Welcome to our dedicated page for CHEGG news (Ticker: CHGG), a resource for investors and traders seeking the latest updates and insights on CHEGG stock.
Chegg, Inc. reports news around its global learning platform, with coverage centered on Chegg Skilling, Academic Services, workplace readiness, professional upskilling, language learning and AI-supported student services. Company updates commonly address earnings, segment priorities, enterprise and channel partnerships, and the shift toward skilling as a larger part of Chegg’s business model.
Recurring developments also include product and partnership announcements for Chegg Skills and Busuu, equity compensation actions under NYSE rules, shareholder ownership disclosures, and governance updates tied to the company’s board and management structure.
Powerlaw Corp. (PWRL) approved a fiscal 2027 dividend program at a 6% annual rate on its August 31, 2026 NAV of $16.23 per share, implying a monthly dividend of $0.0812 starting October 2026.
The Board has declared monthly dividends of $0.0812 per share for October 30, November 30, and December 30, 2026, for holders of record on October 20, November 20, and December 21, respectively. Based on the September 18, 2026 share price of $11.39 and assuming continuous payments, the company estimates an effective annualized yield of about 8.6% for fiscal 2027, though the Board may amend or terminate the program and dividends are not guaranteed.
Effective September 24, 2026, the Fund waived remaining non‑affiliate lock‑ups, making 13,716,695 additional shares immediately sale‑eligible. It also realized approximately $19.0 million from a partial sale of SpaceX shares at $140 per share to support dividends, tax distributions, and new private investments, and announced three senior leadership hires.
Chegg (CHGG) has launched an expanded AI-powered internship and career platform on September 3, 2026 to move beyond academic support into career outcomes.
The integrated experience combines internship discovery, resume and cover-letter creation, one-click applications, skills assessment and development, networking tools, and AI-driven interview preparation in a single workflow. Drawing on proprietary data and insight into how students learn and build careers, the platform matches internships to a student’s skills, interests, education, location, and aspirations, then recommends targeted Chegg Skills content to close gaps and increase qualifying opportunities. Students can auto-tailor resumes, generate customized cover letters, practice role-specific interviews with real-time feedback, and identify alumni and hiring contacts, with personalized outreach drafts. Opportunities span multiple sectors and U.S. cities, and the service is available through internships.com and chegg.com.
Chegg (NYSE: CHGG) announced that it has repaid at maturity the remaining $33.9 million principal amount of its 0% convertible senior notes due September 1, 2026. With this payment, the 2026 Notes are fully retired and Chegg reports having no outstanding debt.
According to Chegg, achieving a debt-free balance sheet follows actions to reduce costs and improve cash flow. As of June 30, 2026, Chegg held $72 million in cash, cash equivalents, and investments; on a pro forma basis after repayment, this would be approximately $38 million.
Chegg (NYSE:CHGG) reported that on August 12, 2026, its Compensation Committee granted equity awards under the Chegg 2023 Equity Inducement Plan. Two newly hired employees received 700,000 RSUs in total, relying on the NYSE employment inducement award exception. The RSUs vest over three years, with one-third after 12 months and the remainder in equal quarterly installments over the next 24 months, subject to continued service.
Chegg (NYSE:CHGG) reported second quarter 2026 total net revenues of $51.8 million, down 51% year-over-year, with Chegg Skilling revenues of $17.5 million, up 2%. GAAP gross margin was 55% and non-GAAP gross margin 57%. Net loss was $3.0 million and non-GAAP net loss $2.5 million, while adjusted EBITDA reached $9.1 million, a margin of 17%.
Chegg cut Q2 non-GAAP operating expenses to $32.3 million, nearly half of the prior year, and reduced CapEx to $3.7 million (down 49% year-over-year). Free cash flow was $6.4 million in Q2 and $9.5 million in the first half of 2026. The company ended the quarter with $72.3 million in cash and investments and $38.5 million in net cash, repurchased $1.7 million of stock, and plans to fully repay its convertible debt in Q3.
For Q3 2026, Chegg guides to total revenue of $43–$44 million, gross margin of 48–49%, and adjusted EBITDA of $1–$2 million, and is shifting its model toward an AI-first employability platform integrating academic services and skilling.
Chegg (NYSE: CHGG) received notice from the New York Stock Exchange on July 24, 2026 that it is not in compliance with Section 802.01C, after its average closing share price stayed below $1.00 for a consecutive 30 trading-day period ending July 23, 2026.
The notice does not immediately affect Chegg’s NYSE listing, and the stock will continue trading during a six-month cure period, subject to other listing standards. Chegg plans to notify the NYSE of its intent to regain compliance, potentially including a reverse stock split with board approval. If Chegg does not regain compliance within the cure period, its common stock may be subject to NYSE suspension and delisting procedures.
Chegg (NYSE: CHGG) will release its Q2 2026 financial results, for the quarter ended June 30, 2026, on Thursday, August 6, 2026. The company will host a conference call at 5:30 a.m. Pacific Time (8:30 a.m. Eastern Time) on the same day to discuss the results.
Investors can join by dialing 1-877-407-4018 (U.S.) or +1-201-689-8471 (international), or via live webcast at https://investor.chegg.com. A Call me™ link will activate 15 minutes before the start, and an audio replay will be available until 11:59 p.m. Eastern Time on August 20, 2026, as well as in the online audio archive.
Chegg (NYSE:CHGG) reported results of its 2026 Annual Meeting of Stockholders held June 12, 2026. Stockholders approved all proposals in the April 28, 2026 proxy, including director elections, executive compensation, auditor ratification, and authorization to amend the charter to permit a Board-determined reverse stock split.
Chegg received NYSE confirmation on June 1, 2026 that it had regained compliance with the minimum share price listing standard. In response, the Board chose not to implement a reverse stock split now, while retaining flexibility to use it in the future if circumstances warrant.
Chegg (NYSE:CHGG) granted an equity inducement award to one new hire under the Chegg 2023 Equity Inducement Plan, relying on NYSE Listing Rule 303A.08.
The award consists of 400,000 RSUs of Chegg common stock, with 50% vesting after one year and the rest vesting quarterly, subject to continued service.
Chegg (NYSE:CHGG) released new U.S. research on frontline-heavy industries showing large workforce skills gaps, training issues, and AI readiness concerns.
30% of employers spend over eight hours weekly covering skills gaps, 56% say entry-level workers are unprepared, and 26% view sector skills gaps as serious or at crisis level.