Chegg
Supports students with AI-powered academic help, language learning, and career-skills subscriptions.
Something off on this page? Send us feedback.
Profile
Subscription products offer AI-powered academic support through Chegg Study, language learning through Busuu, and workforce upskilling through Skills. A textbook-rental origin has given way to a digital learning business focused on students and career readiness.
An AI-powered model handles new Chegg Study questions while an archive retains expert answers. Busuu serves language learners, and Skills is a strategic focus for workforce upskilling.
Founded around affordable college-textbook rentals, the business moved into digital learning tools and student-support subscriptions. Its latest annual reporting separates Academic Services from Chegg Skilling, illustrating the company’s two-business direction. The portfolio combines academic services and skilling.
Busuu brings an international learner dimension, while the core strategy focuses on students and career readiness. Operations are shaped by generative-AI competition, Google litigation, and misuse of platform content.
Company facts
Key statistics
Year to date −14.0% · Average volume (30d) 1.2M
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating |
|---|---|---|---|---|
| Apr 8, 2025 | JP Morgan | Downgrade | Neutral | Underweight |
| Jan 14, 2025 | Morgan Stanley | Downgrade | Equal Weight | Underweight |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 6, 2026Q2 FY26 | −$0.05 | −$0.02 | +60.0% | $49.5M | $51.8M | +4.7% | −14.70% |
| May 6, 2026Q1 FY26 | −$0.03 | $0.03 | +200.0% | $61.0M | $63.3M | +3.8% | +10.34% |
| Feb 9, 2026Q4 FY25 | −$0.11 | −$0.01 | +90.9% | $71.0M | $72.7M | +2.3% | −10.27% |
| Nov 10, 2025Q3 FY25 | −$0.14 | −$0.05 | +64.3% | $71.0M | $77.7M | +9.5% | +28.08% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $121.4M | $105.1M | $77.7M | $72.7M | $63.3M | $51.8M | |
| Gross profit | $67.4M | $69.6M | $46.0M | $43.8M | $37.9M | $28.3M | |
| Operating income | −$29.0M | −$36.5M | −$17.1M | $19.3M | −$1.0M | −$3.2M | |
| Net income | −$17.5M | −$35.7M | −$17.5M | −$32.8M | $228.0K | −$3.0M | |
| Diluted EPS | −$0.17 | −$0.33 | −$0.16 | −$0.30 | $0.00 | −$0.03 | |
| Gross margin | 55.5% | 66.3% | 59.2% | 60.2% | 59.9% | 54.5% | |
| Operating margin | -23.9% | -34.7% | -22.0% | 26.5% | -1.6% | -6.1% |
Fiscal years (4-quarter sums)FY21 $776.3M · FY22 $766.9M · FY23 $716.3M · FY24 $617.6M · FY25 $376.9M
Revenue by product · FY24
Revenue by geography · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $72.3M · Total debt $50.7M · Total assets $227.6M · Shareholders' equity $118.6M
Dividends
No dividends on record.
Ownership
Shares outstanding 111.96M · Float 102.25M · 91.3% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Daniel Rosensweig · director, officer: PRESIDENT, CEO, EXEC CHAIRMAN | 7.63M | 6.82% | Form 4 | Jun 16, 2026 |
| Galloway Capital, LP | 6.09M | 5.44% | 13D | Apr 8, 2026 |
| Vanguard Capital Management LLC | 4.53M | 4.04% | 13F | May 15, 2026 |
| Acadian Asset Management LLC | 4.38M | 3.92% | 13F | May 13, 2026 |
| Charles Schwab Investment Management Inc | 4.16M | 3.71% | 13F | May 15, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 13, 2026 | Renee Varni Budig | director | −54,347 | $0.7755 |
| Jun 12, 2026 | Daniel Rosensweig | director, officer: PRESIDENT, CEO, EXEC CHAIRMAN | −8,293 | $1.11 |
| Feb 13, 2026 | Daniel Rosensweig | director, officer: PRESIDENT, CEO, EXEC CHAIRMAN | +100,000 | $0.5636 |
Peers
- Alphabet Class A
General-purpose AI assistance and search answers for learners
- Microsoft
General-purpose AI assistance accessible across devices
- Duolingo
Consumer language-learning subscriptions with AI-personalized lessons
- Meta
General-purpose AI assistance inside a consumer platform
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Chegg | $0.8500 | +0.83% | $94.5M | — | — | 0.4 | −50.7% |
| Alphabet Class A | $346.00 | −0.14% | $4.19T | 17.4 | 25.8 | 9.4 | +24.2% |
| Microsoft | $513.06 | −0.06% | $3.81T | 28.6 | 26.2 | 11.5 | +17.8% |
| Duolingo | $146.86 | −0.13% | $6.85B | 17.6 | 54.6 | 6.0 | +18.3% |
| Meta | $578.36 | +0.06% | $1.47T | 21.8 | 19.0 | 6.5 | +28.0% |
| Median | 19.7 | 26.0 | 7.9 | +21.3% |






