---
schema_version: "secwatch.filing_event.v1"
accession: "0001364954-25-000011"
form_type: "8-K"
ticker: "CHGG"
cik: "0001364954"
company_name: "CHEGG, INC"
filed_at: "2025-02-24T23:59:59+00:00"
generated_at: "2026-05-26T05:38:30.901894+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Chegg Q4 revenue down 24% YoY; strategic review, lawsuit against Google

## Summary
- Q4 net revenues $143.5M (-24% YoY); FY2024 $617.6M (-14%); GAAP net loss $6.1M Q4, $837.1M FY2024.
- Subscription Services subscribers fell 21% YoY in Q4 to 3.6M; FY2024 down 14% to 6.6M.
- Board initiates strategic review to explore alternatives; no timeline or outcome guaranteed.
- Filed complaint against Google and Alphabet for unjustly retaining traffic historically coming to Chegg.
- CEO Nathan Schultz calls 2025 a turning point; product remains focused on verticalized, personalized education.

## SEC filing metadata
- accession: 0001364954-25-000011
- form_type: 8-K
- ticker: CHGG
- cik: 0001364954
- company_name: CHEGG, INC
- filed_at: 2025-02-24T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1364954/000136495425000011/0001364954-25-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1364954/000136495425000011/chgg-20250224.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001364954-25-000011
- JSON: https://secwatch.observer/filing/0001364954-25-000011.json
- Plain text: https://secwatch.observer/filing/0001364954-25-000011.txt

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