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Chegg CHGG Academic Services — Change, Total net revenues

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Other financials

Income statement

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Revenue$63.3M-47.9%
Gross profit$37.9M-43.8%
Operating income-$1.0M+96.4%
Net income$228.0K+101%
EPS (diluted)$0.00+100%

Balance sheet

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Cash & equivalents$35.2M-25.3%
Total debt$17.9M-19.5%
Total equity$121.1M-34.8%
Total assets$244.1M-44.4%

Cash flow

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Operating cash flow$4.1M-83.3%
CapEx$1.0M-88.0%
Free cash flow$3.1M-80.7%

Valuation

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Market cap$113.08M-15.8%
Enterprise value$95.86M-18.1%
P/S0.4×+0.1×

Profitability

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Gross margin61.2%-5.4pp
Operating margin-27.9%-12.3pp
Net margin-26.9%-12.1pp
FCF margin7.9%-11.0pp

Returns & leverage

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Return on equity-55.9%-21.5pp
Debt / equity0.1×0.0×
Current ratio-0.2×

Where this comes from

Reported directly by Chegg in its filing.

Tagged under the XBRL concept chgg:RevenueFromContractWithCustomerExcludingAssessedTaxIncreaseDecrease.

The official record: Chegg’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Chegg's academic services — change, total net revenues?
Chegg (CHGG) reported academic services — change, total net revenues of -$59.57M in Q1 2026.
How has Chegg's academic services — change, total net revenues changed year-over-year?
Chegg's academic services — change, total net revenues decreased by 1.2% year-over-year, from -$58.84M to -$59.57M.
What does academic services — change, total net revenues mean?
This metric measures the absolute dollar increase or decrease in net revenues for the academic services segment compared to the prior reporting period. It highlights the magnitude of growth or contraction within the core educational business unit. Analyzing this change provides insight into the momentum of the segment's performance and the impact of strategic shifts or market conditions on revenue generation.