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Chegg CHGG Academic Services — Net revenues

Other product segments

Chegg Skilling
$17.58M

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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 us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

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 — net revenues?
Chegg (CHGG) reported academic services — net revenues of $45.68M in Q1 2026.
How has Chegg's academic services — net revenues changed year-over-year?
Chegg's academic services — net revenues decreased by 56.6% year-over-year, from $105.25M to $45.68M.
What does academic services — net revenues mean?
This metric represents the total gross revenue generated specifically from the academic services segment, which includes subscription-based educational support tools and learning resources. It serves as a primary indicator of the segment's market demand and the company's ability to monetize its core educational platform offerings. Tracking this revenue stream helps investors assess the scale and financial contribution of the company's primary educational product lines.