Chegg CHGG
NYSE CHGG
$0.70 -0.02 (-2.68%)
As of: Sep 29, 2026 · 3:59 PM EDT

Chegg (CHGG) Gross Margin (2013 - 2026)

Updated

Chegg (CHGG) reported Gross Margin of 54.55% for Q2 2026, down 11.70 percentage points from 66.25% a year earlier and down 5.34 percentage points from the prior quarter.

Analysis

Chegg (CHGG) Gross Margin (2013 - 2026) Analysis & Trends

Over the twelve months ended Jun 30, 2026, Chegg's Gross Margin came in at 57.95%, down 6.82 percentage points year-over-year; for FY2025, it was 59.63%, down 11.07 percentage points from FY2024.

  • Gross Margin has a five-year change of -8.49 percentage points (FY2020 to FY2025).
  • By year, Gross Margin came in at 70.70% in FY2024 (+2.25 pp), 68.46% in FY2023 (-5.80 pp), 74.26% in FY2022 (+7.10 pp) and 67.16% in FY2021 (-0.96 pp).
  • The Q2 2026 figure ranks as the lowest quarterly Gross Margin since Q3 2023.
  • Year over year, Gross Margin gained in two of the last eight quarters, with an average year-over-year change of -4.65 percentage points.
  • The high point for year-over-year Gross Margin in five years was Q3 2024 (a gain of 21.16 percentage points); the low point was Q3 2023 (a drop of 25.51 percentage points).
  • Per Business Quant data, the three quarters before Q2 2026 came in at 59.89% (Q1 2026), 57.34% (Q4 2025) and 59.22% (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Bryn 945.00 Bn 945.00 Bn - -
2 Veeva Systems 45.35 Bn 17.59 Bn 695.95 Mn 75.00%
3 Samsara 22.20 Bn 18.97 Bn 392.58 Mn 77.21%
4 Toast 17.53 Bn 10.20 Bn 516.00 Mn 27.04%
5 Ptc 15.47 Bn 14.28 Bn 490.47 Mn 81.74%
6 Trimble 13.41 Bn 12.48 Bn 674.90 Mn 69.43%
7 Duolingo 12.56 Bn 7.73 Bn 216.74 Mn 72.62%
8 Manhattan Associates 11.77 Bn 10.77 Bn 168.33 Mn 56.53%
9 Costar 10.95 Bn 4.91 Bn 728.00 Mn 78.70%
10 Chegg 78.75 Mn -81.21 Mn 28.28 Mn 54.55%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 54.55%
Mar 31, 2026 59.89%
Dec 31, 2025 57.34%
Sep 30, 2025 59.22%
Jun 30, 2025 66.25%
Mar 31, 2025 55.54%
Dec 31, 2024 68.22%
Sep 30, 2024 68.21%
Jun 30, 2024 72.17%
Mar 31, 2024 73.33%
Dec 31, 2023 75.63%
Sep 30, 2023 47.06%
Jun 30, 2023 74.07%
Mar 31, 2023 73.80%
Dec 31, 2022 74.94%
Sep 30, 2022 72.56%
Jun 30, 2022 76.54%
Mar 31, 2022 72.76%
Dec 31, 2021 73.15%
Sep 30, 2021 60.97%
API Access

Chegg Gross Margin API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

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