STG
Sunlands Technology Group
NYSE: STG · CONSUMER DEFENSIVE · EDUCATION & TRAINING SERVICES
$3.26
-5.31% today
Updated 2026-04-29
Market cap
$46.17M
P/E ratio
0.87
P/S ratio
0.02x
EPS (TTM)
$3.97
Dividend yield
—
52W range
$3 – $15
Volume
0.0M
Sunlands Technology Group (STG) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $159.01M | $418.91M | $970.16M | $1.97B | $2.19B | $2.20B | $2.51B | $2.32B | $2.16B | $1.99B | $1.96B |
| Revenue growth (YoY) | — | +163.4% | +131.6% | +103.5% | +11.1% | +0.5% | +13.8% | -7.4% | -7.0% | -7.8% | -1.3% |
| Cost of revenue | $61.71M | $70.99M | $170.26M | $330.38M | $396.32M | $387.27M | $376.19M | $348.15M | $265.53M | $317.57M | $257.22M |
| Gross profit | $97.30M | $347.92M | $799.90M | $1.64B | $1.80B | $1.82B | $2.13B | $1.97B | $1.89B | $1.67B | $1.71B |
| Gross margin | 61.2% | 83.1% | 82.5% | 83.3% | 81.9% | 82.4% | 85.0% | 85.0% | 87.7% | 84.0% | 86.9% |
| R&D | $5.19M | $13.93M | $32.86M | $76.02M | $101.72M | $66.53M | $61.33M | $42.83M | $33.72M | $25.01M | $28.75M |
| SG&A | $76.02M | $89.39M | $342.91M | $443.69M | $363.31M | $275.39M | $207.60M | $185.67M | $666.48M | $695.14M | $1.28B |
| Operating income | $-317.17M | $-259.04M | $-927.68M | $-1.03B | $-459.72M | $-649.02M | $114.27M | $616.94M | $574.89M | $297.90M | $432.37M |
| Operating margin | -199.5% | -61.8% | -95.6% | -52.1% | -21.0% | -29.5% | 4.6% | 26.6% | 26.6% | 15.0% | 22.0% |
| EBITDA | $-313.42M | $-248.10M | $-905.72M | $-1.03B | $-341.05M | $-608.75M | $246.48M | $663.63M | $714.39M | $391.65M | $460.37M |
| EBITDA margin | -197.1% | -59.2% | -93.4% | -52.1% | -15.5% | -27.6% | 9.8% | 28.6% | 33.1% | 19.7% | 23.4% |
| EBIT | $-317.17M | $-253.57M | $-913.82M | $-1.05B | $-378.28M | $-649.02M | $208.56M | $616.94M | $683.74M | $362.19M | $432.37M |
| Interest expense | $0.00 | $0.00 | $0.00 | $2.17M | $14.31M | $11.69M | $10.93M | $10.06M | $7.66M | $5.29M | $828783.00 |
| Income tax | $1.91M | $-3.05M | $8.82M | $102.44M | $2.44M | $-236000.00 | $-19.62M | $11.99M | $25.17M | $1.30M | — |
| Effective tax rate | -0.6% | 1.2% | -1.0% | -12.4% | -0.6% | 0.1% | -9.8% | 1.8% | 3.8% | 0.4% | 0.0% |
| Net income | $-318.30M | $-253.57M | $-918.58M | $-927.02M | $-395.03M | $-432.34M | $219.06M | $643.96M | $640.83M | $342.08M | $355.67M |
| Net income growth (YoY) | — | +20.3% | -262.3% | -0.9% | +57.4% | -9.4% | +150.7% | +194.0% | -0.5% | -46.6% | +4.0% |
| Profit margin | -200.2% | -60.5% | -94.7% | -47.0% | -18.0% | -19.6% | 8.7% | 27.7% | 29.7% | 17.2% | 18.1% |