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Chegg CHGG Business Segments — Cost of revenues

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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

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Return on equity-55.9%-21.5pp
Debt / equity0.1×0.0×
Current ratio-0.2×

Where this comes from

Reported directly by Chegg in its filing.

Tagged under the XBRL concept us-gaap:CostOfRevenue.

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 business segments — cost of revenues?
Chegg (CHGG) reported business segments — cost of revenues of $25.37M in Q1 2026.
How has Chegg's business segments — cost of revenues changed year-over-year?
Chegg's business segments — cost of revenues decreased by 53.0% year-over-year, from $53.97M to $25.37M.
What is the long-term trend for Chegg's business segments — cost of revenues?
Over 3 years (2022 to 2025), Chegg's business segments — cost of revenues has grown at a -8.3% compound annual growth rate (CAGR), from $197.4M to $152.15M.
What does business segments — cost of revenues mean?
Includes the direct costs attributable to the production and delivery of the segment's subscription services and educational products. Monitoring this metric helps assess the direct profitability and cost efficiency of the segment's core offerings.