Chegg CHGG
NYSE CHGG
$0.85 -0.13 (-13.27%)
At close: Sep 4, 2026 · 4:00 PM EDT

Chegg (CHGG) Cost of Revenue (2013 - 2026)

Chegg (CHGG) posted Cost of Revenue of $23.6 million for Q2 2026, down 7.12% on a QoQ basis from $25.4 million in Q1 2026, and down 33.57% year-over-year from $35.5 million in Q2 2025.

Analysis

Chegg (CHGG) Cost of Revenue (2013 - 2026) Analysis & Trends

Chegg has reported Cost of Revenue for 14 years, with the latest figure at $23.6 million in Q2 2026.

  • On a quarterly basis, Cost of Revenue fell 33.57% year-over-year to $23.6 million in Q2 2026; TTM through Jun 2026 was $111.6 million, a 37.45% decrease from a year earlier, with the FY2025 full-year figure at $152.2 million, down 15.9% from the prior year.
  • Cost of Revenue was $23.6 million for Q2 2026 at Chegg, down from $25.4 million in the prior quarter.
  • The five-year high for Cost of Revenue was $83.6 million in Q3 2023, with the low at $23.6 million in Q2 2026.
  • Average Cost of Revenue over 5 years is $44.7 million, with a median of $45.6 million recorded in 2022.
  • The sharpest annual moves came in 2023 and 2026: Cost of Revenue surged 84.89% in 2023, then sank 52.99% in 2026.
  • Over 5 years, Cost of Revenue stood at $51.4 million in 2022, then decreased by 10.93% to $45.8 million in 2023, then slipped by 0.45% to $45.6 million in 2024, then slumped by 32.02% to $31.0 million in 2025, then slipped by 23.97% to $23.6 million in 2026.
  • The last three Cost of Revenue figures came in at $23.6 million (Q2 2026), $25.4 million (Q1 2026), and $31.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Duolingo 14.45 Bn 13.13 Bn 216.74 Mn 81.71 Mn
2 Youdao 3.62 Bn 3.50 Bn 105.66 Mn 110.53 Mn
3 Coursera 1.59 Bn 604.41 Mn 173.40 Mn 125.20 Mn
4 Docebo 712.07 Mn 666.36 Mn 54.53 Mn 14.12 Mn
5 51Talk Online Education 344.94 Mn 309.51 Mn 22.97 Mn 8.21 Mn
6 iHuman 124.70 Mn -34.09 Mn 17.68 Mn 8.77 Mn
7 Nerdy 119.95 Mn 90.19 Mn 27.98 Mn 15.25 Mn
8 Chegg 94.28 Mn 21.96 Mn 28.28 Mn 23.57 Mn
9 Skillsoft 60.79 Mn -57.58 Mn 78.61 Mn 15.89 Mn
10 Sunlands Technology 39.07 Mn 38.85 Mn - -
Historic Data

Historic Data

Download Data
DateValue
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
Sep 30, 2021 67.10 Mn