TAL Education Group (TAL) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q4'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 808.04M | 861.35M | 575M | 610.24M | 606.45M | 619.36M | 414.19M | 430.37M | 373.51M | 411.93M | 275.44M | 268.45M | 232.68M | 294.06M | 222.8M | 541.81M | 1.02B | 1.44B | 1.39B | 1.36B |
| Revenue Growth % | 32.41% | 39.07% | 38.83% | 41.8% | 62.37% | 50.36% | 50.37% | 60.32% | 60.52% | 40.08% | 23.62% | -50.45% | -77.21% | -79.63% | -83.98% | -60.26% | -8.77% | 30.87% | 52.69% | 58.62% |
| Cost of Goods Sold | 377.8M | 370.34M | 259.57M | 292.65M | 286.69M | 270.63M | 200.01M | 202.62M | 173.18M | 169.38M | 139.51M | 127.46M | 102.95M | 117.13M | 88.07M | 198.32M | 519.48M | 872.63M | 615.59M | 581.79M |
| COGS % of Revenue | 46.76% | 43% | 45.14% | 47.96% | 47.27% | 43.7% | 48.29% | 47.08% | 46.37% | 41.12% | 50.65% | 47.48% | 44.25% | 39.83% | 39.53% | 36.6% | 50.88% | 60.44% | 44.27% | 42.67% |
| Gross Profit | 430.24M | 491.01M | 315.43M | 317.59M | 319.76M | 348.73M | 214.18M | 227.75M | 200.33M | 242.55M | 135.93M | 140.99M | 129.73M | 176.93M | 134.74M | 343.49M | 501.45M | 571.25M | 774.88M | 781.7M |
| Gross Margin % | 53.24% | 57% | 54.86% | 52.04% | 52.73% | 56.3% | 51.71% | 52.92% | 53.63% | 58.88% | 49.35% | 52.52% | 55.75% | 60.17% | 60.47% | 63.4% | 49.12% | 39.56% | 55.73% | 57.33% |
| Gross Profit Growth % | 35.47% | 40.8% | 47.27% | 39.45% | 59.62% | 43.78% | 57.57% | 61.53% | 54.42% | 37.09% | 0.88% | -58.95% | -74.13% | -69.03% | -82.61% | -56.06% | -16.92% | -1.72% | 61.05% | 72.63% |
| Operating Expenses | 357.25M | 394.92M | 301.08M | 333.61M | 337.19M | 301.11M | 231.51M | 243.64M | 232.66M | 213.37M | 202.58M | 186.3M | 163.37M | 175.29M | 170.54M | 315.97M | 573.59M | 666.19M | 765.53M | 1.01B |
| OpEx % of Revenue | 44.21% | 45.85% | 52.36% | 54.67% | 55.6% | 48.62% | 55.89% | 56.61% | 62.29% | 51.8% | 73.55% | 69.4% | 70.21% | 59.61% | 76.54% | 58.32% | 56.18% | 46.14% | 55.06% | 74.05% |
| Selling, General & Admin | 357.25M | 396.39M | 301.89M | 336.16M | 337.19M | 301.4M | 232.11M | 243.64M | 232.66M | 213.37M | 202.58M | 186.3M | 163.37M | 175.29M | 170.54M | 315.97M | 573.59M | 666.19M | 765.53M | 1.01B |
| SG&A % of Revenue | 44.21% | 46.02% | 52.5% | 55.09% | 55.6% | 48.66% | 56.04% | 56.61% | 62.29% | 51.8% | 73.55% | 69.4% | 70.21% | 59.61% | 76.54% | 58.32% | 56.18% | 46.14% | 55.06% | 74.05% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | -1000K | -810K | -1000K | 0 | -292K | -601K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 72.98M | 96.1M | 14.35M | -16.02M | -17.43M | 47.62M | -17.33M | -15.9M | -32.33M | 29.18M | -66.65M | -45.31M | -33.64M | 1.64M | -35.8M | 27.51M | -72.14M | -94.94M | 9.36M | -227.95M |
