Chegg (CHGG) Operating Margin (2016 - 2026)
Quarterly Operating Margin rose 2225.0% to 1.64% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 27.88% through Mar 2026, up 10736.0% year-over-year, with the annual reading at 31.0% for FY2025, 8835.0% up from the prior year.
Chegg's Operating Margin history spans 14 years, with the latest figure at 1.64% for Q1 2026.
- Operating Margin came in at 1.64% for Q1 2026, up from 47.17% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 7.07% in Q4 2023 to a low of 297.28% in Q2 2024.
- The 5-year median for Operating Margin is 10.22% (2023), against an average of 38.17%.
- Year-over-year, Operating Margin crashed -28706bps in 2024 and then skyrocketed 26260bps in 2025.
- Chegg's Operating Margin stood at 3.74% in 2022, then skyrocketed by 89bps to 7.07% in 2023, then tumbled by -369bps to 19.04% in 2024, then tumbled by -148bps to 47.17% in 2025, then soared by 97bps to 1.64% in 2026.
- Per Business Quant, the three most recent readings for CHGG's Operating Margin are 1.64% (Q1 2026), 47.17% (Q4 2025), and 22.03% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 9.59 Bn | 9.55 Bn | 22.18 Mn | -16.93% |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn | 4.68% |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn | -10.10% |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn | 30.92% |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn | 20.49% |
| 6 | Perdoceo Education | 2.11 Bn | 1.43 Bn | 174.68 Mn | 28.47% |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn | 0.15% |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - | 13.43% |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn | 4.45% |
| 10 | Chegg | 159.77 Mn | 93.85 Mn | 37.89 Mn | -1.64% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 17.52% |
| Mar 31, 2021 | 8.46% |
| Dec 31, 2020 | 23.92% |
| Sep 30, 2020 | -11.56% |
| Jun 30, 2020 | 14.42% |
| Mar 31, 2020 | 2.49% |
| Dec 31, 2019 | 13.61% |
| Sep 30, 2019 | -5.37% |
| Jun 30, 2019 | 7.26% |
| Mar 31, 2019 | -1.05% |
| Dec 31, 2018 | 7.88% |
| Sep 30, 2018 | -14.05% |
| Jun 30, 2018 | -0.96% |
| Mar 31, 2018 | -3.40% |
| Dec 31, 2017 | 4.10% |
| Sep 30, 2017 | -17.82% |
| Jun 30, 2017 | -9.38% |
| Mar 31, 2017 | -8.84% |
| Dec 31, 2016 | -1.70% |
| Sep 30, 2016 | -21.49% |
| Jun 30, 2016 | -15.79% |