Growth Metrics

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

Sunlands Technology has reported Operating Margin over the past 9 years, most recently at 22.37% for Q4 2025.

  • For Q4 2025, Operating Margin rose 1193.0% year-over-year to 22.37%; the TTM value through Dec 2025 reached 20.9%, up 595.0%, while the annual FY2025 figure was 18.64%, 367.0% up from the prior year.
  • Operating Margin for Q4 2025 was 22.37% at Sunlands Technology, down from 26.46% in the prior quarter.
  • Over five years, Operating Margin peaked at 31.4% in Q1 2023 and troughed at 11.34% in Q1 2021.
  • A 5-year average of 19.22% and a median of 21.98% in 2023 define the central range for Operating Margin.
  • Biggest five-year swings in Operating Margin: soared 5344bps in 2021 and later plummeted -1403bps in 2024.
  • Year by year, Operating Margin stood at 16.81% in 2021, then soared by 72bps to 28.92% in 2022, then dropped by -24bps to 21.98% in 2023, then tumbled by -52bps to 10.44% in 2024, then soared by 114bps to 22.37% in 2025.
  • Business Quant data shows Operating Margin for STG at 22.37% in Q4 2025, 26.46% in Q3 2025, and 23.51% in Q2 2025.