Company research
EDUCATIONAL DEVELOPMENT CORP
CIK 31667Updated Sep 24, 2026
SecurityEDUC · NASDAQ · equity
EDUC price & chart
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NASDAQ:EDUC on TradingView ↗About the company
EDC began as a publishing company specializing in books for children. EDC is the owner and exclusive publisher of Kane Miller Books (“Kane Miller”); Learning Wrap-Ups, maker of educational manipulatives; and SmartLab Toys, maker of STEAM-based toys and games. EDC is also the exclusive United States MLM distributor of Usborne Publishing Limited (“Usborne”) children’s books. EDC-owned products are sold via 4,000 retail outlets and EDC and Usborne products are offered by independent brand partners who hold book showings through social media, book fairs with schools and public libraries, in individual homes, as well as other in-person events and internet sales.
In the news
No coverage from other publishers is available.
Recent filings
Regulation FD Disclosure
Items 7.01, 9.01
Submission of Matters to a Vote of Security Holders
Items 5.07
10-Q filing
Results of Operations and Financial Condition · Regulation FD Disclosure
Items 2.02, 7.01, 9.01
Regulation FD Disclosure
Items 7.01, 9.01
Show 5 more recent filings
Financials
FY 2026 · USDSource
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balance sheet · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 54,311,600Source | 78,314,300Source | 90,105,000Source | 99,936,800Source |
| Property, Plant and Equipment, NetUSD | 6,291,200Source | 6,398,700Source | 8,939,600Source | 29,656,400Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 1,118,400Source | 428,400Source | 844,500Source | 689,100Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 861,300Source | 2,126,000Source | 1,936,900Source | 2,906,700Source |
| Inventory, NetUSD | 17,412,200Source | 29,099,600Source | 43,913,200Source | 59,086,500Source |
| Assets, CurrentUSD | 20,552,100Source | 52,247,200Source | 66,039,400Source | 63,551,600Source |
| Prepaid Expense and Other Assets, CurrentUSD | 374,600Source | 768,100Source | 630,800Source | 869,300Source |
| Operating Lease, Right-of-Use AssetUSD | 6,716,100Source | 1,108,100Source | 1,614,900Source | 823,600Source |
| Other Assets, NoncurrentUSD | 500,500Source | 431,700Source | 427,600Source | 1,212,400Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 11,521,100Source | 37,746,700Source | 44,654,300Source | 54,705,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 2,540,400Source | 2,540,400Source | 2,540,400Source | 2,540,400Source |
| Retained Earnings (Accumulated Deficit)USD | 39,628,200Source | 37,303,000Source | 42,566,600Source | 42,020,200Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 0Source | -15,400Source | 24,400Source | — |
| Stockholders' Equity Attributable to ParentUSD | 42,790,500Source | 40,567,600Source | 45,450,700Source | 45,231,800Source |
| Additional Paid in Capital, Common StockUSD | 13,769,400Source | 13,800,000Source | 13,405,400Source | 13,193,400Source |
| Liabilities and EquityUSD | 54,311,600Source | 78,314,300Source | 90,105,000Source | 99,936,800Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 6,171,500Source | 37,222,700Source | 17,014,600Source | 54,118,200Source |
| Operating Lease, Liability, CurrentUSD | 1,371,700Source | 697,000Source | 726,900Source | 347,800Source |
| Accounts Payable, CurrentUSD | 1,686,400Source | 1,847,400Source | 3,910,200Source | 3,863,900Source |
| Operating Lease, Liability, NoncurrentUSD | 5,344,400Source | 411,100Source | 888,000Source | 475,800Source |
| Other Liabilities, NoncurrentUSD | 5,200Source | 112,900Source | 111,000Source | 586,800Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 267,700Source | 897,700Source | 1,393,000Source | 1,189,900Source |
| Deferred Revenue, CurrentUSD | 320,500Source | 491,800Source | 583,500Source | 602,700Source |
| Dividends Payable, CurrentUSD | — | — | — | 0Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 0Source | 0Source | — | 0Source |
| Long-term Debt, Current MaturitiesUSD | 0Source | 26,685,500Source | 1,800,000Source | 34,894,900Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 0Source | 0Source | 26,640,700Source | 0Source |
