What is Chegg's operating lease liabilities?

Chegg (CHGG) reported operating lease liabilities of $13.68M in Q1 2026.

How has Chegg's operating lease liabilities changed year-over-year?

Chegg's operating lease liabilities decreased by 23.1% year-over-year, from $17.8M to $13.68M.

What is the long-term trend for Chegg's operating lease liabilities?

Over 5 years (2020 to 2025), Chegg's operating lease liabilities has grown at a -4.6% compound annual growth rate (CAGR), from $19.26M to $15.21M.

What does operating lease liabilities mean?

Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

Chegg CHGG Operating Lease Liabilities

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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 ratio1×-0.2×

Where this comes from

Reported directly by Chegg in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseLiabilityNoncurrent.

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 operating lease liabilities?: Chegg (CHGG) reported operating lease liabilities of $13.68M in Q1 2026.
How has Chegg's operating lease liabilities changed year-over-year?: Chegg's operating lease liabilities decreased by 23.1% year-over-year, from $17.8M to $13.68M.
What is the long-term trend for Chegg's operating lease liabilities?: Over 5 years (2020 to 2025), Chegg's operating lease liabilities has grown at a -4.6% compound annual growth rate (CAGR), from $19.26M to $15.21M.
What does operating lease liabilities mean?: Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.