Chegg, Inc
CHEGG, INC is classified under Technology / Software and appears profitable on the latest normalized snapshot.
Business. Chegg, Inc. (NYSE: CHGG) is a technology company operating in the software and IT services sector, specifically within the application software industry. The firm generates revenue primarily through a subscription-based model. As segment and geographic breakdowns are not provided, the company is described at the industry level. Chegg is headquartered in the United States and is primarily listed on the New York Stock Exchange.
Analyst recommendations
2 analysts · consensus HoldAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Company
- EarningsQ2 2026 earnings (expected)2026-07-28 · estimated
- Peers
- EarningsQ2 2026 earnings (expected)2026-07-28 · estimated · ServiceNow (NOW)
- EarningsQ2 2026 earnings (expected)2026-08-28 · estimated · Salesforce (CRM)
- Macro
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-07-08 · AU
- Rate decisionBank of Canada rate decision (press conf.)2026-07-15 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-07-16 · EU
- Rate decisionBank of Japan rate decision (press conf.)2026-07-16 · JP
- Rate decisionFederal Reserve rate decision (press conf.)2026-07-29 · US
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Chegg, Inc. (NYSE: CHGG) is a technology company operating in the software and IT services sector, specifically within the application software industry. The firm generates revenue primarily through a subscription-based model. As segment and geographic breakdowns are not provided, the company is described at the industry level. Chegg is headquartered in the United States and is primarily listed on the New York Stock Exchange.
CHEGG, INC (CHGG) is currently classified as Application Software within Software (Technology). Classification confidence: 0.81 (rule-based classification). Capital structure on the latest snapshot: total assets 244,102,000 USD, total equity 121,143,000, short-term debt 0, long-term debt 0. Net cash position is approximately 65,914,000 USD. Self-calculated market cap is 155,300,050 USD (market_price × shares_outstanding_diluted). Profitability profile: revenue 63,262,000, gross profit 37,888,000, operating income -1,037,000, net income 228,000. Return on equity ~-85.4%. Return on assets ~-42.4%. Operating-cash-flow to net-income ratio is -0.15. Risk profile from automated assessment: liquidity risk medium, dilution risk medium. Flags: Current ratio is close to the minimum comfort range.; Source documents mention dilution or offering risk.. Recent news context: [TRIGGER] ha_price_listing: ha_price_listing fired on CHGG — basis={'bars_asof': '2026-06-26', 'basis_date': '2026-07-06', 'quote_as_of': '2026-07-06T21:29:01Z', 'basis_source': 'broker_quote', 'staleness_days': 0}; source=ha_price_level; ticker=CHGG; metrics={'bars_asof': '2026-06-26', 'ref_price': 0.98, 'basis_date': '2026-07-06', 'thresholds': {'min_bid': 1.0, 'low_price': 0.1, 'near_band': 1.1, 'deficiency_days': 30}, 'quote_as_of': '2026-07-06T21:29:01Z', 'basis_source': 'broker_quote', 'staleness_days': 0, 'consecutive_days_below_1': 0}; summary=CHGG price below 1 ($0.98) — US continued-listing minimum-bid threshold; detector=broker_read_plane; severity=high; company_id=fc2cd2a7-fa68-48e6-a8df-7c0ebd6816a4; transition={'to': 'below_1', 'from': 'near_1'}; watcher_kind=ha_price_listing; event_context=CHGG price below 1 ($0.98) — US continued-listing minimum-bid threshold; contributing_watchers=ha_price_listing (source=ha_price_level; url=plv:listing:below_1:2026-07-06). Additional context: ha_price_listing: basis={'bars_asof': '2026-06-26', 'basis_date': '2026-07-06', 'quote_as_of': '2026-07-06T21:29:01Z', 'basis_source': 'broker_quote', 'staleness_days': 0}; source=ha_price_level; ticker=CHGG; metrics={'bars_asof': '2026-06-26', 'ref_price': 0.98, 'basis_date': '2026-07-06', 'thresholds': {'min_bid': 1.0, 'low_price': 0.1, 'near_band': 1.1, 'deficiency_days': 30}, 'quote_as_of': '2026-07-06T21:29:01Z', 'basis_source': 'broker_quote', 'staleness_days': 0, 'consecutive_days_below_1': 0}; summary=CHGG price below 1 ($0.98) — US continued-listing minimum-bid threshold; detector=broker_read_plane; severity=high; company_id=fc2cd2a7-fa68-48e6-a8df-7c0ebd6816a4; transition={'to': 'below_1', 'from': 'near_1'}; watcher_kind=ha_price_listing; event_context=CHGG price below 1 ($0.98) — US continued-listing minimum-bid threshold; contributing_watchers=ha_price_listing. Comparable peers identified within the same class: Microsoft, Salesforce, ServiceNow.
- Return on equity is about -85.4%.
- Debt to equity is about 0.0x.
