---
title: "Chegg | 8-K: FY2026 Q3 Revenue: USD 46.47 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/304119237.md"
datetime: "2026-11-03T13:13:48.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/304119237.md)
  - [en](https://longbridge.com/en/news/304119237.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/304119237.md)
generator: "portal-rs"
---

# Chegg | 8-K: FY2026 Q3 Revenue: USD 46.47 M

Revenue: As of FY2026 Q3, the actual value is USD 46.47 M, compared to the market estimate of USD 43.52 M.

EPS: As of FY2026 Q3, the actual value is USD -0.04.

EBIT: As of FY2026 Q3, the actual value is USD -4.398 M.

### Financial and Operational Highlights for Q3 2026

#### Revenue

Chegg, Inc. reported Total Net Revenues of $46.5 million for the third quarter of 2026, which represents a decrease of 40% year-over-year. 

#### Profitability

The GAAP Gross Margin was 52%, while the Non-GAAP Gross Margin was 54%. The company reported a Net Loss of - $4.7 million and a Non-GAAP Net Loss of - $5.7 million. Loss from operations was - $5.102 million, and Non-GAAP loss from operations was - $6.013 million. Adjusted EBITDA for the quarter was $5.4 million, representing a margin of 12%. 

#### Operating Costs

Non-GAAP operating expenses were $31.2 million, which was down 36% year-over-year. 

#### Cash Flow and Capital Expenditures

Free cash flow in the third quarter was $5.5 million. For the nine months ended September 30, 2026, free cash flow was $14.965 million. Net cash provided by operating activities for the nine months ended September 30, 2026, was $21.376 million. Third-quarter Capital Expenditure (CapEx) was $1.7 million, marking a decrease of 71% year-over-year. 

#### Balance Sheet

Chegg, Inc. ended the third quarter of 2026 with $43.6 million in cash and investments and had fully repaid its remaining convertible debt. 

### Business Outlook for Fourth Quarter 2026

For the fourth quarter of 2026, Chegg, Inc. anticipates Total Net Revenues between $38 million and $40 million, with a Gross Margin of 46% to 48% and Adjusted EBITDA of approximately $1 million. The company’s capital allocation strategy, following debt repayment, prioritizes generating free cash flow and maintaining a strong balance sheet. This approach aims to thoughtfully deploy capital to create long-term shareholder value.

### Related Stocks

- [CHGG.US](https://longbridge.com/en/quote/CHGG.US.md)

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**