CHEGG, INC. (CHGG) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 9, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the CHGG SEC filings page.
CHEGG, INC. (CHGG) reported $265.5M in revenue over the twelve months to Jun 30, 2026, down 47.6% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Chegg’s shrinking revenue now combines with thinner margins and near-zero operating cash generation, making the business materially less self-funding.
By FY2025, revenue had fallen to$377M while gross margin was59.6% , showing the contraction reached the economics of each reported dollar. Operating cash flow was only$15M , versus$125M in FY2024, so the pressure also reached cash conversion.
The balance sheet shrank sharply: total assets fell to
FY2024’s
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of CHEGG, INC.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
CHEGG, INC. has an operating margin of -31.0%, meaning the company loses $31 on every $100 of revenue. This results in a profitability score of 11/100. This is up from -119.4% the prior year.
CHEGG, INC.'s revenue declined 39.0% year-over-year, from $617.6M to $376.9M. This contraction results in a growth score of 2/100.
CHEGG, INC. has a moderate D/E ratio of 1.32. This balance of debt and equity financing earns a leverage score of 41/100.
CHEGG, INC.'s current ratio of 0.86 is below the typical benchmark, resulting in a score of 13/100. This tight liquidity could limit financial flexibility if cash inflows slow.
While CHEGG, INC. generated $15.5M in operating cash flow, capex of $28.1M consumed most of it, leaving -$12.6M in free cash flow. This results in a low score of 46/100, reflecting heavy capital investment rather than weak cash generation.
CHEGG, INC. posts a -86.1% return on equity (ROE), meaning it loses $86 for every $100 of shareholders' equity. This results in a returns score of 10/100. This is up from -433.7% the prior year.
CHEGG, INC. scores -4.81, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($81.6M) relative to total liabilities ($158.4M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
CHEGG, INC. passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
CHEGG, INC. reported a net loss of $103.0M while generating $15.5M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
CHEGG, INC. reported an operating loss of $116.9M against $590K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
CHEGG, INC. generated $51.8M in revenue in Q2 2026. This represents a decrease of 50.7% from the same quarter a year earlier. Against the prior quarter it is down 18.0%.
CHEGG, INC. reported -$3.0M in net income in Q2 2026. This represents an increase of 91.7% from the same quarter a year earlier. Against the prior quarter it is down 1394.3%.
CHEGG, INC. earned -$0.03 per diluted share (EPS) in Q2 2026. This represents an increase of 90.9% from the same quarter a year earlier.
Not reported for Q2 2026.
Cash & Balance Sheet
CHEGG, INC. generated $6.4M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 153.0% from the same quarter a year earlier. Against the prior quarter it is up 108.9%.
CHEGG, INC. held $44.6M in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Margins & Returns
CHEGG, INC.'s gross margin was 54.5% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 11.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 5.3 percentage points.
CHEGG, INC.'s operating margin was -6.1% in Q2 2026, reflecting core business profitability. This is up 28.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 4.5 percentage points.
CHEGG, INC.'s net profit margin was -5.7% in Q2 2026, showing the share of revenue converted to profit. This is up 28.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 6.0 percentage points.
CHEGG, INC.'s ROE was -2.5% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 20.1 percentage points from the same quarter a year earlier. Against the prior quarter it is down 2.7 percentage points.
Capital Allocation
CHEGG, INC. invested $7.4M in research and development in Q2 2026. This represents a decrease of 74.2% from the same quarter a year earlier. Against the prior quarter it is down 19.1%.
CHEGG, INC. invested $3.7M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 49.4% from the same quarter a year earlier. Against the prior quarter it is up 251.1%.
Not reported for Q2 2026.
