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Stock impact report

Sunlands Technology Group Announces Unaudited Third Quarter 2025 Financial Results

Sunlands Technology Group American Depositary Shares, representing Class A ordinary shares (STG) 
Company Research Source: GlobeNewswire
BEIJING, Nov. 20, 2025 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE: STG) (“Sunlands” or the “Company”), a leader in China’s adult online education market and China’s adult personal interest learning market, today announced its unaudited financial results for the third quarter ended September 30, 2025. Third Quarter 2025 Financial and Operational Snapshots Net revenues were RMB523.0 million (US$73.5 million), compared to RMB491.3 million in the third quarter of 2024.Gross billings (non-GAAP) were RMB349.2 million (US$49.0 million), compared to RMB360.3 million in the third quarter of 2024.Gross profit was RMB462.7 million (US$65.0 million), compared to RMB409.2 million in the third quarter of 2024.Net income was RMB125.4 million (US$17.6 million), compared to RMB89.3 million in the third quarter of 2024.Net income margin1 was 24.0% in the third quarter of 2025, compared to 18.2% in the third quarter of 2024.New student enrollments2 were 137,493, compared to 158,395 in t Show less Read more
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