Chegg (CHGG) Operating Expenses (2013 - 2026)
Chegg (CHGG) posted quarterly Operating Expenses of $38.9 million for Q1 2026, down 59.63% year-over-year from $96.4 million in Q1 2025, and down 48.74% quarter-over-quarter from $75.9 million in Q4 2025.
Chegg (CHGG) Operating Expenses (2013 - 2026) Analysis & Trends
Chegg's Operating Expenses history runs 14 years deep, the most recent figure standing at $38.9 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 59.63% year-over-year to $38.9 million; the TTM figure through Mar 2026 stood at $284.1 million (down 75.07% YoY), while the FY2025 annual figure was $341.6 million, down 70.9% from the prior year.
- Operating Expenses for Q1 2026 stood at $38.9 million, down from $75.9 million in the prior quarter.
- The five-year high for Operating Expenses was $602.7 million in Q2 2024, with the low at $38.9 million in Q1 2026.
- The 5-year median for Operating Expenses is $131.0 million (2022), against an average of $157.2 million.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses soared 291.04% in 2024, then tumbled 82.4% in 2025.
- Chegg's Operating Expenses stood at $146.1 million in 2022, then declined by 11.77% to $128.9 million in 2023, then fell by 2.86% to $125.2 million in 2024, then tumbled by 39.35% to $75.9 million in 2025, then plunged by 48.74% to $38.9 million in 2026.
- Business Quant data shows CHGG's Operating Expenses at $38.9 million in Q1 2026, $75.9 million in Q4 2025, and $63.2 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.71 Bn | 82.71 Bn | 812.22 Mn | 1.44 Bn |
| 2 | 51Talk Online Education | 7.32 Bn | 7.28 Bn | 22.97 Mn | -24.40 Mn |
| 3 | Laureate Education | 5.21 Bn | 5.05 Bn | 237.67 Mn | 14.24 Mn |
| 4 | Graham Holdings | 4.98 Bn | 3.74 Bn | 777.03 Mn | 1.22 Bn |
| 5 | Covista | 4.66 Bn | 4.66 Bn | 284.63 Mn | 405.94 Mn |
| 6 | Grand Canyon Education | 3.78 Bn | 3.50 Bn | 204.08 Mn | 205.89 Mn |
| 7 | Stride | 3.50 Bn | 2.55 Bn | 217.28 Mn | 111.43 Mn |
| 8 | McGraw Hill | 2.38 Bn | 2.13 Bn | 388.89 Mn | 395.25 Mn |
| 9 | TAL Education | 2.28 Bn | -401.26 Mn | 227.32 Mn | 243.19 Mn |
| 10 | Chegg | 87.33 Mn | 15.02 Mn | 28.28 Mn | 31.46 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 31.46 Mn |
| Mar 31, 2026 | 38.93 Mn |
| Dec 31, 2025 | 75.93 Mn |
| Sep 30, 2025 | 63.17 Mn |
| Jun 30, 2025 | 106.10 Mn |
| Mar 31, 2025 | 96.42 Mn |
| Dec 31, 2024 | 125.21 Mn |
| Sep 30, 2024 | 315.46 Mn |
| Jun 30, 2024 | 602.74 Mn |
| Mar 31, 2024 | 130.34 Mn |
| Dec 31, 2023 | 128.90 Mn |
| Sep 30, 2023 | 132.15 Mn |
| Jun 30, 2023 | 154.14 Mn |
| Mar 31, 2023 | 142.90 Mn |
| Dec 31, 2022 | 146.10 Mn |
| Sep 30, 2022 | 130.97 Mn |
| Jun 30, 2022 | 141.69 Mn |
| Mar 31, 2022 | 141.78 Mn |
| Dec 31, 2021 | 125.56 Mn |
| Sep 30, 2021 | 104.48 Mn |