Chegg (CHGG) Cost of Revenue (2013 - 2026)
Chegg's Cost of Revenue was $22.23 million in Q3 2026, down 29.9% from $31.7 million a year earlier and down 5.7% from the prior quarter.
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Analysis
Chegg (CHGG) Cost of Revenue (2013 - 2026) Analysis & Trends
On a trailing twelve-month basis, Chegg's Cost of Revenue was $102.17 million through Sep 30, 2026, down 38.7% year-over-year; for FY2025, it came in at $152.15 million, down 15.9% from FY2024.
- Cost of Revenue shows a five-year compound annual growth rate of -5.8% (FY2020 to FY2025).
- In earlier years, Cost of Revenue was $180.93 million in FY2024 (-19.9%), $225.94 million in FY2023 (+14.5%), $197.4 million in FY2022 (-22.6%) and $254.9 million in FY2021 (+24.1%).
- The Q3 2026 figure marks the lowest quarterly Cost of Revenue since Q3 2019.
- Compared with a year earlier, Cost of Revenue has declined for six straight quarters, with an average decline of 22.7% over the last eight quarters.
- The best year-over-year quarter for Cost of Revenue over five years was Q3 2023 (growth of 84.9%); the worst was Q1 2026 (a decline of 53.0%).
- Per Business Quant data, CHGG's Cost of Revenue in the three quarters before Q3 2026 was $23.57 million (Q2 2026), $25.37 million (Q1 2026) and $31 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 49.99 Bn | 22.24 Bn | 695.95 Mn | 232.01 Mn |
| 3 | Samsara | 24.78 Bn | 21.56 Bn | 392.58 Mn | 115.86 Mn |
| 4 | Ptc | 22.46 Bn | 21.28 Bn | 490.47 Mn | 109.58 Mn |
| 5 | Toast | 20.09 Bn | 12.73 Bn | 543.00 Mn | 1.44 Bn |
| 6 | Manhattan Associates | 14.85 Bn | 13.91 Bn | 174.30 Mn | 131.89 Mn |
| 7 | Bentley Systems | 14.20 Bn | 13.67 Bn | 349.55 Mn | 71.96 Mn |
| 8 | Trimble | 12.81 Bn | 11.90 Bn | 659.10 Mn | 307.70 Mn |
| 9 | Costar | 12.56 Bn | 7.95 Bn | 741.00 Mn | 211.00 Mn |
| 10 | Chegg | 67.51 Mn | -49.00 Mn | 24.24 Mn | 22.23 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 22.23 Mn |
| Jun 30, 2026 | 23.57 Mn |
| Mar 31, 2026 | 25.37 Mn |
| Dec 31, 2025 | 31.00 Mn |
| Sep 30, 2025 | 31.70 Mn |
| Jun 30, 2025 | 35.48 Mn |
| Mar 31, 2025 | 53.97 Mn |
| Dec 31, 2024 | 45.60 Mn |
| Sep 30, 2024 | 43.42 Mn |
| Jun 30, 2024 | 45.41 Mn |
| Mar 31, 2024 | 46.50 Mn |
| Dec 31, 2023 | 45.80 Mn |
| Sep 30, 2023 | 83.58 Mn |
| Jun 30, 2023 | 47.41 Mn |
| Mar 31, 2023 | 49.15 Mn |
| Dec 31, 2022 | 51.42 Mn |
| Sep 30, 2022 | 45.20 Mn |
| Jun 30, 2022 | 45.68 Mn |
| Mar 31, 2022 | 55.09 Mn |
| Dec 31, 2021 | 55.71 Mn |
API Access
Chegg Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=CHGG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "CHGG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=CHGG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();