TAL Q2 revenue rises 15.5% to $994.6M as investment swing hits net result
BEIJING – October 29, 2026 -- TAL Education Group (NYSE: TAL) lifted second-quarter fiscal 2027 net revenues 15.5% to US$994.6 million and more than doubled operating income to US$235.9 million. Even so, it posted a net loss attributable to TAL of US$47.4 million for the quarter ended August 31, 2026, against net income of US$124.1 million a year earlier.
Gross margin widens to 59.8% as marketing spend falls 15.3%
Gross profit rose 21.1% to US$594.6 million, and gross margin reached 59.8% against 57.0% a year earlier. Cost of revenues increased 8.0% to US$400.0 million, below the pace of revenue growth.
Selling and marketing expenses fell 15.3% to US$226.4 million from US$267.3 million. General and administrative expenses rose 3.7% to US$132.4 million. Total operating costs and expenses declined 0.8% to US$758.8 million.