CHGG Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $51.8M-50.7% | $63.3M-47.9% | $72.7M-49.4% | $77.7M-43.1% | $105.1M-35.6% | $121.4M-30.4% | $143.5M-23.7% | $136.6M-13.5% |
| Cost of Revenue | $23.6M-33.6% | $25.4M-53.0% | $31.0M-32.0% | $31.7M-27.0% | $35.5M-21.9% | $54.0M+16.1% | $45.6M-0.4% | $43.4M-48.0% |
| Gross Profit | $28.3M-59.4% | $37.9M-43.8% | $41.7M-57.4% | $46.0M-50.6% | $69.6M-40.8% | $67.4M-47.3% | $97.9M-31.2% | $93.2M+25.4% |
| R&D Expenses | $7.4M-74.2% | $9.1M-68.9% | $17.0M-58.6% | $18.4M-55.6% | $28.7M-34.2% | $29.4M-33.8% | $41.0M-10.3% | $41.3M-10.5% |
| SG&A Expenses | $14.6M-75.7% | $19.2M-51.3% | $44.8M-20.4% | $33.2M-36.0% | $60.0M+11.0% | $39.4M-29.1% | $56.3M+5.4% | $51.9M-2.9% |
| Operating Income | -$3.2M+91.3% | -$1.0M+96.4% | -$34.3M-25.4% | -$17.1M+92.3% | -$36.5M+92.5% | -$29.0M-1064.3% | -$27.3M-305.6% | -$222.3M-284.1% |
| EBITDA | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -$202.7M-20798.7% |
| Interest Expense | $22K-46.3% | $31K-93.4% | $41K-93.5% | $41K-93.8% | $41K-93.7% | $467K-28.2% | $631K-80.2% | $658K-10.2% |
| Income Tax | $392K-67.9% | -$140K-113.8% | -$639K-115.9% | $1.7M+161.8% | $1.2M-99.1% | $1.0M-88.8% | $4.0M-50.4% | -$2.7M-1683.1% |
| Net Income | -$3.0M+91.7% | $228K+101.3% | -$32.4M-434.6% | -$17.5M+91.8% | -$35.7M+94.2% | -$17.5M-1131.3% | -$6.1M-163.9% | -$212.6M-1063.0% |
| EPS (Basic) | -$0.03+90.9% | $0.00+100.0% | -$0.30-1400.0% | -$0.16+92.2% | -$0.33+94.5% | -$0.17-1600.0% | -$0.02-122.2% | -$2.05-1181.3% |
| EPS (Diluted) | -$0.03+90.9% | $0.00+100.0% | -$0.30 | -$0.16+92.2% | -$0.33+94.5% | -$0.17-1600.0% | -$0.02+80.0% | -$2.05-1181.3% |
| Diluted Shares (Avg) | 111M+4.2% | 112M+6.6% | N/A | 108M+4.6% | 107M+4.2% | 105M+2.8% | N/A | 104M-10.1% |
CHGG Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $227.6M-43.7% | $244.1M-44.4% | $278.0M-68.0% | $378.3M-62.3% | $404.5M-63.7% | $438.8M-74.7% | $869.0M-49.7% | $1.0B-44.4% |
| Current Assets | $108.7M-46.7% | $110.8M-47.2% | $121.6M-72.2% | $203.4M-59.0% | $203.9M-53.0% | $209.8M-55.0% | $437.6M+5.5% | $496.5M+42.8% |
| Cash & Equivalents | $44.6M+21.2% | $33.5M-24.0% | $31.1M-80.7% | $38.2M-74.9% | $36.8M-72.3% | $44.1M-69.3% | $161.5M+18.9% | $152.1M+61.1% |
| Short-Term Investments | $27.7M-43.3% | $32.4M-26.7% | $41.7M-73.0% | $58.2M-72.1% | $48.8M-77.0% | $44.2M-82.1% | $154.2M-20.6% | $209.0M+25.3% |
| Accounts Receivable | $10.7M-40.5% | $17.8M-37.7% | $15.6M-34.0% | $15.4M-35.0% | $18.1M-13.9% | $28.5M+15.4% | $23.6M-24.7% | $23.7M-22.1% |
| Long-Term Investments | $0-100.0% | $2.0M-94.8% | $12.4M-94.2% | $15.3M-94.3% | $28.5M-89.0% | $38.1M-82.8% | $212.7M-14.8% | $270.2M-34.5% |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | $0-100.0% | $0-100.0% |
| Total Liabilities | $109.0M-55.8% | $123.0M-51.4% | $158.4M-76.6% | $232.2M-71.6% | $246.6M-67.1% | $253.1M-67.1% | $676.0M-13.6% | $817.7M+6.0% |
| Current Liabilities | $93.0M-59.0% | $106.9M-37.5% | $140.9M-73.3% | $214.6M-60.7% | $227.0M-53.2% | $171.0M-66.1% | $528.3M+1.9% | $545.8M+263.3% |
| Non-Current Liabilities | $16.1M-18.2% | $16.0M-80.5% | $17.4M-88.2% | $17.6M-93.5% | $19.6M-92.6% | $82.1M-68.9% | $147.6M-44.1% | $271.9M-56.2% |
| Total Equity | $118.6M-24.9% | $121.1M-34.8% | $119.6M-38.0% | $146.1M-21.0% | $157.9M-56.8% | $185.7M-80.7% | $193.0M-79.6% | $185.0M-82.1% |
| Retained Earnings | -$995.6M-5.6% | -$992.6M-9.5% | -$992.9M-11.6% | -$960.1M-8.7% | -$942.6M-40.5% | -$906.9M-1586.0% | -$889.4M-1598.3% | -$883.3M-1323.8% |
Not reported in any period shown, so not listed: Inventory, Long-Term Debt.
