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Side-by-side financial comparison of Sunlands Technology Group (STG) and Verastem, Inc. (VSTM). Click either name above to swap in a different company.

Verastem, Inc. is the larger business by last-quarter revenue ($11.2M vs $10.1M, roughly 1.1× Sunlands Technology Group). Sunlands Technology Group runs the higher net margin — 24.0% vs -876.3%, a 900.3% gap on every dollar of revenue.

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.

Verastem, Inc., doing business as Verastem Oncology, is an American pharmaceutical company that develops medicines to treat certain cancers. Headquartered and founded in Boston, Massachusetts, the firm is a member of NASDAQ Biotechnology Index.

STG vs VSTM — Head-to-Head

Bigger by revenue
VSTM
VSTM
1.1× larger
VSTM
$11.2M
$10.1M
STG
Higher net margin
STG
STG
900.3% more per $
STG
24.0%
-876.3%
VSTM

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
STG
STG
VSTM
VSTM
Revenue
$10.1M
$11.2M
Net Profit
$2.4M
$-98.5M
Gross Margin
88.5%
Operating Margin
26.5%
-362.2%
Net Margin
24.0%
-876.3%
Revenue YoY
Net Profit YoY
-311.1%
EPS (diluted)
$-1.35

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
STG
STG
VSTM
VSTM
Q3 25
$10.1M
$11.2M
Q2 25
$9.3M
$2.1M
Q4 24
$9.7M
Q3 24
$0
Q2 24
$10.0M
$10.0M
Q3 23
$9.9M
Q2 23
$10.0M
Net Profit
STG
STG
VSTM
VSTM
Q3 25
$2.4M
$-98.5M
Q2 25
$1.4M
$-25.9M
Q4 24
$1.8M
Q3 24
$-24.0M
Q2 24
$2.2M
$-8.3M
Q3 23
$2.5M
Q2 23
$3.3M
Gross Margin
STG
STG
VSTM
VSTM
Q3 25
88.5%
Q2 25
85.2%
Q4 24
83.3%
Q3 24
Q2 24
85.2%
Q3 23
87.8%
Q2 23
88.7%
Operating Margin
STG
STG
VSTM
VSTM
Q3 25
26.5%
-362.2%
Q2 25
15.2%
-2047.9%
Q4 24
13.4%
Q3 24
Q2 24
-182.8%
Q3 23
23.3%
Q2 23
29.6%
Net Margin
STG
STG
VSTM
VSTM
Q3 25
24.0%
-876.3%
Q2 25
15.4%
-1213.6%
Q4 24
18.2%
Q3 24
Q2 24
21.5%
-82.6%
Q3 23
25.1%
Q2 23
33.0%
EPS (diluted)
STG
STG
VSTM
VSTM
Q3 25
$-1.35
Q2 25
$-0.62
Q4 24
Q3 24
$-0.60
Q2 24
$0.31
$-0.31
Q3 23
Q2 23

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
STG
STG
VSTM
VSTM
Cash + ST InvestmentsLiquidity on hand
$15.1M
$137.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$17.7M
$-15.5M
Total Assets
$41.2M
$176.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
STG
STG
VSTM
VSTM
Q3 25
$15.1M
$137.7M
Q2 25
$164.3M
Q4 24
$15.6M
Q3 24
$113.2M
Q2 24
$18.7M
$83.4M
Q3 23
$16.5M
Q2 23
Total Debt
STG
STG
VSTM
VSTM
Q3 25
Q2 25
Q4 24
$1.5M
Q3 24
$40.5M
Q2 24
$1.8M
$40.3M
Q3 23
$2.2M
Q2 23
Stockholders' Equity
STG
STG
VSTM
VSTM
Q3 25
$17.7M
$-15.5M
Q2 25
$12.6M
$36.1M
Q4 24
$10.7M
Q3 24
$11.1M
Q2 24
$7.6M
$18.9M
Q3 23
$2.5M
Q2 23
Total Assets
STG
STG
VSTM
VSTM
Q3 25
$41.2M
$176.9M
Q2 25
$40.3M
$196.3M
Q4 24
$42.4M
Q3 24
$126.4M
Q2 24
$41.3M
$105.7M
Q3 23
$40.0M
Q2 23
Debt / Equity
STG
STG
VSTM
VSTM
Q3 25
Q2 25
Q4 24
0.14×
Q3 24
3.66×
Q2 24
0.24×
2.14×
Q3 23
0.86×
Q2 23

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
STG
STG
VSTM
VSTM
Operating Cash FlowLast quarter
$-36.2M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
STG
STG
VSTM
VSTM
Q3 25
$-36.2M
Q2 25
$-32.7M
Q4 24
Q3 24
$-23.8M
Q2 24
$-27.6M
Q3 23
Q2 23
Free Cash Flow
STG
STG
VSTM
VSTM
Q3 25
Q2 25
Q4 24
Q3 24
Q2 24
$-27.6M
Q3 23
Q2 23
FCF Margin
STG
STG
VSTM
VSTM
Q3 25
Q2 25
Q4 24
Q3 24
Q2 24
-275.8%
Q3 23
Q2 23
Capex Intensity
STG
STG
VSTM
VSTM
Q3 25
Q2 25
Q4 24
Q3 24
Q2 24
0.1%
Q3 23
Q2 23

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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