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Side-by-side financial comparison of CHEGG, INC (CHGG) and FTAI Infrastructure Inc. (FIP). Click either name above to swap in a different company.

FTAI Infrastructure Inc. is the larger business by last-quarter revenue ($143.5M vs $72.7M, roughly 2.0× CHEGG, INC). On growth, FTAI Infrastructure Inc. posted the faster year-over-year revenue change (77.7% vs -49.4%). CHEGG, INC produced more free cash flow last quarter ($-15.5M vs $-68.6M). Over the past eight quarters, FTAI Infrastructure Inc.'s revenue compounded faster (31.9% 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.

FTAI Infrastructure Inc. owns, operates and invests in high-quality critical infrastructure assets across core sectors including transportation logistics, midstream energy, and power generation. It primarily serves North American markets, focusing on assets with stable long-term cash flows, contracted revenue streams, and strong market positions to deliver sustainable returns for stakeholders.

CHGG vs FIP — Head-to-Head

Bigger by revenue
FIP
FIP
2.0× larger
FIP
$143.5M
$72.7M
CHGG
Growing faster (revenue YoY)
FIP
FIP
+127.1% gap
FIP
77.7%
-49.4%
CHGG
More free cash flow
CHGG
CHGG
$53.2M more FCF
CHGG
$-15.5M
$-68.6M
FIP
Faster 2-yr revenue CAGR
FIP
FIP
Annualised
FIP
31.9%
-35.4%
CHGG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CHGG
CHGG
FIP
FIP
Revenue
$72.7M
$143.5M
Net Profit
$-97.7M
Gross Margin
57.3%
Operating Margin
-47.2%
-45.7%
Net Margin
-68.1%
Revenue YoY
-49.4%
77.7%
Net Profit YoY
21.6%
EPS (diluted)
$-0.30
$-1.04

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
FIP
FIP
Q4 25
$72.7M
$143.5M
Q3 25
$77.7M
$140.6M
Q2 25
$105.1M
$122.3M
Q1 25
$121.4M
$96.2M
Q4 24
$143.5M
$80.8M
Q3 24
$136.6M
$83.3M
Q2 24
$163.1M
$84.9M
Q1 24
$174.3M
$82.5M
Net Profit
CHGG
CHGG
FIP
FIP
Q4 25
$-97.7M
Q3 25
$-17.5M
$-104.5M
Q2 25
$-35.7M
$-70.0M
Q1 25
$-17.5M
$120.2M
Q4 24
$-124.7M
Q3 24
$-212.6M
$-43.0M
Q2 24
$-616.9M
$-48.1M
Q1 24
$-1.4M
$-50.3M
Gross Margin
CHGG
CHGG
FIP
FIP
Q4 25
57.3%
Q3 25
59.2%
Q2 25
66.3%
Q1 25
55.5%
Q4 24
68.2%
Q3 24
68.2%
Q2 24
72.2%
Q1 24
73.3%
Operating Margin
CHGG
CHGG
FIP
FIP
Q4 25
-47.2%
-45.7%
Q3 25
-22.0%
-70.8%
Q2 25
-34.7%
-56.4%
Q1 25
-23.9%
81.8%
Q4 24
-19.0%
-152.7%
Q3 24
-162.7%
-51.7%
Q2 24
-297.3%
-56.4%
Q1 24
-1.4%
-58.8%
Net Margin
CHGG
CHGG
FIP
FIP
Q4 25
-68.1%
Q3 25
-22.5%
-74.4%
Q2 25
-33.9%
-57.2%
Q1 25
-14.4%
125.0%
Q4 24
-154.4%
Q3 24
-155.7%
-51.6%
Q2 24
-378.1%
-56.7%
Q1 24
-0.8%
-60.9%
EPS (diluted)
CHGG
CHGG
FIP
FIP
Q4 25
$-0.30
$-1.04
Q3 25
$-0.16
$-1.38
Q2 25
$-0.33
$-0.73
Q1 25
$-0.17
$0.89
Q4 24
$-0.03
$-1.21
Q3 24
$-2.05
$-0.45
Q2 24
$-6.01
$-0.52
Q1 24
$-0.01
$-0.54