CHGG Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $10.1M+307.8% | $4.1M-83.3% | -$9.0M-149.7% | $4.8M-87.8% | -$4.8M-134.0% | $24.5M-54.0% | $18.1M-76.6% | $39.5M+20.5% |
| Depreciation & Amortization | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $19.6M-65.6% |
| Stock-Based Compensation | $2.3M-70.6% | $2.7M-75.9% | N/A | $5.9M-73.0% | $7.9M-56.2% | $11.3M-61.6% | N/A | $21.9M-31.3% |
| Capital Expenditures | $3.7M-49.4% | $1.0M-88.0% | $6.5M-51.3% | $5.8M-63.7% | $7.2M-59.4% | $8.7M-69.1% | $13.3M-48.4% | $15.8M-32.4% |
| Free Cash Flow | $6.4M+153.0% | $3.1M-80.7% | -$15.5M-420.3% | -$943K-104.0% | -$12.1M-237.8% | $15.9M-37.3% | $4.8M-90.7% | $23.7M+152.7% |
| Investing Cash Flow | $2.9M+205.9% | $18.1M-93.4% | $12.5M-86.9% | -$2.3M+87.9% | -$2.7M+88.3% | $274.9M+773.6% | $94.8M-16.4% | -$19.4M-175.1% |
| Financing Cash Flow | -$1.8M-933.9% | -$20.0M+95.2% | -$10.7M+89.5% | -$604K+26.5% | -$177K+86.8% | -$417.0M-9610.3% | -$102.7M+31.5% | -$822K+99.4% |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | $2.6M-98.3% | $0 |
Not reported in any period shown, so not listed: Dividends Paid.
CHGG Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 54.5%-11.7pp | 59.9%+4.3pp | 57.3%-10.9pp | 59.2%-9.0pp | 66.3%-5.9pp | 55.5%-17.8pp | 68.2%-7.4pp | 68.2%+21.2pp |
| Operating Margin | -6.1%+28.6pp | -1.6%+22.3pp | -47.2%-28.1pp | -22.0% | -34.7% | -23.9%-22.5pp | -19.0%-26.1pp | -162.7% |
| Net Margin | -5.7%+28.2pp | 0.4%+14.8pp | -44.6%-40.3pp | -22.5% | -33.9% | -14.4%-13.6pp | -4.2%-9.3pp | -155.7% |
| Return on Equity | -2.5%+20.1pp | 0.2%+9.6pp | -27.1%-23.9pp | -12.0%+103.0pp | -22.6%+146.2pp | -9.4%-9.3pp | -3.1%-4.1pp | -115.0%-113.2pp |
| Return on Assets | -1.3%+7.5pp | 0.1%+4.1pp | -11.7%-10.9pp | -4.6%+16.6pp | -8.8%+46.5pp | -4.0%-3.9pp | -0.7%-1.3pp | -21.2%-20.2pp |
| Current Ratio | 1.17+0.3x | 1.04-0.2x | 0.860.0x | 0.950.0x | 0.900.0x | 1.23+0.3x | 0.830.0x | 0.91-1.4x |
| Debt-to-Equity | 0.92-0.6x | 1.01-0.3x | 1.32-2.2x | 1.59-2.8x | 1.56-0.5x | 1.36+0.6x | 3.50+2.7x | 4.42+3.7x |
| Asset Turnover | 0.230.0x | 0.260.0x | 0.26+0.1x | 0.21+0.1x | 0.26+0.1x | 0.28+0.2x | 0.17+0.1x | 0.140.0x |
| FCF Margin | 12.3%+23.8pp | 4.8%-8.2pp | -21.3%-24.7pp | -1.2%-18.6pp | -11.5%-9.3pp | 13.1%-1.4pp | 3.4%-24.1pp | 17.3%+11.4pp |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin.
