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TAL Education Group (TAL) investor relations material
TAL Education Group Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Net revenues rose 38.8% year-over-year to $575 million, driven by growth in learning services and AI-powered devices.
Achieved strong year-over-year revenue growth in both learning services and content solutions, with disciplined expansion and focus on product quality and user experience.
Expanded Peiyou learning center network in established cities and launched three new AI-powered learning device models (P4, S4, T4) to broaden user reach.
Continued investment in AI and technology to enhance personalized learning and operational efficiency.
Income from operations reached $14.3 million, reversing a $17.3 million loss from the prior year.
Financial highlights
Gross profit increased 47.3% to $315.4 million, and gross margin rose to 54.9% from 51.7% year-over-year.
Non-GAAP income from operations was $25.1 million, with net income attributable to shareholders at $42 million.
Net income attributable to shareholders increased to $31.3 million from $11.4 million year-over-year.
Net cash from operating activities was $347.8 million; cash, equivalents, and short-term investments totaled $3,472.8 million as of May 31, 2025.
Operating costs and expenses rose 29.9% to $561.5 million; selling and marketing expenses increased 47.7% to $180.8 million.
Outlook and guidance
Q2 expected to benefit from seasonal demand and ecommerce festivals, with anticipated improvement in non-GAAP operating profit.
Focus remains on product and service quality, innovation, and adapting to advances in AI and technology.
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