NYSE$CHGG
Chegg Inc · Q2 2025 earnings
Q2 2025 earnings · · After market close · Investor relations
Briefing
Chegg Inc reported a net loss of $35.7 million on revenues of $105.1 million for the second quarter of 2025.
Chegg's Q2 2025 results showed continued revenue decline driven by lower paid subscribers amid increased competition from generative AI tools. Gross profit fell to $69.6 million with operating expenses reduced through restructuring but still resulting in a significant operating loss. The company maintained a strong cash position after repaying convertible notes.
- Subscription Services revenue declined 39% year-over-year to $89.7 million due to a 40% drop in paid subscribers.
- Net loss narrowed to $35.7 million from $616.9 million in Q2 2024, primarily due to the absence of a $481.5 million goodwill impairment.
- Cash and cash equivalents stood at $36.8 million after repaying $416.5 million in convertible senior notes.
- US revenues accounted for 86% of total net revenues at $90.1 million.
Headline financials
Revenue & EPS history
Chegg · Revenue · Quarterly
$105M
Revenue by segment
Chegg · $105M total across 2 segments · Q2 2025
- Subscription Services$89.7M—85.4%
- Skills and Other$15.4M—14.6%
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 18 quarterly earnings reports
-0.7%
Avg return
Earnings day
-0.9%
Avg return
5 days after
+1.6%
Avg return
30 days after
56%
29 / 52 earnings
Positive
+36.7%
Q1 2020
Best reaction
-49.5%
Q1 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2025 | — | — | — | |
| Q1 2026 | -13.5% | -12.1% | -5.2% | |
| Q4 2025 | -10.7% | -25.3% | -24.0% | |
| Q3 2025 | +27.8% | +22.5% | +9.0% | |
| Q1 2025 | +6.7% | +30.4% | +127.5% | |
| Q4 2024 | -31.4% | -30.1% | -53.2% | |
| Q3 2024 | -15.1% | -7.5% | +20.4% | |
| Q2 2024 | -24.0% | -30.0% | -30.7% | |
| Q1 2024 | -27.2% | -26.2% | -48.3% | |
| Q4 2023 | -8.8% | -8.8% | -16.9% | |
| Q3 2023 | -11.2% | -1.5% | +20.3% | |
| Q2 2023 | -0.3% | -3.2% | -2.6% | |
| Q1 2023 | -49.5% | -43.6% | -50.1% | |
| Q4 2022 | -18.3% | -20.6% | -22.4% | |
| Q3 2022 | +19.4% | +20.0% | +37.2% | |
| Q2 2022 | +6.5% | -2.7% | -6.8% | |
| Q1 2022 | -29.6% | -24.6% | -24.3% | |
| Q4 2021 | +20.2% | +16.8% | +17.5% | |
| Q3 2021 | -46.0% | -48.5% | -53.8% | |
| Q2 2021 | +1.3% | -0.8% | -4.8% | |
| Q1 2021 | -7.9% | -5.7% | -15.5% | |
| Q4 2020 | +0.2% | +11.1% | -17.6% | |
| Q3 2020 | -11.1% | -15.4% | -16.4% | |
| Q2 2020 | +5.2% | +7.4% | -3.7% | |
| Q1 2020 | +36.7% | +49.0% | +44.9% | |
| Q4 2019 | -4.2% | -6.2% | -14.0% | |
| Q3 2019 | +9.1% | +10.7% | +24.5% | |
| Q2 2019 | +5.3% | +2.9% | -7.6% | |
| Q1 2019 | -11.1% | -6.9% | -9.9% | |
| Q4 2018 | +8.9% | +9.8% | +18.3% | |
| Q3 2018 | +10.6% | +12.3% | +14.3% | |
| Q2 2018 | +1.5% | -0.6% | +15.7% | |
| Q1 2018 | +2.4% | -0.0% | +21.6% | |
| Q4 2017 | +20.2% | +22.8% | +37.3% | |
| Q3 2017 | -5.9% | -10.6% | -9.6% | |
| Q2 2017 | +7.2% | -0.6% | +3.2% | |
| Q1 2017 | +30.9% | +27.5% | +33.2% | |
| Q4 2016 | +11.3% | +11.8% | +11.3% | |
| Q3 2016 | +1.9% | +18.7% | +19.5% | |
| Q2 2016 | +14.1% | +22.4% | +24.9% | |
| Q1 2016 | +0.0% | — | — | |
| Q4 2015 | -33.3% | — | — | |
| Q3 2015 | +13.5% | — | — | |
| Q2 2015 | +2.9% | — | — | |
| Q1 2015 | +17.9% | — | — | |
| Q4 2014 | +33.5% | — | — | |
| Q3 2013 | +2.7% | — | — | |
| Q3 2014 | -5.0% | — | — | |
| Q2 2013 | -0.4% | — | — | |
| Q2 2014 | +10.2% | — | — | |
| Q1 2013 | +4.4% | — | — | |
| Q1 2014 | +10.4% | — | — | |
| Q4 2013 | -17.4% | — | — | |
| Q4 2012 | — | — | — | |
| Q3 2012 | — | — | — |
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