Every 10-Q that CHEGG, INC. (CHGG) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow CHGG and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CHGG filings page.
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 reported sharply lower revenue but near-breakeven results for the quarter ended March 31, 2026. Net revenues fell 48% to $63.3 million, driven by a 57% drop in Academic Services to $45.7 million as web traffic and subscriptions declined amid wider adoption of generative AI and Google’s AI Overviews search experience.
Chegg Skilling was a relative bright spot, with revenue up 9% to $17.6 million as workforce skilling and language learning grew and reached 28% of total revenue. Aggressive cost cuts and multiple restructuring plans reduced operating expenses by 60%, lifting gross margin to 60% and moving results from a $17.5 million loss a year ago to modest net income of $0.2 million.
Liquidity remains meaningful but has declined. Cash, cash equivalents and investments totaled $67.9 million, down 20%, after Chegg used $19.5 million of cash to repurchase $20.0 million principal of its 0% convertible senior notes due 2026, leaving $33.9 million outstanding and classified as current.
Chegg, Inc. reported a sharp year-over-year decline in Q3 2025 results. Net revenues were $77.7 million, down 43% from $136.6 million a year ago, as Subscription Services fell to $69.1 million and Skills and Other to $8.6 million. Gross margin compressed to 59% from 68%. The company posted a net loss of $17.5 million versus a $212.6 million loss in Q3 2024.
For the nine months, revenue was $304.2 million (down 36%), with a net loss of $70.6 million compared to $830.9 million last year, reflecting the absence of prior-year impairment charges. Cash and cash equivalents were $38.2 million, with total assets of $378.3 million and stockholders’ equity of $146.1 million as of September 30, 2025. Chegg repaid $358.9 million of its 2025 notes and extinguished $65.2 million of its 2026 notes, recognizing a $7.4 million gain.
Management cited continued headwinds from Google’s AI Overviews and broader generative AI adoption reducing traffic and subscriptions. Chegg executed cost actions, recording $27.5 million of cumulative charges under a May 2025 plan and announcing an October 2025 restructuring expected to impact ~388 employees (about 45% of the workforce), with estimated charges of $15–$19 million.
Chegg reported total net revenues of $105.1 million for the quarter ended June 30, 2025, down 36% from $163.1 million a year earlier, driven by a 39% decline in Subscription Services to $89.7 million reflecting an approximately 40% drop in paid subscribers. Six-month revenue was $226.5 million, down 33% year-over-year.
Operating losses narrowed from the prior-year period that included a $481.5 million goodwill and asset impairment: Chegg recorded a net loss of $35.7 million for the quarter and $53.1 million for the six months, versus substantially larger losses in 2024. Cash, cash equivalents and investments fell to $114.1 million from $528.4 million, as the company repaid the 2025 notes and extinguished a portion of 2026 notes. Chegg recorded $19.1 million of May 2025 restructuring charges and expects an additional $11–13 million. The company is exploring strategic alternatives while recording legal settlements and related insurance recoveries.