Sunlands Technology STG
NYSE STG
$2.37 -0.13 (-5.20%)
As of: Oct 21, 2026 · 11:57 AM EDT

Sunlands Technology (STG) Operating Expenses (2017 - 2026)

Updated

Sunlands Technology's Operating Expenses was -$41.22 million in Q1 2026, compared with -$46.93 million a year earlier.

Analysis

Sunlands Technology (STG) Operating Expenses (2017 - 2026) Analysis & Trends

On a trailing twelve-month basis, Sunlands Technology's Operating Expenses was -$177.92 million through Mar 31, 2026; for FY2025, it came in at -$197.18 million.

  • In earlier years, Operating Expenses was -$188.34 million in FY2024, -$185.8 million in FY2023, -$196.89 million in FY2022 and -$316.57 million in FY2021.
  • The Q1 2026 figure marks the highest quarterly Operating Expenses since Q1 2017.
  • Per Business Quant data, STG's Operating Expenses in the three quarters before Q1 2026 was -$43.31 million (Q4 2025), -$45.56 million (Q3 2025) and -$47.83 million (Q2 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Bryn 945.00 Bn 945.00 Bn - 178,646.00
2 Veeva Systems 52.02 Bn 24.27 Bn 695.95 Mn 420.93 Mn
3 Samsara 25.35 Bn 22.13 Bn 392.58 Mn 387.71 Mn
4 Ptc 22.26 Bn 21.07 Bn 490.47 Mn 323.96 Mn
5 Toast 18.86 Bn 11.53 Bn 516.00 Mn 364.00 Mn
6 Trimble 14.59 Bn 13.65 Bn 674.90 Mn 542.90 Mn
7 Manhattan Associates 13.88 Bn 12.88 Bn 168.33 Mn 231.56 Mn
8 Costar 13.26 Bn 7.21 Bn 728.00 Mn 652.00 Mn
9 Bentley Systems 12.02 Bn 11.48 Bn 336.74 Mn 248.13 Mn
10 Sunlands Technology 31.93 Mn 31.93 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2026 -41.22 Mn
Dec 31, 2025 -43.31 Mn
Sep 30, 2025 -45.56 Mn
Jun 30, 2025 -47.83 Mn
Mar 31, 2025 -46.93 Mn
Dec 31, 2024 -48.91 Mn
Sep 30, 2024 -48.93 Mn
Jun 30, 2024 -46.64 Mn
Mar 31, 2024 -47.25 Mn
Dec 31, 2023 -58.70 Mn
Sep 30, 2023 -46.39 Mn
Jun 30, 2023 -44.41 Mn
Mar 31, 2023 -46.70 Mn
Dec 31, 2022 -48.71 Mn
Sep 30, 2022 -45.69 Mn
Jun 30, 2022 -52.43 Mn
Mar 31, 2022 -54.55 Mn
Dec 31, 2021 -62.85 Mn
Sep 30, 2021 -66.84 Mn
Jun 30, 2021 -80.47 Mn
API Access

Sunlands Technology Operating Expenses 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=operating-expenses&ticker=STG&period=max&api_key=YOUR_API_KEY