EDUCATIONAL DEVELOPMENT CORP

Listed Company

EDUCCIK 0000031667NasdaqNon-AcceleratedSmaller ReportingWholesale-Miscellaneous Nondurable GoodsDelawareFY ends Feb 28

Period

FY 2026

Revenue

$22.91M

Net Income

$2.33M

Total Assets

$54.31M

Equity

$42.79M

Shares Out

8.51M

Op. Cash Flow

$2.01M

EDUC$1.48+10.07% · past yearDBEQ Basic

Daily closing prices

Business

Educational Development Corp is the owner and exclusive publisher of Kane Miller children's books, Learning Wrap-Ups educational manipulatives, and SmartLab Toys STEAM products, and the exclusive U.S. multi-level marketing distributor of Usborne Publishing children's books. The company sells through two channels: a direct-sales division using independent Brand Partners for home parties and events, and a publishing division using commissioned representatives and trade shows to reach retail bookstores, toy stores, and specialty retailers. Products include interactive and educational titles, manipulatives, toys, and games distributed domestically and internationally.

Summary from 10-K filed 2026-05-19

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2026 2026-02-28	FY 2025 2025-02-28	FY 2024 2024-02-29	FY 2023 2023-02-28	FY 2022 2022-02-28
NET REVENUES	23	34	51	88	142
COST OF GOODS SOLD	9	13	18	32	44
Gross margin	14	21	33	56	98
Operating and selling	3	6	9	16	23
Sales commissions	6	10	16	26	44
General and administrative	11	12	14	17	20
Total operating expenses	21	28	39	59	88
INTEREST EXPENSE	1	2	3	2	916,400
Gain from sale of assets - net	−12	0	—	—	—
Other - net	−2	−2	—	—	—
Total other income	−14	−2	−9	−1	—
EARNINGS (LOSS) BEFORE INCOME TAXES	5	−7	734,500	−3	11
INCOME TAX EXPENSE (BENEFIT)	3	−2	188,100	−922,000	3
NET EARNINGS (LOSS)	2	−5	546,400	−3	8
Basic (in Dollars per share)	0.27	−0.63	0.07	−0.31	1.03
Diluted (in Dollars per share)	0.27	−0.63	0.07	−0.31	0.98
Basic (in Shares)	9	8	8	8	8
Diluted (in Shares)	9	8	8	8	8
Dividends per share (in Dollars per share)	0	0	0	0	0.4

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2026 2026-02-28	FY 2025 2025-02-28	FY 2024 2024-02-29	FY 2023 2023-02-28	FY 2022 2022-02-28
Cash and cash equivalents	1	428,400	844,500	689,100	361,200
Restricted cash	222,000	548,100	432,900	0	—
Accounts receivable, less allowance for credit losses of $109,600 (2026) and $112,300 (2025)	861,300	2	2	3	4
Inventories - net	17	29	44	59	72
Prepaid expenses and other assets	374,600	768,100	630,800	869,300	960,500
Assets held for sale	563,600	19	18	0	—
Total current assets	21	52	66	64	77
INVENTORIES - net	20	16	12	5	2
PROPERTY, PLANT AND EQUIPMENT - net	6	6	9	30	30
DEFERRED INCOME TAX ASSET - net	0	3	1	796,800	118,700
OPERATING LEASE RIGHT-OF-USE ASSETS	7	1	2	823,600	—
OTHER ASSETS	500,500	431,700	427,600	388,800	761,600
TOTAL ASSETS	54	78	90	100	110
Accounts payable	2	2	4	4	12
Line of credit	0	4	5	11	18
Deferred revenues	320,500	491,800	583,500	602,700	681,600
Operating lease liabilities, current	1	697,000	726,900	347,800	—
Current maturities of long-term debt	0	27	2	35	3
Accrued salaries and commissions	218,600	313,700	384,400	828,200	2
Income taxes payable	1	460,900	773,400	0	241,900
Other current liabilities	1	3	3	3	4
Total current liabilities	6	37	17	54	40
OPERATING LEASE LIABILITIES, noncurrent	5	411,100	888,000	475,800	—
OTHER LONG-TERM LIABILITIES	5,200	112,900	111,000	111,000	498,900
Total liabilities	12	38	45	55	63
Common stock, $0.20 par value; Authorized 16,000,000 shares; Issued 12,702,080 shares; Outstanding 8,511,364 (2026) and 8,583,201 (2025) shares	3	3	3	3	3
Capital in excess of par value	14	14	13	13	12
Retained earnings	40	37	43	42	45
Accumulated other comprehensive loss	0	−15,400	24,400	0	—
Stockholders' Equity before Treasury Stock	56	54	59	58	59
Less treasury stock, at cost	−13	−13	−13	−13	−13
Total shareholders equity	43	41	45	45	47
TOTAL LIABILITIES AND SHAREHOLDERS EQUITY	54	78	90	100	110

