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Chegg CHGG Business Segments — Paid marketing expenses

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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:MarketingExpense.

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 — paid marketing expenses?
Chegg (CHGG) reported business segments — paid marketing expenses of $5.17M in Q1 2026.
How has Chegg's business segments — paid marketing expenses changed year-over-year?
Chegg's business segments — paid marketing expenses decreased by 68.4% year-over-year, from $16.38M to $5.17M.
What is the long-term trend for Chegg's business segments — paid marketing expenses?
Over 3 years (2022 to 2025), Chegg's business segments — paid marketing expenses has grown at a -18.7% compound annual growth rate (CAGR), from $62.01M to $33.28M.
What does business segments — paid marketing expenses mean?
Captures the direct costs associated with paid advertising and customer acquisition campaigns specifically targeted at the segment's user base. It reflects the company's investment in driving traffic and subscriber growth through external marketing channels.