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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)

$523.24M

Main Segment (Y)

Other Revenue

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
2024-03-31$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$155.64M-

Sunlands Technology Group generated $523.24M in revenue during Q1 2024, up -3.41% compared to the previous quarter, and up 90.43% 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 22Dec 21Dec 20Dec 19Dec 18
Commissions$46.27M$50.47M$19.98M$15.38M$6.37M
Other Revenue$79.59M$28.98M$11.29M$8.10M$587.00K

Sunlands Technology Group's latest annual revenue breakdown by segment (product or service), as of Dec 22: Other Revenue (63.24%), and Commissions (36.76%).

Sunlands Technology Group Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
STGSunlands Technology Group$2.16B$523.24M
ATGEAdtalem Global Education$1.58B$417.40M
LAURLaureate Education$1.48B$33.30M
STRAStrategic Education$1.13B$305.96M
IHiHuman$1.02B$250.45M
APEIAmerican Public Education$600.54M$153.12M
LINCLincoln Educational Services$378.07M$102.91M
WAFUWah Fu Education Group$10.69M$3.65M
LOPEGrand Canyon Education-$227.46M

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 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). The company's quarterly revenue for Q4 2023 was $541.72M, a 3.26% increase from the previous quarter (Q3 2023), and a -6.37% decrease year-over-year (Q4 2022). STG's quarterly revenue for Q3 2023 was $524.63M, a -0.33% decrease from the previous quarter (Q2 2023), and a -8.95% decrease year-over-year (Q3 2022).

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 22 are Commissions, and Other Revenue. Commissions generated $46.27M in revenue, accounting 36.76% of the company's total revenue, down -8.31% year-over-year. Other Revenue generated $79.59M in revenue, accounting 63.24% of the company's total revenue, up 174.65% year-over-year.

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

For the fiscal year ending Dec 22, the largest source of revenue of Sunlands Technology Group was Other Revenue. This segment made a revenue of $79.59M, representing 63.24% of the company's total revenue.