- [TRIGGER] ha_price_listing: ha_price_listing fired on CHGG — basis={'bars_asof': '2026-06-26', 'basis_date': '2026-07-06', 'quote_as_of': '2026-07-06T21:29:01Z', 'basis_source': 'broker_quote', 'staleness_days': 0}; source=ha_price_level; ticker=CHGG; metrics={'bars_asof': '2026-06-26', 'ref_price': 0.98, 'basis_date': '2026-07-06', 'thresholds': {'min_bid': 1.0, 'low_price': 0.1, 'near_band': 1.1, 'deficiency_days': 30}, 'quote_as_of': '2026-07-06T21:29:01Z', 'basis_source': 'broker_quote', 'staleness_days': 0, 'consecutive_days_below_1': 0}; summary=CHGG price below 1 ($0.98) — US continued-listing minimum-bid threshold; detector=broker_read_plane; severity=high; company_id=fc2cd2a7-fa68-48e6-a8df-7c0ebd6816a4; transition={'to': 'below_1', 'from': 'near_1'}; watcher_kind=ha_price_listing; event_context=CHGG price below 1 ($0.98) — US continued-listing minimum-bid threshold; contributing_watchers=ha_price_listing (source=ha_price_level; url=plv:listing:below_1:2026-07-06)
- Likely peers from the same classification include Microsoft, Salesforce, ServiceNow.
- Companyfacts coverage was partial; recent filing facts backfilled goodwill.
- CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except per share amounts) (unaudited) Three Months Ended March 31, 2026 2025 Net revenues $ 63,262 $ 121,387 Cost of revenues 25,374 53,973 Gross profit 37,888 67,414 Operating expenses: Research and development 9,139 29,428 Sales and marketing 10,606 25,614 General and administrative 19,180 39,374 Impairment expense — 2,000 Total operating expenses 38,925 96,416 Loss from operations ( 1,037 ) ( 29,002 ) Interest expense, net and other income, net: Interest expense, net ( 31 ) ( 467 ) Other income, net 1,156 12,997 Total interest expense, net and other income, net 1,125 12,530 Income (loss) before benefit from (provision for) income taxes 88 ( 16,472 ) Benefit from (provision for) income taxes 140 ( 1,012 ) Net income (loss) $ 228 $ ( 17,484 ) Net income (loss) per share Basic $ — $ ( 0.17 ) Diluted $ — $ ( 0.17 ) Weighted average shares used to compute net income (loss) per share Basic 111,726 105,159 Diluted 112,130 105,159 See Notes to Condensed Consolidated Financial Statements.
Bull / Bear case
Generated · model-assistedChegg maintains a zero debt-to-equity ratio, ranking above the software cohort median of 0.06.
Chegg generated $163.1 million in free cash flow during fiscal year 2023.
The company faces medium dilution risk and medium liquidity risk according to current risk flags.
Chegg's current ratio of 0.86 indicates potential short-term liquidity constraints as of late 2025.
In focus — financials by report
Revenue $63.3M; Operating income -$1.0M.
- ▍Revenue $63.3M
- ▍Operating income -$1.0M
- ▍Net margin 0.4%
Revenue $304.2M; Operating income -$82.6M.
- ▍Revenue $304.2M
- ▍Operating income -$82.6M
- ▍Net margin -23.2%
Revenue $226.5M; Operating income -$65.5M.
- ▍Revenue $226.5M
- ▍Operating income -$65.5M
- ▍Net margin -23.5%
Revenue $376.9M; Operating income -$116.9M.
- ▍Revenue $376.9M
- ▍Operating income -$116.9M
- ▍Net margin -27.4%
Revenue $617.6M; Operating income -$737.1M.
- ▍Revenue $617.6M
- ▍Operating income -$737.1M
- ▍Net margin -135.5%
Revenue $617.6M; Operating income -$737.1M.
- ▍Revenue $617.6M
- ▍Operating income -$737.1M
- ▍Net margin -135.5%
Revenue $716.3M; Operating income -$67.7M.
- ▍Revenue $716.3M
- ▍Operating income -$67.7M
- ▍Net margin 2.5%
Revenue $716.3M; Operating income -$67.7M.
- ▍Revenue $716.3M
- ▍Operating income -$67.7M
- ▍Net margin 2.5%
Valuation FY
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | -0,20 |
| Revenue | —no estimate | —no estimate | 222,2M USD |
| Operating income | —no estimate | —no estimate | -23,3M USD |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Current ratio is close to the minimum comfort range.
