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Golden Sun Technology Group Ltd. (GSUN) stock

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NASDAQ: GSUN Nasdaq Education Services

C Fundamentals grade

Golden Sun Technology Group Ltd. is a US-listed company in the education services industry. Its financial year ends in September.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: cash-flow, stock-pay or share-count figures missing or out of date.

Price vs value

Under review: cash-flow, stock-pay or share-count figures missing or out of date. We'll show the comparison once resolved.

Golden Sun Technology Group Ltd. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Funds3 adding, 3 cuttingOf 1 active managers that changed their stake, 1 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Golden Sun Technology Group files

Where Golden Sun Technology stands after its latest Filing

Revenue for the twelve months was $35m, up 482.8% on a year earlier, faster than the 134.8% growth a quarter earlier. That growth ranks 1 of 25 among the education services companies we cover. Free-cash-flow margin fell to -26.3% from -0.4% a year earlier. Operating margin narrowed to -5.9% from 13.0%. The diluted share count is up 43.8% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades C. It passes 3 of our 6 financial-health checks.

Our model value for Golden Sun Technology Group is under review, so past values are not shown until it is resolved.

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Golden Sun Technology Group Ltd.'s trailing-twelve-month revenue grew 482.8% year on year, with a free-cash-flow margin of -26.3%. Where it stands out: revenue growth of 482.8% ranks 1 of 25 education services companies we cover. Where it lags: gross margin of 2.3% ranks 18 of 19 education services companies we cover.

Current signal Revenue growth accelerating: TTM revenue growth rose to 482.8% (+348.1pp vs the prior quarter).

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Fast growth. Revenue grew 482.8% over the last 12 months, against a median of 7.5% for education services companies we cover.
  • Growth speeding up. The growth rate is 348.1 points higher than a quarter earlier.
  • Margins widening. Operating margin is up 22.7 points on a year ago.

Things to watch

  • Loss-making. Operating margin is -5.9%: costs exceed revenue.
  • Burning cash. Free cash flow was -26.3% of revenue over the last 12 months.
  • Heavy stock-based pay. Stock pay equals 70.4% of revenue: a real cost that cash-flow figures leave out.
  • Share dilution. Diluted shares rose 43.8% in a year.
  • Volatile shares. Over the past year the shares showed annualised volatility of 171% and a beta of 0.5 against the S&P 500.
  • Gross margin slipping. Gross margin is down 14.0 points on a year ago.

Price chart

  • 1 day+0.6%
  • 1 week-0.6%
  • 1 month-20.3%
  • This year-84.8%
  • 1 year-92.2%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$35.5M
Operating margin
-5.9%
Net margin
-14.3%
EPS (TTM, diluted)
$-1.79

Growth

Revenue growth
+482.8%
Change in growth rate
+348.1 pts
Share count change
+43.8%

Cash

Free cash flow (TTM)
-$9.3M
FCF margin
-26.3%

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

No recent updates are available for GSUN from the sources we follow. See filings →

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Golden Sun Technology Group Ltd. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: cash-flow, stock-pay or share-count figures missing or out of date.

Valuation multiples over time Market data may be delayed

At fiscal year end 2022202320242025
Share price$274.50$7.96$6.76$2.63
Market value$396m$15m$13m$7m
+ Net debt (− = net cash)−$17m$3.2bn$3m$3m
Enterprise value$379m$3.3bn$16m$11m
Multiples
Price / sales 0.0x5.8x2.2x0.2x
Price / earnings ————
Price / free cash flow 0.5x———
EV / EBITDA —21.7x0.2x—

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

No analyst estimates are published for Golden Sun Technology Group Ltd.: too few analysts cover it.