| Operating Margin % | 9.03% | 11.16% | 2.5% | -2.62% | -2.87% | 7.69% | -4.18% | -3.69% | -8.66% | 7.08% | -24.2% | -16.88% | -14.46% | 0.56% | -16.07% | 5.08% | -7.07% | -6.58% | 0.67% | -16.72% |
| Operating Income Growth % | 555.72% | 101.79% | 182.78% | -0.74% | 46.08% | 63.23% | 74% | 64.92% | 3.91% | 1684.4% | -86.17% | -264.69% | 53.36% | 101.72% | -482.62% | 112.07% | 28.57% | -81.52% | -69.75% | -1698.11% |
| EBITDA | 323.6M | 175.1M | 42.28M | 6.57M | 19.44M | 82.97M | 13.59M | 13.98M | -8.7M | 27.82M | -41.71M | -4.61M | -48.86M | 3.63M | -40.37M | -79.07M | -79.74M | -526.07M | 9.36M | -66.96M |
| EBITDA Margin % | 40.05% | 20.33% | 7.35% | 1.08% | 3.21% | 13.4% | 3.28% | 3.25% | -2.33% | 6.75% | -15.14% | -1.72% | -21% | 1.23% | -18.12% | -14.59% | -7.81% | -36.43% | 0.67% | -4.91% |
| EBITDA Growth % | 4823.97% | 111.04% | 211.13% | -52.97% | 323.52% | 198.29% | 132.59% | 403.35% | 82.2% | 666.49% | -3.31% | 94.17% | 38.73% | 100.69% | -531.45% | -18.09% | 21.05% | -905.87% | -69.75% | -165.32% |
| D&A (Non-Cash Add-back) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 29.87M | 0 | 0 | 0 | 40.7M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 160.99M |
| EBIT | 323.6M | 175.1M | 42.28M | 6.57M | 19.44M | 82.97M | 13.59M | 33.9M | -8.7M | 27.82M | -41.71M | -26.09M | -48.86M | 3.63M | -40.37M | -79.07M | -79.74M | -526.07M | 9.36M | -227.95M |
| Net Interest Income | 14.92M | 14.16M | 18.72M | 19.07M | 21.49M | 20.4M | 22.52M | 20.89M | 20.08M | 20.98M | 22.98M | 20.08M | 15.98M | 12.45M | 13.06M | 18.54M | 10.93M | 32.42M | 33.43M | 27.6M |
| Interest Income | 14.92M | 14.16M | 18.72M | 19.07M | 21.49M | 20.4M | 22.52M | 20.89M | 20.08M | 20.98M | 22.98M | 20.08M | 15.98M | 12.45M | 13.06M | 18.54M | 12.75M | 35.3M | 36.6M | 35.17M |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.82M | 2.88M | 3.17M | 7.57M |
| Other Income/Expense | 250.62M | 79.01M | 27.94M | 22.59M | 36.88M | 35.35M | 30.92M | 49.79M | 23.63M | -1.36M | 24.95M | 19.22M | -15.22M | 1.99M | -4.57M | -106.58M | -9.42M | -434.01M | -87.53M | -34.77M |
| Pretax Income | 323.6M | 175.1M | 42.28M | 6.57M | 19.44M | 82.97M | 13.59M | 33.9M | -8.7M | 27.82M | -41.71M | -26.09M | -48.86M | 3.63M | -40.37M | -79.07M | -81.56M | -528.95M | -78.17M | -262.72M |
| Pretax Margin % | 40.05% | 20.33% | 7.35% | 1.08% | 3.21% | 13.4% | 3.28% | 7.88% | -2.33% | 6.75% | -15.14% | -9.72% | -21% | 1.23% | -18.12% | -14.59% | -7.99% | -36.63% | -5.62% | -19.27% |
