Chegg (CHGG) Research & Development (2013 - 2026)
Chegg (CHGG) recorded quarterly Research & Development of $9.1 million in Q1 2026, down 46.11% quarter-over-quarter from $17.0 million in Q4 2025, and down 68.94% on a YoY basis from $29.4 million in Q1 2025.
Chegg (CHGG) Research & Development (2013 - 2026) Analysis & Trends
Chegg's Research & Development history runs 14 years deep, the most recent figure standing at $9.1 million for Q1 2026.
- In Q1 2026, Research & Development fell 68.94% year-over-year to $9.1 million; the TTM figure through Mar 2026 stood at $73.2 million (down 52.93% YoY), while the FY2025 annual figure was $93.5 million, down 45.17% from the prior year.
- Research & Development was $9.1 million for Q1 2026 at Chegg, down from $17.0 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $52.9 million in Q2 2023 to a low of $9.1 million in Q1 2026.
- Historically, Research & Development has averaged $38.9 million across 5 years, with a median of $44.4 million in 2024.
- The sharpest annual moves came in 2022 and 2026: Research & Development gained 26.17% in 2022, then plunged 68.94% in 2026.
- A 5-year view of Research & Development shows it stood at $46.3 million in 2022, then slipped by 1.28% to $45.7 million in 2023, then dropped by 10.31% to $41.0 million in 2024, then tumbled by 58.65% to $17.0 million in 2025, then plunged by 46.11% to $9.1 million in 2026.
- The last three Research & Development figures came in at $9.1 million (Q1 2026), $17.0 million (Q4 2025), and $18.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 7.03 Bn | 6.99 Bn | 22.18 Mn | -1.61 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 | 9.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.14 Mn |
| Dec 31, 2025 | 16.96 Mn |
| Sep 30, 2025 | 18.35 Mn |
| Jun 30, 2025 | 28.72 Mn |
| Mar 31, 2025 | 29.43 Mn |
| Dec 31, 2024 | 41.01 Mn |
| Sep 30, 2024 | 41.34 Mn |
| Jun 30, 2024 | 43.65 Mn |
| Mar 31, 2024 | 44.44 Mn |
| Dec 31, 2023 | 45.72 Mn |
| Sep 30, 2023 | 46.20 Mn |
| Jun 30, 2023 | 52.87 Mn |
| Mar 31, 2023 | 46.91 Mn |
| Dec 31, 2022 | 46.32 Mn |
| Sep 30, 2022 | 45.43 Mn |
| Jun 30, 2022 | 52.48 Mn |
| Mar 31, 2022 | 52.42 Mn |
| Dec 31, 2021 | 47.83 Mn |
| Sep 30, 2021 | 43.27 Mn |
| Jun 30, 2021 | 41.60 Mn |