EDUCATIONAL DEVELOPMENT CORP
Financial highlights
| Metric | FY 02/28/26 | FY 02/28/25 | FY 02/29/24 | FY 02/28/23 | FY 02/28/22 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $22.9M | $34.2M | $51.0M | $87.8M | $142.2M |
| Cost of revenue | $9.3M | $13.2M | $18.0M | $31.8M | $44.3M |
| Gross profit | $13.6M | $21.0M | $33.0M | $56.1M | $97.9M |
| Selling, general & administrative | $3.5M | $5.8M | $8.8M | $15.8M | $23.0M |
| Operating expenses | $20.8M | $27.8M | $38.9M | $58.7M | $87.7M |
| Interest expense | $1.5M | $2.2M | $2.8M | $2.2M | $916,400 |
| Pretax income | $5.3M | -$6.9M | $734,500 | -$3.4M | $11.2M |
| Income tax expense | $3.0M | -$1.6M | $188,100 | -$922,000 | $2.9M |
| Net income | $2.3M | -$5.3M | $546,400 | -$2.5M | $8.3M |
| Balance Sheet | |||||
| Cash and equivalents | $1.1M | $428,400 | $844,500 | $689,100 | $361,200 |
| Current assets | $20.6M | $52.2M | $66.0M | $63.6M | $76.5M |
| Total assets | $54.3M | $78.3M | $90.1M | $99.9M | $109.9M |
| Current liabilities | $6.2M | $37.2M | $17.0M | $54.1M | $40.3M |
| Total liabilities | $11.5M | $37.7M | $44.7M | $54.7M | $63.2M |
| Stockholders' equity | $42.8M | $40.6M | $45.5M | $45.2M | $46.8M |
| Cash Flow Statement | |||||
| Cash from operations | $2.0M | $3.2M | $8.8M | $58,500 | -$21.1M |
| Depreciation and amortization | $1.4M | $1.7M | $2.5M | $2.5M | $2.1M |
| Stock-based compensation | $0 | $403,300 | $212,000 | $907,800 | $1.0M |
| Capital expenditure | $542,800 | $439,400 | $821,800 | $1.6M | $3.7M |
| Free cash flow | $1.5M | $2.8M | $7.9M | -$1.5M | -$24.9M |
| Dividends paid | — | — | $0 | $870,700 | $3.4M |
| Share repurchases | $137,900 | $700 | $563,900 | $0 | — |
| Impairments | $287,100 | $318,100 | $0 | $0 | $0 |
Shares outstanding 8.5M · Free float 84.7%
Annual filing data through FY ended February 28, 2026; float as of July 8, 2026.