Positioning

Short interest
13.1%
of tradable shares
Days to cover
0.22
at average volume
Short interest, 1 month
+98%
to October 15, 2026
Held by institutions
2%
of shares
Held by insiders
2.7%
of shares
Employees
95
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Return and risk by year

Calendar year 2023202420252026 to date
Return
GSUN−46%−55%−57%−85%
Industry peers (median)+26%+25%+2%−8%
S&P 500+26%+25%+18%+11%
Months that ended higher
GSUN33%33%33%27%
S&P 50067%75%75%46%
Largest fall from a high during the year
GSUN−87%−78%−70%−88%
S&P 500−10%−8%−19%−9%

Worst fall since June 22, 2022: 100% from August 18, 2022 to October 30, 2026. Getting back needed a 384493% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$0.17 – $2.25
From 52-week high
−92.3%
vs 50-day average
−23.2%
vs 200-day average
−65.7%
Volatility (1 year)
171%
Beta vs S&P 500
0.48

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Golden Sun Technology Group Ltd. in five measures

Fundamentals grade C
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Golden Sun Technology Group Ltd.
$0 $5B $10B $15B FY20 Q4 FY21 Q4 FY22 Q4 FY23 Q4 FY24 Q4 FY25 Q4 Revenue (TTM), FY20 Q4: $7.7M Revenue (TTM), FY21 Q4: $15M Revenue (TTM), FY22 Q4: $10.8B Revenue (TTM), FY23 Q4: $2.6M Revenue (TTM), FY24 Q4: $6.1M Revenue (TTM), FY25 Q4: $35.5M $35.5M

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period Revenue (TTM)
FY20 Q4 $7.7M
FY21 Q4 $15M
FY22 Q4 $10.8B
FY23 Q4 $2.6M
FY24 Q4 $6.1M
FY25 Q4 $35.5M
Revenue growth, TTM YoY Golden Sun Technology Group Ltd.
-20000% 0% 20000% 40000% 60000% 80000% FY21 Q4 FY22 Q4 FY23 Q4 FY24 Q4 FY25 Q4 Revenue growth, TTM YoY, FY21 Q4: 94.3% Revenue growth, TTM YoY, FY22 Q4: 71868.2% Revenue growth, TTM YoY, FY23 Q4: -100.0% Revenue growth, TTM YoY, FY24 Q4: 134.8% Revenue growth, TTM YoY, FY25 Q4: 482.8% 482.8%

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period Revenue growth, TTM YoY
FY21 Q4 94.3%
FY22 Q4 71868.2%
FY23 Q4 -100.0%
FY24 Q4 134.8%
FY25 Q4 482.8%
Operating margin (TTM) Golden Sun Technology Group Ltd.
-150% -100% -50% 0% 50% FY20 Q4 FY21 Q4 FY22 Q4 FY23 Q4 FY24 Q4 FY25 Q4 Operating margin (TTM), FY20 Q4: 0.7% Operating margin (TTM), FY21 Q4: 13.0% Operating margin (TTM), FY22 Q4: -14.2% Operating margin (TTM), FY23 Q4: -127.4% Operating margin (TTM), FY24 Q4: -28.6% Operating margin (TTM), FY25 Q4: -5.9% -5.9%

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period Operating margin (TTM)
FY20 Q4 0.7%
FY21 Q4 13.0%
FY22 Q4 -14.2%
FY23 Q4 -127.4%
FY24 Q4 -28.6%
FY25 Q4 -5.9%
FCF margin (TTM) Golden Sun Technology Group Ltd.
-200% -150% -100% -50% 0% 50% FY20 Q4 FY21 Q4 FY22 Q4 FY23 Q4 FY24 Q4 FY25 Q4 FCF margin (TTM), FY20 Q4: 15.4% FCF margin (TTM), FY21 Q4: -0.4% FCF margin (TTM), FY22 Q4: 6.8% FCF margin (TTM), FY23 Q4: -164.2% FCF margin (TTM), FY24 Q4: -81.3% FCF margin (TTM), FY25 Q4: -26.3% -26.3%

