What is Chegg's gross profit?

Chegg (CHGG) reported gross profit of $37.89M in Q1 2026.

How has Chegg's gross profit changed year-over-year?

Chegg's gross profit decreased by 43.8% year-over-year, from $67.41M to $37.89M.

What is the long-term trend for Chegg's gross profit?

Over 4 years (2021 to 2025), Chegg's gross profit has grown at a -19.0% compound annual growth rate (CAGR), from $521.36M to $224.76M.

What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

Chegg CHGG Gross Profit

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Alphabet Inc.GOOGL

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Other financials

Income statement

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Revenue$63.3M-47.9%

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 ratio1×-0.2×

Where this comes from

Calculated from Chegg’s reported figures.

$63.3Mtotal revenue−$25.4Mtotal cost of revenue=$37.89M

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 gross profit?: Chegg (CHGG) reported gross profit of $37.89M in Q1 2026.
How has Chegg's gross profit changed year-over-year?: Chegg's gross profit decreased by 43.8% year-over-year, from $67.41M to $37.89M.
What is the long-term trend for Chegg's gross profit?: Over 4 years (2021 to 2025), Chegg's gross profit has grown at a -19.0% compound annual growth rate (CAGR), from $521.36M to $224.76M.
What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.