--- title: "Sunlands FY26 Q2 net income drops 34.09% to RMB 83.5 million; revenue falls 24.6% to RMB 406.4 million" type: "News" locale: "en" url: "https://longbridge.com/en/news/296457656.md" description: "Sunlands reported a 34.09% drop in Q2 FY26 net income to RMB 83.5 million and a 24.6% revenue decline to RMB 406.4 million, driven by lower student enrollments and gross billings. The company authorized a US$50 million ADS repurchase program, having bought back shares worth US$2.3 million. Looking ahead, Sunlands forecasts Q3 net revenue between RMB 330 million and RMB 350 million, indicating a significant year-over-year decline." datetime: "2026-08-20T08:30:26.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296457656.md) - [en](https://longbridge.com/en/news/296457656.md) - [zh-HK](https://longbridge.com/zh-HK/news/296457656.md) generator: "portal-rs" --- # Sunlands FY26 Q2 net income drops 34.09% to RMB 83.5 million; revenue falls 24.6% to RMB 406.4 million - Sunlands posted Q2 net revenue of RMB 406.4 million, down 24.6% year over year. \* Net income fell 34.1% to RMB 83.5 million; net income margin narrowed 3 percentage points to 20.5%. \* New student enrollments dropped to 95,280; gross billings (non-GAAP) slid to RMB 286.2 million. \* Board authorized a US$ 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. © Copyright 2026 - Public Technologies (PUBT) ### Related Stocks - [STG.US](https://longbridge.com/en/quote/STG.US.md) ## Related News & Research - [STG: Q2 2026 revenue and net income declined year-over-year, but profitability and liquidity remain solid](https://longbridge.com/en/news/296473903.md) - [Sunlands Technology Group Announces Unaudited Second Quarter 2026 Financial Results | STG Stock News](https://longbridge.com/en/news/296458519.md) - [Skue Sparebank sets new bond interest rate at 5.93% for upcoming period](https://longbridge.com/en/news/296486855.md) - [KIDZ AI announces special shareholder meeting](https://longbridge.com/en/news/296653468.md) - [Xcel Energy sets BRL 0.26 per unit distribution for payment Oct. 26, 2026](https://longbridge.com/en/news/296646864.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**