TAL Education powers ahead as revenue climbs to $758M

• TAL Education Group reported first-quarter fiscal 2027 revenue of $758.4 million, up 31.9% year over year.
• Net income increased to $408 million, while operating income rose to $137.2 million.
• The board extended TAL’s share repurchase programme with authorization for up to $393.7 million in buybacks.

TAL Education Group (NYSE:TAL) reported first-quarter fiscal 2027 net revenue of $758.4 million, up 31.9% year over year, as operating income and profitability increased.

The company’s income from operations rose to $137.2 million from $14.3 million in the prior-year quarter, while net income attributable to TAL increased to $408 million from $31.3 million.

TAL Education reported non-GAAP net income attributable to shareholders of $419.5 million, with gross margin improving to 57.8%, while operating cash flow reached $478.2 million and cash, cash equivalents and short-term investments totaled $2.87 billion.

The company extended its share repurchase programme to allow buybacks of up to $393.7 million through July 28, 2027.

Meanwhile, TAL Education repurchased 1,226,033 shares for approximately $40.7 million, while deferred revenue increased to $1.22 billion during the quarter.

The company provides education and learning services in China and continues to manage its balance sheet through operating cash generation, investments and shareholder return programmes.