Chegg (CHGG) Operating Margin (2013 - 2026)
Chegg (CHGG) recorded Operating Margin of -6.12% in Q2 2026, up 28.56 percentage points from -34.68% a year earlier but down 4.48 percentage points from the prior quarter.
Powered by 
Analysis
Chegg (CHGG) Operating Margin (2013 - 2026) Analysis & Trends
On a TTM basis, Chegg's Operating Margin came in at -20.94% as of Jun 30, 2026, up 41.25 percentage points year-over-year; for FY2025, it was -31.00%, up 88.35 percentage points from FY2024.
- Annual Operating Margin has a five-year change of -39.81 percentage points (FY2020 to FY2025).
- Across earlier years, Operating Margin came in at -119.36% in FY2024 (-109.90 pp), -9.45% in FY2023 (-10.62 pp), 1.17% in FY2022 (-8.89 pp) and 10.06% in FY2021 (+1.25 pp).
- Quarterly Operating Margin has ranged from -297.28% in Q2 2024 to 12.63% in Q4 2021 over the past five years.
- On a year-over-year basis, Operating Margin rose in four of the last eight quarters, with an average year-over-year change of +31.42 percentage points.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 262.60 percentage points in Q2 2025, against a drop of 287.06 percentage points in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at -1.64% (Q1 2026), -47.17% (Q4 2025) and -22.03% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 29.64% |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 0.96% |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 7.97% |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 27.75% |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | 13.58% |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 11.37% |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 22.24% |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 8.22% |
| 10 | Chegg | 78.75 Mn | -81.21 Mn | 28.28 Mn | -6.12% |
Historic Data
Download Data
Historic 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% |
API Access
Chegg Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=CHGG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "CHGG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=CHGG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();