Tal Education (TAL.US) turned a profit in Q1, with revenue growth of 50.55% exceeding expectations.

Aug 1st (Thu) pre-market, TAL Education (TAL.US) released its Q1 2025 financial results. According to the report, TAL Education's Q1 revenue was $414.1 million, up 50.55% YoY, beating the market expectation; net income was $11.4 million, compared with a net loss of $45.04 million in the same period last year; diluted earnings per share (EPS) was $0.02, compared with a loss of $0.07 in the same period last year.

Excluding stock-based compensation expenses, adjusted net income was $29.6 million, compared with a net loss of $19.52 million in the same period last year; adjusted EPS was $0.05, compared with a loss of $0.03 in the same period last year.

The gross profit was $214.2 million, up 57.6% YoY; the gross margin was 51.7%, down from 49.3% in the same period last year.

The total stock-based compensation expense allocated to operating costs and expenses was $18.2 million, down 28.6% YoY from $25.5 million in the same period last year.

The deferred income balance as of May 31, 2024 was $164.19 million, compared with $42.83 million as of Feb 29, 2024.

The total balance of cash, cash equivalents and short-term investments held by TAL Education as of May 31, 2024 was $3.419 billion, compared with $3.303 billion as of Feb 29, 2024.