Chegg (CHGG) Invested Capital (2017 - 2026)
Chegg (CHGG) posted Invested Capital of $152.5 million for Q2 2026, down 1.62% on a QoQ basis from $155.0 million in Q1 2026, and down 30.82% year-over-year from $220.4 million in Q2 2025.
Analysis
Chegg (CHGG) Invested Capital (2017 - 2026) Analysis & Trends
Chegg has reported Invested Capital for 10 years, with the latest figure at $152.5 million in Q2 2026.
- On a quarterly basis, Invested Capital fell 30.82% year-over-year to $152.5 million in Q2 2026; TTM through Jun 2026 was $152.5 million, a 30.82% decrease from a year earlier, with the FY2025 full-year figure at $173.4 million, down 74.46% from the prior year.
- Invested Capital was $152.5 million for Q2 2026 at Chegg, down from $155.0 million in the prior quarter.
- The five-year high for Invested Capital was $2.5 billion in Q2 2022, with the low at $152.5 million in Q2 2026.
- Average Invested Capital over 5 years is $1.2 billion, with a median of $1.3 billion recorded in 2023.
- The sharpest annual moves came in 2023 and 2025: Invested Capital dropped 11.72% in 2023, then plunged 84.13% in 2025.
- Over 5 years, Invested Capital stood at $2.3 billion in 2022, then sank by 33.0% to $1.5 billion in 2023, then sank by 56.04% to $678.9 million in 2024, then tumbled by 74.46% to $173.4 million in 2025, then dropped by 12.07% to $152.5 million in 2026.
- The last three Invested Capital figures came in at $152.5 million (Q2 2026), $155.0 million (Q1 2026), and $173.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Duolingo | 14.45 Bn | 13.13 Bn | 216.74 Mn | - |
| 2 | Youdao | 3.62 Bn | 3.50 Bn | 105.66 Mn | -23.45 Mn |
| 3 | Coursera | 1.59 Bn | 604.41 Mn | 173.40 Mn | - |
| 4 | Docebo | 712.07 Mn | 666.36 Mn | 54.53 Mn | 87.64 Mn |
| 5 | 51Talk Online Education | 344.94 Mn | 309.51 Mn | 22.97 Mn | -30.48 Mn |
| 6 | iHuman | 124.70 Mn | -34.09 Mn | 17.68 Mn | 138.80 Mn |
| 7 | Nerdy | 119.95 Mn | 90.19 Mn | 27.98 Mn | 45.52 Mn |
| 8 | Chegg | 94.28 Mn | 21.96 Mn | 28.28 Mn | 152.46 Mn |
| 9 | Skillsoft | 60.79 Mn | -57.58 Mn | 78.61 Mn | 502.75 Mn |
| 10 | Sunlands Technology | 39.07 Mn | 38.85 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 |