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Chegg vs Nerdy: CHGG and NRDY compared
Chegg is the larger company: $46.5M of revenue in its latest quarter (Q3 2026) against $43.2M for Nerdy (Q2 2026). Nerdy is growing faster (-4% against -40% a year earlier). Chegg is more profitable, with an operating margin of -11.0% against -15.0%.
Where the money goes: CHGG and NRDY
Chegg (CHGG) · Q3 2026
Chegg, Q3 2026: revenue $46.5M (-40% year over year), operating margin -11.0%, net loss $4.7M, operating cash flow $7.2M. The chart follows the revenue to costs, profit and cash.
Nerdy (NRDY) · Q2 2026
Nerdy, Q2 2026: revenue $43.2M (-4% year over year), operating margin -15.0%, net loss $6.9M, operating cash flow −$4.7M. The chart follows the revenue to costs, profit and cash.
| Chegg (CHGG) | Nerdy (NRDY) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q2 2026 |
| Revenue | $46.5M | $43.2M |
| Revenue growth, Y/Y | -40% | -4% |
| Operating margin | -11.0% | -15.0% |
| Net earnings | −$4.7M | −$6.9M |
| Net margin | -10.1% | -15.9% |
| Operating cash flow | $7.2M | −$4.7M |
| Free cash flow | $5.5M | — |
Where the revenue comes from
Chegg
- Academic Services: $30.0M (65%)
- Chegg Skilling: $16.4M (35%)
Questions
Which is bigger, Chegg or Nerdy?
Chegg is the larger company: $46.5M of revenue in its latest quarter (Q3 2026) against $43.2M for Nerdy (Q2 2026).
Is Chegg or Nerdy growing faster?
Nerdy is growing faster (-4% against -40% a year earlier).
Which is more profitable, Chegg or Nerdy?
Chegg is more profitable, with an operating margin of -11.0% against -15.0%.
More: Chegg earnings · how Chegg makes money · Nerdy earnings · how Nerdy makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 3, 2026; 10-Q filed Aug 6, 2026). Fiscal quarters can end on different dates. Not investment advice.