Financials in USD. Standardized financial statements.
A compact view of how Sunlands Technology Group turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $2.02B | $1.99B | $2.16B | $2.32B | $2.51B | $2.20B | $2.19B | $1.97B | $970.16M | $418.91M |
| Revenue Growth? | +1.5% | -7.8% | -7.0% | -7.4% | +13.8% | +0.5% | +11.1% | +103.5% | +131.6% | 0.0% |
| Cost of Revenue? | $264.42M | $317.57M | $265.53M | $348.15M | $376.19M | $387.27M | $396.32M | $330.38M | $170.26M | $70.99M |
| Gross Profit? | $1.76B | $1.67B | $1.89B | $1.97B | $2.13B | $1.82B | $1.80B | $1.64B | $799.90M | $347.92M |
| Gross Margin? | +86.9% | +84.0% | +87.7% | +85.0% | +85.0% | +82.4% | +81.9% | +83.3% | +82.5% | +83.1% |
| Operating Expenses? | $1.31B | $1.37B | $1.32B | $1.36B | $2.02B | $2.47B | $2.26B | $2.67B | $1.73B | $606.97M |
| Operating Income? | $444.48M | $297.90M | $574.89M | $616.94M | $114.27M | -$649.02M | -$459.72M | -$1.03B | -$927.68M | -$259.04M |
| EBITDA? | $459.10M | $391.65M | $714.39M | $663.63M | $246.48M | -$608.75M | -$341.05M | -$1.03B | -$905.72M | -$248.10M |
| Income Before Tax | $424.93M | $343.38M | $666.00M | $655.00M | $192.75M | -$431.22M | -$392.73M | -$928.66M | -$913.82M | -$253.57M |
| Income Tax Expense | $59.30M | $1.30M | $25.17M | $11.99M | -$19.62M | -$236,000 | $2.44M | $102.44M | $8.82M | $0 |
| Net Income? | $365.63M | $342.08M | $640.83M | $643.96M | $219.06M | -$432.34M | -$395.03M | -$927.02M | -$918.58M | -$253.57M |
| EPS? | $26.43 | $25.06 | $46.44 | $47.07 | $16.28 | $-32.01 | $-28.92 | $-73.63 | $-111.17 | $-30.69 |
| Diluted EPS? | $26.43 | $25.06 | $46.44 | $47.07 | $16.28 | $-32.01 | $-28.92 | $-73.63 | $-111.17 | $-30.69 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality