Chegg Inc. reported fourth quarter (Q4) 2025 total net revenues of USD 72.7 million, reflecting a 49% decrease year-over-year. For the full year 2025, the company highlighted its strategic reorganization into two focused businesses: Chegg Skilling, positioned as its growth engine targeting the USD 40 billion skilling market, and its legacy Academic Services, which continues to generate free cash flow. Chegg forecasts Q1 2026 total net revenues in the range of USD 60 million to USD 62 million, with gross margin expected between 57% and 58% and adjusted EBITDA projected between USD 11 million and USD 12 million. The company emphasized its commitment to end 2026 debt-free with a substantial cash balance. Chegg continues to offer AI-driven, personalized learning support while expanding its offerings in workplace readiness, professional upskilling, and language learning.

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