Sunlands Technology (STG) Operating Leases (2019 - 2025)

Sunlands Technology's Operating Leases history runs 7 years deep, the most recent figure standing at $18.3 million for Q4 2025.

• In Q4 2025, Operating Leases fell 4.25% year-over-year to $18.3 million; the TTM figure through Dec 2025 stood at $18.3 million (down 4.25% YoY), while the FY2025 annual figure was $18.5 million, down 1.32% from the prior year.
• Operating Leases was $18.3 million for Q4 2025 at Sunlands Technology, up from $17.9 million in the prior quarter.
• In the past five years, Operating Leases ranged from a high of $63.2 million in Q4 2021 to a low of $17.9 million in Q3 2025.
• Historically, Operating Leases has averaged $25.1 million across 5 years, with a median of $20.9 million in 2024.
• The sharpest annual moves came in 2023 and 2025: Operating Leases sank 50.97% in 2023, then decreased 4.25% in 2025.
• A 5-year view of Operating Leases shows it stood at $63.2 million in 2021, then retreated by 29.52% to $44.5 million in 2022, then plunged by 50.97% to $21.8 million in 2023, then retreated by 12.66% to $19.1 million in 2024, then fell by 4.25% to $18.3 million in 2025.
• The last three Operating Leases figures came in at $18.3 million (Q4 2025), $17.9 million (Q3 2025), and $18.7 million (Q2 2025), per Business Quant data.