CHEGG, INC CHGG

Industrials SIC 8200 - Services-Educational Services NAICS Educational Services derived NYSE

Chegg is a learning platform helping businesses bring new skills to their workforce and giving lifelong learners and students the skills and confidence to succeed. Focused on the large and growing skilling market, Chegg offers innovative tools for workplace readiness, professional upskilling, and language learning. Chegg also continues to offer students artificial intelligence (AI)-driven, personalized support. Chegg remains committed to its mission of improving learning outcomes and career opportunities for millions of people around the world.

Our long-term strategy is focused on helping learners achieve better outcomes by combining academic support with practical, career-relevant skills across the learning lifecycle. We are evolving our platform to support learners both in the classroom and beyond, leveraging AI to deliver faster, more personalized, and more effective learning experiences. We continue to invest in expanding our skilling offerings and integrating them with our core academic services to provide a differentiated, end-to-end solution that supports the whole learner. Our use of AI in our platform is designed to enable us to scale personalized support, improve learning outcomes, and increase course completion while maintaining high standards of quality and accuracy. We believe these investments position us to drive deeper engagement, expand our addressable market, and return the business to sustainable revenue growth over time. Our ability to achieve these long-term objectives is subject to numerous risks and uncertainties, which are described in greater detail below and in Part I, Item 1A, "Risk Factors" of this Annual Report on Form 10-K.

Last close 0.70 2026-10-23
Market cap $78.0M 2026-06-30 share count
52-week range 0.45 - 1.56

Valuation FY2025 figures against the last close

P/S0.2x
P/E—
P/FCF—
EV/EBITDA—
Dividend yield—
Diluted EPS-0.96

Where the revenue comes from as reported in the latest 10-K

Revenue by geography

  • United States
  • International
Revenue by geography, 2 categories over 3 years. The same figures are in the table below. FY2025 United States, FY2025: 320.3M (85.0%) 85% United States International, FY2025: 56.6M (15.0%) 15% International FY2024 United States, FY2024: 537.6M (87.1%) 87% International, FY2024: 80M (12.9%) 13% FY2023 United States, FY2023: 616.4M (86.0%) 86% International, FY2023: 99.9M (14.0%) 14%
Region FY2025FY2024FY2023
United States $320.3M $537.6M $616.4M
International $56.6M $80.0M $99.9M

