Chegg

CHGG
0.57522.01% ( -0.0118 )
Closed: Nov 13, 16:00:00 (EDT)

Financials

Q3 FY2026 EarningsQ3 FY2026 results significantly exceeded consensus estimates despite a 40% YoY revenue decline. Net revenues reached $46.5M vs. $43.5M expected, and GAAP gross margin outperformed at 52.0% against the 48.5% forecast. A massive reduction in operating expenses (down 36% YoY) led to a smaller-than-expected GAAP net loss of $4.7M (EPS -$0.04 vs. -$0.11 expected). However, Q4 FY2026 revenue guidance of $38M-$40M remains soft, reflecting the ongoing transition from a legacy homework help model to an AI-driven employability platform.

Financial report interval: 2026.06.30 - 2026.09.30

Overview: Chegg(CHGG) the Revenue is 46.47 M (-40.23%), Beat estimate;the EBIT is -6.013 M (-507.4%), Beat estimate;the EPS is -0.04 (+75%), Beat estimate.

Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
0.05B40.23%
0.04B44.03%
+0.00B3.80%
EBITExceed expectations
-0.01B507.37%
-0.01B913.23%
+0.00B405.86%
EPSExceed expectations
-0.0475.00%
-0.1131.25%
+0.070043.75%

Upcoming earnings report - FY2026 Annual Earning Release

Available dateFeb 1, 2027
Estimate Revenue200.61 M
Estimate EBIT-16.11 M
Estimate EPS-0.18

Revenue

ActualEstimateUnit: USD
Quarterly

EBIT

ActualEstimateUnit: USD
Quarterly

Net income

ActualEstimateUnit: USD
Quarterly

EPS

ActualEstimateUnit: USD
Quarterly