Chegg, Inc.

Chegg, Inc. reported a net loss of $103.4 million on net revenues of $376.9 million for fiscal year 2025. The company generated a gross profit of $224.8 million, resulting in a gross margin of 59.6%. However, total operating expenses of $341.6 million led to an operating loss of $116.9 million. The balance sheet shows total assets of $278.0 million, with total liabilities of $158.4 million and stockholders' equity of $119.6 million. Cash flow from operations was positive at $15.5 million, while investing activities provided $282.3 million primarily from sales and maturities of investments. Financing activities used $428.5 million mainly for repayment of convertible senior notes. The company ended the year with $31.1 million in cash and cash equivalents, plus $41.7 million in short-term investments.

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