CHEGG, INC
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $376.9M | $617.6M | $716.3M | $766.9M | $776.3M |
| Cost of revenue | $152.2M | $180.9M | $225.9M | $197.4M | $254.9M |
| Gross profit | $224.8M | $436.6M | $490.4M | $569.5M | $521.4M |
| Research and development | $93.5M | $170.4M | $191.7M | $196.6M | $178.8M |
| Operating expenses | $341.6M | $1.2B | $558.1M | $560.5M | $443.3M |
| Operating income | -$116.9M | -$737.1M | -$67.7M | $9.0M | $78.1M |
| Interest expense | $590,000 | $2.6M | $3.8M | $6.0M | — |
| Pretax income | -$100.1M | -$688.4M | $50.3M | $103.9M | $5.7M |
| Income tax expense | $3.3M | $148.7M | $32.1M | -$162.7M | $7.2M |
| Net income | -$103.4M | -$837.1M | $18.2M | $266.6M | -$1.5M |
| Balance Sheet | |||||
| Cash and equivalents | $31.1M | $161.5M | $135.8M | $473.7M | $854.1M |
| Current assets | $121.6M | $437.6M | $414.8M | $1.1B | $1.6B |
| Total assets | $278.0M | $869.0M | $1.7B | $2.5B | $2.9B |
| Current liabilities | $140.9M | $528.3M | $518.5M | $138.9M | $114.3M |
| Total liabilities | $158.4M | $676.0M | $782.6M | $1.3B | $1.8B |
| Stockholders' equity | $119.6M | $193.0M | $944.6M | $1.1B | $1.1B |
| Cash Flow Statement | |||||
| Cash from operations | $15.5M | $125.2M | $246.2M | $255.7M | $273.2M |
| Depreciation and amortization | — | — | $105.3M | $64.1M | $49.6M |
| Stock-based compensation | $31.9M | $84.6M | $133.5M | $133.5M | $108.8M |
| Capital expenditure | $28.1M | $75.0M | $83.1M | $103.1M | $94.2M |
| Free cash flow | -$12.6M | $50.3M | $163.1M | $152.6M | $179.0M |
| Share repurchases | $0 | $2.6M | $334.8M | $323.5M | $300.0M |
| Impairments | $2.0M | $677.2M | $3.6M | $0 | $0 |
Shares outstanding 112.0M · Free float 76.9%
Annual filing data through FY ended December 31, 2025; float as of July 13, 2026.