Sunlands Technology Group logo

Sunlands Technology Group

STG

NYSEConsumer DefensiveEducation & Training Services

Latest quote

$3.03

−$0.02 · -0.66%

Aug 24, 11:10 AM ET

STG company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

80

Undervalued

Momentum

34

Weakening

Sentiment

64

Bullish

Risk resilience

27

High Risk

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Company profile

Company website

Sunlands Technology Group, operating through its various divisions, delivers online educational services throughout the People's Republic of China. The company specializes in post-secondary academic programs, including comprehensive preparation for the Self-Taught Higher Education Examination (STE) — a pathway for students seeking associate diplomas or bachelor's degrees — as well as training for Master of Business Administration (MBA) entrance exams. Its extensive STE course offerings span numerous disciplines, such as Chinese language and literature, legal studies, pre-school education, marketing, English, human resource management, various business administration and management fields (including modern corporate governance, financial management), advertising, accounting, administrative management, computer information management, finance, convention management, chain operation management, and visual communication and design. In addition to academic degrees, Sunlands also facilitates career development through professional certification preparation courses in diverse sectors like accounting, human resources, teaching, and finance. Established in 2003, the enterprise was formerly known as Sunlands Online Education Group before adopting its current name, Sunlands Technology Group, in August 2018. Its main offices are located in Beijing, China.

Industry
Education & Training Services
Sector
Consumer Defensive
Headquarters
CN
CEO
Tongbo Liu
Listed since
Mar 23, 2018
Employees
1,567

Market position

Volume
37.19K
0.08× average
Average volume
462.56K
Average daily volume
Market cap
40.73M USD
Beta
1.57
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
0.84×
P/B (TTM)
0.25×
P/S (TTM)
0.15×
Dividend yield
0.00%

Profitability & efficiency

Gross margin
87.00%
Operating margin
23.03%
Net margin
17.61%

Financial health

Debt / equity
0.12×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends96%63%30%-4%Gross margin, FY2021: 85.00%Gross margin, FY2022: 85.01%Gross margin, FY2023: 87.70%Gross margin, FY2024: 84.04%Gross margin, FY2025: 86.91%Operating margin, FY2021: 4.56%Operating margin, FY2022: 26.56%Operating margin, FY2023: 26.62%Operating margin, FY2024: 14.97%Operating margin, FY2025: 22.01%Net margin, FY2021: 8.73%Net margin, FY2022: 27.72%Net margin, FY2023: 29.67%Net margin, FY2024: 17.19%Net margin, FY2025: 18.10%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 85.00%. Gross margin FY2022 85.01%. Gross margin FY2023 87.70%. Gross margin FY2024 84.04%. Gross margin FY2025 86.91%. Operating margin FY2021 4.56%. Operating margin FY2022 26.56%. Operating margin FY2023 26.62%. Operating margin FY2024 14.97%. Operating margin FY2025 22.01%. Net margin FY2021 8.73%. Net margin FY2022 27.72%. Net margin FY2023 29.67%. Net margin FY2024 17.19%. Net margin FY2025 18.10%.

Income trends

Revenue

2.02B USD+1.49%

Operating income

444.48M USD+49.20%

Net income

365.63M USD+6.88%
Income trends across reported periods2.75B USD1.79B USD832.33M USD−125.09M USDRevenue, FY2021: 2.51B USDRevenue, FY2022: 2.32B USDRevenue, FY2023: 2.16B USDRevenue, FY2024: 1.99B USDRevenue, FY2025: 2.02B USDOperating income, FY2021: 114.27M USDOperating income, FY2022: 616.94M USDOperating income, FY2023: 574.89M USDOperating income, FY2024: 297.91M USDOperating income, FY2025: 444.48M USDNet income, FY2021: 219.06M USDNet income, FY2022: 643.96M USDNet income, FY2023: 640.83M USDNet income, FY2024: 342.08M USDNet income, FY2025: 365.63M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 2.51B USD. Revenue FY2022 2.32B USD. Revenue FY2023 2.16B USD. Revenue FY2024 1.99B USD. Revenue FY2025 2.02B USD. Operating income FY2021 114.27M USD. Operating income FY2022 616.94M USD. Operating income FY2023 574.89M USD. Operating income FY2024 297.91M USD. Operating income FY2025 444.48M USD. Net income FY2021 219.06M USD. Net income FY2022 643.96M USD. Net income FY2023 640.83M USD. Net income FY2024 342.08M USD. Net income FY2025 365.63M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue2.02B USD1.99B USD2.16B USD2.32B USD2.51B USD
Cost of goods sold264.42M USD317.57M USD265.53M USD348.15M USD376.19M USD
Gross profit1.76B USD1.67B USD1.89B USD1.97B USD2.13B USD
Research and development29.55M USD25.01M USD33.72M USD42.83M USD61.33M USD
Selling, general, and administrative1.28B USD1.35B USD1.29B USD1.32B USD1.96B USD
Operating expenses1.31B USD1.37B USD1.32B USD1.36B USD2.02B USD
Interest income23.64M USD38.82M USD31.09M USD16.25M USD16.18M USD
Interest expense852K USD5.29M USD7.66M USD10.06M USD10.93M USD
Depreciation and amortization28.79M USD29.47M USD30.65M USD46.68M USD37.92M USD
Operating income444.48M USD297.91M USD574.89M USD616.94M USD114.27M USD
Net income365.63M USD342.08M USD640.83M USD643.96M USD219.06M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
100%
1 beat, 0 misses, 0 met estimates
Average EPS surprise
+134.74%
1 comparable report
Latest EPS result
0.93

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1.510.55-0.42-1.38Q4 '24No estimateQ1 '25No estimateQ2 '25No estimateQ3 '25No estimateQ4 '25No estimateQ1 '26BeatQ2 '26No estimateQ3 '26No estimate
Q4 2024, reported Nov 22, 2024: actual 0.93, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 21, 2025: actual 0.59, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 22, 2025: actual 0.77, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 14, 2025: actual 1.31, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 20, 2025: actual 1.31, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 19, 2026: actual 0.41, estimate -1.18, surprise +134.74%, Beat. Q2 2026, reported May 27, 2026: actual 0.83, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 21, 2026: actual 0.93, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates91.34M79.62M67.9M56.18MQ1 '25No estimateQ2 '25No estimateQ3 '25No estimateQ4 '25No estimateQ1 '26MissQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Mar 21, 2025: actual 66.22M USD, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 22, 2025: actual 66.97M USD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 14, 2025: actual 75.17M USD, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 20, 2025: actual 73.46M USD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 19, 2026: actual 67.22M USD, estimate 87.83M USD, surprise -23.47%, Miss. Q2 2026, reported May 27, 2026: actual 64.03M USD, estimate 73.43M USD, surprise -12.81%, Miss. Q3 2026, reported Aug 21, 2026: actual 59.7M USD, estimate 76.61M USD, surprise -22.07%, Miss. Q4 2026, reported Nov 25, 2026: actual —, estimate 84.36M USD, surprise —, Comparison unavailable.

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