Sunlands FY26 Q2 net income drops 34.09% to RMB 83.5 million; revenue falls 24.6% to RMB 406.4 million

Reuters2026/08/20 08:30

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Sunlands posted Q2 net revenue of RMB 406.4 million, down 24.6% year over year.
Net income fell 34.1% to RMB 83.5 million; net income margin narrowed 3 percentage points to 20.5%.
New student enrollments dropped to 95,280; gross billings (non-GAAP) slid to RMB 286.2 million.
Board authorized a US$ 50 million ADS repurchase program; 680,353 ADSs were bought for about US$ 2.3 million.
Q3 net revenue forecast set at RMB 330 million to RMB 350 million, implying a 33.1% to 36.9% decline.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sunlands Technology Group published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608200430PRIMZONEFULLFEED9813363) on August 20, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Sunlands FY26 Q2 net income drops 34.09% to RMB 83.5 million; revenue falls 24.6% to RMB 406.4 million

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