- Source documents mention dilution or offering risk.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Actions
Ask Handelsavisen
- Market data
- Regulatory filings
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Reference data
- Return On Assetsnet_income / total_assets
- Ev To Revenueenterprise_value / revenue
- Enterprise Valuemarket_cap - net_cash
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
- Price To Tangible Bookmarket_price / (tangible_book_value / shares_outstanding_diluted)
- CHEGG, INC company facts · 2026-07-07
- CHEGG, INC 10-Q 2026-05-11 · 2026-07-07
- CHEGG, INC 10-K 2026-03-09 · 2026-07-07
- CHEGG, INC 10-Q 2025-11-10 · 2026-07-07
- CHEGG, INC 10-Q 2025-08-08 · 2026-07-07
- ha_price_listing fired on CHGG · 2026-07-07
Ownership & reference
Top holders
- Investment Managers · as of 2024-06-300,00 %$30M
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$3M
- Investment Managers · as of 2024-12-310,00 %$1M
- Investment Managers · as of 2025-12-310,00 %$5M
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$0M
- Funds · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
- Brokerage Firms · as of 2026-03-310,00 %$0M
Leadership
- Nathan J. SchultzPresident, Chief Executive Officer, Director
Insider activity
- Director · Common StockOther 119 784 · 2026-06-16
- Director · Common StockOther 119 784 · 2026-06-16
- Director · Common StockOther 119 784 · 2026-06-16
- Director · Common StockOther 119 784 · 2026-06-16
- Director · Common StockOther 55 000 · 2026-06-12
- Director, PRESIDENT, CEO, EXEC CHAIRMAN · Common StockSold 1 956 @ $1,11$2K · 2026-06-12
- Director, PRESIDENT, CEO, EXEC CHAIRMAN · Common StockSold 6 337 @ $1,11$7K · 2026-06-12
- Director · Common StockOther 55 000 · 2026-06-12
- Director · Common StockOther 55 000 · 2026-06-12
- Director · Common StockOther 55 000 · 2026-06-12
- CFO & Treasurer · Common StockOther 63 600 @ $0,80$51K · 2026-04-12
- Director, PRESIDENT, CEO, EXEC CHAIRMAN · Common StockOther 7 004 @ $0,57$4K · 2026-03-12
- Director, PRESIDENT, CEO, EXEC CHAIRMAN · Common StockBought 100 000 @ $0,56$56K · 2026-02-13
- CFO & Treasurer · Common StockOther 1 815 @ $0,92$2K · 2026-01-12
- CFO & Treasurer · Common StockOther 262 923 @ $0,92$242K · 2026-01-12
- Director, EXECUTIVE CHAIRMAN · Common StockOther 6 337 @ $0,92$6K · 2025-12-12
- Director · Common StockOther 115 132 · 2025-11-17
- Director · Common StockOther 115 132 · 2025-11-17
- Director · Common StockOther 115 132 · 2025-11-17
- Director · Common StockOther 115 132 · 2025-11-17
- CFO & Treasurer · Common StockOther 500 000 · 2025-11-17
- Director, EXECUTIVE CHAIRMAN · Common StockOther 1 650 000 · 2025-11-17
- Director, EXECUTIVE CHAIRMAN · Common StockOther 3 850 000 · 2025-11-17
- CFO & Treasurer · Common StockOther 1 156 @ $1,28$1K · 2025-10-12
- CEO & PRESIDENT · Common StockOther 2 206 @ $1,54$3K · 2025-09-12
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): 88.1%Derived (calculated)
- Gross profit (YoY) (2025-12-31 vs 2024-12-31): -48.5%Derived (calculated)
- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): -38.0%Derived (calculated)
- Revenue (YoY) (2025-12-31 vs 2024-12-31): -39.0%Derived (calculated)
- R&D expense (YoY) (2025-12-31 vs 2024-12-31): -45.2%Derived (calculated)
- Total liabilities (YoY) (2025-12-31 vs 2024-12-31): -76.6%Derived (calculated)
- Operating income (YoY) (2025-12-31 vs 2024-12-31): 84.1%Derived (calculated)
- Net margin (FY 2025-12-31): -27.3%Derived (calculated)
- Gross margin (FY 2025-12-31): 59.6%Derived (calculated)
- Return on equity (FY 2025-12-31): -86.1%Derived (calculated)
- Return on assets (FY 2025-12-31): -37.0%Derived (calculated)
- Current ratio (FY 2025-12-31): 0.86xDerived (calculated)
- Debt-to-equity (FY 2025-12-31): 1.32xDerived (calculated)
- Capex (YoY) (2025-12-31 vs 2024-12-31): -62.5%Derived (calculated)
- Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): -87.6%Derived (calculated)
- Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): -80.7%Derived (calculated)
- Cost of revenue (YoY) (2025-12-31 vs 2024-12-31): -15.9%Derived (calculated)
- Total assets (YoY) (2025-12-31 vs 2024-12-31): -68.0%Derived (calculated)
- EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): 88.1%Derived (calculated)
- Net income (YoY) (2025-12-31 vs 2024-12-31): 87.7%Derived (calculated)
- Capex (annual): USD 28.12MSEC XBRL filing
- Shareholders' equity (annual): USD 119.62MSEC XBRL filing
- EPS (diluted) (annual): USD-PER-SHARES -1SEC XBRL filing
- Cost of revenue (annual): USD 152.15MSEC XBRL filing