Sunlands Technology (STG) Operating Expenses (2017 - 2026)
Sunlands Technology's Operating Expenses was -$41.22 million in Q1 2026, compared with -$46.93 million a year earlier.
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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 | 45.35 Bn | 17.59 Bn | 695.95 Mn | 420.93 Mn |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 387.71 Mn |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 364.00 Mn |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 323.96 Mn |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | 542.90 Mn |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 182.80 Mn |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 231.56 Mn |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 652.00 Mn |
| 10 | Sunlands Technology | 39.34 Mn | 39.12 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=STG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();