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period FCF margin (TTM)
FY20 Q4 15.4%
FY21 Q4 -0.4%
FY22 Q4 6.8%
FY23 Q4 -164.2%
FY24 Q4 -81.3%
FY25 Q4 -26.3%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 20-F. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2020 Sept 2020 2021 Sept 2021 2022 Sept 2022 2023 Sept 2023 2024 Sept 2024 2025 Sept 2025
Income
Revenue 0.0 0.0 10.8 0.0 0.0 0.0
Gross profit 0.0 0.0 4.8 0.0 0.0 0.0
EBITDA 0.0 0.0 −1.4 0.2 0.1 −0.0
Operating income 0.0 0.0 −1.5 −0.0 −0.0 −0.0
Net income 0.0 0.0 −2.1 −0.0 −0.0 −0.0
Diluted EPS — — −$1.48 −$3.08 −$1.87 —
Growth (year on year)
Revenue — +94.3% +>999% −100.0% +134.8% +482.8%
EBITDA — — <−999% — −39.4% −102.2%
Operating income — — <−999% — — —
Net income — — <−999% — — —
Margins
Gross margin 47.3% 58.7% 44.5% 49.3% 16.3% 2.3%
EBITDA margin 1.8% 13.9% −12.7% >999% >999% −5.7%
Operating margin 0.7% 13.0% −14.2% −127.4% −28.6% −5.9%
Net margin 0.5% 13.2% −19.8% −223.2% −60.9% −14.3%
Free-cash-flow margin 15.4% −0.4% 6.8% −164.2% −81.3% −26.3%
Cash flow
Cash from operations 0.0 0.0 0.9 −0.0 −0.0 −0.0
Capital spending 0.0 0.0 0.2 0.0 0.0 0.0
Free cash flow 0.0 −0.0 0.7 −0.0 −0.0 −0.0
Stock-based pay — — — 0.0 — —
Free cash flow after stock pay — — — −0.0 — —
Balance sheet
Cash 0.0 0.0 0.0 0.0 0.0 0.0
Total debt 0.0 0.0 0.0 3.2 0.0 0.0
Net debt (negative = net cash) −0.0 0.0 −0.0 3.2 0.0 0.0
Diluted shares 1m 1m 1m 2m 2m 3m

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

3 of 6 checks passed · September 30, 2025
What it owns · $24m
Short-term assets $13mLonger-term assets $11m
What it owes, and who funded it · $24m
Short-term liabilities $11mLonger-term liabilities $4mShareholders' equity $9m
  • Short-term assets cover short-term liabilities $13m of assets due within a year against $11m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $13m short-term assets against $4m of longer-dated liabilities.
  • More cash than debt $775,334 of cash against $3m of debt.
  • Debt below 40% of shareholders' equity Debt is 33% of equity.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt −$9m of operating cash flow against $3m of debt.
  • Operating profit covers interest at least five times over Operating income of −$2m against $340,474 of interest.

From Golden Sun Technology Group Ltd.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Diluted share count
+43.8%
year over year
R&D spending
14348.0%
of revenue
Days sales outstanding
23 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in education services
Last 12 months unless stated GSUN AACG LGCY YQ COE ZCMD Median
Revenue, last 12 months $35m $37m $80m $15m $96m $11m $266m
Revenue growth, last 12 months 482.8% 0.1% 24.8% −43.9% 88.6% −28.3% 7.5%
Gross margin 2.3% 48.6% — 47.8% 73.9% 45.0% 54.6%
Operating margin −5.9% −23.9% 14.8% −154.3% −15.1% −54.4% 5.0%
Operating margin, 3-year average — −342.2% 14.6% — −221.7% — 5.9%
Net margin −14.3% −17.9% 11.4% −145.6% −17.6% −55.5% 3.9%
Cash from operations / revenue −26.3% −5.9% 5.0% 35.2% 12.4% 7.4% 8.4%
Free-cash-flow margin −26.3% −6.4% 3.3% 28.7% 10.0% 6.1% 5.8%
Free-cash-flow margin, 3-year average — −3.2% 5.6% — <−999% 2.3% 5.4%
Stock pay / revenue 70.4% 0.2% 1.5% 29.1% 1.4% 32.6% 1.4%
Change in share count 43.8% 0.7% 9.9% 24.7% 2.3% 425.3% 0.7%

