Sunlands Technology Group revenue by segment STG

Annual Quarterly

Sunlands Technology Group splits its revenue into 3 lines in its filings. The largest line in fiscal 2025, which ended Dec 31, 2025 was Degree Or Diploma Oriented Post Secondary Courses at $272.8 million, 94% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
FY 2020
Dec 31, 2020
FY 2019
Dec 31, 2019
FY 2018
Dec 31, 2018
Revenue
289
273
304
337
394
338
315
287
Degree Or Diploma Oriented Post Secondary Courses
273
+32.4%
share 94.5%
206
-61.5%
share 75.5%
535
-50.8%
share 175.9%
1,087
-33.5%
share 322.8%
1,636
-14.1%
share 415.8%
1,905
-5.8%
share 564.0%
2,022
share 641.6%
—
Commissions
—
—
—
—
50
+152.5%
share 12.8%
20
+29.9%
share 5.9%
15
share 4.9%
—
Other Revenue
35
-16.7%
share 12.0%
42
+32.5%
share 15.3%
32
-75.0%
share 10.4%
126
+58.4%
share 37.4%
79
+603.9%
share 20.2%
11
+39.3%
share 3.3%
8
share 2.6%
—
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. More on our methodology.

Company profile

Industry
Services-Educational Services (SIC 8200)
Listed as
STG (NYSE)
Fiscal year ends
December 31
Incorporated in
Cayman Islands
Headquarters
Beijing
SEC filer status
Non-accelerated filer
SEC CIK
1723935
Former names
Sunlands Online Education Group (until Nov 23, 2018)

Other Services-Educational Services companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.