Chegg (CHGG) Gross Margin (2013 - 2026)
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.
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 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
| Date | Value |
|---|---|
| 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% |
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.
https://data.businessquant.com/historic?slug=gross-margin&ticker=CHGG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "CHGG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=CHGG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();