Chegg (CHGG) Research & Development (2013 - 2026)
Chegg (CHGG) posted quarterly Research & Development of $10.6 million for Q1 2026, down 63.96% year-over-year from $29.4 million in Q1 2025, and up 237.01% quarter-over-quarter from -$7.7 million in Q4 2025.
Analysis
Chegg (CHGG) Research & Development (2013 - 2026) Analysis & Trends
Chegg's Research & Development history runs 14 years deep, the most recent figure standing at $10.6 million for Q1 2026.
- In Q1 2026, Research & Development fell 63.96% year-over-year to $10.6 million; the TTM figure through Mar 2026 stood at $49.9 million (down 59.14% YoY), while the FY2025 annual figure was $68.8 million, down 36.53% from the prior year.
- Research & Development for Q1 2026 stood at $10.6 million, up from -$7.7 million in the prior quarter.
- The five-year high for Research & Development was $52.9 million in Q2 2023, with the low at -$19.4 million in Q4 2023.
- The 5-year median for Research & Development is $29.4 million (2025), against an average of $29.1 million.
- The sharpest annual moves came in 2023 and 2024: Research & Development tumbled 150.92% in 2023, then soared 243.89% in 2024.
- Chegg's Research & Development stood at $38.1 million in 2022, then sank by 150.92% to -$19.4 million in 2023, then jumped by 243.89% to $27.9 million in 2024, then slumped by 127.74% to -$7.7 million in 2025, then surged by 237.01% to $10.6 million in 2026.
- Business Quant data shows CHGG's Research & Development at $10.6 million in Q1 2026, -$7.7 million in Q4 2025, and $18.3 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 96.07 Bn | 93.33 Bn | 812.22 Mn | 262.52 Mn |
| 2 | Laureate Education | 5.05 Bn | 4.89 Bn | 237.67 Mn | - |
| 3 | Graham Holdings | 4.75 Bn | 3.51 Bn | 777.03 Mn | - |
| 4 | Covista | 4.74 Bn | 4.33 Bn | 284.63 Mn | - |
| 5 | Grand Canyon Education | 3.94 Bn | 3.66 Bn | 204.08 Mn | - |
| 6 | Stride | 3.66 Bn | 2.70 Bn | 217.28 Mn | - |
| 7 | McGraw Hill | 2.47 Bn | 2.28 Bn | 439.20 Mn | - |
| 8 | Perdoceo Education | 2.09 Bn | 780.15 Mn | 162.46 Mn | - |
| 9 | TAL Education | 1.94 Bn | -737.26 Mn | 227.32 Mn | 125.95 Mn |
| 10 | Chegg | 92.60 Mn | 20.29 Mn | 28.28 Mn | 9.47 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.47 Mn |
| Mar 31, 2026 | 10.61 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 |