EDUC · Educational Development Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.11M | $7.01M | $4.62M | $9.99M | $11.05M | $6.51M | $14.52M | $16.94M | $10.59M | $23.16M |
| Cost of Revenue | $2.97M | $2.70M | $1.93M | $3.53M | $4.15M | $2.86M | $5.15M | $5.80M | $3.68M | $7.85M |
| Gross Profit | $4.14M | $4.31M | $2.69M | $6.46M | $6.90M | $3.65M | $9.37M | $11.14M | $6.91M | $15.31M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $994.6K | $1.18M | $739.5K | $1.88M | $1.74M | $1.39M | $2.40M | $2.98M | $1.92M | $3.77M |
| Total Operating Expenses | $5.70M | $5.81M | $4.51M | $8.14M | $8.10M | $6.14M | $10.23M | $12.08M | $8.97M | $15.03M |
| D&A | $366.1K | - | - | $486.6K | - | - | $683.6K | - | - | $599.6K |
| Operating Income | ($1.45M) | $10.64M | ($1.75M) | ($1.75M) | ($1.11M) | ($2.47M) | ($1.20M) | $2.70M | $1.45M | $285.3K |
| Interest Expense | $504.3K | $369.8K | $603.2K | $576.7K | $575.4K | $545.7K | $733.4K | $726.2K | $743.3K | $388.1K |
| Income Tax | ($374.1K) | $2.84M | ($455.5K) | ($468.0K) | ($276.2K) | ($662.7K) | ($327.8K) | $723.9K | $391.2K | $69.5K |
| Net Income | ($1.08M) | $7.80M | ($1.29M) | ($1.28M) | ($835.7K) | ($1.80M) | ($872.8K) | $1.97M | $1.06M | $215.8K |
| EPS - Basic | ($0.13) | $0.91 | ($0.15) | ($0.15) | ($0.10) | ($0.22) | ($0.11) | $0.24 | $0.13 | $0.03 |
| EPS - Diluted | ($0.13) | $0.91 | ($0.15) | ($0.15) | ($0.10) | ($0.22) | ($0.11) | $0.24 | $0.13 | $0.03 |
Balance Sheet
| Line item | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.12M | $3.11M | $754.2K | $428.4K | $2.29M | $753.8K | $844.5K | $3.14M | $1.48M | $689.1K |
| Accounts Receivable | $861.3K | $759.7K | $1.77M | $2.13M | $2.18M | $2.08M | $1.94M | $1.84M | $1.99M | $2.91M |
| Inventory | $17.41M | $22.49M | $23.62M | $29.10M | $32.06M | $35.53M | $43.91M | $48.23M | $53.68M | $59.09M |
| Accounts Payable | $1.69M | $2.05M | $1.60M | $1.85M | $2.33M | $2.62M | $3.91M | $5.14M | $4.98M | $3.86M |
| Current Assets | $20.55M | $27.67M | $46.72M | $52.25M | $57.55M | $58.85M | $66.04M | $73.31M | $59.91M | $63.55M |
| Total Assets | $54.31M | $59.46M | $74.24M | $78.31M | $83.60M | $85.19M | $90.11M | $95.50M | $98.96M | $99.94M |
| Current Liabilities | $6.17M | $8.14M | $35.82M | $37.22M | $15.81M | $16.02M | $17.01M | $20.16M | $21.25M | $54.12M |
| Long-term Debt | $0 | $0 | $0 | $0 | $25.32M | $25.76M | $26.64M | $27.08M | $32.22M | $0 |
| Total Liabilities | $11.52M | $13.56M | $36.02M | $37.75M | $41.80M | $42.66M | $44.65M | $48.38M | $53.88M | $54.70M |
| Stockholders' Equity | $42.79M | $45.90M | $38.21M | $40.57M | $41.81M | $42.54M | $45.45M | $47.12M | $45.08M | $45.23M |
| Retained Earnings | $39.63M | $42.74M | $34.93M | $37.30M | $38.65M | $39.48M | $42.57M | $44.18M | $42.21M | $42.02M |
Cash Flow
