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Asset Utilization RatioAssets AverageEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Sunlands Technology (STG) Gross Margin (2017 - 2025)

Sunlands Technology has reported Gross Margin over the past 9 years, most recently at 86.79% for Q4 2025.

  • For Q4 2025, Gross Margin rose 368.0% year-over-year to 86.79%; the TTM value through Dec 2025 reached 86.43%, up 239.0%, while the annual FY2025 figure was 86.91%, 287.0% up from the prior year.
  • Gross Margin for Q4 2025 was 86.79% at Sunlands Technology, down from 88.47% in the prior quarter.
  • Over five years, Gross Margin peaked at 88.7% in Q2 2023 and troughed at 83.1% in Q4 2024.
  • A 5-year average of 85.76% and a median of 85.27% in 2022 define the central range for Gross Margin.
  • Biggest five-year swings in Gross Margin: crashed -449bps in 2024 and later skyrocketed 518bps in 2025.
  • Year by year, Gross Margin stood at 84.82% in 2021, then grew by 3bps to 86.99% in 2022, then dropped by -1bps to 86.39% in 2023, then fell by -4bps to 83.1% in 2024, then increased by 4bps to 86.79% in 2025.
  • Business Quant data shows Gross Margin for STG at 86.79% in Q4 2025, 88.47% in Q3 2025, and 87.08% in Q2 2025.