Sunlands Technology (STG) Net Margin (2017 - 2025)
Sunlands Technology (STG) posted quarterly Net Margin of 25.93% for Q4 2025, up 1131.0% year-over-year from 2.11% in Q4 2024, and down 19.9% quarter-over-quarter from 32.37% in Q3 2025.
Sunlands Technology (STG) Net Margin (2017 - 2025) Analysis & Trends
Sunlands Technology's Net Margin history runs 9 years deep, the most recent figure standing at 25.93% for Q4 2025.
- In Q4 2025, Net Margin rose 1131.0% year-over-year to 25.93%; the TTM figure through Dec 2025 stood at 21.83% (up 426.0% YoY), while the FY2025 annual figure was 20.96%, up 310.0% from the prior year.
- Net Margin for Q4 2025 stood at 25.93%, down from 32.37% in the prior quarter.
- The five-year high for Net Margin was 34.29% in Q1 2023, with the low at 7.8% in Q1 2021.
- The 5-year median for Net Margin is 22.06% (2024), against an average of 20.04%.
- The sharpest annual moves came in 2021 and 2022: Net Margin soared 4647 bps in 2021, then sank 2157 bps in 2022.
- Sunlands Technology's Net Margin stood at 22.9% in 2021, then plunged by 94 bps to 1.33% in 2022, then surged by 1123 bps to 16.27% in 2023, then dropped by 10 bps to 14.62% in 2024, then jumped by 77 bps to 25.93% in 2025.
- Business Quant data shows STG's Net Margin at 25.93% in Q4 2025, 32.37% in Q3 2025, and 27.33% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.87 Bn | 82.87 Bn | 812.22 Mn | 7.27% |
| 2 | 51Talk Online Education | 7.20 Bn | 7.16 Bn | 22.97 Mn | -7.43% |
| 3 | Laureate Education | 5.22 Bn | 5.06 Bn | 237.67 Mn | - |
| 4 | Graham Holdings | 5.05 Bn | 3.81 Bn | 777.03 Mn | 21.68% |
| 5 | Covista | 4.62 Bn | 4.62 Bn | 284.63 Mn | -0.08% |
| 6 | Grand Canyon Education | 3.76 Bn | 3.49 Bn | 204.08 Mn | 17.37% |
| 7 | Stride | 3.56 Bn | 2.60 Bn | 217.28 Mn | 12.81% |
| 8 | McGraw Hill | 2.32 Bn | 2.07 Bn | 388.89 Mn | -10.84% |
| 9 | TAL Education | 2.31 Bn | -376.25 Mn | 227.32 Mn | 0.00% |
| 10 | Sunlands Technology | 22.13 Mn | -59.19 Mn | 58.35 Mn | 15.07% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 25.93% |
| Sep 30, 2025 | 32.37% |
| Jun 30, 2025 | 27.33% |
| Dec 31, 2024 | 14.62% |
| Sep 30, 2024 | 15.30% |
| Jun 30, 2024 | 18.03% |
| Mar 31, 2024 | 22.06% |
| Dec 31, 2023 | 16.27% |
| Sep 30, 2023 | 25.07% |
| Jun 30, 2023 | 31.43% |
| Mar 31, 2023 | 34.29% |
| Dec 31, 2022 | 1.33% |
| Sep 30, 2022 | 30.40% |
| Jun 30, 2022 | 22.03% |
| Mar 31, 2022 | 29.51% |
| Dec 31, 2021 | 22.90% |
| Sep 30, 2021 | 16.04% |
| Jun 30, 2021 | 3.61% |
| Mar 31, 2021 | -7.80% |
| Dec 31, 2020 | -12.51% |