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Education Dvel Financials

EDUC
Source SEC Filings (10-K/10-Q) Data as of May 31, 2026 Currency USD FYE February

This page shows Education Dvel (EDUC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI EDUC FY2026

Inventory release and debt reduction, rather than sales growth, are driving this company’s smaller but healthier operating model.

Even with revenue down more than half over the last two years, net income swung from -$5.3M to $2.3M in the latest year. The hidden driver was balance-sheet compression: inventory fell to $17.4M and total liabilities to $11.5M, showing the business has been freeing working capital and shedding obligations as it resizes.

The balance sheet still operates with inventory as the main liquid resource: inventory was $17.4M versus cash of just $1.1M. That means headline liquidity looks better on paper than in immediate spending power, because most current assets must be converted through sales before they can fund operations.

Gross margin remained high at 59.4% in the latest year, so the business is not losing money on each sale at the gross-profit level. The move back to profit looks more like cost-base resizing than renewed scale, with SG&A reduced to $3.5M from $8.8M as revenue kept shrinking.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 49 / 100
Financial Health Score 49/100

Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Education Dvel's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability
11

Education Dvel has an operating margin of 3.3%, meaning the company retains $3 of operating profit per $100 of revenue. This below-average margin results in a low score of 11/100, suggesting thin profitability after operating expenses.

Growth
3

Education Dvel's revenue declined 33% year-over-year, from $34.2M to $22.9M. This contraction results in a growth score of 3/100.

Leverage
94

Education Dvel carries a low D/E ratio of 0.00, meaning only $0.00 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 94/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
80

With a current ratio of 3.33, Education Dvel holds $3.33 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 80/100.

Cash Flow
64

Education Dvel has a free cash flow margin of 6.4%, earning a moderate score of 64/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns
40

Education Dvel's ROE of 5.4% shows moderate profitability relative to equity, earning a score of 40/100. This is up from -13.0% the prior year.

Altman Z-Score Grey Zone
2.50

Education Dvel scores 2.50, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Neutral
5/9

Education Dvel passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Mixed
0.86x

For every $1 of reported earnings, Education Dvel generates $0.86 in operating cash flow ($2.0M OCF vs $2.3M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Interest Coverage At Risk
0.5x

Education Dvel earns $0.5 in operating income for every $1 of interest expense ($748K vs $1.5M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue
$22.9M
YoY-33.0%
5Y CAGR-35.5%
10Y CAGR-9.7%

Education Dvel generated $22.9M in revenue in fiscal year 2026. This represents a decrease of 33.0% from the prior year.

EBITDA
$2.1M

Education Dvel's EBITDA was $2.1M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.

Net Income
$2.3M
YoY+144.2%
5Y CAGR-28.7%
10Y CAGR+0.9%

Education Dvel reported $2.3M in net income in fiscal year 2026. This represents an increase of 144.2% from the prior year.

EPS (Diluted)
$0.27
YoY+142.9%
5Y CAGR-29.0%
10Y CAGR-6.3%

Education Dvel earned $0.27 per diluted share (EPS) in fiscal year 2026. This represents an increase of 142.9% from the prior year.

Cash & Balance Sheet

Free Cash Flow
$1.5M
YoY-47.2%
5Y CAGR-16.8%

Education Dvel generated $1.5M in free cash flow in fiscal year 2026, representing cash available after capex. This represents a decrease of 47.2% from the prior year.

Cash & Debt
$1.1M
YoY+161.1%
5Y CAGR-9.2%
10Y CAGR-0.6%

Education Dvel held $1.1M in cash against $0 in long-term debt as of fiscal year 2026.

Dividends Per Share
$0.00

Education Dvel paid $0.00 per share in dividends in fiscal year 2026.

Shares Outstanding
9M
YoY-0.8%
5Y CAGR+0.4%
10Y CAGR+7.7%

Education Dvel had 9M shares outstanding in fiscal year 2026. This represents a decrease of 0.8% from the prior year.

Margins & Returns

Gross Margin
59.4%
YoY-2.1pp
5Y CAGR-11.3pp
10Y CAGR-8.4pp

Education Dvel's gross margin was 59.4% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is down 2.1 percentage points from the prior year.

Operating Margin
3.3%

Education Dvel's operating margin was 3.3% in fiscal year 2026, reflecting core business profitability.

Net Margin
10.2%
YoY+25.5pp
5Y CAGR+4.0pp
10Y CAGR+6.8pp

Education Dvel's net profit margin was 10.2% in fiscal year 2026, showing the share of revenue converted to profit. This is up 25.5 percentage points from the prior year.