Balance Sheet & Financial Strength

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

Metric
CHGG
CHGG
FIP
FIP
Cash + ST InvestmentsLiquidity on hand
$72.8M
$57.4M
Total DebtLower is stronger
$3.8B
Stockholders' EquityBook value
$119.6M
$21.3M
Total Assets
$278.0M
$5.7B
Debt / EquityLower = less leverage
176.99×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CHGG
CHGG
FIP
FIP
Q4 25
$72.8M
$57.4M
Q3 25
$96.4M
$34.7M
Q2 25
$85.6M
$33.6M
Q1 25
$88.3M
$26.3M
Q4 24
$315.7M
$27.8M
Q3 24
$361.1M
$20.3M
Q2 24
$345.5M
$33.1M
Q1 24
$390.8M
$23.0M
Total Debt
CHGG
CHGG
FIP
FIP
Q4 25
$3.8B
Q3 25
$3.7B
Q2 25
$3.1B
Q1 25
$2.8B
Q4 24
$1.6B
Q3 24
$1.5B
Q2 24
$1.6B
Q1 24
$1.3B
Stockholders' Equity
CHGG
CHGG
FIP
FIP
Q4 25
$119.6M
$21.3M
Q3 25
$146.1M
$181.1M
Q2 25
$157.9M
$375.5M
Q1 25
$185.7M
$476.2M
Q4 24
$193.0M
$202.7M
Q3 24
$185.0M
$370.8M
Q2 24
$365.5M
$394.8M
Q1 24
$963.5M
$402.5M
Total Assets
CHGG
CHGG
FIP
FIP
Q4 25
$278.0M
$5.7B
Q3 25
$378.3M
$5.5B
Q2 25
$404.5M
$4.4B
Q1 25
$438.8M
$4.1B
Q4 24
$869.0M
$2.4B
Q3 24
$1.0B
$2.4B
Q2 24
$1.1B
$2.5B
Q1 24
$1.7B
$2.3B
Debt / Equity
CHGG
CHGG
FIP
FIP
Q4 25
176.99×
Q3 25
20.59×
Q2 25
8.21×
Q1 25
5.79×
Q4 24
7.84×
Q3 24
4.14×
Q2 24
3.94×
Q1 24
3.34×

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
FIP
FIP
Operating Cash FlowLast quarter
$-9.0M
$-2.8M
Free Cash FlowOCF − Capex
$-15.5M
$-68.6M
FCF MarginFCF / Revenue
-21.3%
-47.8%
Capex IntensityCapex / Revenue
8.9%
45.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-12.6M
$-398.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CHGG
CHGG
FIP
FIP
Q4 25
$-9.0M
$-2.8M
Q3 25
$4.8M
$-24.4M
Q2 25
$-4.8M
$-5.2M
Q1 25
$24.5M
$-85.7M
Q4 24
$18.1M
$-8.1M
Q3 24
$39.5M
$14.2M
Q2 24
$14.2M
$-17.6M
Q1 24
$53.3M
$-3.9M
Free Cash Flow
CHGG
CHGG
FIP
FIP
Q4 25
$-15.5M
$-68.6M
Q3 25
$-943.0K
$-90.7M
Q2 25
$-12.1M
$-87.5M
Q1 25
$15.9M
$-151.7M
Q4 24
$4.8M
$-34.3M
Q3 24
$23.7M
$-11.7M
Q2 24
$-3.6M
$-32.1M
Q1 24
$25.3M
$-16.7M
FCF Margin
CHGG
CHGG
FIP
FIP
Q4 25
-21.3%
-47.8%
Q3 25
-1.2%
-64.5%
Q2 25
-11.5%
-71.6%
Q1 25
13.1%
-157.7%
Q4 24
3.4%
-42.4%
Q3 24
17.3%
-14.0%
Q2 24
-2.2%
-37.9%
Q1 24
14.5%
-20.3%
Capex Intensity
CHGG
CHGG
FIP
FIP
Q4 25
8.9%
45.9%
Q3 25
7.4%
47.2%
Q2 25
6.9%
67.3%
Q1 25
7.1%
68.6%
Q4 24
9.3%
32.5%
Q3 24
11.6%
31.1%
Q2 24
10.9%
17.2%
Q1 24
16.1%
15.6%
Cash Conversion
CHGG
CHGG
FIP
FIP
Q4 25
Q3 25
Q2 25
Q1 25
-0.71×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

CHGG
CHGG

Segment breakdown not available.

FIP
FIP

Power Revenues$45.9M32%
Rail Revenue$44.6M31%
Service Other$22.8M16%
Gas Revenues$15.3M11%
Roadside Services Revenues$11.5M8%
Rapauno$1.2M1%

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