cash flow · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 1,391,700Source | 1,724,900Source | 2,487,200Source | 2,478,700Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 0Source | 403,300Source | 212,000Source | 907,800Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -1,228,700Source | 237,100Source | -936,500Source | -732,100Source |
| Increase (Decrease) in InventoriesUSD | -6,884,200Source | -10,754,100Source | -8,130,000Source | -9,086,900Source |
| Increase (Decrease) in Accounts PayableUSD | -161,000Source | -2,062,800Source | 46,300Source | -8,547,900Source |
| Deferred Income Tax Expense (Benefit)USD | 2,704,800Source | -1,591,400Source | 188,100Source | -922,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 2,005,300Source | 3,211,700Source | 8,750,600Source | 58,500Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 29,389,800Source | -429,600Source | 4,037,100Source | -1,755,800Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 542,800Source | 439,400Source | 821,800Source | 1,578,800Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 137,900Source | 700Source | 563,900Source | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -31,031,200Source | -3,083,000Source | -12,199,400Source | 2,025,200Source |
| Dividends paid | — | — | — | — |
| Repayments of Long-term DebtUSD | 26,715,400Source | 1,800,000Source | 6,499,100Source | 25,900,100Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 1,340,400Source | 976,500Source | 1,277,400Source | 689,100Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 1,337,500Source | 2,156,300Source | 2,805,800Source | 1,986,000Source |
| Income Taxes Paid, NetUSD | -200,500Source | -274,300Source | 24,400Source | -3,900Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 0Source | 403,300Source | — | — |
| Dividends Payable, CurrentUSD | — | — | — | 0Source |
| Gain (Loss) on Disposition of AssetsUSD | 12,190,900Source | -3,300Source | — | — |
| Gain (Loss) on Disposition of Other AssetsUSD | — | — | 4,016,700Source | — |
| Gain (Loss) on Sale of Assets and Asset Impairment ChargesUSD | 12,190,900Source | — | 4,016,700Source | — |
| General and Administrative ExpenseUSD | 10,928,100Source | 11,955,100Source | 13,991,000Source | 17,195,100Source |
| Income Tax Expense (Benefit)USD | 3,021,600Source | -1,591,400Source | 188,100Source | -922,000Source |
| Net Income (Loss) Attributable to ParentUSD | 2,325,200Source | -5,263,600Source | 546,400Source | -2,504,900Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 2,325,200Source | -5,263,600Source | 546,400Source | -2,504,900Source |
| Operating ExpensesUSD | 20,789,700Source | 27,803,300Source | 38,885,800Source | 58,651,800Source |
| Other Nonoperating Income (Expense)USD | 14,011,100Source | 2,109,000Source | 9,394,300Source | — |
income statement · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total RevenueUSD | 22,913,600Source | 34,191,000Source | 51,030,300Source | 87,829,000Source |
| Cost of RevenueUSD | 9,309,300Source | 13,163,300Source | 18,045,400Source | 31,759,200Source |
| Selling, General and Administrative ExpenseUSD | 3,462,400Source | 5,751,600Source | 8,789,200Source | 15,780,600Source |
| Other Nonoperating Income (Expense)USD | 14,011,100Source | 2,109,000Source | 9,394,300Source | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 5,346,800Source | -6,855,000Source | 734,500Source | -3,426,900Source |
| Income Tax Expense (Benefit)USD | 3,021,600Source | -1,591,400Source | 188,100Source | -922,000Source |
| Net Income (Loss) Attributable to ParentUSD | 2,325,200Source | -5,263,600Source | 546,400Source | -2,504,900Source |
| Earnings Per Share, BasicUSD per share | 0.27Source | -0.63Source | 0.07Source | -0.31Source |
| Earnings Per Share, DilutedUSD per share | 0.27Source | -0.63Source | 0.07Source | -0.31Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 8,563,491Source | 8,348,971Source | 8,269,971Source | 8,157,704Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 8,563,491Source | 8,348,971Source | 8,285,230Source | 8,157,704Source |
