Chegg (CHGG) Operating Leases (2019 - 2026)
Chegg (CHGG) posted Operating Leases of $12.6 million for Q2 2026, down 7.87% on a QoQ basis from $13.7 million in Q1 2026, and down 28.81% year-over-year from $17.7 million in Q2 2025.
Analysis
Chegg (CHGG) Operating Leases (2019 - 2026) Analysis & Trends
Chegg has reported Operating Leases for 8 years, with the latest figure at $12.6 million in Q2 2026.
- On a quarterly basis, Operating Leases fell 28.81% year-over-year to $12.6 million in Q2 2026; TTM through Jun 2026 was $12.6 million, a 28.81% decrease from a year earlier, with the FY2025 full-year figure at $15.2 million, down 36.91% from the prior year.
- Operating Leases was $12.6 million for Q2 2026 at Chegg, down from $13.7 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.
- Average Operating Leases over 5 years is $19.1 million, with a median of $17.1 million recorded in 2024.
- The sharpest annual moves came in 2023 and 2025: Operating Leases surged 151.01% in 2023, then plunged 47.59% in 2025.
- Over 5 years, Operating Leases stood at $20.9 million in 2022, then gained by 19.14% to $24.9 million in 2023, then decreased by 3.21% to $24.1 million in 2024, then slumped by 36.91% to $15.2 million in 2025, then declined by 17.13% to $12.6 million in 2026.
- The last three Operating Leases figures came in at $12.6 million (Q2 2026), $13.7 million (Q1 2026), and $15.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Duolingo | 14.45 Bn | 13.13 Bn | 216.74 Mn |
| 2 | Youdao | 3.62 Bn | 3.50 Bn | 105.66 Mn |
| 3 | Coursera | 1.59 Bn | 604.41 Mn | 173.40 Mn |
| 4 | Docebo | 712.07 Mn | 666.36 Mn | 54.53 Mn |
| 5 | 51Talk Online Education | 344.94 Mn | 309.51 Mn | 22.97 Mn |
| 6 | iHuman | 124.70 Mn | -34.09 Mn | 17.68 Mn |
| 7 | Nerdy | 119.95 Mn | 90.19 Mn | 27.98 Mn |
| 8 | Chegg | 94.28 Mn | 21.96 Mn | 28.28 Mn |
| 9 | Skillsoft | 60.79 Mn | -57.58 Mn | 78.61 Mn |
| 10 | Sunlands Technology | 39.07 Mn | 38.85 Mn | - |
Historic Data
Download Data
Historic 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 | 29.30 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 | 28.32 Mn |
| Mar 31, 2023 | 29.92 Mn |
| Dec 31, 2022 | 20.90 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 |