Four Seasons Education (Cayman) Inc. (FEDU) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 8, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2026, filed Jun 17, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the FEDU SEC filings page.
Four Seasons Education (Cayman) Inc. (FEDU) reported $37.1M in revenue for fiscal year 2026, up 7.6% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 9 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).
The business has regained profitability as wider gross margins and positive free cash flow now reinforce each other, despite tighter liquidity.
In FY2026, net income of$4.5M nearly matched operating cash flow of$4.4M , a pattern consistent with earnings that are being collected rather than merely booked. Free cash flow turned positive at$3.5M after negative-$5.6M in FY2024, indicating the recent profit improvement is no longer being consumed by reinvestment.
Gross margin rose from
Assets reached
Financial Health Signals
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 Four Seasons Education (Cayman) Inc.'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.
Four Seasons Education (Cayman) Inc. has an operating margin of 2.6%, meaning the company retains $3 of operating profit per $100 of revenue. This below-average margin results in a low score of 29/100, suggesting thin profitability after operating expenses. This is up from -6.3% the prior year.
Four Seasons Education (Cayman) Inc.'s revenue grew 7.6% year-over-year to $37.1M, a solid pace of expansion. This earns a growth score of 94/100.
Four Seasons Education (Cayman) Inc. carries a low D/E ratio of 0.17, meaning only $0.17 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 99/100, indicating a strong balance sheet with room for future borrowing.
Four Seasons Education (Cayman) Inc.'s current ratio of 1.85 indicates adequate short-term liquidity, earning a score of 55/100. The company can meet its near-term obligations, though with limited headroom.
Four Seasons Education (Cayman) Inc.'s free cash flow margin of 9.3% results in a low score of 15/100. Capital expenditures of $912K absorb a large share of operating cash flow.
Four Seasons Education (Cayman) Inc.'s ROE of 6.5% shows moderate profitability relative to equity, earning a score of 32/100. This is up from 0.2% the prior year.
Four Seasons Education (Cayman) Inc. scores 0.52, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($22.8M) relative to total liabilities ($32.8M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Four Seasons Education (Cayman) Inc. passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Four Seasons Education (Cayman) Inc. generates $0.98 in operating cash flow ($4.4M OCF vs $4.5M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q4 2026.
Cash & Balance Sheet
Four Seasons Education (Cayman) Inc. held $19.9M in cash against $11.8M in long-term debt as of Q4 2026.
Not reported for Q4 2026.
Not reported for Q4 2026.
Margins & Returns
None of these metrics is reported for Q4 2026.
Capital Allocation
None of these metrics is reported for Q4 2026.
FEDU Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
FEDU Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2620-F | Q4'2520-F | Q4'2410-K | Q4'2310-K | Q4'2210-K | Q4'2110-K | Q4'2010-K | Q4'1910-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $107.8M+7.4% | $100.4M+7.2% | $93.7M+8.0% | $86.7M-9.2% | $95.5M-36.1% | $149.4M+0.7% | $148.4M+6.6% | $139.3M+11.3% |
| Current Assets | $36.8M-9.8% | $40.8M-9.0% | $44.8M-39.2% | $73.7M-11.6% | $83.4M+4.4% | $79.8M-9.4% | $88.1M+19.0% | $74.1M-21.2% |
| Cash & Equivalents | $19.9M-31.4% | $28.9M+15.6% | $25.0M-1.2% | $25.3M-39.1% | $41.6M-28.8% | $58.5M+1.0% | $57.9M-11.9% | $65.7M-28.7% |
| Short-Term Investments | $0-100.0% | $1.9M-27.4% | $2.6M-25.1% | $3.5M-75.3% | $14.2M+196.4% | $4.8M+234.9% | $1.4M-70.8% | $4.9M |
| Accounts Receivable | $463K+64.8% | $281K-37.7% | $451K+252.3% | $128K | N/A | N/A | N/A | N/A |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0-100.0% | $24.4M-2.6% |
| Goodwill | $164K+6.5% | $154K-1.3% | $156K | N/A | N/A | $5.9M+7.9% | $5.4M-74.6% | $21.4M+25713.3% |
| Total Liabilities | $32.8M+5.6% | $31.0M+50.9% | $20.6M+59.9% | $12.9M-18.9% | $15.9M-68.0% | $49.6M-4.5% | $51.9M+98.2% | $26.2M+23.3% |
| Current Liabilities | $19.9M+6.9% | $18.6M+25.5% | $14.8M+17.7% | $12.6M-15.0% | $14.8M-57.7% | $35.1M+15.1% | $30.5M+24.1% | $24.5M+15.6% |
| Non-Current Liabilities | $12.9M+3.7% | $12.4M+116.9% | $5.7M+2144.3% | $255K-75.1% | $1.0M-92.9% | $14.5M-32.3% | $21.4M+1214.1% | $1.6M |
| Long-Term Debt | $11.8M+4.7% | $11.3M+103.0% | $5.6M | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $69.1M+10.6% | $62.4M-5.4% | $66.0M0.0% | $66.0M-6.6% | $70.7M-22.3% | $90.9M+0.8% | $90.2M-15.3% | $106.5M+3.4% |
| Retained Earnings | -$35.8M+5.6% | -$38.0M+1.5% | -$38.5M+5.4% | -$40.7M-1.7% | -$40.0M-87.5% | -$21.4M-35.7% | -$15.7M-17398.9% | -$90K |
Not reported in any period shown, so not listed: Inventory.
