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CHEGG, INC

For the period ended Dec 31, 2025. Filed Mar 9, 2026.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Mar 9, 2026

CHGG$0.61-0.9%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Operations

(in thousands, except per share amounts)

Years Ended December 31,
202520242023
Net revenues$376,908$617,574$716,295
Cost of revenues152,151180,927225,941
Gross profit224,757436,647490,354
Operating expenses:
Research and development93,453170,431191,705
Sales and marketing68,754108,329126,591
General and administrative177,406217,756236,183
Impairment expense2,000677,2393,600
Total operating expenses341,6131,173,755558,079
Loss from operations(116,856)(737,108)(67,725)
Interest expense, net and other income, net
Interest expense, net(590)(2,590)(3,773)
Other income, net17,30451,332121,810
Total interest expense, net and other income, net16,71448,742118,037
(Loss) income before provision for income taxes(100,142)(688,366)50,312
Provision for income taxes(3,279)(148,702)(32,132)
Net (loss) income$(103,421)$(837,068)$18,180
Net (loss) income per share
Basic$(0.96)$(8.10)$0.16
Diluted$(0.96)$(8.10)$(0.34)
Weighted average shares used to compute net (loss) income per share
Basic107,484103,300116,504
Diluted107,484103,300128,569
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.