| Income Tax | 77.49M | 51.08M | 11.08M | 13.97M | -3.58M | 25.64M | 2.29M | 6.52M | 15.37M | -10.02M | 3.52M | 10.43M | 2.76M | 4.49M | 2.3M | 29.91M | 25.56M | 310.35M | 31.33M | -80.5M |
| Effective Tax Rate % | 23.95% | 29.17% | 26.2% | 212.6% | -18.42% | 30.9% | 16.89% | 19.22% | -176.73% | -36.02% | -8.44% | -39.98% | -5.64% | 123.64% | -5.7% | -37.82% | -31.34% | -58.67% | -40.08% | 30.64% |
| Net Income | 246.51M | 124.08M | 31.28M | -7.31M | 23.07M | 57.43M | 11.4M | 27.56M | -23.95M | 37.9M | -45.04M | -39.34M | -51.58M | -787K | -43.59M | -108.25M | -99.37M | -826.55M | -102.49M | -169.1M |
| Net Margin % | 30.51% | 14.41% | 5.44% | -1.2% | 3.8% | 9.27% | 2.75% | 6.4% | -6.41% | 9.2% | -16.35% | -14.65% | -22.17% | -0.27% | -19.56% | -19.98% | -9.73% | -57.24% | -7.37% | -12.4% |
| Net Income Growth % | 3471.8% | 116.06% | 174.36% | -126.53% | 196.34% | 51.52% | 125.32% | 170.06% | 53.57% | 4916.01% | -3.33% | 63.66% | 48.09% | 99.9% | 57.47% | 35.98% | -127.87% | -5621.72% | -225.52% | -87.32% |
| Net Income (Continuing) | 246.11M | 124.03M | 31.21M | -7.4M | 23.03M | 57.34M | 11.3M | 27.38M | -24.07M | 37.83M | -45.23M | -36.52M | -51.62M | -858K | -42.67M | -108.98M | -107.12M | -839.3M | -109.5M | -182.22M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | -750.98K | -289K | -236K | -169K | -9.03M | -9.16M | -23.29M | -23.33M | -23.37M | -22.82M | -23.27M | -23.73M | -25.94M | -26.72M | -25.38M | -27.89M | -26.9M | -18.8M | 0 | 2.73M |
| EPS (Diluted) | 1.32 | 0.66 | 0.15 | -0.11 | 0.33 | 0.84 | 0.17 | 0.39 | -0.36 | 0.56 | -0.64 | -0.48 | -0.73 | -0.01 | -0.62 | -1.52 | -1.39 | -11.61 | -1.43 | -2.39 |
| EPS Growth % | 1300% | -21.43% | -11.76% | -128.21% | 191.67% | 50% | 126.56% | 181.25% | 50.68% | 5055.75% | -3.23% | 68.42% | 47.48% | 99.9% | 56.64% | 36.4% | -113.85% | -5628.57% | -223.28% | -75.74% |
| EPS (Basic) | 1.35 | 0.66 | 0.16 | -0.11 | 0.33 | 0.84 | 0.17 | 0.42 | -0.36 | 0.56 | -0.64 | -0.49 | -0.73 | -0.01 | -0.62 | -1.52 | -1.39 | -11.61 | -1.43 | -2.39 |
| Diluted Shares Outstanding | 186.62M | 192.51M | 204.88M | 67.54M | 67.63M | 67.63M | 67.78M | 67.7M | 66.05M | 67.27M | 69.74M | 69.95M | 69.83M | 69.84M | 70.97M | 71.1M | 70.84M | 70.69M | 70.94M | 70.03M |
| Basic Shares Outstanding | 184.63M | 189.85M | 201.98M | 67.54M | 69.14M | 67.63M | 66.52M | 70.23M | 65.85M | 66.19M | 69.74M | 68.45M | 69.83M | 69.84M | 70.97M | 70.95M | 70.84M | 70.66M | 70.94M | 70.03M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |