secwatch.observer — SEC 8-K summary
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Issuer:     CHEGG, INC (CHGG)
CIK:        0001364954
Form:       8-K
Filed at:   2025-08-05T23:59:59+00:00
Accession:  0001364954-25-000090
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1364954/000136495425000090/0001364954-25-000090-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1364954/000136495425000090/chgg-20250805.htm
  HTML page:      https://secwatch.observer/filing/0001364954-25-000090

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer