Chegg (CHGG) Operating Leases (2019 - 2026)

Chegg (CHGG) recorded quarterly Operating Leases of $13.7 million in Q1 2026, down 10.05% quarter-over-quarter from $15.2 million in Q4 2025, and down 23.15% on a YoY basis from $17.8 million in Q1 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 17.85% from the prior year.
  • Operating Leases was $13.7 million for Q1 2026 at Chegg, 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.
  • Historically, Operating Leases has averaged $18.3 million across 5 years, with a median of $16.5 million in 2024.
  • The sharpest annual moves came in 2023 and 2025: Operating Leases jumped 151.01% in 2023, then sank 47.59% in 2025.
  • A 5-year view of Operating Leases shows it stood at $13.4 million in 2022, then jumped by 86.17% to $24.9 million in 2023, then fell by 25.67% to $18.5 million in 2024, then decreased by 17.85% to $15.2 million in 2025, then decreased by 10.05% to $13.7 million in 2026.
  • The last three Operating Leases figures came in at $13.7 million (Q1 2026), $15.2 million (Q4 2025), and $15.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 51Talk Online Education 7.03 Bn 6.99 Bn 22.18 Mn
2 Laureate Education 5.22 Bn 5.06 Bn -16.39 Mn
3 Graham Holdings 5.09 Bn 4.08 Bn 841.00 Mn
4 Covista 4.40 Bn 4.40 Bn 276.31 Mn
5 Stride 4.17 Bn 3.36 Bn 231.57 Mn
6 Grand Canyon Education 3.94 Bn 3.69 Bn 244.77 Mn
7 McGraw Hill 2.19 Bn 1.94 Bn 388.89 Mn
8 Universal Technical Institute 2.14 Bn 1.97 Bn 103.97 Mn
9 Perdoceo Education 2.13 Bn 1.45 Bn 174.68 Mn
10 Chegg 124.02 Mn 58.10 Mn 37.89 Mn

Historic Data

Download Data
DateValue
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