Chegg (CHGG) Invested Capital (2017 - 2026)
Chegg (CHGG) recorded Invested Capital of $152.46 million in Q2 2026, down 30.8% from $220.37 million a year earlier and down 1.6% from the prior quarter.
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Analysis
Chegg (CHGG) Invested Capital (2017 - 2026) Analysis & Trends
For FY2025, Chegg reported Invested Capital of $173.39 million, down 74.5% from FY2024.
- Annual Invested Capital has declined for four straight years, with a five-year compound annual growth rate of -39.4% (FY2020 to FY2025).
- Across earlier years, Invested Capital came in at $678.93 million in FY2024 (-56.0%), $1.54 billion in FY2023 (-33.0%), $2.31 billion in FY2022 (-17.2%) and $2.79 billion in FY2021 (+31.6%).
- The Q2 2026 figure is the lowest quarterly Invested Capital in data going back to Q4 2017.
- On a year-over-year basis, Invested Capital has declined for 18 consecutive quarters, with an average decline of 60.7% over the last eight quarters.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 38.9% in Q3 2021, against a decline of 84.1% in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $154.97 million (Q1 2026), $173.39 million (Q4 2025) and $208.61 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | -65,223.00 |
| 2 | Veeva Systems | 45.65 Bn | 17.89 Bn | 695.95 Mn | - |
| 3 | Samsara | 23.42 Bn | 20.19 Bn | 392.58 Mn | - |
| 4 | Toast | 16.88 Bn | 9.55 Bn | 516.00 Mn | - |
| 5 | Ptc | 16.22 Bn | 15.03 Bn | 490.47 Mn | 3.49 Bn |
| 6 | Duolingo | 13.71 Bn | 8.88 Bn | 216.74 Mn | - |
| 7 | Trimble | 13.42 Bn | 12.48 Bn | 674.90 Mn | 6.57 Bn |
| 8 | Manhattan Associates | 11.90 Bn | 10.90 Bn | 168.33 Mn | - |
| 9 | Costar | 11.23 Bn | 5.20 Bn | 728.00 Mn | 8.94 Bn |
| 10 | Chegg | 78.75 Mn | -81.21 Mn | 28.28 Mn | 152.46 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 152.46 Mn |
| Mar 31, 2026 | 154.97 Mn |
| Dec 31, 2025 | 173.39 Mn |
| Sep 30, 2025 | 208.61 Mn |
| Jun 30, 2025 | 220.37 Mn |
| Mar 31, 2025 | 248.15 Mn |
| Dec 31, 2024 | 678.93 Mn |
| Sep 30, 2024 | 786.45 Mn |
| Jun 30, 2024 | 966.42 Mn |
| Mar 31, 2024 | 1.56 Bn |
| Dec 31, 2023 | 1.54 Bn |
| Sep 30, 2023 | 1.63 Bn |
| Jun 30, 2023 | 1.80 Bn |
| Mar 31, 2023 | 2.20 Bn |
| Dec 31, 2022 | 2.31 Bn |
| Sep 30, 2022 | 2.23 Bn |
| Jun 30, 2022 | 2.50 Bn |
| Mar 31, 2022 | 2.49 Bn |
| Dec 31, 2021 | 2.79 Bn |
| Sep 30, 2021 | 3.03 Bn |
API Access
Chegg Invested Capital 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=invested-capital&ticker=CHGG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=CHGG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();