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$312.27M
IHiHuman$1.02B$250.45M
APEIAmerican Public Education$600.54M$154.43M
LINCLincoln Educational Services$378.07M$102.91M
WAFUWah Fu Education Group$10.69M$3.65M
VEDUVisionary$8.43M-
LOPEGrand Canyon Education--

STG Revenue FAQ


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.

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).

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%.

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.

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.