TAL Education Group Files Its Annual Report on Form 20-F

Rhea-AI Summary

TAL Education Group (NYSE:TAL), a smart learning solutions provider in China, filed its annual report on Form 20-F for the fiscal year ended February 28, 2026, with the U.S. SEC on June 12, 2026.

The report is available on the TAL investor relations website and the SEC website, and shareholders or ADS holders can request a free hard copy via email or mail.

AI-generated analysis. How Rhea-AI works. Not financial advice.

News Market Reaction – TAL

+0.65%

+0.65% News Effect

On the day this news was published, TAL gained 0.65%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

What This Means

This announcement centers on TAL’s Form 20-F filing, making detailed fiscal 2026 data and risk discl...

Analysis

This announcement centers on TAL’s Form 20-F filing, making detailed fiscal 2026 data and risk disclosures accessible to investors. The report highlights net revenues of $3.01 billion, net income of $530.1 million, and cash of $1.52 billion, but also stresses reliance on VIE structures, evolving PRC regulation, and HFCAA/PCAOB-related listing risks. In reviewing this filing, investors may focus on revenue growth durability, cash generation, regulatory developments in China, and any changes in risk language versus prior years.

Key Figures

Net revenues 2024: $1.49 billion Net revenues 2026: $3.01 billion Net income 2026: $530.1 million +5 more

8 metrics

Net revenues 2024 $1.49 billion Fiscal 2024 net revenues in 20-F

Net revenues 2026 $3.01 billion Fiscal 2026 net revenues in 20-F

Net income 2026 $530.1 million Consolidated net income FY2026 in 20-F

Cash & equivalents $1.52 billion Cash and cash equivalents as of Feb 28, 2026

VIE revenue 2024 82.6% Share of net revenues from VIEs in fiscal 2024

VIE revenue 2026 78.6% Share of net revenues from VIEs in fiscal 2026

FMR ownership 1,008,716.03 shares (0.7%) Class A common stock per Schedule 13G/A

Operating income FY2026 $276.0M Operating income FY2026 from 6-K

Historical Context

4 past events · Latest: Apr 23 (Positive)

Pattern 4 events

Date	Event	Sentiment	24h Move	Catalyst
Apr 23	Full-year earnings	Positive	-9.3%	Strong FY2026 revenue and net income with share repurchase authorization.
Apr 09	Earnings date notice	Neutral	-3.1%	Scheduled Q4 and FY2026 results release and accompanying conference call.
Jan 29	Quarterly earnings	Positive	+18.0%	Strong Q3 revenue, margin expansion and new share repurchase program.
Jan 12	Earnings date notice	Neutral	+10.3%	Announcement of Q3 FY2026 results date and investor call details.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent earnings releases have generally been strong fundamentally, but price reactions have been mixed, including one notable selloff on positive full-year results.

Recent Company History

Over the past six months, TAL reported several key milestones. Strong Q3 FY2026 results on Jan 29, 2026 with higher revenues, margins, and a $600M repurchase authorization saw a +18.03% reaction. Earnings-date announcements in January and April 2026 also coincided with positive moves of +10.35% and a smaller decline of -3.14%. However, the FY2026 earnings release on Apr 23, 2026, which highlighted strong revenue and net income growth plus buybacks, was followed by a -9.31% drop, showing that strong fundamentals have not always translated into supportive price action.

Regulatory & Risk Context

Short Interest: 3.9%

Short Interest

3.9% of shares outstanding

as of 2026-05-29 Days to cover: 4.64

Key Terms

form 20-f, securities and exchange commission, ads, variable interest entities, +4 more

8 terms

form 20-f regulatory

"announced that it filed its annual report on Form 20-F for the fiscal year"

Form 20-F is the standardized annual disclosure that non-U.S. companies must file with the U.S. securities regulator when their shares are traded in the U.S.; it contains audited financial statements, a plain-language description of the business, management discussion, governance details and key risk factors. It matters to investors because it provides a consistent, comparable company “report card” and rulebook, helping buyers assess financial health, governance and risks before investing.

securities and exchange commission regulatory

"with the Securities and Exchange Commission (the "SEC") on June 12, 2026"

A national government agency that enforces rules for buying, selling and disclosing information about stocks and other investments, acting like a referee and scorekeeper for financial markets. It requires companies to share clear, regular financial and business information and investigates fraud or rule-breaking, which matters to investors because those rules and disclosures help ensure fair prices, reduce hidden risks and make it easier to compare investment choices.

ads financial

"Shareholders and ADS holders of the Company may request a hard copy"

Ads are paid promotional messages a company places across media — online, on TV, in print, or on social platforms — to attract customers, explain products, or shape public perception. For investors, ads matter because they drive sales growth, affect how much a company must spend to win customers, and influence brand strength and long-term value. Ads can also create regulatory or reputational risk if claims are misleading, which can affect profits and stock price.

variable interest entities regulatory

"operates mainly in China through PRC subsidiaries and variable interest entities (VIEs)."

