Chegg Inc. reported third quarter 2025 total net revenues of $77.7 million, representing a 43% decrease year-over-year. The company posted a gross margin of 59% and a non-GAAP gross margin of 62%. Net loss for the quarter was $17.5 million, while non-GAAP net income was $0.4 million. Adjusted EBITDA was $13.3 million. For the fourth quarter of 2025, Chegg expects total net revenues between $70 million and $72 million, gross margin between 57% and 58%, and adjusted EBITDA in the range of $10 million to $11 million. Full year 2025 guidance includes Chegg Skilling revenues of approximately $70 million and capital expenditures of about $27 million. Chegg has restructured its business to focus on the skilling market, with its Chegg Skilling business showing double-digit growth and benefiting from AI-driven demand.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Chegg Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251107635651) on November 10, 2025, and is solely responsible for the information contained therein.
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