Sunlands Technology GroupSTGEarnings & Financial Report
STG Partners, LLC (STG) is an American private equity firm and based in Menlo Park, California. Its predecessor, Symphony Technology Group ("Symphony") was founded in 2002 by Romesh Wadhwani, William Chisholm, and Bryan Taylor. In 2017, Symphony was reorganized as STG Partners. As of March 2025, STG Partners managed approximately $12 billion in 19 pooled investment vehicle for its clients. The firm itself has less than one billion dollars in assets.
STG Q2 2022 Key Financial Metrics
Revenue
$82.9M
Gross Profit
$69.2M
Operating Profit
$16.8M
Net Profit
$17.1M
Gross Margin
83.6%
Operating Margin
20.3%
Net Margin
20.6%
YoY Growth
N/A
Financial Flow
Sunlands Technology Group Q2 2022 Financial Summary
Sunlands Technology Group reported revenue of $82.9M for Q2 2022, with a net profit of $17.1M (20.6% margin). Cost of goods sold was $13.6M, operating expenses totaled $52.4M.
Key Financial Metrics
| Total Revenue | $82.9M |
|---|---|
| Net Profit | $17.1M |
| Gross Margin | 83.6% |
| Operating Margin | 20.3% |
| Report Period | Q2 2022 |
Income Statement
| Q2 2022 | |
|---|---|
| Revenue | $82.9M |
| YoY Growth | N/A |
Balance Sheet
| Q2 2022 | |
|---|---|
| Assets | N/A |
| Liabilities | N/A |
| Equity | N/A |