Median of all 25 companies we cover in education services. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

25 education services companies
Measure Company Peer median Rank
Revenue growth Growth 482.8% 7.5% 1 of 25
Change in growth rate Growth +348.1pp -0.5pp 1 of 25
Gross margin Profitability 2.3% 54.6% 18 of 19
Operating margin Profitability -5.9% 5.0% 15 of 25
Net margin Profitability -14.3% 3.9% 15 of 25
Free-cash-flow margin Cash generation -26.3% 5.8% 23 of 25
Long-term debt as % of assets Balance sheet 12.2% 16.5% 7 of 14
Change in share count Balance sheet 43.8% 0.7% 22 of 24
Days sales outstanding Balance sheet 23 days 29 days 9 of 18

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Who owns it

Funds buying and selling
Reported value
$75,191
Institutions reporting
5
Shares held vs prior quarter
▲ 5.9%
Positions opened / closed
2 / 1

Top buyers and sellers, Q2 2026: 3 institutions bought and 3 sold ; the biggest buyer was Citadel Advisors LLC (+20K shares) and the biggest seller UBS Group AG (−19K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Xtx Topco Ltd $40,308 121K 53.6% ▼ 13.6%
Jane Street Group, LLC $18,940 57K 25.2% ▲ 40.2%
Citadel Advisors LLC $6,574 20K 8.7% New
Two Sigma Securities, LLC $4,965 15K 6.6% New
UBS Group AG $4,404 13K 5.9% ▼ 59.5%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Golden Sun Technology Group Ltd.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $0 net buying

No open-market insider trades reported in the last 12 months.

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Recent SEC filings

Data status

When each part of this page on Golden Sun Technology Group Ltd. was last updated.

DataLast updatedSource
Share priceExchange closing prices
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Golden Sun Technology Group Ltd. in brief

What does Golden Sun Technology Group Ltd. do?
Golden Sun Technology Group Ltd. is a US-listed company in the education services industry. Its financial year ends in September.
What is Golden Sun Technology Group Ltd.'s stock ticker?
Golden Sun Technology Group Ltd. trades under the ticker GSUN on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Golden Sun Technology Group Ltd.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Golden Sun Technology Group Ltd. reported revenue of $35.5M, 482.8% higher than a year earlier, according to its SEC filings.
What is Golden Sun Technology Group Ltd.'s free cash flow?
Golden Sun Technology Group Ltd.'s free-cash-flow margin is -26.3% of revenue over the trailing twelve months, ranking 23 of the 25 education services companies we cover.
Who are Golden Sun Technology Group Ltd.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Xtx Topco Ltd, Jane Street Group, LLC and Citadel Advisors LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Golden Sun Technology Group Ltd.'s market cap?
On September 30, 2025, Golden Sun Technology Group Ltd.'s market capitalisation was about $7.5M and net debt of $3.4M. Market figures come from third-party market data and may be delayed.
How much debt does Golden Sun Technology Group Ltd. have?
Golden Sun Technology Group Ltd.'s debt-to-equity ratio is 33.5%, from its latest balance sheet. The financial health section below sets out its other solvency checks.
Who are Golden Sun Technology Group Ltd.'s competitors?
In our Education Services peer group, the companies closest to Golden Sun Technology Group Ltd. are ATA Creativity Global, Legacy Education Inc., 17 Education & Technology Group Inc., 51talk Online Education Group and Zhongchao Inc. The side-by-side comparison below sets their revenue, margins and growth against Golden Sun Technology Group Ltd.'s.