A variable interest entity (VIE) is a business that a company controls through contracts or special arrangements instead of owning a majority of its shares, like steering a puppet without holding its ticket. Investors care because these arrangements can hide who really bears the financial risks and rewards, affect how assets and liabilities appear on financial statements, and create extra legal or enforcement uncertainty that can change the value and risk of an investment.

hfCAA regulatory

"It also highlights HFCAA and PCAOB inspection risks that could eventually"

The HFCAA is a U.S. law that requires companies listed on U.S. stock exchanges to allow their auditors to be inspected by U.S. regulators; if a company’s auditors can’t be reviewed for several years, the company risks being removed from U.S. markets. For investors, it matters because the law increases transparency and audit oversight—think of it as a safety inspection for a car—while also creating a clear regulatory trigger that can affect a stock’s availability and price if compliance can’t be shown.

pcaob regulatory

"It also highlights HFCAA and PCAOB inspection risks that could eventually"

The PCAOB (Public Company Accounting Oversight Board) is an independent regulator that inspects and enforces rules for the auditors who check public companies’ financial statements. Think of it as a referee for accountants: it sets standards, reviews audit work, and can punish sloppy or dishonest audits. That matters to investors because trustworthy, well-audited financial reports reduce the risk of surprises and help people make better decisions about buying, holding, or selling stocks.

rule 144 regulatory

"filed a Rule 144 notice reporting proposed sales of American Depositary Shares"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

restricted stock units financial

"exercised 39,672 Restricted Stock Units (RSUs) into American Depositary Shares"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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BEIJING, June 12, 2026 /PRNewswire/ -- TAL Education Group ("TAL" or the "Company") (NYSE: TAL), a smart learning solutions provider in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended February 28, 2026 (the "Annual Report") with the Securities and Exchange Commission (the "SEC") on June 12, 2026, U.S. Eastern Time.

The Annual Report can be accessed and downloaded on the Company's website at https://ir.tal.com/, as well as on the SEC's website at https://www.sec.gov.

Shareholders and ADS holders of the Company may request a hard copy of the Annual Report free of charge by emailing the Company at ir@tal.com or by writing to the following address:

TAL Building No.1 Courtyard No.9
Qixin Middle Street, Changping District
Beijing 102200
People's Republic of China
Attention: Jackson Ding

About TAL Education Group

TAL Education Group is a smart learning solutions provider in China. The acronym "TAL" stands for "Tomorrow Advancing Life", which reflects our vision to promote top learning opportunities for students through both high-quality teaching and content, as well as leading edge application of technology in the education experience. TAL Education Group offers comprehensive learning solutions to students from all ages through diversified class formats. Our learning solutions mainly cover enrichment learnings programs and some academic subjects in and out of China. Our ADSs trade on the New York Stock Exchange under the symbol "TAL".

For investor and media inquiries, please contact:

Jackson Ding
Investor Relations
TAL Education Group
Tel: +86 10 5292 6669-8809
Email: ir@tal.com

Christensen Advisory
Tel: +86 10 5900 1548
Email: tal@christensencomms.com

View original content:https://www.prnewswire.com/news-releases/tal-education-group-files-its-annual-report-on-form-20-f-302799430.html

SOURCE TAL Education Group

FAQ

What did TAL Education Group (NYSE:TAL) announce on June 12, 2026?

TAL Education Group announced it filed its annual report on Form 20-F for the fiscal year ended February 28, 2026. According to the company, the filing was made with the U.S. Securities and Exchange Commission on June 12, 2026, Eastern Time.

Where can investors access TAL (NYSE:TAL) 2026 Form 20-F annual report?

Investors can access TAL’s 2026 Form 20-F on the company’s investor relations website at https://ir.tal.com/. According to TAL, the annual report is also available on the SEC’s website at https://www.sec.gov for online viewing and download.

How can TAL Education Group shareholders request a hard copy of the 2026 Form 20-F?

Shareholders and ADS holders can request a free hard copy of TAL’s 2026 Form 20-F by emailing ir@tal.com. According to the company, written requests can also be mailed to its Beijing headquarters address provided in the investor information.

Which fiscal year does TAL (NYSE:TAL) 2026 Form 20-F cover?

TAL’s 2026 Form 20-F covers the fiscal year ended February 28, 2026. According to the company, this annual report provides its required U.S. SEC disclosures for that fiscal period, accessible to shareholders, ADS holders, and other market participants.

What is the mailing address to request TAL Education Group’s 2026 annual report?

Requests for TAL’s 2026 annual report can be mailed to TAL Building, No.1 Courtyard No.9, Qixin Middle Street, Changping District, Beijing 102200, People’s Republic of China. According to TAL, attention should be directed to Jackson Ding for such requests.