As the company reported it, from the “Segment Information - Schedule of Revenue by Product Line and Geographic Areas (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $376.9M$617.6M$716.3M$766.9M$776.3M$644.3M$410.9M$321.1M$255.1M$254.1M
Cost of revenue $152.2M$180.9M$225.9M$197.4M$254.9M$205.4M$92.2M$80.0M$80.2M$119.6M
Gross profit $224.8M$436.6M$490.4M$569.5M$521.4M$438.9M$318.7M$241.1M$174.9M$134.5M
R&D $93.5M$170.4M$191.7M$196.6M$178.8M$170.9M$139.8M$114.3M$81.9M$66.3M
SG&A $177.4M$217.8M$236.2M$216.2M$159.0M$129.3M$97.6M$77.7M$64.4M$55.4M
Total operating expenses $341.6M$1.17B$558.1M$560.5M$443.3M$382.2M$300.9M$247.3M$193.9M$174.6M
Operating income -$116.9M-$737.1M-$67.7M$9.0M$78.1M$56.8M$17.8M-$6.2M-$19.0M-$40.1M
Interest expense $590.0K$2.6M$3.8M$6.0M$6.9M$66.3M$44.9M$11.2M$74.0K$171.0K
Pre-tax income -$100.1M-$688.4M$50.3M$103.9M$5.7M-$861.0K-$7.0M-$13.5M-$18.5M-$40.5M
Income tax $3.3M$148.7M$32.1M$162.7M$7.2M$5.4M$2.6M$1.4M$1.8M$1.7M
Net income -$103.0M-$837.0M$18.0M$266.6M-$1.5M-$6.2M-$9.6M-$14.9M-$20.3M-$42.2M
EPS, basic -0.96-8.100.162.09-0.01-0.05-0.08———
EPS, diluted -0.96-8.10-0.341.34-0.01-0.05-0.08-0.13-0.20-0.47
Shares, diluted (wtd. avg.) 107.5M103.3M128.6M149.9M141.3M125.4M119.2M——90.5M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $31.1M$161.5M$135.8M$475.9M$855.9M$481.7M$389.4M$375.9M$127.0M$77.4M
Short-term investments $41.7M$154.2M$194.3M$584.0M$691.8M$665.6M$381.1M$93.3M$81.7M$0
Receivables $15.6M$23.6M$31.4M$23.5M$17.9M$12.9M$11.5M$12.7M$10.9M$10.5M
Total current assets $121.6M$437.6M$414.8M$1.14B$1.62B$1.18B$807.3M$494.9M$228.9M$111.4M
Property, plant and equipment $115.2M$170.6M$183.1M$204.4M$169.9M$125.8M$87.4M$59.9M$47.5M$35.3M
Goodwill —$0$632.0M$615.1M$289.8M$285.2M$214.5M$149.5M$125.3M$116.2M
Other intangibles $6.0M$10.3M$52.4M$78.3M$40.6M$51.2M$34.7M$25.9M$21.2M$20.7M
Total assets $278.0M$869.0M$1.73B$2.47B$2.92B$2.25B$1.49B$760.9M$446.9M$290.7M
Accounts payable $3.3M$15.2M$28.2M$12.4M$12.0M$8.5M$7.4M$8.2M$7.0M$5.2M
Total current liabilities $140.9M$528.3M$518.5M$138.9M$114.3M$109.7M$71.4M$59.7M$51.6M$64.3M
Total liabilities $158.4M$676.0M$782.6M$1.35B$1.81B$1.64B$990.2M$350.3M$55.9M$68.7M
Retained earnings -$992.9M-$889.4M-$52.4M-$70.6M-$337.2M-$422.6M-$416.3M-$406.6M-$391.6M-$371.3M
Total equity $119.6M$193.0M$944.6M$1.12B$1.11B$609.6M$498.8M$410.6M$391.1M$221.9M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $15.5M$125.2M$246.2M$255.7M$273.2M$236.4M$113.4M$75.1M$51.5M$24.3M
Depreciation and amortisation ——$105.3M$64.1M$49.6M$32.6M$24.2M$16.8M$13.8M$9.9M
Stock-based compensation $31.9M$84.6M$133.5M$133.5M$108.8M$84.1M$64.9M$52.0M$38.4M$41.8M
Capital expenditure $28.1M$75.0M$83.1M$103.1M$94.2M$81.3M$42.3M$31.2M$26.1M$24.7M
Investing cash flow $282.3M$11.3M$268.7M$104.9M-$365.8M-$732.8M-$703.4M-$82.5M-$136.2M-$6.0M
Financing cash flow -$428.5M-$109.1M-$852.8M-$744.8M$466.7M$588.6M$603.5M$256.4M$134.2M-$8.7M
Buybacks $0$2.6M$334.8M$323.5M$300.0M$0$20.0M———

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001364954-26-000040.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -1B -500M 0 500M 1B Revenue, FY2016: 254.1M Gross profit, FY2016: 134.5M Net income, FY2016: -42.2M Revenue, FY2017: 255.1M Gross profit, FY2017: 174.9M Net income, FY2017: -20.3M Revenue, FY2018: 321.1M Gross profit, FY2018: 241.1M Net income, FY2018: -14.9M Revenue, FY2019: 410.9M Gross profit, FY2019: 318.7M Net income, FY2019: -9.6M Revenue, FY2020: 644.3M Gross profit, FY2020: 438.9M Net income, FY2020: -6.2M Revenue, FY2021: 776.3M Gross profit, FY2021: 521.4M Net income, FY2021: -1.5M Revenue, FY2022: 766.9M Gross profit, FY2022: 569.5M Net income, FY2022: 266.6M Revenue, FY2023: 716.3M Gross profit, FY2023: 490.4M Net income, FY2023: 18M Revenue, FY2024: 617.6M Gross profit, FY2024: 436.6M Net income, FY2024: -837M Revenue, FY2025: 376.9M Gross profit, FY2025: 224.8M Net income, FY2025: -103M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $254.1M $255.1M $321.1M $410.9M $644.3M $776.3M $766.9M $716.3M $617.6M $376.9M
Gross profit $134.5M $174.9M $241.1M $318.7M $438.9M $521.4M $569.5M $490.4M $436.6M $224.8M
Net income -$42.2M -$20.3M -$14.9M -$9.6M -$6.2M -$1.5M $266.6M $18.0M -$837.0M -$103.0M

Recent filings and events

  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Delisting notice The exchange has told the company it no longer meets the rules for staying listed - usually price, market cap, or filings that are late. Item 3.01
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Auditor changed The company changed auditors. Sometimes routine; historically one of the more reliable warnings that something is wrong. Item 4.01
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Other event Item 8.01
  • Results announced Item 2.02
  • Other event Item 8.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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