Chegg Reports Q1 2026 Earnings with Revenue Growth and Improved Financials
Chegg (CHGG) reported Q1 2026 earnings with revenue contributions of $17.6 million from Chegg Skilling and $45.7 million from Academic Services. The company achieved a 9% year-over-year revenue growth in Skilling and recorded positive net income for the first time in two years. Chegg also reduced operating expenses by 55% and reported a net cash position of $34.1 million.
Tickers: $CHGG
Topics: Chegg earnings financial performance free cash flow operating expenses revenue