Online education and professional skills training firm Chegg has announced that it will release its second-quarter financial results for the period ending June 30 before the market opens on August 6, 2026. A conference call to discuss the results is scheduled for 5:30 a.m. Pacific Time on the same day.

The upcoming report comes at a pivotal time in the company's business transformation. Chegg is shifting its focus from traditional academic services towards professional skills training. In the first quarter, the company achieved total revenue of approximately $63.3 million, surpassing market expectations. Revenue from its Skilling business reached $17.6 million, marking a 9% year-over-year increase. The quarter also saw Chegg return to GAAP net profitability for the first time in two years, with adjusted EBITDA of $15.5 million and a margin of 24%.

For the upcoming second quarter, the company's previously issued guidance projects total net revenue between $49 million and $50 million, with Skilling revenue anticipated to be in the range of $17.5 million to $18 million. Gross margin is forecasted at 51% to 52%, with adjusted EBITDA expected between $5 million and $6 million. This guidance fell below the analyst consensus estimate of $59.8 million, contributing to a single-day stock price decline of 12.67% on May 29.

Chegg has recently secured several new enterprise and channel partnerships, including deals with Cornerstone and Wolf. These collaborations are expected to commence in the second quarter and continue expanding. Management has previously indicated that the Skilling business is on track to achieve double-digit growth for the full year, with potential for further acceleration in the second half. Investors will be closely monitoring the second-quarter results for tangible progress on these new partnerships and the overall transformation strategy.