Chegg (CHGG) Research & Development (2013 - 2026)
Chegg (CHGG) recorded Research & Development of $7.4 million in Q2 2026, down 74.2% from $28.72 million a year earlier and down 19.1% from the prior quarter.
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Analysis
Chegg (CHGG) Research & Development (2013 - 2026) Analysis & Trends
On a TTM basis, Chegg's Research & Development came in at $51.85 million as of Jun 30, 2026, down 63.1% year-over-year; for FY2025, it was $93.45 million, down 45.2% from FY2024.
- Annual Research & Development has declined for three straight years, with a five-year compound annual growth rate of -11.4% (FY2020 to FY2025).
- Across earlier years, Research & Development came in at $170.43 million in FY2024 (-11.1%), $191.71 million in FY2023 (-2.5%), $196.64 million in FY2022 (+10.0%) and $178.82 million in FY2021 (+4.6%).
- The Q2 2026 figure is the lowest quarterly Research & Development in data going back to Q1 2013.
- On a year-over-year basis, Research & Development has declined for 11 consecutive quarters, with an average decline of 43.3% over the last eight quarters.
- Peak year-over-year performance for Research & Development in the last five years was growth of 26.2% in Q2 2022, against a decline of 74.2% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $9.14 million (Q1 2026), $16.96 million (Q4 2025) and $18.35 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 222.92 Mn |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 102.56 Mn |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 109.00 Mn |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 115.71 Mn |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | 177.10 Mn |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 92.20 Mn |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 34.77 Mn |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 107.00 Mn |
| 10 | Chegg | 78.75 Mn | -81.21 Mn | 28.28 Mn | 7.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.40 Mn |
| 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 |
API Access
Chegg Research & Development 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=research-and-development&ticker=CHGG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=CHGG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();