STGNYSEServices-Educational ServicesFiscal year ends December 31

Sunlands Technology Group

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 24, 2026

$2.49−0.06 (-2.35%)

Close on Oct 19, 2026

Sunlands Technology Group income statement

AnnualQuarterlyTTM

CNY USD

Millions of CNY, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31
Revenue	2,020	1,990	2,160	2,323	2,508	2,204	2,194	1,974	970	419
Cost of Revenue	264	318	266	348	376	387	396	330	170	71
Gross Profit	1,755	1,673	1,894	1,975	2,132	1,817	1,798	1,644	800	348
Research & Development	30	25	34	43	61	67	102	76	33	14
Selling, General & Admin	1,281	1,350	1,285	1,315	1,956	2,399	2,156	2,597	1,695	593
Selling & Marketing	1,138	1,217	1,142	1,130	1,748	2,124	1,792	2,153	1,352	504
General & Administrative	144	133	143	186	208	275	363	444	343	89
Advertising Expenses	536	589	556	484	793	1,091	937	983	499	189
Operating Expenses	1,379	1,375	1,319	1,358	2,017	2,466	2,257	2,673	1,728	607
Operating Income	377	298	575	617	114	-649	-460	-1,029	-928	-259
Interest Expense	0.85	5.29	7.66	10	11	12	14	2.17	–	–
Interest & Investment Income	24	39	31	16	16	26	60	70	–	–
Income from Equity Investments	-4.53	-14	-10	6.45	-4.89	1.35	-0.14	1.71	-4.89	–
Other Non-Operating Income	30	26	34	25	39	203	21	32	0.28	2.42
Asset Impairment Charges	68	0	0	–	–	–	–	–	–	–
Gain (Loss) on Investments	2.03	1.61	1.95	0.39	–	–	–	–	–	–
Gain (Loss) on Sale of Assets	0.00	0.02	0.10	-1.66	-5.43	-7.62	-1.82	–	-0.12	–
Pretax Income	429	357	676	649	198	-433	-393	-929	-914	-254
Income Tax Expense	59	1.30	25	12	-20	-0.24	2.44	0	0	0
Net Income incl. Noncontrolling Interests	366	342	641	643	212	-431	-395	-927	-919	-254
Minority Interest in Earnings	0	0	0.00	-0.95	-6.69	-0.45	-0.35	0.07	-0.14	–
Net Income	366	342	641	644	219	-431	-395	-927	-919	-254
EPS (Basic)(per share)	54.28	50.12	92.88	94.14	32.56	-63.74	-57.81	-147.27	-232.80	-66.40
EPS (Diluted)(per share)	54.28	50.12	92.88	94.14	32.56	-63.74	-57.81	-147.27	-232.80	-66.40
Shares Outstanding (Basic, Weighted)(shares)	6.74	6.82	6.90	6.84	6.73	6.75	6.83	6.29	3.95	3.82
Shares Outstanding (Diluted, Weighted)(shares)	6.74	6.82	6.90	6.84	6.73	6.75	6.83	6.29	3.95	3.82
EBITDA	405	327	606	664	152	-609	-423	-1,003	-920	-254

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Dec 31, 2025

Profitability, FY2025

Gross margin: 86.9%
Operating margin: 18.6%
Net margin: 18.1%
Return on equity, FY2025: 47.3%

Financial strength

Current ratio: 1.21
Debt to equity: 0.00
Debt to assets: 0.0%
Cash to current liabilities: 75.8%

Valuation

P/E ratio: –
Price to sales: –
Price to book: –
Dividend yield: –

Valuation ratios need the share price and fill in once daily prices are connected.