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Chegg CHGG Academic Services — Change, Total net revenues, percent

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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:RevenueFromContractWithCustomerExcludingAssessedTaxIncreaseDecreasePercent.

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, percent?
Chegg (CHGG) reported academic services — change, total net revenues, percent of -57% in Q1 2026.
How has Chegg's academic services — change, total net revenues, percent changed year-over-year?
Chegg's academic services — change, total net revenues, percent decreased by 430.2% year-over-year, from -10.8% to -57%.
What does academic services — change, total net revenues, percent mean?
This metric represents the year-over-year percentage growth or decline in net revenues for the academic services segment. It normalizes revenue performance to allow for a clear assessment of the segment's expansion rate regardless of the base size. This percentage change is a critical indicator for evaluating the segment's trajectory and competitive health within the broader educational technology market.