Growth Metrics

Chegg (CHGG) Leases (2019 - 2026)

Quarterly Leases fell 43.61% to $12.1 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $12.1 million through Mar 2026, down 43.61% year-over-year, with the annual reading at $13.2 million for FY2025, 40.74% down from the prior year.

Chegg's Leases history spans 8 years, with the latest figure at $12.1 million for Q1 2026.

  • Leases came in at $12.1 million for Q1 2026, down from $13.2 million in the prior quarter.
  • In the past five years, Leases ranged from a high of $29.8 million in Q1 2023 to a low of $12.1 million in Q1 2026.
  • The 5-year median for Leases is $21.5 million (2025), against an average of $21.3 million.
  • Year-over-year, Leases soared 82.54% in 2023 and then plummeted 43.61% in 2026.
  • Chegg's Leases stood at $18.8 million in 2022, then skyrocketed by 33.24% to $25.1 million in 2023, then fell by 11.33% to $22.3 million in 2024, then plummeted by 40.74% to $13.2 million in 2025, then decreased by 8.15% to $12.1 million in 2026.
  • Per Business Quant, the three most recent readings for CHGG's Leases are $12.1 million (Q1 2026), $13.2 million (Q4 2025), and $18.1 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Leases (Qtr)
1 51Talk Online Education 9.59 Bn 9.55 Bn 22.18 Mn 3.21 Mn
2 Graham Holdings 4.73 Bn 3.72 Bn 841.00 Mn 387.16 Mn
3 Laureate Education 4.69 Bn 4.53 Bn -16.39 Mn 453.76 Mn
4 Grand Canyon Education 4.19 Bn 3.94 Bn 244.77 Mn 93.50 Mn
5 Stride 3.77 Bn 2.96 Bn 231.57 Mn -
6 Perdoceo Education 2.11 Bn 1.43 Bn 174.68 Mn 41.52 Mn
7 Universal Technical Institute 2.01 Bn 1.84 Bn 103.97 Mn 168.88 Mn
8 Strategic Education 1.71 Bn 1.55 Bn - 90.32 Mn
9 Lincoln Educational Services 1.46 Bn 1.44 Bn 120.06 Mn 151.21 Mn
10 Chegg 159.77 Mn 93.85 Mn 37.89 Mn 12.11 Mn

Historic Data

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DateValue
Mar 31, 2026 12.11 Mn
Dec 31, 2025 13.19 Mn
Sep 30, 2025 18.09 Mn
Jun 30, 2025 19.42 Mn
Mar 31, 2025 21.48 Mn
Dec 31, 2024 22.26 Mn
Sep 30, 2024 29.07 Mn
Jun 30, 2024 21.51 Mn
Mar 31, 2024 23.52 Mn
Dec 31, 2023 25.10 Mn
Sep 30, 2023 26.57 Mn
Jun 30, 2023 28.27 Mn
Mar 31, 2023 29.77 Mn
Dec 31, 2022 18.84 Mn
Sep 30, 2022 18.14 Mn
Jun 30, 2022 15.49 Mn
Mar 31, 2022 18.88 Mn
Dec 31, 2021 18.06 Mn
Sep 30, 2021 19.52 Mn
Jun 30, 2021 21.10 Mn
Mar 31, 2021 22.62 Mn
Dec 31, 2020 24.20 Mn
Sep 30, 2020 14.12 Mn
Jun 30, 2020 15.21 Mn
Mar 31, 2020 14.61 Mn
Dec 31, 2019 15.90 Mn
Sep 30, 2019 16.30 Mn
Jun 30, 2019 14.76 Mn
Mar 31, 2019 15.90 Mn