v3.26.3
Consolidated Statements of Changes in Equity - USD ($)
$ in Thousands
Total
Common Shares [Member]
Additional Paid-in Capital [Member]
Treasury Stock [Member]
Accumulated other comprehensive (loss)/income [Member]
Statutory Reserves [Member]
Retained Earnings [Member]
Total New Oriental Education & Technology Group Inc. Shareholders' Equity [Member]
Non-controlling Interests [Member]
Balance at May. 31, 2023 $ 3,814,788 $ 1,703 $ 1,939,585 $ (59) $ (27,404) $ 464,662 $ 1,225,861 $ 3,604,348 $ 210,440
Balance, shares at May. 31, 2023   1,643,162,653              
Share repurchase (62,943)   (62,935) (8)       (62,943)  
Share repurchase, (shares)   (7,839,430)              
Vested NES     (12) 12          
Vested NES, (shares)   12,191,640              
Share-based compensation expenses 122,458   50,672         50,672 71,786
Transfer to statutory reserves           21,091 (21,091)    
Net income 325,218           309,591 309,591 15,627
Foreign currency translation adjustment (51,130)       (49,534)     (49,534) (1,596)
Unrealized gain (loss) on available-for-sale investments, net of tax effect of US$6,191, US$1,418 and US$50 (18,843)       (18,843)     (18,843)  
Purchase of non-controlling interests (Note 2) (84,465)   (57,357)         (57,357) (27,108)
Exercise of share options in East Buy 3,931               3,931
Balance at May. 31, 2024 4,049,014 $ 1,703 1,869,953 (55) (95,781) 485,753 1,514,361 3,775,934 273,080
Balance, shares at May. 31, 2024   1,647,514,863              
Share repurchase (445,495)   (445,417) $ (78)       (445,495)  
Share repurchase, (shares) [1]   (78,117,530)   78,117,530          
Vested NES     (11) $ 11          
Vested NES, (shares)   10,891,280              
Share-based compensation expenses 59,933   48,129         48,129 11,804
Transfer to statutory reserves           17,164 (17,164)    
Dividends (98,197)           (98,197) (98,197)  
Net income 375,833           371,716 371,716 4,117
Foreign currency translation adjustment 19,492       19,418     19,418 74
Unrealized gain (loss) on available-for-sale investments, net of tax effect of US$6,191, US$1,418 and US$50 (4,252)       (4,252)     (4,252)  
Purchase of non-controlling interests (Note 2) (15,546)   (5,380)         (5,380) (10,166)
Exercise of share options in East Buy 12,950               12,950
Balance at May. 31, 2025 3,953,732 $ 1,703 1,467,274 (122) (80,615) 502,917 1,770,716 3,661,873 291,859
Balance, shares at May. 31, 2025   1,580,288,613              
Share repurchase (230,890)   (230,848) $ (42)       (230,890)  
Share repurchase, (shares) [2]   (42,388,690)   42,388,690          
Cancellation of treasury stock   $ 2   $ 2          
Vested NES     (11) 11          
Vested NES, (shares)   11,168,860              
Share-based compensation expenses 88,466   78,925         78,925 9,541
Transfer to statutory reserves           28,336 (28,336)    
Dividends (189,774)           (188,595) (188,595) (1,179)
Net income 516,661           475,172 475,172 41,489
Foreign currency translation adjustment 202,107       190,366     190,366 11,741
Unrealized gain (loss) on available-for-sale investments, net of tax effect of US$6,191, US$1,418 and US$50 3,170       3,170     3,170  
Purchase of non-controlling interests (Note 2) (24,742)   (3,698)         (3,698) (21,044)
Exercise of share options in East Buy 5,686               5,686
Balance at May. 31, 2026 $ 4,324,416 $ 1,701 $ 1,311,642 $ (151) $ 112,921 $ 531,253 $ 2,028,957 $ 3,986,323 $ 338,093
Balance, shares at May. 31, 2026   1,549,068,783              
[1] As amended, on August 6, 2024, the Company’s board of directors authorized the repurchase of up to US$700 million of the Company’s common shares through May 31, 2025. During the year ended May 31, 2025, the Company repurchased 7,811,753 ADS on the open market for total consideration of US$445,495. As of May 31, 2025, the Company had repurchased an aggregate of 14,542,010 ADSs for US$700 million from the open market before the Share Repurchase Program expired. The Group accounts for repurchased common shares under the par value method and includes such treasury stock as a component of the shareholders’ equity.
[2] On October 27, 2025, a share repurchase program was approved by the Board of Director, under which the Company may repurchase up to an aggregate of US$300 million of its common shares and/or ADS through May 31, 2026. During the year ended May 31, 2025, the Company repurchased 3,719,979 ADS and 5,188,900 common shares on the open market for total consideration of US$230.9 million. The Group accounts for repurchased common shares under the par value method and includes such treasury stock as a component of the shareholders’ equity.