CHGG
Chegg, Inc.0.9200
+0.0392+4.45%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Skilling accelerates on partners, curriculum
Q&A spotlighted skilling growth accelerating through more distribution partners and curriculum expansion, off to a faster-than-expected start. Legacy academic services retention proved stronger than anticipated 40% into the quarter, bolstering early price test results and cash flow hopes. Management framed the Coursera-Udemy merger as a partnership play rather than competition, touting superior content completion and renewal rates. AI demand is broadening beyond frontline workers to all employees, amplified by Wolfe's degree-credit pathways. Answers directly tackled analyst queries on drivers and rivalry. Skilling momentum builds briskly. Investors will track new partners and legacy pricing evolution.
Key Stats
Market Cap
100.53MP/E (TTM)
-Basic EPS (TTM)
-0.68Dividend Yield
0%Recent Filings
10-K
FY2025 results
Chegg's FY2025 revenues plunged 39% y/y to $377M, with Academic Services cratering 43% on AI-driven traffic erosion while Skilling dipped 7% amid workforce slowdowns. Q4 momentum stayed grim as Google AIO and generative AI sapped subscribers, though aggressive cost cuts slashed op-ex 71% and restructuring delivered $52M charges for ~56% headcount trim. Gross margins slipped to 60% yet cash burn eased with $15M op cash flow; debt slashed to $54M via repurchases. $85M liquidity holds through 2026 maturity. Restructuring drags quarterly momentum.
8-K
Chegg repurchases 2026 Notes
Chegg repurchased $20.0 million principal of its 0% Convertible Senior Notes due 2026 for $19.4 million cash via private deal on February 13, tying into its securities buyback program. Closing set for February 20, subject to conditions, leaving $33.9 million outstanding and $122.4 million available under the program. Notes remain cheap to retire.
8-K
Chegg Q4 revenues crash 49%
8-K
Chegg repurchases notes at discount
Chegg repurchased $8.9 million principal of its 0% Convertible Senior Notes due 2026 for $8.3 million cash via private deals on December 23, 2025, closing December 30. This trims outstanding notes to $53.9 million while leaving $141.8 million for further buybacks. Notes repurchased at discount. Forward-looking close subject to market risks.
8-K
NYSE low-price noncompliance notice
Chegg received NYSE notice on December 12, 2025, for failing Section 802.01C as its common stock averaged below $1.00 over 30 trading days ending December 11. Trading continues during the six-month cure period; Chegg plans to monitor prices and may pursue a reverse stock split if needed. Failure risks delisting procedures.
IPO
Website
Employees
Sector
Industry
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