---
schema_version: "secwatch.filing_event.v1"
accession: "0001364954-23-000009"
form_type: "8-K"
ticker: "CHGG"
cik: "0001364954"
company_name: "CHEGG, INC"
filed_at: "2023-02-06T23:59:59+00:00"
generated_at: "2026-06-19T23:56:26.585384+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Chegg Q4 revenue down 1% to $205M; subscription subscribers up 8% to 5.0M

## Summary
- Q4 total net revenues $205.2M (-1% YoY); Subscription Services rev $177.5M (+4% YoY).
- Q4 net income $1.9M; non-GAAP net income $58.8M; adjusted EBITDA $74.0M.
- Full-year 2022 total net revenues $766.9M (-1% YoY); net income $266.6M.
- FY 2023 guidance: Q1 rev $185-188M, adj EBITDA $69-71M; FY rev $745-765M, adj EBITDA $295-310M.
- Chegg Services subscribers: 5.0M in Q4 (+8% YoY), 8.2M full year (+5% YoY).

## SEC filing metadata
- accession: 0001364954-23-000009
- form_type: 8-K
- ticker: CHGG
- cik: 0001364954
- company_name: CHEGG, INC
- filed_at: 2023-02-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1364954/000136495423000009/0001364954-23-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1364954/000136495423000009/chgg-20230206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001364954-23-000009
- JSON: https://secwatch.observer/filing/0001364954-23-000009.json
- Plain text: https://secwatch.observer/filing/0001364954-23-000009.txt

## Key facts
- Earnings Releases
  CHEGG, INC reported the twelve months ended December 31, 2022 results: revenue $766.9 million, net income $266.6 million.
  - Period: the twelve months ended December 31, 2022
  - Revenue: $766.9 million
  - Net income: $266.6 million
  - Result: reported results
  source text: Full Year 2022 Highlights: • Total Net Revenues of $766.9 million, a decrease of 1% year-over-year • Subscription Services Revenues grew 9% year-over-year to $672.0 million, or 88% of total net revenues, compared to 79% in 2021. • Chegg Services Revenues was $733.9 million • Net Income was $266.6 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1364954/000136495423000009/0001364954-23-000009-index.htm
- Earnings Releases
  CHEGG, INC reported the three months ended December 31, 2022 results: revenue $205.2 million, net income $1.9 million.
  - Period: the three months ended December 31, 2022
  - Revenue: $205.2 million
  - Net income: $1.9 million
  - Result: reported results
  source text: Q4 2022 Highlights: • Total Net Revenues of $205.2 million, a decrease of 1% year-over-year • Subscription Services Revenues grew 4% year-over-year to $177.5 million, or 87% of total net revenues, compared to 82% in Q4 2021 • Chegg Services Revenues was $200.7 million • Net Income was $1.9 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1364954/000136495423000009/0001364954-23-000009-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.