Chegg Q2 2025 revenue down 36% YoY to $105.1M; net loss $35.7M

CHEGG, INC

2025-Q2 EPS reported -$0.50 revenue$226,507,000

Total net revenues fell 36% YoY to $105.1M; subscription services revenue down 39% to $89.7M.
Subscription Services subscribers decreased 40% YoY to 2.6 million.
Net loss of $35.7M; Adjusted EBITDA $23.1M; Non-GAAP net income $10.8M.
CEO Nathan Schultz: strategic review ongoing; AI implementation to transform Chegg Study.
Skills and Busuu identified as future growth engines.

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