Sunlands Technology Group (STG) Gross margin 2018–2025
Sunlands Technology Group (STG) gross margin by fiscal year — reported gross profit divided by reported revenue.
86.9%FY2025 · since FY2018: 83.3% → 86.9%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 86.9% | +2.9 pp |
| FY2024 | 84.0% | -3.7 pp |
| FY2023 | 87.7% | +2.7 pp |
| FY2022 | 85.0% | +0.0 pp |
| FY2021 | 85.0% | +2.6 pp |
| FY2020 | 82.4% | +0.5 pp |
| FY2019 | 81.9% | -1.3 pp |
| FY2018 | 83.3% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice