Chegg (CHGG) Operating Margin (2013 - 2026)
Chegg (CHGG) posted quarterly Operating Margin of 1.64% for Q1 2026, up 2225.0% year-over-year from 0.07% in Q1 2025, and up 96.52% quarter-over-quarter from 47.17% in Q4 2025.
Chegg (CHGG) Operating Margin (2013 - 2026) Analysis & Trends
Chegg's Operating Margin history runs 14 years deep, the most recent figure standing at 1.64% for Q1 2026.
- In Q1 2026, Operating Margin rose 2225.0% year-over-year to 1.64%; the TTM figure through Mar 2026 stood at 27.88% (up 10736.0% YoY), while the FY2025 annual figure was 31.0%, up 8835.0% from the prior year.
- Operating Margin for Q1 2026 stood at 1.64%, up from 47.17% in the prior quarter.
- The five-year high for Operating Margin was 7.07% in Q4 2023, with the low at 297.28% in Q2 2024.
- The 5-year median for Operating Margin is 10.22% (2023), against an average of 38.17%.
- The sharpest annual moves came in 2024 and 2025: Operating Margin slumped 28706 bps in 2024, then jumped 26260 bps in 2025.
- Chegg's Operating Margin stood at 3.74% in 2022, then jumped by 89 bps to 7.07% in 2023, then tumbled by 369 bps to 19.04% in 2024, then slumped by 148 bps to 47.17% in 2025, then soared by 97 bps to 1.64% in 2026.
- Business Quant data shows CHGG's Operating Margin at 1.64% in Q1 2026, 47.17% in Q4 2025, and 22.03% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 83.03 Bn | 81.37 Bn | 812.22 Mn | 5.61% |
| 2 | Laureate Education | 5.18 Bn | 5.02 Bn | 237.67 Mn | 36.28% |
| 3 | Graham Holdings | 5.08 Bn | 3.87 Bn | 777.03 Mn | 6.42% |
| 4 | Covista | 4.49 Bn | 4.49 Bn | 284.63 Mn | 19.04% |
| 5 | Youdao | 4.31 Bn | 4.24 Bn | 87.31 Mn | 4.27% |
| 6 | Grand Canyon Education | 3.78 Bn | 3.51 Bn | 204.08 Mn | 22.02% |
| 7 | Stride | 3.46 Bn | 2.50 Bn | 217.28 Mn | 16.64% |
| 8 | McGraw Hill | 2.51 Bn | 2.31 Bn | 439.20 Mn | 20.78% |
| 9 | TAL Education | 2.15 Bn | -1,233.58 Bn | 227.32 Mn | -10.34% |
| 10 | Chegg | 87.62 Mn | 15.31 Mn | 28.28 Mn | -6.12% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -6.12% |
| Mar 31, 2026 | -1.64% |
| Dec 31, 2025 | -47.17% |
| Sep 30, 2025 | -22.03% |
| Jun 30, 2025 | -34.68% |
| Mar 31, 2025 | -23.89% |
| Dec 31, 2024 | -19.04% |
| Sep 30, 2024 | -162.74% |
| Jun 30, 2024 | -297.28% |
| Mar 31, 2024 | -1.43% |
| Dec 31, 2023 | 7.07% |
| Sep 30, 2023 | -36.66% |
| Jun 30, 2023 | -10.22% |
| Mar 31, 2023 | -2.37% |
| Dec 31, 2022 | 3.74% |
| Sep 30, 2022 | -6.94% |
| Jun 30, 2022 | 3.77% |
| Mar 31, 2022 | 2.66% |
| Dec 31, 2021 | 12.63% |
| Sep 30, 2021 | 0.21% |