Chegg, Inc income statement

In fiscal 2025, Chegg, Inc reported revenue of $377m, down 39.0% on the year before, operating income of −$117m (a -31.0% margin) and net income of −$103m, or −$0.96 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Chegg, Inc: income statement, annual
Fiscal year	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMSept 2026
Revenue	213	256	305	301	254	255	321	411	644	776	767	716	618	377	234
Cost of revenue	146	175	211	190	120	80	80	92	205	255	197	226	181	152	102
Gross profit	68	81	94	112	134	175	241	319	439	521	570	490	437	225	132
Research and development	39	42	49	59	66	82	114	140	171	179	197	192	170	93	41
Selling and marketing	51	50	72	64	54	51	55	64	82	105	148	127	108	69	43
General and administrative	25	40	42	45	55	64	78	98	129	159	216	236	218	177	91
Operating income	−45	−51	−65	−58	−40	−19	−6	18	57	78	9	−68	−737	−117	−44
Interest expense	4	4	0	—	—	—	—	—	—	—	6	4	3	1	0
Net interest income	—	−4	−0	−0	−0	−0	−11	−45	−66	−7	−6	−4	—	—	—
Income before tax	−49	−55	−65	−58	−41	−18	−13	−7	−1	6	104	50	−688	−100	−40
Income tax	0	1	0	1	2	2	1	3	5	7	−163	32	149	3	−0
Net income	−49	−56	−65	−59	−42	−20	−15	−10	−6	−1	267	18	−837	−103	−40
Diluted EPS	−$1.10	−$1.90	−$0.78	−$0.68	−$0.47	−$0.20	−$0.13	−$0.08	−$0.05	−$0.01	$1.34	−$0.34	−$8.10	−$0.96	−$0.36
Diluted shares (average)	45m	84m	83m	87m	91m	100m	113m	119m	125m	141m	150m	129m	103m	107m	111m
EBITDA	−41	−45	−59	−51	−30	−5	11	42	89	128	73	38	—	—	—

US$ millions unless shown otherwise. Fiscal quarters.

Chegg, Inc: income statement, quarterly
Quarter	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026	2026 Q3Sept 2026
Revenue	143	121	105	78	73	63	52	46
Cost of revenue	46	54	35	32	31	25	24	22
Gross profit	98	67	70	46	42	38	28	24
Research and development	41	29	29	18	17	9	7	8
Selling and marketing	28	26	17	12	14	11	9	9
General and administrative	56	39	60	33	45	19	15	12
Operating income	−27	−29	−36	−17	−34	−1	−3	−5
Interest expense	1	0	0	0	0	0	0	0
Income before tax	−2	−16	−34	−16	−33	0	−3	−4
Income tax	4	1	1	2	−1	−0	0	0
Net income	−6	−17	−36	−17	−33	0	−3	−5
Diluted EPS	−$0.02	−$0.17	−$0.33	−$0.16	−$0.30	$0.00	−$0.03	—

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Chegg, Inc's SEC filings (10-K and 10-Q), retrieved November 3, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Chegg, Inc.