v3.26.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Feb. 28, 2026
Feb. 28, 2025
Feb. 29, 2024
Net revenues      
Total net revenues $ 3,008,908 $ 2,250,233 $ 1,490,440
Cost of revenues (1,343,430) (1,049,975) (684,316)
Gross profit 1,665,478 1,200,258 806,124
Operating expenses      
Selling and marketing (889,053) (748,750) (461,851)
General and administrative (500,386) (454,663) (413,502)
Total operating expenses (1,389,439) (1,203,413) (875,353)
(Loss) / income from operations 276,039 (3,155) (69,229)
Interest income, net 62,030 83,482 84,928
Other income, net 390,155 64,717 48,766
Impairment loss on long-term investments (42,814) (12,933) (46,982)
Income before provision for income tax and loss from equity method investments 685,410 132,111 17,483
Income tax expenses (154,417) (38,320) (15,379)
Loss from equity method investments (855) (9,531) (6,242)
Net (loss) / income 530,138 84,260 (4,138)
Add: Net loss attributable to non-controlling interests shareholders 613 331 565
Net (loss) / income attributable to TAL Education Group's shareholders $ 530,751 $ 84,591 $ (3,573)
Net (loss) / income per common share      
Basic (in dollars per share) $ 2.79 $ 0.42 $ (0.02)
Diluted (in dollars per share) $ 2.75 $ 0.41 $ (0.02)
Weighted average shares used in calculating net (loss) / income per common share      
Basic (in shares) 190,420,468 201,963,823 203,304,744
Diluted (in shares) 192,925,293 205,222,753 203,304,744
Learning services and others      
Net revenues      
Total net revenues $ 1,946,958 $ 1,534,815 $ 1,051,783
Learning content solutions      
Net revenues      
Total net revenues $ 1,061,950 $ 715,418 $ 438,657