Chegg Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	376.91	617.57	716.3	766.9	776.27
Revenue Growth (YoY)	-38.97%	-13.78%	-6.60%	-1.21%	20.47%
Cost of Revenue	152.15	180.93	225.94	197.4	254.9
Gross Profit	224.76	436.65	490.35	569.5	521.36
Selling, General & Admin	246.16	326.09	362.77	363.91	264.43
Research & Development	93.45	170.43	191.71	196.64	178.82
Other Operating Expenses	2	677.24	3.6	-	-
Total Operating Expenses	341.61	1,174	558.08	560.54	443.25
Operating Income	-116.86	-737.11	-67.73	8.96	78.11
Interest Expense	-0.59	-2.59	-3.77	-6.04	-6.9
Other Non-Operating Income (Expense)	17.3	51.33	121.81	101.03	-65.47
Total Non-Operating Income (Expense)	16.71	48.74	118.04	94.99	-72.37
Pretax Income	-100.14	-688.37	50.31	103.95	5.74
Provision for Income Taxes	-3.28	-148.7	-32.13	-162.69	7.2
Net Income	-103.42	-837.07	18.18	266.64	-1.46
Net Income to Common	-103.42	-837.07	18.18	266.64	-1.46
Net Income Growth	-	-	-93.18%	-	-
Shares Outstanding (Basic)	107	103	117	128	141
Shares Outstanding (Diluted)	107	103	129	150	141
Shares Change (YoY)	4.05%	-19.65%	-14.21%	6.09%	12.68%
EPS (Basic)	-0.96	-8.10	0.16	2.09	-0.01
EPS (Diluted)	-0.96	-8.10	-0.34	1.34	-0.01
Shares Outstanding	110.99	104.88	102.82	126.47	136.95
Free Cash Flow	-12.63	50.25	163.15	152.64	179.04
Free Cash Flow Growth	-	-69.20%	6.88%	-14.74%	15.42%
Free Cash Flow Per Share	-0.12	0.49	1.27	1.02	1.27
Gross Margin	59.63%	70.70%	68.46%	74.26%	67.16%
Operating Margin	-31.00%	-119.36%	-9.45%	1.17%	10.06%
Profit Margin	-27.44%	-135.54%	2.54%	34.77%	-0.19%
FCF Margin	-3.35%	8.14%	22.78%	19.90%	23.06%
EBITDA	-38.22	-658.76	61.99	100.56	152.24
EBITDA Margin	-10.14%	-106.67%	8.65%	13.11%	19.61%
EBIT	-116.86	-737.11	-67.73	8.96	78.11
EBIT Margin	-31.00%	-119.36%	-9.45%	1.17%	10.06%
Effective Tax Rate	3.27%	21.60%	-63.87%	-156.52%	125.41%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

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