Growth Metrics

Chegg (CHGG) Research & Development (2016 - 2026)

Quarterly Research & Development fell 68.94% to $9.1 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $73.2 million through Mar 2026, down 52.93% year-over-year, with the annual reading at $93.5 million for FY2025, 45.17% down from the prior year.

Chegg's Research & Development history spans 14 years, with the latest figure at $9.1 million for Q1 2026.

  • Research & Development came in at $9.1 million for Q1 2026, 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.
  • The 5-year median for Research & Development is $44.4 million (2024), against an average of $38.9 million.
  • Year-over-year, Research & Development rose 26.17% in 2022 and then tumbled 68.94% in 2026.
  • Chegg's Research & Development stood at $46.3 million in 2022, then decreased by 1.28% to $45.7 million in 2023, then fell by 10.31% to $41.0 million in 2024, then crashed by 58.65% to $17.0 million in 2025, then plummeted by 46.11% to $9.1 million in 2026.
  • Per Business Quant, the three most recent readings for CHGG's Research & Development are $9.1 million (Q1 2026), $17.0 million (Q4 2025), and $18.3 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 51Talk Online Education 9.59 Bn 9.55 Bn 22.18 Mn -1.61 Mn
2 Graham Holdings 4.73 Bn 3.72 Bn 841.00 Mn -
3 Laureate Education 4.69 Bn 4.53 Bn -16.39 Mn -
4 Grand Canyon Education 4.19 Bn 3.94 Bn 244.77 Mn -
5 Stride 3.77 Bn 2.96 Bn 231.57 Mn -
6 Perdoceo Education 2.11 Bn 1.43 Bn 174.68 Mn -
7 Universal Technical Institute 2.01 Bn 1.84 Bn 103.97 Mn -
8 Strategic Education 1.71 Bn 1.55 Bn - -
9 Lincoln Educational Services 1.46 Bn 1.44 Bn 120.06 Mn -
10 Chegg 159.77 Mn 93.85 Mn 37.89 Mn 9.14 Mn

Historic Data

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DateValue
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
Mar 31, 2021 46.13 Mn
Dec 31, 2020 46.95 Mn
Sep 30, 2020 44.04 Mn
Jun 30, 2020 40.37 Mn
Mar 31, 2020 39.54 Mn
Dec 31, 2019 38.57 Mn
Sep 30, 2019 36.44 Mn
Jun 30, 2019 32.07 Mn
Mar 31, 2019 32.69 Mn
Dec 31, 2018 33.50 Mn
Sep 30, 2018 29.05 Mn
Jun 30, 2018 26.22 Mn
Mar 31, 2018 25.53 Mn
Dec 31, 2017 22.85 Mn
Sep 30, 2017 19.88 Mn
Jun 30, 2017 19.90 Mn
Mar 31, 2017 19.30 Mn
Dec 31, 2016 17.10 Mn
Sep 30, 2016 16.24 Mn
Jun 30, 2016 16.03 Mn