Chegg (CHGG) Gross Margin (2013 - 2026)

Chegg's Gross Margin history runs 14 years deep, the most recent figure standing at 59.89% for Q1 2026.

• In Q1 2026, Gross Margin rose 435.0% year-over-year to 59.89%; the TTM figure through Mar 2026 stood at 61.24% (down 539.0% YoY), while the FY2025 annual figure was 59.63%, down 1107.0% from the prior year.
• Gross Margin was 59.89% for Q1 2026 at Chegg, up from 57.34% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 76.54% in Q2 2022 to a low of 47.06% in Q3 2023.
• Historically, Gross Margin has averaged 67.5% across 5 years, with a median of 72.17% in 2024.
• The sharpest annual moves came in 2023 and 2024: Gross Margin tumbled 2551 bps in 2023, then surged 2116 bps in 2024.
• A 5-year view of Gross Margin shows it stood at 74.94% in 2022, then increased by 1 bps to 75.63% in 2023, then retreated by 10 bps to 68.22% in 2024, then declined by 16 bps to 57.34% in 2025, then rose by 4 bps to 59.89% in 2026.
• The last three Gross Margin figures came in at 59.89% (Q1 2026), 57.34% (Q4 2025), and 59.22% (Q3 2025), per Business Quant data.