Growth Metrics

Chegg (CHGG) FCF Margin (2016 - 2026)

Quarterly FCF Margin fell 822.0% to 4.84% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 7.98% through Mar 2026, down 1521.0% year-over-year, with the annual reading at 3.35% for FY2025, 1149.0% down from the prior year.

Chegg's FCF Margin history spans 14 years, with the latest figure at 4.84% for Q1 2026.

  • FCF Margin came in at 4.84% for Q1 2026, up from 21.31% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 29.85% in Q1 2023 to a low of 21.31% in Q4 2025.
  • The 5-year median for FCF Margin is 13.07% (2025), against an average of 10.77%.
  • The largest YoY upside for FCF Margin was 1141bps in 2024 against a maximum downside of -2737bps in 2024.
  • Chegg's FCF Margin stood at 24.45% in 2022, then increased by 13bps to 27.52% in 2023, then crashed by -88bps to 3.37% in 2024, then plummeted by -732bps to 21.31% in 2025, then skyrocketed by 123bps to 4.84% in 2026.
  • Per Business Quant, the three most recent readings for CHGG's FCF Margin are 4.84% (Q1 2026), 21.31% (Q4 2025), and 1.21% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 51Talk Online Education 9.59 Bn 9.55 Bn 22.18 Mn -
2 Graham Holdings 4.73 Bn 3.72 Bn 841.00 Mn 3.93%
3 Laureate Education 4.69 Bn 4.53 Bn -16.39 Mn 19.66%
4 Grand Canyon Education 4.19 Bn 3.94 Bn 244.77 Mn 28.01%
5 Stride 3.77 Bn 2.96 Bn 231.57 Mn 29.13%
6 Perdoceo Education 2.11 Bn 1.43 Bn 174.68 Mn 30.51%
7 Universal Technical Institute 2.01 Bn 1.84 Bn 103.97 Mn -11.94%
8 Strategic Education 1.71 Bn 1.55 Bn - 25.27%
9 Lincoln Educational Services 1.46 Bn 1.44 Bn 120.06 Mn -6.99%
10 Chegg 159.77 Mn 93.85 Mn 37.89 Mn 4.84%

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 4.84%
Dec 31, 2025 -21.31%
Sep 30, 2025 -1.21%
Jun 30, 2025 -11.48%
Mar 31, 2025 13.07%
Dec 31, 2024 3.37%
Sep 30, 2024 17.34%
Jun 30, 2024 -2.19%
Mar 31, 2024 14.51%
Dec 31, 2023 27.52%
Sep 30, 2023 5.94%
Jun 30, 2023 25.18%
Mar 31, 2023 29.85%
Dec 31, 2022 24.45%
Sep 30, 2022 9.72%
Jun 30, 2022 18.47%
Mar 31, 2022 24.97%
Dec 31, 2021 18.34%
Sep 30, 2021 25.06%
Jun 30, 2021 21.82%
Mar 31, 2021 27.52%
Dec 31, 2020 21.35%
Sep 30, 2020 20.84%
Jun 30, 2020 23.59%
Mar 31, 2020 32.68%
Dec 31, 2019 12.77%
Sep 30, 2019 32.61%
Jun 30, 2019 21.81%
Mar 31, 2019 3.98%
Dec 31, 2018 18.05%
Sep 30, 2018 17.77%
Jun 30, 2018 15.84%
Mar 31, 2018 2.17%
Dec 31, 2017 21.16%
Sep 30, 2017 9.34%
Jun 30, 2017 13.46%
Mar 31, 2017 -5.71%
Dec 31, 2016 -21.12%
Sep 30, 2016 47.98%
Jun 30, 2016 5.08%