Sunlands Technology Group (STG) Income Statement
STG 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsSTG revenue and net income
Where STG's revenue goes
2025Each bar shows an amount and its share of revenue. STG kept 18.1% of revenue as net income.
STG profit margins
STG growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | — | — | — | — |
| Gross profit | — | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
STG quarterly EPS vs estimates
Next report: November 19, 2026.
STG income statement
| 2025 | |
|---|---|
| Revenue | $2.02B |
| Cost of revenue | $264.4M |
| Gross profit | $1.76B |
| Research & development | $29.6M |
| Sales, general & admin | $1.28B |
| Total operating expenses | $1.31B |
| Operating income | $444.5M |
| Interest income | $22.8M |
| Interest expense | $852,000 |
| Income before taxes | $424.9M |
| Income taxes | $59.3M |
| Net income | $365.6M |
| EBITDA | $459.1M |
| EPS (diluted) | $5.86 |
| Gross margin | 86.9% |
| Operating margin | 22.0% |
| Net margin | 18.1% |
| Dec '25 | Sep '24 | Jun '24 | |
|---|---|---|---|
| Revenue | $483.5M | $491.3M | $492.2M |
| Cost of revenue | $81.7M | $82.1M | $76.6M |
| Gross profit | $401.8M | $409.2M | $415.6M |
| Research & development | $4.5M | $5.8M | $7.7M |
| Sales, general & admin | $594.3M | $337.5M | $331.3M |
| Total operating expenses | $351.3M | $343.4M | $338.9M |
| Operating income | $50.5M | $65.8M | $76.7M |
| Interest income | $35.2M | $7.8M | $10.6M |
| Interest expense | $758,000 | $1.4M | $1.5M |
| Income before taxes | $66.1M | $82.8M | $82.2M |
| Income taxes | $8.3M | −$6.5M | −$78,000 |
| Net income | $57.8M | $89.3M | $82.3M |
| EBITDA | $68.7M | $83.5M | $90.0M |
| EPS (diluted) | $0.40 | $0.91 | $0.83 |
| Gross margin | 83.1% | 83.3% | 84.4% |
| Operating margin | 10.4% | 13.4% | 15.6% |
| Net margin | 12.0% | 18.2% | 16.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in STG's financial statements (latest annual report filed April 24, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
STG financial results
In fiscal year 2025 (ended December 31, 2025), Sunlands Technology reported revenue of $2.0 billion. It had net income of $365.6 million, a net profit margin of 18.1%. Diluted earnings per share came to $5.86.
See the STG stock overview for the latest quote and news, or the STG chart for price history and technical indicators.
STG income statement FAQ
What is Sunlands Technology's annual revenue?
Sunlands Technology reported total revenue of $2.0 billion for fiscal year 2025, which ended on December 31, 2025.
Is Sunlands Technology profitable?
Yes. Sunlands Technology reported net income of $365.6 million in fiscal 2025, a net profit margin of 18.1%; its operating margin was 22.0%.
What is Sunlands Technology's gross margin?
Sunlands Technology's gross margin was 86.9% in fiscal 2025: for every $100 of revenue, Sunlands Technology kept $87 after the direct cost of its products and services.
How much does Sunlands Technology spend on research and development?
Sunlands Technology spent $29.6 million on research and development in fiscal 2025, 1.5% of revenue.
What are Sunlands Technology's earnings per share?
Sunlands Technology earned $5.86 per diluted share in fiscal 2025.
When will Sunlands Technology report its next earnings?
Sunlands Technology is expected to report results for the quarter ending September 30, 2026 on November 19, 2026 before the market opens.
When does Sunlands Technology's fiscal year end?
Sunlands Technology's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 24, 2026.