growth tapering in core businesses.

Key Financials
Revenue
$861.4 million
Gross Profit
$491.0 million
Gross Margin
57.0%
Selling and Marketing Expenses
$267.3 million
General and Administrative Expenses
$129.1 million
Income from Operations
$96.1 million
Net Income Attributable to TAL
$124.1 million
Cash and Cash Equivalents
$1,542.2 million
Short-Term Investments
$1,706.6 million
Restricted Cash
$239.2 million
Deferred Revenue
$822.7 million
Net Cash Used in Operating Activities
$58.1 million
Share Repurchase
4.2 million shares for $134.7 million
Earnings Call Recording
Other Earnings Calls

Management

Mr. Bangxin Zhang
Co-Founder, Chairman & CEO
No Bio Available
Dr. Zhuangzhuang Peng
President & CFO
No Bio Available
Dr. Yachao Liu
COO & Director
No Bio Available
Mr. Mi Tian
Chief Technology Officer
No Bio Available
Mr. Jackson Ding
Investor Relations Director
No Bio Available

Contacts

Address
BEIJING
Beijing
5/F, Tower B, Heying Center,, Xiaoying West Street, Haidian District
Contacts
+861052926658.0
en.100tal.com