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Side-by-side financial comparison of CHEGG, INC (CHGG) and DULUTH HOLDINGS INC. (DLTH). Click either name above to swap in a different company.

DULUTH HOLDINGS INC. is the larger business by last-quarter revenue ($114.9M vs $72.7M, roughly 1.6× CHEGG, INC). On growth, DULUTH HOLDINGS INC. posted the faster year-over-year revenue change (-9.6% vs -49.4%). DULUTH HOLDINGS INC. produced more free cash flow last quarter ($-8.9M vs $-15.5M). Over the past eight quarters, DULUTH HOLDINGS INC.'s revenue compounded faster (-31.6% CAGR vs -35.4%).

Chegg, Inc., is an American educational technology company based in Santa Clara, California. It provides homework help, digital and physical textbook rentals, textbooks, online tutoring, and other student services, powered by artificial intelligence. The company has 6.6 million subscribers. Chegg has been widely criticized for facilitating cheating and academic dishonesty among students.

Duluth Holdings Inc., which primarily sells goods through its Duluth Trading Company brand, is an American workwear and accessories company.

CHGG vs DLTH — Head-to-Head

Bigger by revenue
DLTH
DLTH
1.6× larger
DLTH
$114.9M
$72.7M
CHGG
Growing faster (revenue YoY)
DLTH
DLTH
+39.8% gap
DLTH
-9.6%
-49.4%
CHGG
More free cash flow
DLTH
DLTH
$6.5M more FCF
DLTH
$-8.9M
$-15.5M
CHGG
Faster 2-yr revenue CAGR
DLTH
DLTH
Annualised
DLTH
-31.6%
-35.4%
CHGG

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
CHGG
CHGG
DLTH
DLTH
Revenue
$72.7M
$114.9M
Net Profit
$-10.1M
Gross Margin
57.3%
53.8%
Operating Margin
-47.2%
-7.7%
Net Margin
-8.8%
Revenue YoY
-49.4%
-9.6%
Net Profit YoY
64.6%
EPS (diluted)
$-0.30
$-0.29

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CHGG
CHGG
DLTH
DLTH
Q4 25
$72.7M
$114.9M
Q3 25
$77.7M
$131.7M
Q2 25
$105.1M
$102.7M
Q1 25
$121.4M
$241.3M
Q4 24
$143.5M
$127.1M
Q3 24
$136.6M
$141.6M
Q2 24
$163.1M
$116.7M
Q1 24
$174.3M
$245.6M
Net Profit
CHGG
CHGG
DLTH
DLTH
Q4 25
$-10.1M
Q3 25
$-17.5M
$1.3M
Q2 25
$-35.7M
$-15.3M
Q1 25
$-17.5M
$-5.6M
Q4 24
$-28.2M
Q3 24
$-212.6M
$-2.0M
Q2 24
$-616.9M
$-7.9M
Q1 24
$-1.4M
$6.4M
Gross Margin
CHGG
CHGG
DLTH
DLTH
Q4 25
57.3%
53.8%
Q3 25
59.2%
54.7%
Q2 25
66.3%
52.0%
Q1 25
55.5%
44.1%
Q4 24
68.2%
52.3%
Q3 24
68.2%
52.3%
Q2 24
72.2%
52.8%
Q1 24
73.3%
48.2%
Operating Margin
CHGG
CHGG
DLTH
DLTH
Q4 25
-47.2%
-7.7%
Q3 25
-22.0%
1.8%
Q2 25
-34.7%
-12.0%
Q1 25
-23.9%
-1.8%
Q4 24
-19.0%
-17.4%
Q3 24
-162.7%
-1.1%
Q2 24
-297.3%
-7.7%
Q1 24
-1.4%
3.6%
Net Margin
CHGG
CHGG
DLTH
DLTH
Q4 25
-8.8%
Q3 25
-22.5%
1.0%
Q2 25
-33.9%
-14.9%
Q1 25
-14.4%
-2.3%
Q4 24
-22.2%
Q3 24
-155.7%
-1.4%
Q2 24
-378.1%
-6.7%
Q1 24
-0.8%
2.6%
EPS (diluted)
CHGG
CHGG
DLTH
DLTH
Q4 25
$-0.30
$-0.29
Q3 25
$-0.16
$0.04
Q2 25
$-0.33
$-0.45
Q1 25
$-0.17
$-0.17
Q4 24
$-0.03
$-0.84
Q3 24
$-2.05
$-0.06
Q2 24
$-6.01
$-0.24
Q1 24
$-0.01
$0.20

