Sunlands Technology (STG) Operating Leases (2019 - 2026)
Sunlands Technology's Operating Leases came in at $18.24 million for Q2 2026, down 2.6% from $18.72 million a year earlier but up 3.3% from the prior quarter.
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Analysis
Sunlands Technology (STG) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Sunlands Technology's Operating Leases was $18.53 million, unchanged from FY2024.
- Operating Leases carries a five-year compound annual growth rate of -21.8% (FY2020 to FY2025).
- Going back by year, Operating Leases was $18.53 million in FY2024 (-1.3%), $18.77 million in FY2023 (-15.2%), $22.15 million in FY2022 (-51.8%) and $45.94 million in FY2021 (-27.6%).
- The five-year range for quarterly Operating Leases is $4.05 million (Q3 2022) to $63.21 million (Q4 2021).
- Year-over-year, Operating Leases has declined for nine consecutive quarters, with an average decline of 7.8% over the last eight quarters.
- The fastest year-over-year change in Operating Leases over five years came in Q3 2023 (growth of 424.5%), and the weakest in Q4 2023 (a decline of 51.0%).
- Business Quant data shows STG's Operating Leases at $17.66 million (Q1 2026), $18.27 million (Q4 2025) and $17.9 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn |
| 10 | Sunlands Technology | 39.34 Mn | 39.12 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.24 Mn |
| Mar 31, 2026 | 17.66 Mn |
| Dec 31, 2025 | 18.27 Mn |
| Sep 30, 2025 | 17.90 Mn |
| Jun 30, 2025 | 18.72 Mn |
| Mar 31, 2025 | 18.20 Mn |
| Dec 31, 2024 | 19.08 Mn |
| Sep 30, 2024 | 19.21 Mn |
| Jun 30, 2024 | 21.05 Mn |
| Mar 31, 2024 | 20.86 Mn |
| Dec 31, 2023 | 21.84 Mn |
| Sep 30, 2023 | 21.22 Mn |
| Jun 30, 2023 | 22.23 Mn |
| Dec 31, 2022 | 44.55 Mn |
| Sep 30, 2022 | 4.05 Mn |
| Dec 31, 2021 | 63.21 Mn |
| Dec 31, 2020 | 80.36 Mn |
| Mar 31, 2020 | 5.65 Mn |
| Dec 31, 2019 | 87.43 Mn |
API Access
Sunlands Technology Operating Leases 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-leases&ticker=STG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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-leases&ticker=STG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();