Educational Development Corp (EDUC) Financial Statements
Industry: Miscellaneous Nondurable Goods (Wholesale)
In fiscal 2026, Educational Development reported revenue of $22.9M, down 33.0% from $34.2M the year before. Net income was $2.3M (a 10.1% net margin), or $0.27 per diluted share. Gross margin was 59.4% and operating margin was -31.4%. Operating activities generated $2.0M of cash, leaving $1.5M of free cash flow. At fiscal year end, Educational Development held $54.3M in total assets against $11.5M in total liabilities, including $1.1M of cash and equivalents.
Open the full interactive Educational Development financials → Quarterly statements, key ratios, valuation history and price charts.
Educational Development Key Stats
| Share Price | $1.31 |
|---|---|
| Market Cap | $11.1M |
| P/E Ratio | 4.9 |
| Revenue YoY Growth | -33.0% |
| 52-Week Range | $1.24 – $1.65 |
| Shares Outstanding | 8.5 million (basic, 2027 Q1) |
Educational Development Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Revenue | $204.6M | $142.2M | $87.8M | $51.0M | $34.2M | $22.9M |
| Cost of Goods Sold | $60.0M | $44.3M | $31.8M | $18.0M | $13.2M | $9.3M |
| Gross Profit | $144.6M | $97.9M | $56.1M | $33.0M | $21.0M | $13.6M |
| Operating Income | $16.0M | $10.2M | -$2.6M | -$5.9M | -$6.8M | -$7.2M |
| Pre-Tax Income | $17.2M | $11.2M | -$3.4M | $734,500 | -$6.9M | $5.3M |
| Income Tax | $4.6M | $2.9M | -$922,000 | $188,100 | -$1.6M | $3.0M |
| Net Income | $12.6M | $8.3M | -$2.5M | $546,400 | -$5.3M | $2.3M |
| Diluted EPS | $1.50 | $0.98 | -$0.31 | $0.07 | -$0.63 | $0.27 |
Educational Development Quarterly Results
| 2026 Q2 | 2026 Q3 | 2026 Q4 | 2027 Q1 | |
|---|---|---|---|---|
| Revenue | $4.6M | $7.0M | $4.2M | $4.8M |
| Net Income | -$1.3M | $7.8M | -$3.1M | -$1.4M |
| Diluted EPS | -$0.15 | $0.91 | -$0.36 | -$0.16 |
Educational Development Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.8M | $361,200 | $689,100 | $844,500 | $428,400 | $1.1M |
| Current Assets | $58.1M | $76.5M | $63.6M | $66.0M | $52.2M | $20.6M |
| Total Assets | $88.9M | $109.9M | $99.9M | $90.1M | $78.3M | $54.3M |
| Current Liabilities | $37.9M | $40.3M | $54.1M | $17.0M | $37.2M | $6.2M |
| Total Long-Term Debt | $11.0M | $25.0M | $35.1M | $28.4M | $26.8M | — |
| Total Liabilities | $48.6M | $63.2M | $54.7M | $44.7M | $37.7M | $11.5M |
| Shareholders' Equity | $40.3M | $46.8M | $45.2M | $45.5M | $40.6M | $42.8M |
Educational Development Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $7.8M | -$21.1M | $58,500 | $8.8M | $3.2M | $2.0M |
| Cash From Investing | -$4.1M | -$3.9M | -$1.8M | $4.0M | -$429,600 | $29.4M |
| Cash From Financing | -$4.9M | $23.6M | $2.0M | -$12.2M | -$3.1M | -$31.0M |
| Free Cash Flow | $3.7M | -$24.9M | -$1.5M | $7.9M | $2.8M | $1.5M |
| Dividends Paid | $2.3M | $3.4M | $870,700 | $0 | — | — |
Figures from Educational Development's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Educational Development financials page for every line item.
Educational Development Company Profile
| Ticker | EDUC |
|---|---|
| Exchange | Nasdaq |
| Industry | Miscellaneous Nondurable Goods (Wholesale) |
| Headquarters | Tulsa, Oklahoma |
| Incorporated in | Delaware |
| Fiscal Year End | February 28 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0000031667 |
Frequently Asked Questions
What was Educational Development's revenue in fiscal 2026?
Educational Development (EDUC) reported revenue of $22.9M for fiscal 2026.
What is Educational Development's annual revenue history?
Educational Development's annual revenue by fiscal year: 2021: $204.6M; 2022: $142.2M; 2023: $87.8M; 2024: $51.0M; 2025: $34.2M; 2026: $22.9M.
What was Educational Development's net income in fiscal 2026?
Educational Development reported net income of $2.3M for fiscal 2026.
What was Educational Development's earnings per share (EPS) in fiscal 2026?
Educational Development's diluted EPS was $0.27 for fiscal 2026 (adjusted for any later stock splits).
How much free cash flow did Educational Development generate in fiscal 2026?
Educational Development generated $1.5M of free cash flow in fiscal 2026.
What was Educational Development's revenue last quarter?
In its most recent reported quarter (2027 Q1), Educational Development reported revenue of $4.8M.
How many shares of Educational Development are outstanding?
Educational Development reported a weighted average of 8.5 million basic shares outstanding in 2027 Q1.
What is Educational Development's market cap?
Based on its latest closing price, Educational Development (EDUC) has a market capitalization of about $11.1M.
When does Educational Development's fiscal year end?
Educational Development's fiscal year end, as registered with the SEC, is February 28.
Where is Educational Development headquartered?
Educational Development lists its business address in Tulsa, Oklahoma in its SEC filings.
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