Chegg (CHGG) Operating Leases (2019 - 2026)
Quarterly Operating Leases fell 23.15% to $13.7 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $13.7 million through Mar 2026, down 23.15% year-over-year, with the annual reading at $15.2 million for FY2025, 17.85% down from the prior year.
Chegg's Operating Leases history spans 8 years, with the latest figure at $13.7 million for Q1 2026.
- Operating Leases came in at $13.7 million for Q1 2026, down from $15.2 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $29.3 million in Q3 2024 to a low of $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.
- Year-over-year, Operating Leases soared 151.01% in 2023 and then tumbled 47.59% in 2025.
- Chegg's Operating Leases stood at $13.4 million in 2022, then soared by 86.17% to $24.9 million in 2023, then decreased by 25.67% to $18.5 million in 2024, then dropped by 17.85% to $15.2 million in 2025, then dropped by 10.05% to $13.7 million in 2026.
- Per Business Quant, the three most recent readings for CHGG's Operating Leases are $13.7 million (Q1 2026), $15.2 million (Q4 2025), and $15.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | 51Talk Online Education | 9.59 Bn | 9.55 Bn | 22.18 Mn |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn |
| 6 | Perdoceo Education | 2.11 Bn | 1.43 Bn | 174.68 Mn |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn |
| 10 | Chegg | 159.77 Mn | 93.85 Mn | 37.89 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 18.51 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 | 23.06 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 | 12.45 Mn |
| Sep 30, 2021 | 14.14 Mn |
| Jun 30, 2021 | 15.81 Mn |
| Mar 31, 2021 | 17.55 Mn |
| Dec 31, 2020 | 19.26 Mn |
| Sep 30, 2020 | 11.66 Mn |
| Jun 30, 2020 | 12.95 Mn |
| Mar 31, 2020 | 13.01 Mn |
| Dec 31, 2019 | 19.80 Mn |
| Sep 30, 2019 | 15.32 Mn |
| Jun 30, 2019 | 14.24 Mn |
| Mar 31, 2019 | 15.42 Mn |