Educational Development Corporation (EDUC)

Name: Educational Development Corporation Financial Statements
Creator: Quarter Results

Communication Services | Publishing

Latest reporting period: 2025-11-30

Latest Quarter

2025-11-30

Revenue

$7.0M

Net Income

$7.8M

Operating Margin

-21.5%

Free Cash Flow

$2.8M

Debt / Assets

48.2%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for Educational Development Corporation (EDUC).
Income Statement (Quarterly)	2025-11-30	2025-08-31	2025-05-31	2024-11-30
Revenue	7,007,800	4,621,100	7,106,400	11,052,100
Cost of Revenue	2,698,100	1,933,000	2,969,300	4,148,300
Gross Profit	4,309,700	2,688,100	4,137,100	6,903,800
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	4,628,800	3,772,100	4,707,000	6,358,300
Operating Expenses	5,813,500	4,511,600	5,701,600	8,102,399
Operating Income	-1,503,800	-1,823,500	-1,564,500	-1,198,600
Interest Expense	369,800	603,200	504,300	575,400
Income Before Tax	10,642,700	-1,750,200	-1,449,300	-1,111,900
Income Tax Expense	2,840,600	-455,500	-374,100	-276,200
Net Income	7,802,100	-1,294,700	-1,075,200	-835,700
Per Share
EPS	0.91	-0.15	-0.13	-0.10
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Educational Development Corporation (EDUC).
Income Statement (Annual)	2025-02-28	2024-02-29	2023-02-28	2022-02-28	2021-02-28
Revenue	34,191,000	51,030,300	87,829,000	142,228,800	204,635,100
Cost of Revenue	13,163,000	18,045,400	31,759,200	44,297,500	60,037,000
Gross Profit	21,028,000	32,984,900	56,069,800	97,931,300	144,598,100
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	22,051,700	38,885,800	32,975,700	64,679,700	92,518,700
Operating Expenses	27,803,000	38,885,800	58,651,800	87,690,100	128,642,400
Operating Income	-6,775,600	-5,900,900	23,094,100	12,152,300	15,955,700
Interest Expense	2,188,000	2,758,900	2,172,300	916,400	561,000
Income Before Tax	-6,855,000	734,500	-3,426,900	11,235,900	17,230,800
Income Tax Expense	-1,591,000	188,100	-922,000	2,929,100	4,606,800
Net Income	-5,264,000	546,400	-2,504,900	8,306,800	12,624,000
Per Share
EPS	-0.64	0.07	-0.31	1.03	1.51
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Educational Development Corporation (EDUC).
Balance Sheet (Quarterly)	2025-02-28	2024-02-29	2023-02-28	2022-02-28
Assets
Cash and Cash Equivalents	428,400	844,500	689,100	361,200
Short Term Investments	0	0	0	0
Net Receivables	2,126,000	1,936,900	2,906,700	3,638,800
Inventory	29,099,600	43,913,200	59,086,500	71,553,600
Total Current Assets	52,247,200	66,039,400	63,551,600	76,514,100
Property Plant Equipment	7,506,800	10,554,500	29,656,400	30,484,000
Goodwill and Intangibles	0	0	0	0
Total Assets	78,314,300	90,105,000	99,936,800	109,933,700
Liabilities
Account Payables	1,847,400	3,910,200	3,863,900	12,411,800
Short Term Debt	31,987,900	8,025,000	45,529,400	20,265,700
Total Current Liabilities	37,222,700	17,014,600	54,118,200	40,259,800
Long Term Debt	411,100	27,528,700	475,800	22,409,500
Total Liabilities	37,746,700	44,654,300	54,705,000	63,168,200
Shareholders Equity
Retained Earnings	37,303,000	42,566,600	42,020,200	44,525,100
Total Shareholders Equity	40,567,600	45,450,700	45,231,800	46,765,500