| Line item | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.40M | - | - | $1.20M | - | - | $1.18M | - | - | ($2.20M) |
| Investing Cash Flow | ($162.4K) | - | - | ($108.2K) | - | - | ($300.9K) | - | - | ($108.8K) |
| Financing Cash Flow | ($450.0K) | - | - | ($341.4K) | - | - | ($689.2K) | - | - | $3.36M |
| CapEx | $207.4K | - | - | $112.2K | - | - | $300.9K | - | - | $108.8K |
| Free Cash Flow | $1.19M | - | - | $1.09M | - | - | $876.2K | - | - | ($2.31M) |
Ratios
| Metric | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 58.2% | 61.5% | 58.2% | 64.6% | 62.5% | 56.0% | 64.5% | 65.8% | 65.2% | 66.1% |
| Operating margin | -20.4% | 151.9% | -37.9% | -17.5% | -10.1% | -37.9% | -8.3% | 15.9% | 13.7% | 1.2% |
| EBITDA margin | -15.2% | - | - | -12.6% | - | - | -3.6% | - | - | 3.8% |
| Net margin | -15.1% | 111.3% | -28.0% | -12.8% | -7.6% | -27.7% | -6.0% | 11.6% | 10.0% | 0.9% |
| Free cash flow margin | 16.7% | - | - | 10.9% | - | - | 6.0% | - | - | -10.0% |
| FCF / Net income | -1.11 | - | - | -0.85 | - | - | -1.00 | - | - | -10.68 |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 14.0% | 16.9% | 16.0% | 18.8% | 15.8% | 21.3% | 16.5% | 17.6% | 18.1% | 16.3% |
| Effective tax rate | - | 26.7% | - | - | - | - | - | 26.9% | 26.9% | 24.4% |
| Return on assets | -2.0% | 13.1% | -1.7% | -1.6% | -1.0% | -2.1% | -1.0% | 2.1% | 1.1% | 0.2% |
| Return on equity | -2.5% | 17.0% | -3.4% | -3.2% | -2.0% | -4.2% | -1.9% | 4.2% | 2.4% | 0.5% |
| Return on invested capital | -2.7% | 17.0% | -3.6% | -3.4% | -1.3% | -2.9% | -1.3% | 2.7% | 1.4% | 0.5% |
| Liquidity | ||||||||||
| Current ratio | 3.33 | 3.40 | 1.30 | 1.40 | 3.64 | 3.67 | 3.88 | 3.64 | 2.82 | 1.17 |
| Quick ratio | 0.51 | 0.64 | 0.64 | 0.62 | 1.61 | 1.46 | 1.30 | 1.24 | 0.29 | 0.08 |
| Cash ratio | 0.18 | 0.38 | 0.02 | 0.01 | 0.14 | 0.05 | 0.05 | 0.16 | 0.07 | 0.01 |
| Leverage | ||||||||||
| Debt / Equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.61 | 0.61 | 0.59 | 0.57 | 0.71 | 0.00 |
| Debt / Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.30 | 0.30 | 0.30 | 0.28 | 0.33 | 0.00 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | 0.00 |
| Interest coverage | -2.9x | 28.8x | -2.9x | -3.0x | -1.9x | -4.5x | -1.6x | 3.7x | 2.0x | 0.7x |
| Equity multiplier | 1.27 | 1.30 | 1.94 | 1.93 | 2.00 | 2.00 | 1.98 | 2.03 | 2.20 | 2.21 |
| Liabilities / Assets | 0.21 | 0.23 | 0.49 | 0.48 | 0.50 | 0.50 | 0.50 | 0.51 | 0.54 | 0.55 |
| Efficiency | ||||||||||
| Asset turnover | 0.13 | 0.12 | 0.06 | 0.13 | 0.13 | 0.08 | 0.16 | 0.18 | 0.11 | 0.23 |
| Inventory turnover | 0.17 | 0.12 | 0.08 | 0.12 | 0.13 | 0.08 | 0.12 | 0.12 | 0.07 | 0.13 |
| Days sales outstanding | 44d | 40d | 140d | 78d | 72d | 117d | 49d | 40d | 69d | 46d |