| Additional Financial Items | ||||
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 0Source | 0Source | 0Source | 0Source |
| Current Income Tax Expense (Benefit)USD | 316,800Source | 0Source | 0Source | 0Source |
| General and Administrative ExpenseUSD | 10,928,100Source | 11,955,100Source | 13,991,000Source | 17,195,100Source |
| Gross ProfitUSD | 13,604,300Source | 21,027,700Source | 32,984,900Source | 56,069,800Source |
| Interest ExpenseUSD | 1,478,900Source | 2,188,400Source | 2,758,900Source | 2,172,300Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 2,325,200Source | -5,263,600Source | 546,400Source | -2,504,900Source |
| Operating ExpensesUSD | 20,789,700Source | 27,803,300Source | 38,885,800Source | 58,651,800Source |
| Other IncomeUSD | — | — | — | 1,327,400Source |
Filing attachments
educex99-1.htm · 8-K · 2026-09-09
EX-99.1 2 educex99-1.htm EXHIBIT 99.1 Exhibit 99.1 PRESS RELEASE EDUCATIONAL DEVELOPMENT CORPORATION ANNOUNCES FISCAL YEAR 2027 SECOND QUARTER EARNINGS CALL TULSA, OK, September 9, 2026 - Educational Development Corporation (“EDC”, or the “Company”) (NASDAQ: EDUC) (http://www.edcpub.com) today announces the time and date of their fiscal year 2027 second quarter earnings call. EDC will host its Fiscal Year 2027 Second Quarter Earnings Call, including a live Q&A webcast, on Wednesday, Oct…
Read attachment ↗educex99-1.htm · 8-K · 2026-07-09
EX-99.1 2 educex99-1.htm EXHIBIT 99.1 Exhibit 99.1 EDUCATIONAL DEVELOPMENT CORPORATION ANNOUNCES FISCAL 2027 FIRST QUARTER RESULTS TULSA, OK, July 9, 2025 - Educational Development Corporation (“EDC”, or the “Company”) (NASDAQ: EDUC), a publishing company specializing in books and educational products for children, today reports financial results for the fiscal first quarter ended May 31, 2026. First Quarter Summary Compared to the Prior Year First Quarter Net revenues were $4.8 milli…
Read attachment ↗educex99-1.htm · 8-K · 2026-06-16
EX-99.1 2 educex99-1.htm EXHIBIT 99.1 Exhibit 99.1 PRESS RELEASE EDUCATIONAL DEVELOPMENT CORPORATION ANNOUNCES FISCAL YEAR 2027 FIRST QUARTER EARNINGS CALL TULSA, OK, June 16, 2026 - Educational Development Corporation (“EDC”, or the “Company”) (NASDAQ: EDUC) (http://www.edcpub.com) today announces the time and date of their fiscal year 2027 first quarter earnings call. EDC will host its Fiscal Year 2027 First Quarter Earnings Call, including a live Q&A webcast, on Thursday, July 9, 202…
Read attachment ↗educex99-1.htm · 8-K · 2026-05-19
EX-99.1 2 educex99-1.htm EXHIBIT 99.1 EXHIBIT 99.1 EDUCATIONAL DEVELOPMENT CORPORATION ANNOUNCES FISCAL FOURTH QUARTER AND FISCAL 2026 RESULTS TULSA, OK, May 19, 2026 - Educational Development Corporation (“EDC”, or the “Company”) (NASDAQ: EDUC), a publishing company specializing in books and educational products for children, today reports financial results for the fiscal fourth quarter and fiscal year ended February 28, 2026. Fiscal Year Summary Compared to the Prior Year Net reve…
Read attachment ↗educex99-1.htm · 8-K · 2026-04-21
EX-99.1 2 educex99-1.htm EXHIBIT 99.1 Exhibit 99.1 PRESS RELEASE EDUCATIONAL DEVELOPMENT CORPORATION ANNOUNCES FISCAL YEAR 2026 EARNINGS CALL, 2026 ANNUAL MEETING OF SHAREHOLDERS AND RECORD DATE TULSA, OK, April 21, 2026 - Educational Development Corporation (“EDC”, or the “Company”) (NASDAQ: EDUC) (http://www.edcpub.com) today announces the time and date of their fiscal year 2026 earnings call, as well as the date of the Annual Shareholders Meeting and record date for Shareholder Proxy…
Read attachment ↗educex99-1.htm · 8-K · 2026-03-11
EX-99.1 3 educex99-1.htm EXHIBIT 99.1 Exhibit 99.1 PRESS RELEASE EDUCATIONAL DEVELOPMENT CORPORATION ANNOUNCES NEW LOAN AGREEMENT AND BANKING RELATIONSHIP TULSA, OK, March 11, 2026, Educational Development Corporation (“EDC”) (NASDAQ: EDUC) (http://www.edcpub.com) today announced that the Company has executed a new Credit Agreement (“Loan Agreement”) with Regent Bank. The Loan Agreement establishes a revolving promissory note in the principal amount up to $2,000,000 (the “Revolving Loan”…
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