earnings
confidence high
sentiment negative
materiality 0.65
Chegg Q3 revenue $77.7M (-43% YoY); net loss $17.5M; adjusted EBITDA $13.3M
CHEGG, INC
2025-Q3 EPS reported
-$0.66
revenue$304,249,000
- Total net revenues of $77.7M, down 43% year-over-year; gross margin 59%.
- Net loss of $17.5M; non-GAAP net income of $0.4M.
- Adjusted EBITDA of $13.3M, exceeding guidance; company cites AI tailwinds for Skilling business.
- Shift to B2B skilling focus, targeting a $40B+ market; streamlined structure and balance sheet.
- CEO Dan Rosensweig notes decisive actions to position Chegg for long-term value.