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Sunlands Technology Group (STG) Revenue & Revenue Breakdown

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Sunlands Technology Group Revenue Highlights

Latest Revenue (Y)

$2.16B

Latest Revenue (Q)

$491.26M

Main Segment (Y)

Sales of products

Sunlands Technology Group Revenue by Period

Sunlands Technology Group Revenue by Year

DateRevenueChange
2023-12-31$2.16B-7.04%
2022-12-31$2.32B-7.37%
2021-12-31$2.51B13.80%
2020-12-31$2.20B0.45%
2019-12-31$2.19B11.14%
2018-12-31$1.97B103.47%
2017-12-31$970.16M131.59%
2016-12-31$418.91M163.45%
2015-12-31$159.01M-

Sunlands Technology Group generated $2.16B in revenue during NA 2023, up -7.04% compared to the previous quarter, and up 109.40% compared to the same period a year ago.

Sunlands Technology Group Revenue by Quarter

DateRevenueChange
2024-09-30$491.26M-0.19%
2024-06-30$492.22M-5.93%
2024-03-31$523.24M-3.41%
2023-12-31$541.72M3.26%
2023-09-30$524.63M-0.33%
2023-06-30$526.35M-7.15%
2023-03-31$566.88M-2.02%
2022-12-31$578.59M0.41%
2022-09-30$576.21M3.82%
2022-06-30$554.99M-9.51%
2022-03-31$613.31M4.15%
2021-12-31$588.88M-1.05%
2021-09-30$595.13M-5.46%
2021-06-30$629.51M-9.33%
2021-03-31$694.30M18.77%
2020-12-31$584.58M7.93%
2020-09-30$541.63M5.69%
2020-06-30$512.48M-9.31%
2020-03-31$565.10M2.80%
2019-12-31$549.72M4.26%
2019-09-30$527.27M-4.60%
2019-06-30$552.69M-2.04%
2019-03-31$564.22M-0.81%
2018-12-31$568.80M10.02%
2018-09-30$517.01M7.31%
2018-06-30$481.80M18.56%
2018-03-31$406.37M17.91%
2017-12-31$344.66M30.53%
2017-09-30$264.04M28.28%
2017-06-30$205.83M32.25%
2017-03-31$155.64M27.27%
2016-12-31$122.29M-
2016-09-30$122.29M28.86%
2016-06-30$94.90M8.88%
2016-03-31$87.16M-

Sunlands Technology Group generated $491.26M in revenue during Q3 2024, up -0.19% compared to the previous quarter, and up 93.33% compared to the same period a year ago.

Sunlands Technology Group Revenue Breakdown

Sunlands Technology Group Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22Dec 21Dec 20
Other Revenue$41.76M$176.01M$79.59M$28.98M$11.29M
Sales of products$245.42M----
Commissions--$46.27M$50.47M$19.98M

Sunlands Technology Group's latest annual revenue breakdown by segment (product or service), as of Dec 24: Sales of products (85.46%), and Other Revenue (14.54%).

Sunlands Technology Group Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
COOTAustralian Oilseeds Limited Ordinary Shares$33.73B$6.79M
STGSunlands Technology Group$2.16B$491.26M
VSATCTM Kids IT Education Inc ADR$1.38B$545.01M
SKILSkillsoft$530.99M$128.82M
YQ17 Education & Technology Group$170.96M$25.50M
AGRZAgroz Inc. Ordinary Shares$40.86M-
LOCLLocal Bounti$38.14M$12.10M

STG Revenue FAQ

What is Sunlands Technology Group’s yearly revenue?

Sunlands Technology Group's yearly revenue for 2023 was $2.16B, representing a decrease of -7.04% compared to 2022. The company's yearly revenue for 2022 was $2.32B, representing a decrease of -7.37% compared to 2021. STG's yearly revenue for 2021 was $2.51B, representing an increase of 13.80% compared to 2020.

What is Sunlands Technology Group’s quarterly revenue?

Sunlands Technology Group's quarterly revenue for Q3 2024 was $491.26M, a -0.19% decrease from the previous quarter (Q2 2024), and a -6.36% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $492.22M, a -5.93% decrease from the previous quarter (Q1 2024), and a -6.48% decrease year-over-year (Q2 2023). STG's quarterly revenue for Q1 2024 was $523.24M, a -3.41% decrease from the previous quarter (Q4 2023), and a -7.70% decrease year-over-year (Q1 2023).

What is Sunlands Technology Group’s revenue growth rate?

Sunlands Technology Group's revenue growth rate for the last 3 years (2021-2023) was -13.89%, and for the last 5 years (2019-2023) was -1.56%.

What are Sunlands Technology Group’s revenue streams?

Sunlands Technology Group's revenue streams in c 24 are Other Revenue, and Sales of products. Other Revenue generated $41.76M in revenue, accounting 14.54% of the company's total revenue, down -76.28% year-over-year. Sales of products generated $245.42M in revenue, accounting 85.46% of the company's total revenue

What is Sunlands Technology Group’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Sunlands Technology Group was Sales of products. This segment made a revenue of $245.42M, representing 85.46% of the company's total revenue.