What is Chegg's change in deferred revenue?

Chegg (CHGG) reported change in deferred revenue of -$608K in Q1 2026.

How has Chegg's change in deferred revenue changed year-over-year?

Chegg's change in deferred revenue decreased by 111.2% year-over-year, from $5.44M to -$608K.

What is the long-term trend for Chegg's change in deferred revenue?

Over 2 years (2023 to 2025), Chegg's change in deferred revenue has grown at a 159.5% compound annual growth rate (CAGR), from -$1.59M to -$10.68M.

What does change in deferred revenue mean?

Change in payments received from customers for goods/services not yet delivered — a key SaaS and subscription metric.

Chegg CHGG Change in Deferred Revenue

Change in Deferred Revenue at other companies

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Graham HoldingsGHC

-$13.64M-496%

IMM

Immersion CorporationIMMR

$20.21M+78.3%

DuolingoDUOL

$17.05M-59.5%

CourseraCOUR

$19.3M-24.6%

NerdyNRDY

-$4.58M-118%

Alphabet Inc.GOOGL

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Other financials

Income statement

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Revenue$63.3M-47.9%

Gross profit$37.9M-43.8%

Operating income-$1.0M+96.4%

Net income$228.0K+101%

EPS (diluted)$0.00+100%

Balance sheet

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Cash & equivalents$35.2M-25.3%

Total debt$17.9M-19.5%

Total equity$121.1M-34.8%

Total assets$244.1M-44.4%

Cash flow

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Operating cash flow$4.1M-83.3%

CapEx$1.0M-88.0%

Free cash flow$3.1M-80.7%

Valuation

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Market cap$113.08M-15.8%

Enterprise value$95.86M-18.1%

P/S0.4×+0.1×

Profitability

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Gross margin61.2%-5.4pp

Operating margin-27.9%-12.3pp

Net margin-26.9%-12.1pp

FCF margin7.9%-11.0pp

Returns & leverage

See full

Return on equity-55.9%-21.5pp

Debt / equity0.1×0.0×

Current ratio1×-0.2×

Where this comes from

Reported directly by Chegg in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInDeferredRevenue.

The official record: Chegg’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Chegg's change in deferred revenue?: Chegg (CHGG) reported change in deferred revenue of -$608K in Q1 2026.
How has Chegg's change in deferred revenue changed year-over-year?: Chegg's change in deferred revenue decreased by 111.2% year-over-year, from $5.44M to -$608K.
What is the long-term trend for Chegg's change in deferred revenue?: Over 2 years (2023 to 2025), Chegg's change in deferred revenue has grown at a 159.5% compound annual growth rate (CAGR), from -$1.59M to -$10.68M.
What does change in deferred revenue mean?: Change in payments received from customers for goods/services not yet delivered — a key SaaS and subscription metric.