| Days inventory outstanding | 2140d | 3042d | 4461d | 3006d | 2821d | 4531d | 3112d | 3034d | 5318d | 2747d |
| Days payable outstanding | 207d | 277d | 302d | 191d | 205d | 334d | 277d | 323d | 493d | 180d |
| Cash conversion cycle | 1977d | 2804d | 4299d | 2892d | 2687d | 4313d | 2884d | 2750d | 4894d | 2613d |
| Valuation | ||||||||||
| P / E | - | 1.4x | - | - | - | - | - | 3.5x | 11.7x | 122.7x |
| P / B | 0.3x | 0.2x | 0.3x | 0.3x | 0.4x | 0.4x | 0.3x | 0.1x | 0.3x | 0.7x |
| P / S | 1.6x | 1.5x | 2.2x | 1.2x | 1.4x | 2.6x | 1.0x | 0.4x | 1.2x | 1.3x |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | 34.5x |
| Growth | ||||||||||
| Revenue growth (YoY) | -28.9% | -36.6% | -29.0% | -31.2% | -34.8% | -38.6% | -37.3% | -44.0% | -45.4% | -43.2% |
| Revenue CAGR (3y) | -32.6% | -38.6% | -38.0% | -37.4% | -37.4% | -41.8% | -27.6% | -36.7% | -43.7% | -5.7% |
| Revenue CAGR (5y) | -28.6% | -36.3% | -40.0% | -18.4% | -23.0% | -23.2% | - | -16.0% | -15.6% | -5.1% |
| Gross profit growth (YoY) | -36.0% | -37.6% | -26.3% | -31.1% | -38.0% | -47.2% | -38.8% | -42.1% | -44.6% | -46.8% |
| Operating income growth (YoY) | 17.0% | - | 29.0% | -45.5% | - | - | - | 224566.7% | - | -89.2% |
| Net income growth (YoY) | 15.9% | - | 28.2% | -46.5% | - | - | - | 219022.2% | - | -93.7% |
| EPS growth (YoY) | 13.3% | - | 31.8% | -36.4% | - | - | - | - | - | -92.7% |
| EPS CAGR (3y) | - | - | - | - | - | - | - | -22.2% | -36.6% | -43.9% |
| EPS CAGR (5y) | - | 12.3% | - | - | - | - | - | -6.7% | -6.3% | -41.6% |
| FCF growth (YoY) | 9.2% | - | - | 24.3% | - | - | - | - | - | 64.5% |
| FCF CAGR (5y) | -37.5% | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 5.5% | 9.8% | -10.2% | -10.7% | -11.3% | -5.6% | 0.5% | 0.5% | -3.3% | -3.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2026-02-28.
Business segments
$22.91M totalPaper Pie$19.34M · 84.4%
Publishing$3.57M · 15.6%
Product / service
$9.07M totalUsborne Products$9.07M · 100.0%
Peer comparison
Same SIC group: Wholesale-Miscellaneous Nondurable Goods
Comparing EDUCATIONAL DEVELOPMENT CORP against the 4 most active filers in the same SIC group.
Dividends
$0.00/share trailing 12 months
| Ex-date | Per share |
|---|---|
| Feb 18, 2022 | $0.1000 |
| Nov 17, 2021 | $0.1000 |
| Aug 23, 2021 | $0.1000 |
| Jun 1, 2021 | $0.1000 |
| Feb 22, 2021 | $0.1000 |
| Nov 18, 2020 | $0.1000 |
| Aug 19, 2020 | $0.0600 |
| Jun 1, 2020 | $0.0600 |
| Feb 24, 2020 | $0.0500 |
| Nov 13, 2019 | $0.0500 |
| Aug 21, 2019 | $0.0500 |
| Jun 3, 2019 | $0.0500 |
| Feb 20, 2019 | $0.0500 |
| Nov 26, 2018 | $0.0500 |
| Sep 14, 2018 | $0.0500 |
| Jun 1, 2018 | $0.0500 |
| Dec 7, 2016 | $0.0450 |
| Sep 14, 2016 | $0.0450 |
| Jun 8, 2016 | $0.0450 |
| Mar 9, 2016 | $0.0450 |
| Dec 9, 2015 | $0.0450 |
| Sep 9, 2015 | $0.0450 |
| Jun 10, 2015 | $0.0400 |
| Mar 11, 2015 | $0.0400 |