Chegg (CHGG) Operating Leases (2019 - 2026)
Chegg (CHGG) posted quarterly Operating Leases of $13.7 million for Q1 2026, down 23.15% year-over-year from $17.8 million in Q1 2025, and down 10.05% quarter-over-quarter from $15.2 million in Q4 2025.
Chegg (CHGG) Operating Leases (2019 - 2026) Analysis & Trends
Chegg's Operating Leases history runs 8 years deep, the most recent figure standing at $13.7 million for Q1 2026.
- In Q1 2026, Operating Leases fell 23.15% year-over-year to $13.7 million; the TTM figure through Mar 2026 stood at $13.7 million (down 23.15% YoY), while the FY2025 annual figure was $15.2 million, down 36.91% from the prior year.
- Operating Leases for Q1 2026 stood at $13.7 million, down from $15.2 million in the prior quarter.
- The five-year high for Operating Leases was $29.9 million in Q1 2023, with the low at $11.3 million in Q2 2022.
- The 5-year median for Operating Leases is $16.5 million (2024), against an average of $18.3 million.
- The sharpest annual moves came in 2023 and 2024: Operating Leases soared 140.23% in 2023, then sank 44.99% in 2024.
- Chegg's Operating Leases stood at $13.4 million in 2022, then soared by 86.17% to $24.9 million in 2023, then fell by 3.21% to $24.1 million in 2024, then slumped by 36.91% to $15.2 million in 2025, then retreated by 10.05% to $13.7 million in 2026.
- Business Quant data shows CHGG's Operating Leases at $13.7 million in Q1 2026, $15.2 million in Q4 2025, and $15.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.75 Bn | 82.75 Bn | 812.22 Mn |
| 2 | 51Talk Online Education | 7.47 Bn | 7.44 Bn | 22.97 Mn |
| 3 | Laureate Education | 5.19 Bn | 5.02 Bn | 237.67 Mn |
| 4 | Graham Holdings | 5.04 Bn | 3.79 Bn | 777.03 Mn |
| 5 | Covista | 4.62 Bn | 4.62 Bn | 284.63 Mn |
| 6 | Grand Canyon Education | 3.76 Bn | 3.48 Bn | 204.08 Mn |
| 7 | Stride | 3.54 Bn | 2.58 Bn | 217.28 Mn |
| 8 | TAL Education | 2.30 Bn | -377.25 Mn | 227.32 Mn |
| 9 | McGraw Hill | 2.26 Bn | 2.00 Bn | 388.89 Mn |
| 10 | Chegg | 89.16 Mn | 16.85 Mn | 28.28 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 12.60 Mn |
| Mar 31, 2026 | 13.68 Mn |
| Dec 31, 2025 | 15.21 Mn |
| Sep 30, 2025 | 15.36 Mn |
| Jun 30, 2025 | 17.70 Mn |
| Mar 31, 2025 | 17.80 Mn |
| Dec 31, 2024 | 24.10 Mn |
| Sep 30, 2024 | 23.67 Mn |
| Jun 30, 2024 | 15.60 Mn |
| Mar 31, 2024 | 16.46 Mn |
| Dec 31, 2023 | 24.90 Mn |
| Sep 30, 2023 | 26.41 Mn |
| Jun 30, 2023 | 21.25 Mn |
| Mar 31, 2023 | 29.92 Mn |
| Dec 31, 2022 | 13.38 Mn |
| Sep 30, 2022 | 12.35 Mn |
| Jun 30, 2022 | 11.28 Mn |
| Mar 31, 2022 | 12.46 Mn |
| Dec 31, 2021 | 19.10 Mn |
| Sep 30, 2021 | 14.14 Mn |