Sunlands Technology Group Announces Unaudited Second Quarter 2026 Financial Results
Sunlands Technology Group reported Q2 2026 net revenues of RMB406.4 million (US$59.9 million), a 24.6% decrease year-over-year, while net income fell to RMB83.5 million. Operational metrics weakened significantly, with new student enrollments dropping to 95,280 compared to 159,154 in the prior year, and gross billings declining to RMB286.2 million. Management issued Q3 guidance for net revenues between RMB330 million and RMB350 million, implying a year-over-year decrease of 33.1% to 36.9%, reflecting current market uncertainty.
Key figures
- Eps
- 1.85
- Revenue
- 406400000
- Guidance
- Q3 2026 net revenues RMB330 million - RMB350 million (-33.1% to -36.9% YoY)
- Net income
- 83500000
- Gross billings
- 286200000
- Net income margin
- 20.5%
- New student enrollments
- 95280
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