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Ambow Education Holding (AMBO) earnings and revenue breakdown
Latest: Q2 2026 · 10-Q filed Aug 14, 2026 · Ambow Education Holding (AMBO) Q2 2026 earnings results →
Q2 2026 Revenue down 14% year over year to $2.4M · 6¢ of every $1 of revenue lost · operating margin -5.3%
Ambow Education Holding made $2.4M in Q2 2026 (-14% Y/Y): Educational Programs and Services $2.0M, Hybri ULicensing and Selling $399K. Operating margin -5.3%, net loss $146K. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 14, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $2.4M in Q2 2026, down 13% year over year and down 15% from the previous quarter. Educational Programs and Services was the largest line at 83% of revenue. Hybri ULicensing and Selling lost $455K year over year (down 53%), 122% of the total change.
Gross margin was 51.4%, down 1.9 points from a year earlier. Operating costs exceeded revenue by $128K, an operating margin of -5.3%. Operating expenses grew 18% against a revenue fall of 13%. The fastest-growing cost line was Research & development (+116%). The quarter ended with a net loss of $146K, after a profit of $424K the previous quarter.
Operating cash flow was $1.1M (down 44% year over year). Non-cash charges added back $26K of depreciation. Working capital and other items added $1.2M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 10-Q | Aug 14, 2026 | $2.4M | -14% | -5.3% | −$146K | $1.1M |
| Q1 2026 | 10-Q | May 11, 2026 | $2.8M | +21% | 15.8% | $424K | −$1.2M |
Charts
Interactive views
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💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
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🔍Earnings qualityinteractive
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⚖️Fair value by methodinteractive
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🔭Outlook & guidanceinteractive
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📈Investments: gains and what it boughtinteractive
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🏭Its industry’s money flow (input-output)interactive
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About Ambow Education Holding
Ambow Education Holding Ltd. is not an operating company but a Cayman Islands holding company with operations primarily conducted by its subsidiaries in the U.S. Investors in our securities should be aware that they may never directly hold equity interests in our operating entities but rather are purchasing equity solely in Ambow Education Holding Ltd., our Cayman Islands holding company, which does not directly own substantially all of our business conducted by our U.S. subsidiaries. Our founder, Dr. Jin Huang, laid the foundation for Ambow in 2000. From its inception through January 2017, Ambow primarily operated in the Chinese market through a network of subsidiaries and Variable Interest Entities (VIEs).
In its own words, from its 10-K, filed Feb 13, 2026.
Ambow Education Holding against its Services-Educational Services peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: -14% against the peers' median +3%. Operating margin: -5.3% against the peers' median 12.0%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| AMBO Ambow Education Holding | Q2 2026 | $2.4M | -14% | -5.3% |
| GHC Graham Holdings | Q3 2026 | $1.3B | +4% | 6.4% |
| BSAA Best SPAC I Acquisition | Q1 2026 | $1.2B | — | 0.0% |
| LRN Stride | Q1 FY27 | $639M | +3% | 13.2% |
| CVSA Covista | Q1 FY27 | $512M | +11% | 19.2% |
| LAUR Laureate Education | Q3 2026 | $485M | +21% | 24.6% |
| STRA Strategic Education | Q3 2026 | $325M | +2% | -26.9% |
| LOPE Grand Canyon Education | Q3 2026 | $267M | +2% | 19.3% |
| PXED Phoenix Education Partners | Q4 FY26 | $261M | +1% | 12.0% |
Source: Ambow Education Holding 10-Q on SEC EDGAR · CIK 1494558 · Services-Educational Services
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History
Every quarter: Q2 2026 results · Q1 2026 results