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Sunlands Technology (STG) Operating Expenses (2017 - 2025)

Sunlands Technology has reported Operating Expenses over the past 9 years, most recently at -$43.3 million for Q4 2025.

  • For Q4 2025, Operating Expenses rose 11.45% year-over-year to -$43.3 million; the TTM value through Dec 2025 reached -$136.7 million, up 28.7%, while the annual FY2025 figure was $197.2 million, 4.7% up from the prior year.
  • Operating Expenses for Q4 2025 was -$43.3 million at Sunlands Technology, up from -$45.6 million in the prior quarter.
  • Over five years, Operating Expenses peaked at -$43.3 million in Q4 2025 and troughed at -$101.8 million in Q1 2021.
  • A 5-year average of -$54.6 million and a median of -$48.7 million in 2022 define the central range for Operating Expenses.
  • Biggest five-year swings in Operating Expenses: decreased 26.9% in 2021 and later skyrocketed 46.39% in 2022.
  • Year by year, Operating Expenses stood at -$62.8 million in 2021, then increased by 22.5% to -$48.7 million in 2022, then dropped by 20.51% to -$58.7 million in 2023, then rose by 16.69% to -$48.9 million in 2024, then increased by 11.45% to -$43.3 million in 2025.
  • Business Quant data shows Operating Expenses for STG at -$43.3 million in Q4 2025, -$45.6 million in Q3 2025, and -$47.8 million in Q2 2025.