---
schema_version: "secwatch.filing_event.v1"
accession: "0001364954-26-000045"
form_type: "8-K"
ticker: "CHGG"
cik: "0001364954"
company_name: "CHEGG, INC"
filed_at: "2026-05-06T23:59:59+00:00"
generated_at: "2026-05-14T22:34:34.075769+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Chegg Q1 revenue $63.3M (-48% YoY) but achieves GAAP net income; skilling +9%

## Summary
- Total net revenues $63.3M, down 48% YoY; GAAP net income of $0.2M, first positive in two years.
- Chegg Skilling revenues $17.6M, up 9% YoY; management expects double-digit skilling growth for full-year 2026.
- Adjusted EBITDA $15.5M; non-GAAP net income $3.5M; gross margin 60% (non-GAAP 62%).
- CEO says Q1 exceeded expectations for revenue, adjusted EBITDA, and free cash flow.

## SEC filing metadata
- accession: 0001364954-26-000045
- form_type: 8-K
- ticker: CHGG
- cik: 0001364954
- company_name: CHEGG, INC
- filed_at: 2026-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1364954/000136495426000045/0001364954-26-000045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1364954/000136495426000045/chgg-20260506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001364954-26-000045
- JSON: https://secwatch.observer/filing/0001364954-26-000045.json
- Plain text: https://secwatch.observer/filing/0001364954-26-000045.txt

## Source-grounded claims
- claim_id: c8c7a32ba3b8dd47ce97c476da33c17ef2879f48
  claim: CHEGG, INC reported quarter ended March 31, 2026 results: revenue $63.3 million, net income $0.2 million.
  evidence_excerpt: Total Net Revenues of $63.3 million, a decrease of 48% year-over-year
  evidence_url: https://www.sec.gov/Archives/edgar/data/1364954/000136495426000045/0001364954-26-000045-index.htm

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