Sunlands Technology (STG) EBITDA Margin (2018 - 2026)
Sunlands Technology's EBITDA Margin was 23.59% in Q1 2026, up 6.90 percentage points from 16.69% a year earlier but down 0.29 percentage points from the prior quarter.
Sunlands Technology (STG) EBITDA Margin (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Sunlands Technology's EBITDA Margin was 25.11% through Mar 31, 2026, up 9.96 percentage points year-over-year; for FY2025, it was 19.53%, up 3.08 percentage points from FY2024.
- EBITDA Margin shows a five-year change of +47.15 percentage points (FY2020 to FY2025).
- In earlier years, EBITDA Margin was 16.45% in FY2024 (-11.59 pp), 28.04% in FY2023 (-0.53 pp), 28.57% in FY2022 (+22.50 pp) and 6.07% in FY2021 (+33.69 pp).
- Quarterly EBITDA Margin has moved between 11.96% (Q4 2024) and 32.74% (Q1 2023) over five years.
- Compared with a year earlier, EBITDA Margin has increased for four straight quarters, with an average year-over-year change of +1.33 percentage points over the last seven quarters.
- The best year-over-year quarter for EBITDA Margin over five years was Q3 2025 (a gain of 12.96 percentage points); the worst was Q2 2024 (a drop of 13.99 percentage points).
- Per Business Quant data, STG's EBITDA Margin in the three quarters before Q1 2026 was 23.88% (Q4 2025), 27.83% (Q3 2025) and 24.84% (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 31.34% |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 2.61% |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 9.85% |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 31.78% |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | 18.84% |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 12.80% |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 22.79% |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 20.65% |
| 10 | Sunlands Technology | 39.34 Mn | 39.12 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 23.59% |
| Dec 31, 2025 | 23.88% |
| Sep 30, 2025 | 27.83% |
| Jun 30, 2025 | 24.84% |
| Mar 31, 2025 | 16.69% |
| Dec 31, 2024 | 11.96% |
| Sep 30, 2024 | 14.86% |
| Jun 30, 2024 | 17.08% |
| Mar 31, 2024 | 21.49% |
| Dec 31, 2023 | 23.40% |
| Jun 30, 2023 | 31.06% |
| Mar 31, 2023 | 32.74% |
| Jun 30, 2020 | -26.42% |
| Mar 31, 2020 | -15.98% |
| Sep 30, 2019 | -23.46% |
| Jun 30, 2019 | -5.87% |
| Mar 31, 2019 | -22.12% |
| Sep 30, 2018 | -51.34% |
| Jun 30, 2018 | -59.81% |
| Mar 31, 2018 | -61.02% |
Sunlands Technology EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=STG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "STG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=STG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();