Chegg (CHGG) Equity Average (2016 - 2026)
Quarterly Equity Average fell 36.41% to $120.4 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $120.4 million through Mar 2026, down 36.41% year-over-year, with the annual reading at $156.3 million for FY2025, 72.52% down from the prior year.
Chegg's Equity Average history spans 13 years, with the latest figure at $120.4 million for Q1 2026.
- Equity Average came in at $120.4 million for Q1 2026, down from $132.8 million in the prior quarter.
- In the past five years, Equity Average ranged from a high of $1.1 billion in Q4 2022 to a low of $120.4 million in Q1 2026.
- The 5-year median for Equity Average is $813.7 million (2022), against an average of $631.8 million.
- Year-over-year, Equity Average increased 25.47% in 2023 and then plummeted 80.89% in 2024.
- Chegg's Equity Average stood at $1.1 billion in 2022, then fell by 8.56% to $989.0 million in 2023, then tumbled by 80.89% to $189.0 million in 2024, then fell by 29.71% to $132.8 million in 2025, then dropped by 9.38% to $120.4 million in 2026.
- Per Business Quant, the three most recent readings for CHGG's Equity Average are $120.4 million (Q1 2026), $132.8 million (Q4 2025), and $152.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 9.59 Bn | 9.55 Bn | 22.18 Mn | -27.58 Mn |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn | 4.80 Bn |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn | 1.12 Bn |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn | 721.56 Mn |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn | 1.59 Bn |
| 6 | Perdoceo Education | 2.11 Bn | 1.43 Bn | 174.68 Mn | 986.16 Mn |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn | 337.91 Mn |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - | 1.64 Bn |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn | 199.26 Mn |
| 10 | Chegg | 159.77 Mn | 93.85 Mn | 37.89 Mn | 120.38 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 120.38 Mn |
| Dec 31, 2025 | 132.84 Mn |
| Sep 30, 2025 | 151.95 Mn |
| Jun 30, 2025 | 171.76 Mn |
| Mar 31, 2025 | 189.33 Mn |
| Dec 31, 2024 | 188.98 Mn |
| Sep 30, 2024 | 275.24 Mn |
| Jun 30, 2024 | 664.49 Mn |
| Mar 31, 2024 | 954.05 Mn |
| Dec 31, 2023 | 988.98 Mn |
| Sep 30, 2023 | 1.03 Bn |
| Jun 30, 2023 | 1.02 Bn |
| Mar 31, 2023 | 1.06 Bn |
| Dec 31, 2022 | 1.08 Bn |
| Sep 30, 2022 | 932.66 Mn |
| Jun 30, 2022 | 813.66 Mn |
| Mar 31, 2022 | 957.72 Mn |
| Dec 31, 2021 | 1.23 Bn |
| Sep 30, 2021 | 1.35 Bn |
| Jun 30, 2021 | 1.29 Bn |
| Mar 31, 2021 | 926.49 Mn |
| Dec 31, 2020 | 627.51 Mn |
| Sep 30, 2020 | 571.89 Mn |
| Jun 30, 2020 | 480.65 Mn |
| Mar 31, 2020 | 480.88 Mn |
| Dec 31, 2019 | 483.67 Mn |
| Sep 30, 2019 | 464.04 Mn |
| Jun 30, 2019 | 443.85 Mn |
| Mar 31, 2019 | 419.39 Mn |
| Dec 31, 2018 | 399.61 Mn |
| Sep 30, 2018 | 388.65 Mn |
| Jun 30, 2018 | 379.37 Mn |
| Mar 31, 2018 | 380.54 Mn |
| Dec 31, 2017 | 380.01 Mn |
| Sep 30, 2017 | 295.51 Mn |
| Jun 30, 2017 | 218.06 Mn |
| Mar 31, 2017 | 218.00 Mn |
| Dec 31, 2016 | 218.52 Mn |
| Sep 30, 2016 | 218.42 Mn |
| Jun 30, 2016 | 221.07 Mn |