Balance sheet annual history for Educational Development Corporation (EDUC).
Balance Sheet (Annual)	2025-02-28	2024-02-29	2023-02-28	2022-02-28	2021-02-28
Assets
Cash and Cash Equivalents	428,400	844,500	689,100	361,200	1,812,200
Short Term Investments	0	0	0	0	0
Net Receivables	2,126,000	1,936,900	2,906,700	3,638,800	3,346,700
Inventory	29,099,600	43,913,200	59,086,500	71,553,600	51,762,400
Total Current Assets	52,247,200	66,039,400	63,551,600	76,514,100	58,140,600
Property Plant Equipment	7,506,800	10,554,500	29,656,400	30,484,000	29,951,000
Goodwill and Intangibles	0	0	0	0	0
Total Assets	78,314,300	90,105,000	99,936,800	109,933,700	88,850,500
Liabilities
Account Payables	1,847,400	3,910,200	3,863,900	12,411,800	19,674,300
Short Term Debt	31,987,900	8,025,000	45,529,400	20,265,700	5,778,800
Total Current Liabilities	37,222,700	17,014,600	54,118,200	40,259,800	37,915,300
Long Term Debt	411,100	27,528,700	475,800	22,409,500	10,451,200
Total Liabilities	37,746,700	44,654,300	54,705,000	63,168,200	48,590,700
Shareholders Equity
Retained Earnings	37,303,000	42,566,600	42,020,200	44,525,100	39,683,000
Total Shareholders Equity	40,567,600	45,450,700	45,231,800	46,765,500	40,259,800

Cash flow quarterly history for Educational Development Corporation (EDUC).
Cash Flow Statement (Quarterly)	2025-02-28	2024-02-29	2023-02-28	2022-02-28
Operating Activities
Net Income	-5,263,600	546,400	-2,504,900	8,306,800
Depreciation & Amortization	1,724,900	2,487,200	2,478,700	2,126,700
Stock Based Compensation	403,300	212,000	907,800	1,046,500
Change in Working Capital	6,963,300	10,012,200	-860,900	-32,766,200
Operating Cash Flow	3,211,700	8,750,600	58,500	-21,143,300
Investing Activities
Capital Expenditure	-439,400	-821,800	-1,578,800	-3,717,200
Investments	-439,400	-821,800	-1,578,800	-3,717,200
Investing Cash Flow	-429,600	4,037,099	-1,755,800	-3,940,900
Financing Activities
Debt Repayment	-3,100,000	-6,499,100	-25,900,100	-1,277,700
Common Stock Issued/Repurchased	17,000	-563,900	63,400	617,100
Dividends Paid	0	0	-870,700	-3,429,100
Financing Cash Flow	-3,083,000	-12,199,400	2,025,200	23,633,200
Summary
Free Cash Flow	2,772,300	7,928,800	-1,520,300	-24,860,500
Net Change in Cash	-300,900	588,300	327,900	-1,451,000

Cash flow annual history for Educational Development Corporation (EDUC).
Cash Flow Statement (Annual)	2025-02-28	2024-02-29	2023-02-28	2022-02-28	2021-02-28
Operating Activities
Net Income	-5,263,600	546,400	-2,504,900	8,306,800	12,624,000
Depreciation & Amortization	1,724,900	2,487,200	2,478,700	2,126,700	1,633,200
Stock Based Compensation	403,300	212,000	907,800	1,046,500	938,600
Change in Working Capital	6,963,300	10,012,200	-860,900	-32,766,200	-6,813,100
Operating Cash Flow	3,211,700	8,750,600	58,500	-21,143,300	7,817,700
Investing Activities
Capital Expenditure	-439,400	-821,800	-1,578,800	-3,717,200	-4,145,300
Investments	-439,400	-821,800	-1,578,800	-3,717,200	-4,145,300
Investing Cash Flow	-429,600	4,037,099	-1,755,800	-3,940,900	-4,145,300
Financing Activities
Debt Repayment	-3,100,000	-6,499,100	-25,900,100	-1,277,700	-9,274,400
Common Stock Issued/Repurchased	17,000	-563,900	63,400	617,100	-22,400
Dividends Paid	0	0	-870,700	-3,429,100	-2,255,500
Financing Cash Flow	-3,083,000	-12,199,400	2,025,200	23,633,200	-4,859,600
Summary
Free Cash Flow	2,772,300	7,928,800	-1,520,300	-24,860,500	3,672,400
Net Change in Cash	-300,900	588,300	327,900	-1,451,000	-1,187,200