CHEGG, INCCHGGEarnings & Financial Report
Chegg, Inc., is an American educational technology company based in Santa Clara, California. It provides homework help, digital and physical textbook rentals, textbooks, online tutoring, and other student services, powered by artificial intelligence. The company has 6.6 million subscribers. Chegg has been widely criticized for facilitating cheating and academic dishonesty among students.
CHGG Q3 2025 Key Financial Metrics
Revenue
$77.7M
Gross Profit
$46.0M
Operating Profit
$-17.1M
Net Profit
$-17.5M
Gross Margin
59.2%
Operating Margin
-22.0%
Net Margin
-22.5%
YoY Growth
-43.1%
EPS
$-0.16
Financial Flow
CHEGG, INC Q3 2025 Financial Summary
CHEGG, INC reported revenue of $77.7M for Q3 2025, with a net profit of $-17.5M (-22.5% margin). Cost of goods sold was $31.7M, operating expenses totaled $63.2M.
Key Financial Metrics
| Total Revenue | $77.7M |
|---|---|
| Net Profit | $-17.5M |
| Gross Margin | 59.2% |
| Operating Margin | -22.0% |
| Report Period | Q3 2025 |
CHEGG, INC Annual Revenue by Year
CHEGG, INC annual revenue history includes year-by-year totals (for example, 2024 revenue was $617.6M).
| Year | Annual Revenue |
|---|---|
| 2024 | $617.6M |
| 2023 | $716.3M |
| 2022 | $766.9M |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $188.0M | $174.3M | $163.1M | $136.6M | $143.5M | $121.4M | $105.1M | $77.7M |
| YoY Growth | -8.4% | -7.1% | -10.8% | -13.5% | -23.7% | -30.4% | -35.6% | -43.1% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.73B | $1.73B | $1.11B | $1.00B | $869.0M | $438.8M | $404.5M | $378.3M |
| Liabilities | $782.6M | $769.2M | $748.8M | $817.7M | $676.0M | $253.1M | $246.6M | $232.2M |
| Equity | $944.6M | $963.5M | $365.5M | $185.0M | $193.0M | $185.7M | $157.9M | $146.1M |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $77.5M | $53.3M | $14.2M | $39.5M | $18.1M | $24.5M | $-4.8M | $4.8M |
