Sunlands Technology Group (ADR) (STG)
Delivers live-streamed adult courses through online and mobile applications in China.
$2.84
vs last close−0.09 (−3.07%)
In millions of USD, except per-share figures · converted from CNY at the latest rate
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 78 | 81 | 78 | 73 | 73 | 72 | 73 | 80 | 78 | 70 | 66 | 60 |
| Cost of revenue | 10 | 11 | 12 | 11 | 12 | 12 | 11 | 10 | 9 | 9 | 9 | 9 |
| Gross profit | 69 | 70 | 67 | 62 | 61 | 60 | 62 | 70 | 69 | 61 | 57 | 52 |
| 51 | 52 | 51 | 51 | 51 | 52 | 51 | 51 | 48 | 45 | 42 | 40 | |
| Research & development | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| 49 | 51 | 50 | 49 | 50 | 52 | 50 | 50 | 47 | 44 | 41 | 39 | |
| Selling & marketing | 44 | 45 | 45 | 44 | 45 | −37 | 45 | 45 | 42 | −42 | 36 | 0 |
| General & administrative | 5 | 6 | 5 | 5 | 5 | 89 | 5 | 5 | 5 | 86 | 5 | 0 |
| Other expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating income | 18 | 18 | 16 | 11 | 10 | 8 | 11 | 19 | 21 | 16 | 14 | 12 |
| 1 | 8 | 1 | 1 | 3 | 2 | 2 | 2 | 2 | −8 | 1 | 2 | |
| Interest income | 1 | 1 | 1 | 2 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other non-operating income | −2 | 0 | −2 | −2 | −3 | −3 | −2 | −2 | −2 | 8 | −1 | 0 |
| Income before tax | 20 | 26 | 17 | 12 | 12 | 10 | 13 | 21 | 22 | 7 | 16 | 15 |
| Income tax expense | 0 | 3 | 0 | 0 | −1 | 1 | 1 | 2 | 4 | 2 | 4 | 2 |
| Net income from continuing operations | 20 | 23 | 17 | 12 | 13 | 9 | 11 | 19 | 19 | 6 | 11 | 12 |
| Net income | 20 | 23 | 17 | 12 | 13 | 9 | 11 | 19 | 19 | 6 | 11 | 12 |
| EPS, basic | $1.43 | $0.84 | $0.61 | $0.45 | $0.49 | $0.32 | $0.83 | $1.40 | $1.39 | $0.42 | $0.86 | $0.93 |
| EPS, diluted | $1.43 | $0.84 | $0.61 | $0.45 | $0.49 | $0.32 | $0.83 | $1.40 | $1.39 | $0.42 | $0.86 | $0.93 |
| Weighted average shares, basic | 14 | 27 | 27 | 27 | 27 | 27 | 14 | 14 | 13 | 13 | 13 | 13 |
| Weighted average shares, diluted | 14 | 27 | 27 | 27 | 27 | 27 | 14 | 14 | 13 | 13 | 13 | 13 |
| EBITDA | 22 | 19 | 18 | 13 | 12 | 10 | 14 | 21 | 23 | 12 | 16 | 13 |
| Depreciation & amortization | 2 | 1 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 4 | 0 | 1 |
| EBIT | 21 | 18 | 18 | 13 | 12 | 10 | 13 | 21 | 23 | 7 | 16 | 12 |