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Chegg, Inc. filings document the formal disclosures of a public global learning company focused on Chegg Skilling, Academic Services, language learning and AI-supported student services. Form 8-K reports record operating results, material events, material agreements, capital-structure matters and changes involving the company’s auditor and board composition.
Chegg’s proxy materials describe shareholder voting matters, classified board structure, director elections, executive compensation, equity awards and governance practices. The filing record also reflects disclosures tied to the company’s business organization, financial condition, reporting controls and public-company obligations on the NYSE.
Chegg reported steep revenue declines but much smaller losses for the quarter ended June 30, 2026. Net revenues were $51.8 million, down 51% from a year earlier, as Academic Services revenue fell 61% to $34.3 million. The company states that increased use of generative AI tools and Google’s AI Overview has reduced, and is expected to continue to reduce, traffic and subscriptions, pressuring this business.
Chegg Skilling grew modestly, with revenue up 2% to $17.5 million and rising to 34% of total revenue from 16% a year earlier. Aggressive restructuring and cost reductions lowered operating expenses by 70% and narrowed the quarterly net loss to $3.0 million, or $0.03 per share, from $35.7 million.
Cash, cash equivalents and investments totaled $72.3 million at June 30, 2026, after using $19.5 million to repurchase a portion of 0% convertible senior notes and $1.7 million to buy back 1.4 million shares. Convertible notes outstanding fell to $33.9 million in principal, and the company states existing liquidity should fund operations and debt service for at least 12 months.
Chegg, Inc. reported Q2 2026 net revenues of $51.8 million, a 51% year-over-year decline, and a GAAP net loss of $3.0 million. Chegg Skilling revenues were $17.5 million, up 2% year over year. Gross margin was 55% (non-GAAP 57%), and adjusted EBITDA reached $9.1 million, a 17% margin. Q2 non-GAAP operating expenses were $32.3 million, nearly half the prior-year level, and first-half free cash flow was $9.5 million. The company ended the quarter with $72.3 million in cash and investments, a net cash position of $38.5 million, repurchased $1.7 million of stock, and plans to fully repay its convertible debt in Q3.
Management describes an AI-first restructuring and strategic pivot toward an integrated employability platform that combines academic services, skilling and language learning, including a new AI-driven job-search and coaching experience. For Q3 2026, Chegg guides to total revenue of $43–$44 million, gross margin of 48–49%, and adjusted EBITDA of $1–$2 million.
Chegg, Inc. received notice from the New York Stock Exchange that it is not in compliance with Section 802.01C because the average closing share price of its common stock was less than $1.00 over a consecutive 30 trading‑day period ending on July 23, 2026. A prior minimum‑price notice from December 2025 had been cured by the end of May 2026.
The company plans to notify the NYSE of its intent to regain compliance, potentially including a reverse stock split subject to board approval. Chegg has a six‑month cure period during which its stock will continue trading on the NYSE, provided it meets other continued listing standards; failure to regain compliance would subject the shares to NYSE suspension and delisting procedures.
Chegg, Inc. CFO & Treasurer David Longo reported a disposition of 63,601 shares of Chegg common stock on 12 July 2026. The shares were automatically withheld by Chegg to satisfy federal and state tax obligations arising from the vesting and settlement of restricted stock units, as an exempt transaction under Section 16b-3(e). The filing states that Longo did not sell any shares in the market; the withheld shares were cancelled by the issuer. After this tax-withholding event, Longo holds 1,779,261 shares of Chegg common stock directly, including unvested performance stock units.
BUDIG RENEE VARNI reported acquisition or exercise transactions in this Form 4 filing.
Chegg, Inc. director Renee Varni Budig received an annual equity grant of 119,784 restricted stock units (RSUs) for board service. The award has no cash purchase price and each RSU represents a right to receive one share of Chegg common stock upon vesting.
The RSUs will vest on the one-year anniversary of the grant date, provided she continues serving on the board through that date. Following this grant, Budig directly holds 430,658 shares of Chegg common stock as reported in the filing.
Martin Marcela reported acquisition or exercise transactions in this Form 4 filing.
Chegg director Marcela Martin reported an annual equity award for board service. She received 119,784 restricted stock units (RSUs), each representing a right to one share of Chegg common stock at no cash cost per share. These RSUs vest on the one-year anniversary of the grant date, conditioned on her continued board service. After this grant, Martin directly holds 432,434 shares of Chegg common stock.
Levine Marne L. reported acquisition or exercise transactions in this Form 4 filing.
Chegg, Inc. director Marne L. Levine received an annual equity grant for board service in the form of 119,784 restricted stock units. These RSUs were granted at no cash price and each unit represents one share of Chegg common stock upon vesting.
The RSUs are scheduled to vest on the one-year anniversary of the grant date, conditioned on Levine’s continued service on the board through that date. Following this grant, Levine directly holds 465,281 shares of Chegg common stock, including the unvested RSUs reflected in this filing.
SCHLEIN TED reported acquisition or exercise transactions in this Form 4 filing.
CHEGG, INC director Ted Schlein reported an equity award and updated holdings. He received an annual grant of 119,784 restricted stock units for board service, each representing one share of common stock upon vesting. These RSUs vest on the one-year anniversary of the grant date, conditioned on his continued board service.
Following the grant, Schlein directly holds 174,784 shares of Chegg common stock and indirectly holds 524,663 shares through the Schlein Family Trust dated April 20, 1999, where he serves as co-trustee.
Chegg, Inc. reported the results of its 2026 Annual Meeting of Stockholders held on June 12, 2026. Stockholders elected two Class I directors, Dan Rosensweig and Ted Schlein, and one Class III director, Renee Budig, with each nominee receiving over 34 million votes in favor and substantial broker non-votes.
Stockholders also approved, on a non-binding advisory basis, the 2025 executive compensation program with 34,129,514 votes for and 11,226,027 against. They ratified Grant Thornton LLP as independent registered public accounting firm for the year ending December 31, 2026 with 80,912,997 votes for.
In addition, stockholders approved an amendment to the Restated Certificate of Incorporation authorizing a reverse stock split of outstanding common stock at a ratio between 1-for-4 and 1-for-15, with the decision to implement and select the ratio left to the Board of Directors in its sole discretion.