Sunlands Technology (STG) Research & Development (2017 - 2025)

Sunlands Technology's Research & Development history runs 9 years deep, the most recent figure standing at -$1.1 million for Q4 2025.

• In Q4 2025, Research & Development fell 75.9% year-over-year to -$1.1 million; the TTM figure through Dec 2025 stood at -$3.9 million (down 12.34% YoY), while the FY2025 annual figure was $4.2 million, up 23.35% from the prior year.
• Research & Development was -$1.1 million for Q4 2025 at Sunlands Technology, up from -$1.2 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $8.3 million in Q4 2023 to a low of -$2.9 million in Q2 2021.
• Historically, Research & Development has averaged -$948450.6 across 5 years, with a median of -$1.2 million in 2023.
• The sharpest annual moves came in 2023 and 2024: Research & Development jumped 877.8% in 2023, then slumped 107.53% in 2024.
• A 5-year view of Research & Development shows it stood at -$1.7 million in 2021, then soared by 36.12% to -$1.1 million in 2022, then surged by 877.8% to $8.3 million in 2023, then plunged by 107.53% to -$625357.0 in 2024, then slumped by 75.9% to -$1.1 million in 2025.
• The last three Research & Development figures came in at -$1.1 million (Q4 2025), -$1.2 million (Q3 2025), and -$970000.0 (Q2 2025), per Business Quant data.