Return on Equity
5.4%
YoY+18.4pp
5Y CAGR-25.9pp
10Y CAGR-10.6pp

Education Dvel's ROE was 5.4% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is up 18.4 percentage points from the prior year.

Capital Allocation

R&D Spending
N/A
Share Buybacks
$138K
YoY+19600.0%

Education Dvel spent $138K on share buybacks in fiscal year 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 19600.0% from the prior year.

Capital Expenditures
$543K
YoY+23.5%
5Y CAGR-33.4%
10Y CAGR-31.8%

Education Dvel invested $543K in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents an increase of 23.5% from the prior year.

EDUC Income Statement

Metric Q1'27 Q4'26 Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25
Revenue $4.8M+13.8% $4.2M-40.4% $7.0M+51.6% $4.6M-35.0% $7.1M+7.1% $6.6M-40.0% $11.1M+69.8% $6.5M
Cost of Revenue $1.9M N/A $2.7M+39.6% $1.9M-34.9% $3.0M N/A $4.1M+44.9% $2.9M
Gross Profit $2.8M+14.3% $2.5M-42.7% $4.3M+60.3% $2.7M-35.0% $4.1M+3.0% $4.0M-41.8% $6.9M+89.3% $3.6M
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $677K N/A $1.2M+60.2% $740K-25.6% $995K N/A $1.7M+25.9% $1.4M
Operating Income $91K N/A N/A N/A N/A N/A N/A N/A
Interest Expense $600 N/A $370K-38.7% $603K+19.6% $504K N/A $575K+5.4% $546K
Income Tax $17K N/A $2.8M+723.6% -$456K-21.8% -$374K N/A -$276K+58.3% -$663K
Net Income -$1.4M+55.1% -$3.1M-139.8% $7.8M+702.6% -$1.3M-20.4% -$1.1M+20.1% -$1.3M-61.0% -$836K+53.7% -$1.8M
EPS (Diluted) $-0.16+56.8% $-0.37-140.7% $0.91+706.7% $-0.15-15.4% $-0.13+18.8% $-0.16-60.0% $-0.10+54.5% $-0.22

EDUC Balance Sheet

Metric Q1'27 Q4'26 Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25
Total Assets $52.9M-2.6% $54.3M-8.7% $59.5M-19.9% $74.2M-2.7% $76.3M-2.5% $78.3M-6.3% $83.6M-1.9% $85.2M
Current Assets $19.4M-5.7% $20.6M-25.7% $27.7M-40.8% $46.7M-4.8% $49.1M-6.1% $52.2M-9.2% $57.6M-2.2% $58.9M
Cash & Equivalents $1.7M+48.6% $1.1M-64.0% $3.1M+312.1% $754K-27.5% $1.0M+142.8% $428K-81.3% $2.3M+203.7% $754K
Inventory $16.1M-7.8% $17.4M-22.6% $22.5M-4.8% $23.6M-6.3% $25.2M-13.4% $29.1M-9.2% $32.1M-9.8% $35.5M
Accounts Receivable $571K-33.8% $861K+13.4% $760K-57.0% $1.8M-11.6% $2.0M-5.9% $2.1M-2.3% $2.2M+4.6% $2.1M
Goodwill N/A N/A N/A N/A N/A N/A N/A N/A
Total Liabilities $11.5M-0.3% $11.5M-15.0% $13.6M-62.4% $36.0M-2.2% $36.8M-2.4% $37.7M-9.7% $41.8M-2.0% $42.7M
Current Liabilities $6.1M-1.8% $6.2M-24.2% $8.1M-77.3% $35.8M-1.8% $36.5M-2.1% $37.2M+135.5% $15.8M-1.3% $16.0M
Long-Term Debt $2.0M $0 $0 $0 $0 $0-100.0% $25.3M-1.7% $25.8M
Total Equity $41.4M-3.3% $42.8M-6.8% $45.9M+20.1% $38.2M-3.3% $39.5M-2.6% $40.6M-3.0% $41.8M-1.7% $42.5M
Retained Earnings $38.2M-3.5% $39.6M-7.3% $42.7M+22.3% $34.9M-3.6% $36.2M-2.9% $37.3M-3.5% $38.6M-2.1% $39.5M

