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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%.

Chegg vs Nerdy, latest quarterChegg vs Nerdy, latest quarterChegg (CHGG)Nerdy (NRDY)Revenue$46.5M$43.2MRevenue growth, Y/Y-40%-4%Operating margin-11.0%-15.0%Net margin-10.1%-15.9%

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 revenue by segment, Q3 2026Chegg revenue by segment, Q3 2026Academic Services$30.0MChegg Skilling$16.4M
Chegg (CHGG)Nerdy (NRDY)
Latest quarterQ3 2026Q2 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

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.