Sunlands Technology Group (STG) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q4'21 | Q4'20 | Q3'20 | Q2'20 | Q4'17 |
|---|
| Cash from Operations | 142.81M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18.02M | 19.14M | 0 | 62.65M | 18.63M | -2.38B | -740.64M | 0 | 0 | 552M |
| Operating CF Margin % | 30.37% | - | - | - | - | - | - | - | - | 3.43% | 3.64% | - | 10.83% | 3.23% | -403.49% | -126.7% | - | - | 160.16% |
| Operating CF Growth % | - | - | - | - | - | -100% | -100% | - | -100% | -3.28% | - | - | 102.64% | - | -220.81% | - | - | - | - |
| Net Income | 28.41M | 125.44M | 126.64M | 75.18M | 57.81M | 89.29M | 82.25M | 112.73M | 155.2M | 132.67M | 179.4M | 180.11M | 173.91M | 175.15M | 3.68B | -73.15M | -165.68M | -126.19M | -427.72M |
| Depreciation & Amortization | 28.01M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.01M | 9.57M | 0 | 17.89M | 9.31M | 241.37M | 35.27M | 0 | 0 | 5M |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 49.2M | 0 | 4.89M | 29.75M | 0 | 0 | 0 |
| Deferred Taxes | 5.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 85.42M | 0 | -167.1M | 72.5M | 0 | 0 | 0 |
| Other Non-Cash Items | 407.51M | -125.44M | -126.64M | -75.18M | -57.81M | -89.29M | -82.25M | -112.73M | -155.2M | -123.66M | -169.83M | -180.11M | -156.02M | -165.84M | -6.13B | 135.8M | 165.68M | 126.19M | 33.92M |
| Working Capital Changes | -326.63M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -107.75M | 0 | 0 | -940.8M | 0 | 0 | 940.8M |
| Change in Receivables | 27.05M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | -12.39M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 659.04M | 0 | 2.18B | 138.89M | 0 | 0 | -488.2M |
| Capital Expenditures | -636.18K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 393.9M | 0 | 0 | -393.9M |
| CapEx % of Revenue | 0.14% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 67.38% | - | - | 114.29% |
| Acquisitions | 1.95K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 3.86M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -116.74M | 0 | 59.97M | 44.66M | 0 | 0 | -94.3M |
| Cash from Financing | -46.41M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -465.33M | 0 | -247.66M | -462.38M | 0 | 0 | 403.3M |
| Debt Issued (Net) | -40.41M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | -6M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -223.11M | 0 | 0 | -43M | 0 | 0 | -43M |
| Share Repurchases | -6M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -376.3M | 0 | 0 | 376.3M |
| Other Financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -242.21M | 0 | -247.66M | -419.38M | 0 | 0 | 446.3M |
| Net Change in Cash | 577.13M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -13.52M | 0 | 90.67M | -92.54M | -442.26M | -1.06B | 0 | 0 | 458.5M |
| Free Cash Flow | 142.6M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18.02M | 19.14M | 0 | 62.65M | 18.63M | -2.38B | -346.74M | 0 | 0 | 158.1M |
| FCF Margin % | 30.33% | - | - | - | - | - | - | - | - | 3.43% | 3.64% | - | 10.83% | 3.23% | -403.49% | -59.31% | - | - | 45.87% |
| FCF Growth % | - | - | - | - | - | -100% | -100% | - | -100% | -3.28% | - | - | 102.64% | - | -585.26% | - | - | - | - |
| FCF per Share | 10.63 | - | - | - | - | - | - | - | - | 1.31 | 1.38 | - | 4.51 | 1.33 | -176.72 | -25.76 | - | - | 19.14 |
| FCF Conversion (FCF/Net Income) | 3.72x | - | - | - | - | - | - | - | - | 0.14x | 0.11x | - | 0.35x | 0.11x | -15.44x | 10.12x | - | - | -1.29x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |