Chegg (CHGG) Debt Ratio (2018 - 2026)
Chegg (CHGG) posted Debt Ratio of 0.15 for Q2 2026, up 7.31% on a QoQ basis from 0.14 in Q1 2026, and down 3.81% year-over-year from 0.15 in Q2 2025.
Analysis
Chegg (CHGG) Debt Ratio (2018 - 2026) Analysis & Trends
Chegg has reported Debt Ratio for 9 years, with the latest figure at 0.15 in Q2 2026.
- On a quarterly basis, Debt Ratio fell 3.81% year-over-year to 0.15 in Q2 2026; TTM through Jun 2026 was 0.15, a 3.81% decrease from a year earlier, with the FY2025 full-year figure at 0.19, down 65.42% from the prior year.
- Debt Ratio was 0.15 for Q2 2026 at Chegg, up from 0.14 in the prior quarter.
- The five-year high for Debt Ratio was 0.63 in Q2 2022, with the low at 0.14 in Q1 2026.
- Average Debt Ratio over 5 years is 0.38, with a median of 0.37 recorded in 2023.
- The sharpest annual moves came in 2024 and 2025: Debt Ratio jumped 80.64% in 2024, then plunged 72.43% in 2025.
- Over 5 years, Debt Ratio stood at 0.48 in 2022, then declined by 27.97% to 0.35 in 2023, then soared by 61.03% to 0.56 in 2024, then plunged by 65.42% to 0.19 in 2025, then retreated by 23.12% to 0.15 in 2026.
- The last three Debt Ratio figures came in at 0.15 (Q2 2026), 0.14 (Q1 2026), and 0.19 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Duolingo | 14.45 Bn | 13.13 Bn | 216.74 Mn | - |
| 2 | Youdao | 3.62 Bn | 3.50 Bn | 105.66 Mn | 0.86 |
| 3 | Coursera | 1.59 Bn | 604.41 Mn | 173.40 Mn | - |
| 4 | Docebo | 712.07 Mn | 666.36 Mn | 54.53 Mn | 0.36 |
| 5 | 51Talk Online Education | 344.94 Mn | 309.51 Mn | 22.97 Mn | 0.05 |
| 6 | iHuman | 124.70 Mn | -34.09 Mn | 17.68 Mn | 0.00 |
| 7 | Nerdy | 119.95 Mn | 90.19 Mn | 27.98 Mn | 0.30 |
| 8 | Chegg | 94.28 Mn | 21.96 Mn | 28.28 Mn | 0.15 |
| 9 | Skillsoft | 60.79 Mn | -57.58 Mn | 78.61 Mn | 0.67 |
| 10 | Sunlands Technology | 39.07 Mn | 38.85 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.15 |
| Mar 31, 2026 | 0.14 |
| Dec 31, 2025 | 0.19 |
| Sep 30, 2025 | 0.17 |
| Jun 30, 2025 | 0.15 |
| Mar 31, 2025 | 0.14 |
| Dec 31, 2024 | 0.56 |
| Sep 30, 2024 | 0.60 |
| Jun 30, 2024 | 0.54 |
| Mar 31, 2024 | 0.35 |
| Dec 31, 2023 | 0.35 |
| Sep 30, 2023 | 0.33 |
| Jun 30, 2023 | 0.39 |
| Mar 31, 2023 | 0.50 |
| Dec 31, 2022 | 0.48 |
| Sep 30, 2022 | 0.50 |
| Jun 30, 2022 | 0.63 |
| Mar 31, 2022 | 0.63 |
| Dec 31, 2021 | 0.57 |
| Sep 30, 2021 | 0.53 |