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
DateValue
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