Chegg CHGG
NYSE CHGG
$0.85 -0.13 (-13.27%)
At close: Sep 4, 2026 · 4:00 PM EDT

Chegg (CHGG) Gross Margin (2013 - 2026)

Chegg (CHGG) posted Gross Margin of 54.55% for Q2 2026, down 8.92% on a QoQ basis from 59.89% in Q1 2026, and down 1170.0% year-over-year from 5.1% in Q2 2025.

Analysis

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

Chegg has reported Gross Margin for 14 years, with the latest figure at 54.55% in Q2 2026.

  • On a quarterly basis, Gross Margin fell 1170.0% year-over-year to 54.55% in Q2 2026; TTM through Jun 2026 was 57.95%, a 682.0% decrease from a year earlier, with the FY2025 full-year figure at 59.63%, down 1107.0% from the prior year.
  • Gross Margin was 54.55% for Q2 2026 at Chegg, down from 59.89% in the prior quarter.
  • The five-year high for Gross Margin was 76.54% in Q2 2022, with the low at 47.06% in Q3 2023.
  • Average Gross Margin over 5 years is 66.78%, with a median of 70.19% recorded in 2024.
  • The sharpest annual moves came in 2023 and 2024: Gross Margin slumped 2551 bps in 2023, then soared 2116 bps in 2024.
  • Over 5 years, Gross Margin stood at 74.94% in 2022, then rose by 1 bps to 75.63% in 2023, then decreased by 10 bps to 68.22% in 2024, then fell by 16 bps to 57.34% in 2025, then decreased by 5 bps to 54.55% in 2026.
  • The last three Gross Margin figures came in at 54.55% (Q2 2026), 59.89% (Q1 2026), and 57.34% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Duolingo 14.45 Bn 13.13 Bn 216.74 Mn 72.62%
2 Youdao 3.62 Bn 3.50 Bn 105.66 Mn 48.87%
3 Coursera 1.59 Bn 604.41 Mn 173.40 Mn 58.07%
4 Docebo 712.07 Mn 666.36 Mn 54.53 Mn 79.44%
5 51Talk Online Education 344.94 Mn 309.51 Mn 22.97 Mn 73.66%
6 iHuman 124.70 Mn -34.09 Mn 17.68 Mn 66.84%
7 Nerdy 119.95 Mn 90.19 Mn 27.98 Mn 64.73%
8 Chegg 94.28 Mn 21.96 Mn 28.28 Mn 54.55%
9 Skillsoft 60.79 Mn -57.58 Mn 78.61 Mn 83.19%
10 Sunlands Technology 39.07 Mn 38.85 Mn - -
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%