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CHGG
CHGG
DLTH
DLTH
Cash + ST InvestmentsLiquidity on hand
$72.8M
$8.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$119.6M
$160.6M
Total Assets
$278.0M
$468.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CHGG
CHGG
DLTH
DLTH
Q4 25
$72.8M
$8.2M
Q3 25
$96.4M
$5.7M
Q2 25
$85.6M
$8.6M
Q1 25
$88.3M
$3.3M
Q4 24
$315.7M
$9.3M
Q3 24
$361.1M
$9.8M
Q2 24
$345.5M
$6.8M
Q1 24
$390.8M
$32.2M
Stockholders' Equity
CHGG
CHGG
DLTH
DLTH
Q4 25
$119.6M
$160.6M
Q3 25
$146.1M
$170.0M
Q2 25
$157.9M
$167.9M
Q1 25
$185.7M
$182.7M
Q4 24
$193.0M
$188.1M
Q3 24
$185.0M
$215.7M
Q2 24
$365.5M
$218.4M
Q1 24
$963.5M
$222.8M
Total Assets
CHGG
CHGG
DLTH
DLTH
Q4 25
$278.0M
$468.0M
Q3 25
$378.3M
$433.8M
Q2 25
$404.5M
$463.7M
Q1 25
$438.8M
$452.4M
Q4 24
$869.0M
$533.1M
Q3 24
$1.0B
$488.6M
Q2 24
$1.1B
$471.4M
Q1 24
$1.7B
$491.2M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CHGG
CHGG
DLTH
DLTH
Operating Cash FlowLast quarter
$-9.0M
$-6.7M
Free Cash FlowOCF − Capex
$-15.5M
$-8.9M
FCF MarginFCF / Revenue
-21.3%
-7.8%
Capex IntensityCapex / Revenue
8.9%
2.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-12.6M
$1.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CHGG
CHGG
DLTH
DLTH
Q4 25
$-9.0M
$-6.7M
Q3 25
$4.8M
$32.0M
Q2 25
$-4.8M
$-56.5M
Q1 25
$24.5M
$41.2M
Q4 24
$18.1M
$-41.1M
Q3 24
$39.5M
$16.6M
Q2 24
$14.2M
$-33.7M
Q1 24
$53.3M
$69.7M
Free Cash Flow
CHGG
CHGG
DLTH
DLTH
Q4 25
$-15.5M
$-8.9M
Q3 25
$-943.0K
$29.8M
Q2 25
$-12.1M
$-57.8M
Q1 25
$15.9M
$38.7M
Q4 24
$4.8M
$-43.7M
Q3 24
$23.7M
$15.0M
Q2 24
$-3.6M
$-35.2M
Q1 24
$25.3M
$60.6M
FCF Margin
CHGG
CHGG
DLTH
DLTH
Q4 25
-21.3%
-7.8%
Q3 25
-1.2%
22.6%
Q2 25
-11.5%
-56.3%
Q1 25
13.1%
16.0%
Q4 24
3.4%
-34.4%
Q3 24
17.3%
10.6%
Q2 24
-2.2%
-30.2%
Q1 24
14.5%
24.7%
Capex Intensity
CHGG
CHGG
DLTH
DLTH
Q4 25
8.9%
2.0%
Q3 25
7.4%
1.7%
Q2 25
6.9%
1.3%
Q1 25
7.1%
1.0%
Q4 24
9.3%
2.1%
Q3 24
11.6%
1.2%
Q2 24
10.9%
1.3%
Q1 24
16.1%
3.7%
Cash Conversion
CHGG
CHGG
DLTH
DLTH
Q4 25
Q3 25
25.40×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
10.86×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CHGG
CHGG

Segment breakdown not available.

DLTH
DLTH

Sales Channel Directly To Consumer$67.4M59%
Sales Channel Through Intermediary$47.4M41%

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