EDUC Cash Flow Statement

Metric Q1'27 Q4'26 Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25
Operating Cash Flow $564K+128.2% -$2.0M-178.6% $2.5M+3926.7% $63K-95.5% $1.4M+189.1% -$1.6M-135.3% $4.4M+613.0% -$866K
Capital Expenditures $96K+0.3% $96K-30.8% $138K+36.2% $102K-51.1% $207K+58.2% $131K+21.1% $108K+23.3% $88K
Free Cash Flow $468K+122.4% -$2.1M-187.0% $2.4M+6383.8% -$38K-103.2% $1.2M+170.0% -$1.7M-139.2% $4.3M+554.4% -$954K
Investing Cash Flow -$95K-5.0% -$91K-100.3% $29.7M+29404.8% -$102K+37.5% -$162K-23.9% -$131K-27.9% -$103K-16.7% -$88K
Financing Cash Flow $0 $0+100.0% -$30.1M-6595.8% -$450K0.0% -$450K+18.3% -$551K+75.5% -$2.2M-4190.7% $55K
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks N/A $0 N/A N/A N/A $700 $0 $0

EDUC Financial Ratios

Metric Q1'27 Q4'26 Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25
Gross Margin 59.3%+0.2pp 59.1%-2.4pp 61.5%+3.3pp 58.2%-0.1pp 58.2%-2.3pp 60.5%-1.9pp 62.5%+6.5pp 56.0%
Operating Margin 1.9% N/A N/A N/A N/A N/A N/A N/A
Net Margin -29.3%+45.0pp -74.4%-185.7pp 111.3%+139.3pp -28.0%-12.9pp -15.1%+5.1pp -20.3%-12.7pp -7.6%+20.2pp -27.7%
Return on Equity -3.4%+3.9pp -7.3%-24.3pp 17.0%+20.4pp -3.4%-0.7pp -2.7%+0.6pp -3.3%-1.3pp -2.0%+2.2pp -4.2%
Return on Assets -2.6%+3.1pp -5.7%-18.8pp 13.1%+14.9pp -1.7%-0.3pp -1.4%+0.3pp -1.7%-0.7pp -1.0%+1.1pp -2.1%
Current Ratio 3.20-0.1 3.33-0.1 3.40+2.1 1.30-0.0 1.35-0.1 1.40-2.2 3.64-0.0 3.67
Debt-to-Equity 0.28+0.3 0.000.0 0.000.0 0.000.0 0.000.0 0.00-0.6 0.610.0 0.61
FCF Margin 9.8%+60.0pp -50.1%-84.5pp 34.3%+35.2pp -0.8%-17.6pp 16.7%+42.3pp -25.6%-64.8pp 39.2%+53.9pp -14.6%

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Frequently Asked Questions

Education Dvel (EDUC) reported $22.9M in total revenue for fiscal year 2026. This represents a -33.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Education Dvel (EDUC) revenue declined by 33% year-over-year, from $34.2M to $22.9M in fiscal year 2026.

Yes, Education Dvel (EDUC) reported a net income of $2.3M in fiscal year 2026, with a net profit margin of 10.2%.

Education Dvel (EDUC) reported diluted earnings per share of $0.27 for fiscal year 2026. This represents a 142.9% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Education Dvel (EDUC) had EBITDA of $2.1M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2026, Education Dvel (EDUC) had $1.1M in cash and equivalents against $0 in long-term debt.

Education Dvel (EDUC) had a gross margin of 59.4% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.

Education Dvel (EDUC) had an operating margin of 3.3% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.

Education Dvel (EDUC) had a net profit margin of 10.2% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.

Education Dvel (EDUC) has a return on equity of 5.4% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.

Education Dvel (EDUC) generated $1.5M in free cash flow during fiscal year 2026. This represents a -47.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Education Dvel (EDUC) generated $2.0M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.

Education Dvel (EDUC) had $54.3M in total assets as of fiscal year 2026, including both current and long-term assets.

Education Dvel (EDUC) invested $543K in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.

Yes, Education Dvel (EDUC) spent $138K on share buybacks during fiscal year 2026, returning capital to shareholders by reducing shares outstanding.

Education Dvel (EDUC) had 9M shares outstanding as of fiscal year 2026.

Education Dvel (EDUC) had a current ratio of 3.33 as of fiscal year 2026, which is generally considered healthy.

Education Dvel (EDUC) had a debt-to-equity ratio of 0.00 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.

Education Dvel (EDUC) had a return on assets of 4.3% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.

Education Dvel (EDUC) has an Altman Z-Score of 2.50, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Education Dvel (EDUC) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Education Dvel (EDUC) has an earnings quality ratio of 0.86x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Education Dvel (EDUC) has an interest coverage ratio of 0.5x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

Education Dvel (EDUC) scores 49 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.

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