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 revenue by segment
By business segment
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Subtotal Online Educational Courses | CN¥1.78B | CN¥1.71B | CN¥1.99B | CN¥2.20B | CN¥2.43B | CN¥2.17B | CN¥2.18B | CN¥1.98B | CN¥968.67M | CN¥418.27M | 87.9% | +4.0% |
| Subtotal Online educational services | – | CN¥1.71B | CN¥1.99B | CN¥2.20B | – | – | – | – | – | – | – | – |
By product or service
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales of Products | CN¥213.87M | CN¥245.42M | CN¥144.50M | CN¥75.43M | – | – | – | – | – | – | 10.6% | -12.9% |
| Others | CN¥34.78M | CN¥41.76M | CN¥31.51M | CN¥50.44M | CN¥79.44M | CN¥11.29M | CN¥8.10M | CN¥587.00K | CN¥1.90M | CN¥1.28M | 1.7% | -16.7% |
| Commissions | – | – | – | CN¥46.27M | CN¥50.47M | CN¥19.99M | CN¥15.38M | CN¥6.37M | CN¥4.11M | CN¥4.53M | – | – |
By region
From the segment and revenue-disaggregation notes of Sunlands Technology's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.