Chegg Inc
NYSE:CHGG
Chegg Inc
Chegg, Inc. operates a learning platform for students. The company is headquartered in Santa Clara, California and currently employs 1,613 full-time employees. The company went IPO on 2013-11-13. The Chegg platform provides products and services to support learners to understand their academic course material. The firm also provides personal and professional development skills training. Its Chegg Service product and service offerings include Chegg Service and required materials. Its Chegg Services, which encompasses its subscription services, and which can be accessed internationally through its Websites and on mobile devices. Its required materials include textbooks and eTextbooks. Its Chegg Services subscribers include Chegg Study, Chegg Writing, Chegg Math Solver, Chegg Study Pack, Mathway, and Thinkful. The Chegg Study Pack is an integrated platform of connected academic support services. Its Chegg Writing service consists of a free, ad-supported service and a premium paid subscription service providing students with a suite of tools, including plagiarism detection scans, and grammar and writing fluency checking.
Chegg, Inc. operates a learning platform for students. The company is headquartered in Santa Clara, California and currently employs 1,613 full-time employees. The company went IPO on 2013-11-13. The Chegg platform provides products and services to support learners to understand their academic course material. The firm also provides personal and professional development skills training. Its Chegg Service product and service offerings include Chegg Service and required materials. Its Chegg Services, which encompasses its subscription services, and which can be accessed internationally through its Websites and on mobile devices. Its required materials include textbooks and eTextbooks. Its Chegg Services subscribers include Chegg Study, Chegg Writing, Chegg Math Solver, Chegg Study Pack, Mathway, and Thinkful. The Chegg Study Pack is an integrated platform of connected academic support services. Its Chegg Writing service consists of a free, ad-supported service and a premium paid subscription service providing students with a suite of tools, including plagiarism detection scans, and grammar and writing fluency checking.
Revenue Beat: Chegg exceeded its revenue expectations for Q4 2025, surpassing the high end of guidance by $2 million.
Skilling Growth: Chegg Skilling delivered $18 million in Q4 revenue, supporting double-digit growth targets for 2026.
Restructuring Progress: The company reduced non-GAAP operating expenses by 47% year-over-year and executed significant cost cuts.
Free Cash Flow Outlook: Despite negative free cash flow in Q4 due to restructuring, management expects meaningful free cash flow in 2026.
Guidance: For Q1 2026, Chegg targets total revenue of $60–62 million and gross margin of 57–58%.
Strategic Shift: Chegg is focusing on B2B skilling, expanding partnerships, and broadening its course catalog, particularly in AI and technical skills.
AI & Efficiency: AI adoption and restructuring enabled substantial expense and capital reductions without hurting growth.
No Immediate NYSE Impact: The company received a NYSE delisting notice but emphasized that it has time and options to regain compliance.