FEDU Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
FEDU Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Four Seasons Education (Cayman) Inc. FEDU | FY2026 | $37.1M | $4.5M | 12.1% | $22.8M | 54/100 |
| Golden Sun Technology Group Limited GSUN | FY2025 | $35K | -$5K | -14.3% | $2.2M | — |
| Mynd.ai, Inc. MYND | FY2025 | $167.9M | -$54.1M | -32.2% | $14.3M | 24/100 |
| KIDZ AI Inc. KIDZ | FY2025 | $3.4M | -$7.0M | N/A | $1.9M | 13/100 |
| 17 Education & Technology Group Inc. YQ | FY2025 | $15.2M | -$22.1M | N/A | $32.5M | 52/100 |
| Bright Scholar Education Holdings Limited American BEDU | FY2024 | $247.6M | -$145.7M | -58.9% | $66.8M | — |
Where Four Seasons Education (Cayman) Inc. Ranks
Frequently Asked Questions
What is Four Seasons Education (Cayman) Inc.'s annual revenue?
Four Seasons Education (Cayman) Inc. (FEDU) reported $37.1M in total revenue for fiscal year 2026. This represents a 7.6% 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.
How fast is Four Seasons Education (Cayman) Inc.'s revenue growing?
Four Seasons Education (Cayman) Inc. (FEDU) revenue grew by 7.6% year-over-year, from $34.5M to $37.1M in fiscal year 2026.
Is Four Seasons Education (Cayman) Inc. profitable?
Yes, Four Seasons Education (Cayman) Inc. (FEDU) reported a net income of $4.5M in fiscal year 2026, with a net profit margin of 12.1%.
What is Four Seasons Education (Cayman) Inc.'s EBITDA?
Four Seasons Education (Cayman) Inc. (FEDU) had EBITDA of $2.0M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Four Seasons Education (Cayman) Inc. have?
As of fiscal year 2026, Four Seasons Education (Cayman) Inc. (FEDU) had $19.9M in cash and equivalents against $11.8M in long-term debt.
What is Four Seasons Education (Cayman) Inc.'s gross margin?
Four Seasons Education (Cayman) Inc. (FEDU) had a gross margin of 25.8% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is Four Seasons Education (Cayman) Inc.'s operating margin?
Four Seasons Education (Cayman) Inc. (FEDU) had an operating margin of 2.6% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is Four Seasons Education (Cayman) Inc.'s net profit margin?
Four Seasons Education (Cayman) Inc. (FEDU) had a net profit margin of 12.1% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
What is Four Seasons Education (Cayman) Inc.'s return on equity (ROE)?
Four Seasons Education (Cayman) Inc. (FEDU) has a return on equity of 6.5% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Four Seasons Education (Cayman) Inc.'s free cash flow?
Four Seasons Education (Cayman) Inc. (FEDU) generated $3.5M in free cash flow during fiscal year 2026. This represents a 167.8% 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.
What is Four Seasons Education (Cayman) Inc.'s operating cash flow?
Four Seasons Education (Cayman) Inc. (FEDU) generated $4.4M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are Four Seasons Education (Cayman) Inc.'s total assets?
Four Seasons Education (Cayman) Inc. (FEDU) had $107.8M in total assets as of fiscal year 2026, including both current and long-term assets.
What are Four Seasons Education (Cayman) Inc.'s capital expenditures?
Four Seasons Education (Cayman) Inc. (FEDU) invested $912K in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
What is Four Seasons Education (Cayman) Inc.'s current ratio?
Four Seasons Education (Cayman) Inc. (FEDU) had a current ratio of 1.85 as of fiscal year 2026, which is generally considered healthy.
What is Four Seasons Education (Cayman) Inc.'s debt-to-equity ratio?
Four Seasons Education (Cayman) Inc. (FEDU) had a debt-to-equity ratio of 0.17 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Four Seasons Education (Cayman) Inc.'s return on assets (ROA)?
Four Seasons Education (Cayman) Inc. (FEDU) had a return on assets of 4.2% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Four Seasons Education (Cayman) Inc.'s P/E ratio?
Four Seasons Education (Cayman) Inc. (FEDU) trades at 5.1x earnings, its market capitalization divided by net income of $4.5M net income, FY2026. The market capitalization is $22.8M as of Oct 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Four Seasons Education (Cayman) Inc.'s price-to-sales ratio?
Four Seasons Education (Cayman) Inc. (FEDU) trades at 0.6x sales, its market capitalization divided by revenue of $37.1M revenue, FY2026. The market capitalization is $22.8M as of Oct 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Four Seasons Education (Cayman) Inc.'s Altman Z-Score?
Four Seasons Education (Cayman) Inc. (FEDU) has an Altman Z-Score of 0.52, placing it in the Distress Zone (elevated bankruptcy 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.
What is Four Seasons Education (Cayman) Inc.'s Piotroski F-Score?
Four Seasons Education (Cayman) Inc. (FEDU) has a Piotroski F-Score of 6 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.
Are Four Seasons Education (Cayman) Inc.'s earnings high quality?
Four Seasons Education (Cayman) Inc. (FEDU) has an earnings quality ratio of 0.98x, 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.
How financially healthy is Four Seasons Education (Cayman) Inc.?
Four Seasons Education (Cayman) Inc. (FEDU) scores 54 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.