Note: The current ratio is below 1.0 (0.86), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| CHEGG, INC. CHGG | FY2025 | $376.9M | -$103.0M | -27.3% | $81.6M | 21/100 |
| Legacy Education Inc. LGCY | FY2026 | $80.1M | $9.1M | 11.4% | $131.1M | 81/100 |
| iHuman Inc. IH | FY2025 | $115.4M | $13.6M | 11.8% | $58.8M | 54/100 |
| Sunlands Technology Group STG | FY2025 | $288.8M | $52.3M | 18.1% | $34.2M | 61/100 |
| Skillsoft Corp. SKIL | FY2026 | $512.7M | -$139.8M | -27.3% | $55.6M | 21/100 |
| Franklin Covey Company FC | FY2025 | $267.1M | $3.1M | 1.1% | $205.0M | 44/100 |
Where CHEGG, INC. Ranks
Frequently Asked Questions
What is CHEGG, INC.'s annual revenue?
CHEGG, INC. (CHGG) reported $376.9M in total revenue for fiscal year 2025. This represents a -39.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is CHEGG, INC.'s revenue growing?
CHEGG, INC. (CHGG) revenue declined by 39.0% year-over-year, from $617.6M to $376.9M in fiscal year 2025.
Is CHEGG, INC. profitable?
No, CHEGG, INC. (CHGG) reported a net income of -$103.0M in fiscal year 2025, with a net profit margin of -27.3%.
What is CHEGG, INC.'s gross margin?
CHEGG, INC. (CHGG) had a gross margin of 59.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is CHEGG, INC.'s operating margin?
CHEGG, INC. (CHGG) had an operating margin of -31.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is CHEGG, INC.'s net profit margin?
CHEGG, INC. (CHGG) had a net profit margin of -27.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is CHEGG, INC.'s return on equity (ROE)?
CHEGG, INC. (CHGG) has a return on equity of -86.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is CHEGG, INC.'s free cash flow?
CHEGG, INC. (CHGG) recorded an outflow of $12.6M in free cash flow during fiscal year 2025. This represents a -125.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is CHEGG, INC.'s operating cash flow?
CHEGG, INC. (CHGG) generated $15.5M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are CHEGG, INC.'s total assets?
CHEGG, INC. (CHGG) had $278.0M in total assets as of fiscal year 2025, including both current and long-term assets.
What are CHEGG, INC.'s capital expenditures?
CHEGG, INC. (CHGG) invested $28.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does CHEGG, INC. spend on research and development?
CHEGG, INC. (CHGG) invested $93.5M in research and development during fiscal year 2025.
What is CHEGG, INC.'s current ratio?
CHEGG, INC. (CHGG) had a current ratio of 0.86 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is CHEGG, INC.'s debt-to-equity ratio?
CHEGG, INC. (CHGG) had a debt-to-equity ratio of 1.32 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is CHEGG, INC.'s return on assets (ROA)?
CHEGG, INC. (CHGG) had a return on assets of -37.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is CHEGG, INC.'s P/E ratio?
CHEGG, INC. (CHGG) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $81.6M as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is CHEGG, INC.'s price-to-sales ratio?
CHEGG, INC. (CHGG) trades at 0.3x sales, its market capitalization divided by revenue of $265.5M revenue, trailing 12 months to June 30, 2026. The market capitalization is $81.6M as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is CHEGG, INC.'s Altman Z-Score?
CHEGG, INC. (CHGG) has an Altman Z-Score of -4.81, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is CHEGG, INC.'s Piotroski F-Score?
CHEGG, INC. (CHGG) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are CHEGG, INC.'s earnings high quality?
CHEGG, INC. (CHGG) reported a net loss of $103.0M while generating $15.5M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can CHEGG, INC. cover its interest payments?
CHEGG, INC. (CHGG) reported an operating loss of $116.9M against $590K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is CHEGG, INC.?
CHEGG, INC. (CHGG) scores 21 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.