Sunlands Technology (STG) Tax Rate (2021 - 2024)
Sunlands Technology (STG) reported Tax Rate of -28.24% for Q1 2026, down 16.01 percentage points from -12.22% a year earlier and down 17.70 percentage points from the prior quarter.
Sunlands Technology (STG) Tax Rate (2021 - 2024) Analysis & Trends
Over the twelve months ended Mar 31, 2026, Sunlands Technology's Tax Rate came in at -16.02%, down 12.36 percentage points year-over-year; for FY2025, it was -13.81%, down 13.44 percentage points from FY2024.
- Tax Rate has a five-year change of -13.75 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at -0.36% in FY2024 (+3.36 pp), -3.72% in FY2023 (-1.87 pp), -1.85% in FY2022 (-11.77 pp) and 9.93% in FY2021 (+9.98 pp).
- The Q1 2026 figure ranks as the lowest quarterly Tax Rate in data going back to Q4 2019.
- Year over year, Tax Rate gained in two of the last eight quarters, with an average year-over-year change of -10.43 percentage points.
- The high point for year-over-year Tax Rate in five years was Q4 2023 (a gain of 17.68 percentage points); the low point was Q4 2024 (a drop of 29.00 percentage points).
- Per Business Quant data, the three quarters before Q1 2026 came in at -10.53% (Q4 2025), -16.81% (Q3 2025) and -10.13% (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.09 Bn | 17.34 Bn | 695.95 Mn | 21.77% |
| 3 | Samsara | 22.22 Bn | 18.99 Bn | 392.58 Mn | 7.42% |
| 4 | Toast | 17.58 Bn | 10.25 Bn | 516.00 Mn | 4.94% |
| 5 | Ptc | 15.23 Bn | 14.05 Bn | 490.47 Mn | 22.08% |
| 6 | Trimble | 13.37 Bn | 12.44 Bn | 674.90 Mn | - |
| 7 | Duolingo | 13.34 Bn | 8.51 Bn | 216.74 Mn | 26.91% |
| 8 | Manhattan Associates | 11.67 Bn | 10.66 Bn | 168.33 Mn | 25.09% |
| 9 | Costar | 10.92 Bn | 4.88 Bn | 728.00 Mn | 25.68% |
| 10 | Sunlands Technology | 39.34 Mn | 39.12 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 8.67% |
| Jun 30, 2024 | 0.09% |
| Mar 31, 2024 | 0.34% |
| Dec 31, 2023 | 15.74% |
| Sep 30, 2023 | 0.85% |
| Jun 30, 2023 | 0.85% |
| Dec 31, 2021 | 15.26% |
Sunlands Technology Tax Rate 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=tax-rate&ticker=STG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=STG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();