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2026 2026-02-28	FY 2025 2025-02-28	FY 2024 2024-02-29	FY 2023 2023-02-28	FY 2022 2022-02-28
Depreciation and amortization	1	2	2	2	2
Deferred income taxes	3	−1	−609,700	−678,100	−208,600
Provision for credit losses	36,000	48,000	33,300	0	115,800
Provision for inventory valuation allowance	144,000	144,000	85,900	715,900	235,700
Share-based compensation expense - net	0	403,300	212,000	907,800	1
Net loss (gain) on sale of assets	−12	3,300	−4	0	—
Impairment loss on assets	287,100	318,100	—	—	—
Accounts receivable	1	−237,100	936,500	732,100	−407,900
Inventories - net	7	11	8	9	−21
Prepaid expenses and other assets	297,800	−168,300	197,100	−233,200	−209,200
Accounts payable	−161,000	−2	46,300	−9	−6
Accrued salaries and commissions and other liabilities	−1	−918,400	−51,900	−2	−3
Deferred revenues	−171,300	−91,700	−19,200	−78,900	−2
Income taxes payable/receivable	685,900	−312,500	773,400	−241,900	111,700
Total adjustments	−319,900	8	8	3	−29
Net cash provided by operating activities	2	3	9	58,500	−21
Purchases of property, plant and equipment	−542,800	−439,400	−821,800	−2	−4
Proceeds from sale of assets	30	9,800	5	—	—
Net cash provided by (used in) investing activities	29	−429,600	4	−2	−4
Payments on term debt	−27	−2	−6	−26	−1
Cash paid to acquire treasury stock	−137,900	−700	−563,900	0	—
Sales of treasury stock	20,200	17,700	0	63,400	617,100
Net payments under line of credit	−4	−1	−5	−7	12
Net cash used in financing activities	−31	−3	−12	2	24
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	363,900	−300,900	588,300	327,900	−1
Cash paid for interest	1	2	3	2	890,000
Cash (received)/paid for income taxes - net of refunds	−200,500	−274,300	24,400	−3,900	3
Fair value of the interest rate exchange agreement	0	−39,800	24,400	—	—
Leased assets obtained in exchange for operating lease liabilities	6	282,800	—	—	—
Inventory donations	291,700	0	—	—	—

Filings

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Frequently asked questions

What is EDUCATIONAL DEVELOPMENT CORP's CIK number?

EDUCATIONAL DEVELOPMENT CORP's SEC CIK number is 0000031667 (31667). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find EDUCATIONAL DEVELOPMENT CORP's SEC filings?

All of EDUCATIONAL DEVELOPMENT CORP's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did EDUCATIONAL DEVELOPMENT CORP last report earnings?

EDUCATIONAL DEVELOPMENT CORP (EDUC) most recently filed an earnings 8-K with the SEC on Jul 9, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001185185-26-002865). This is EDUCATIONAL DEVELOPMENT CORP's most recent earnings filing of record — not a forecast of its next earnings date.

What is EDUCATIONAL DEVELOPMENT CORP's most recent earnings 8-K?

EDUCATIONAL DEVELOPMENT CORP's latest earnings 8-K (Item 2.02) was filed Jul 9, 2026 under accession 0001185185-26-002865. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

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