Sunlands Technology (STG) Net Margin (2017 - 2026)
Sunlands Technology (STG) recorded Net Margin of 20.54% in Q2 2026, down 2.96 percentage points from 23.49% a year earlier but up 3.10 percentage points from the prior quarter.
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Analysis
Sunlands Technology (STG) Net Margin (2017 - 2026) Analysis & Trends
On a TTM basis, Sunlands Technology's Net Margin came in at 17.60% as of Jun 30, 2026, up 0.88 percentage points year-over-year; for FY2025, it came in at 17.61%, up 0.43 percentage points from FY2024.
- Annual Net Margin has a five-year change of +37.15 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at 17.19% in FY2024 (-12.48 pp), 29.67% in FY2023 (+1.95 pp), 27.72% in FY2022 (+18.99 pp) and 8.73% in FY2021 (+28.27 pp).
- Quarterly Net Margin has ranged from 8.16% in Q4 2025 to 33.04% in Q2 2023 over the past five years.
- On a year-over-year basis, Net Margin rose in three of the last eight quarters, with an average year-over-year change of -2.73 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 46.54 percentage points in Q3 2021, against a drop of 16.69 percentage points in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 17.44% (Q1 2026), 8.16% (Q4 2025) and 23.98% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.09 Bn | 17.34 Bn | 695.95 Mn | 29.47% |
| 3 | Samsara | 22.22 Bn | 18.99 Bn | 392.58 Mn | 3.19% |
| 4 | Toast | 17.58 Bn | 10.25 Bn | 516.00 Mn | 8.07% |
| 5 | Ptc | 15.23 Bn | 14.05 Bn | 490.47 Mn | 19.80% |
| 6 | Trimble | 13.37 Bn | 12.44 Bn | 674.90 Mn | -48.53% |
| 7 | Duolingo | 13.34 Bn | 8.51 Bn | 216.74 Mn | 11.11% |
| 8 | Manhattan Associates | 11.67 Bn | 10.66 Bn | 168.33 Mn | 16.91% |
| 9 | Costar | 10.92 Bn | 4.88 Bn | 728.00 Mn | 5.95% |
| 10 | Sunlands Technology | 39.34 Mn | 39.12 Mn | - | 20.54% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.54% |
| Mar 31, 2026 | 17.44% |
| Dec 31, 2025 | 8.16% |
| Sep 30, 2025 | 23.98% |
| Jun 30, 2025 | 23.49% |
| Mar 31, 2025 | 12.39% |
| Dec 31, 2024 | 11.96% |
| Sep 30, 2024 | 18.18% |
| Jun 30, 2024 | 16.71% |
| Mar 31, 2024 | 21.55% |
| Dec 31, 2023 | 28.65% |
| Sep 30, 2023 | 25.09% |
| Jun 30, 2023 | 33.04% |
| Mar 31, 2023 | 31.77% |
| Dec 31, 2022 | 31.22% |
| Sep 30, 2022 | 30.34% |
| Jun 30, 2022 | 20.65% |
| Mar 31, 2022 | 29.45% |
| Dec 31, 2021 | 26.13% |
| Sep 30, 2021 | 15.95% |
API Access
Sunlands Technology Net 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=net-margin&ticker=STG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=STG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();