Chegg (CHGG) Debt to Equity (2018 - 2026)

Chegg (CHGG) recorded quarterly Debt to Equity of $0.28 in Q1 2026, down 37.88% quarter-over-quarter from $0.45 in Q4 2025, and down 17.03% on a YoY basis from $0.34 in Q1 2025.

Chegg (CHGG) Debt to Equity (2018 - 2026) Analysis & Trends

Chegg's Debt to Equity history runs 9 years deep, the most recent figure standing at $0.28 for Q1 2026.

  • In Q1 2026, Debt to Equity fell 17.03% year-over-year to $0.28; the TTM figure through Mar 2026 stood at $0.28 (down 17.03% YoY), while the FY2025 annual figure was $0.45, down 82.15% from the prior year.
  • Debt to Equity was $0.28 for Q1 2026 at Chegg, down from $0.45 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $3.25 in Q3 2024 to a low of $0.28 in Q1 2026.
  • Historically, Debt to Equity has averaged $1.14 across 5 years, with a median of $0.74 in 2023.
  • The sharpest annual moves came in 2024 and 2025: Debt to Equity surged 460.65% in 2024, then sank 86.83% in 2025.
  • A 5-year view of Debt to Equity shows it stood at $1.06 in 2022, then tumbled by 40.35% to $0.64 in 2023, then soared by 296.55% to $2.52 in 2024, then plunged by 82.15% to $0.45 in 2025, then slumped by 37.88% to $0.28 in 2026.
  • The last three Debt to Equity figures came in at $0.28 (Q1 2026), $0.45 (Q4 2025), and $0.43 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 51Talk Online Education 7.03 Bn 6.99 Bn 22.18 Mn -0.11
2 Laureate Education 5.22 Bn 5.06 Bn -16.39 Mn 0.21
3 Graham Holdings 5.09 Bn 4.08 Bn 841.00 Mn 0.17
4 Covista 4.40 Bn 4.40 Bn 276.31 Mn 0.37
5 Stride 4.17 Bn 3.36 Bn 231.57 Mn 0.25
6 Grand Canyon Education 3.94 Bn 3.69 Bn 244.77 Mn -
7 McGraw Hill 2.19 Bn 1.94 Bn 388.89 Mn 3.54
8 Universal Technical Institute 2.14 Bn 1.97 Bn 103.97 Mn 0.38
9 Perdoceo Education 2.13 Bn 1.45 Bn 174.68 Mn -
10 Chegg 124.02 Mn 58.10 Mn 37.89 Mn 0.28

Historic Data

Download Data
DateValue
Mar 31, 2026 0.28
Dec 31, 2025 0.45
Sep 30, 2025 0.43
Jun 30, 2025 0.40
Mar 31, 2025 0.34
Dec 31, 2024 2.52
Sep 30, 2024 3.25
Jun 30, 2024 1.64
Mar 31, 2024 0.62
Dec 31, 2023 0.64
Sep 30, 2023 0.58
Jun 30, 2023 0.74
Mar 31, 2023 1.18
Dec 31, 2022 1.06
Sep 30, 2022 1.13
Jun 30, 2022 2.05
Mar 31, 2022 2.08
Dec 31, 2021 1.52
Sep 30, 2021 1.24
Jun 30, 2021 1.25