{"url_path":"/sec/chgg/10-q/2026/cover-page","section_key":"cover-page","section_title":"Cover Page","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-11","source_url":"https://www.sec.gov/Archives/edgar/data/1364954/0001364954-26-000048-index.html","accession_number":"0001364954-26-000048","cik":"0001364954","ticker":"CHGG","issuer_name":"CHEGG, INC","edgar_url":"https://www.sec.gov/Archives/edgar/data/1364954/0001364954-26-000048-index.html","primary_entity_key":"0001364954","primary_entity_name":"CHEGG, INC"},"word_count":1102,"has_tables":true,"body_markdown":"chgg-20260331\n0001364954--12-312026Q1FALSEAccelerated 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STATES\n\nSECURITIES AND EXCHANGE COMMISSION\n\nWashington, D.C. 20549\n\nFORM 10-Q\n\n(Mark One)\n\n☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934\n\nFor the quarterly period ended March 31, 2026\n\nor\n\n☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934\n\nFor the transition period from _________ to _________             \n\nCommission file number 001-36180\n\nCHEGG, INC.\n\n(Exact name of registrant as specified in its charter)\n\nDelaware 20-3237489\n\n(State or other jurisdiction of\nincorporation or organization) (I.R.S. Employer\nIdentification No.)\n\n2261 Market Street STE 46218\n\nSan Francisco, CA, 94114\n\n(Address of principal executive offices)\n\n(408) 855-5700\n\n(Registrant’s telephone number, including area code)\n\nTitle of each classTrading symbol(s)Name of each exchange on which registered\n\nCommon stock, $0.001 par value per shareCHGGThe New York Stock Exchange\n\n•Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 (Exchange Act) during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x No ¨\n\n•Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes x No ¨\n\n•Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.\n\nLarge accelerated filer☐Accelerated filer\nx\n\nNon-accelerated filer ☐Smaller reporting company\nx\n\nEmerging growth company ☐\n\n•If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨\n\n•Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).    Yes  ☐    No  x\n\n•As of May 4, 2026, the Registrant had 111,958,838 outstanding shares of Common Stock.\n\n[Table of Contents](#i8d5d276ecf5f4f6b888cf63d9a610cc5_7)\n\nTABLE OF CONTENTS\n\n     Page\n\n[PART I - FINANCIAL INFORMATION](#i8d5d276ecf5f4f6b888cf63d9a610cc5_13)\n\n[Item 1.](#i8d5d276ecf5f4f6b888cf63d9a610cc5_16)\n \n[Financial Statements (unaudited):](#i8d5d276ecf5f4f6b888cf63d9a610cc5_16)\n  \n[4](#i8d5d276ecf5f4f6b888cf63d9a610cc5_16)\n\n[Condensed Consolidated Balance Sheets - March 31, 202](#i8d5d276ecf5f4f6b888cf63d9a610cc5_19)[6](#i8d5d276ecf5f4f6b888cf63d9a610cc5_19)[and December 31, 20](#i8d5d276ecf5f4f6b888cf63d9a610cc5_19)[25](#i8d5d276ecf5f4f6b888cf63d9a610cc5_19)\n\n[4](#i8d5d276ecf5f4f6b888cf63d9a610cc5_19)\n\n[Condensed Consolidated Statements of Operations - for the Three Months Ended March 31, 202](#i8d5d276ecf5f4f6b888cf63d9a610cc5_22)[6](#i8d5d276ecf5f4f6b888cf63d9a610cc5_22)[and 20](#i8d5d276ecf5f4f6b888cf63d9a610cc5_22)[25](#i8d5d276ecf5f4f6b888cf63d9a610cc5_22)\n\n[5](#i8d5d276ecf5f4f6b888cf63d9a610cc5_22)\n\n[Condensed Consolidated Statements of Comprehensive Loss - for the Three Months Ended March 31, 202](#i8d5d276ecf5f4f6b888cf63d9a610cc5_25)[6](#i8d5d276ecf5f4f6b888cf63d9a610cc5_25)[and 20](#i8d5d276ecf5f4f6b888cf63d9a610cc5_25)[25](#i8d5d276ecf5f4f6b888cf63d9a610cc5_25)\n\n[6](#i8d5d276ecf5f4f6b888cf63d9a610cc5_25)\n\n[Condensed Consolidated Statements of Stockholders' Equity - for the Three Months Ended March 31, 202](#i8d5d276ecf5f4f6b888cf63d9a610cc5_28)[6](#i8d5d276ecf5f4f6b888cf63d9a610cc5_28)[and 20](#i8d5d276ecf5f4f6b888cf63d9a610cc5_28)[25](#i8d5d276ecf5f4f6b888cf63d9a610cc5_28)\n\n[7](#i8d5d276ecf5f4f6b888cf63d9a610cc5_28)\n\n[Condensed Consolidated Statements of Cash Flows - for the Three Months Ended March 31, 202](#i8d5d276ecf5f4f6b888cf63d9a610cc5_31)[6](#i8d5d276ecf5f4f6b888cf63d9a610cc5_31)[and 20](#i8d5d276ecf5f4f6b888cf63d9a610cc5_31)[25](#i8d5d276ecf5f4f6b888cf63d9a610cc5_31)\n\n[8](#i8d5d276ecf5f4f6b888cf63d9a610cc5_31)\n\n[Notes to Condensed Consolidated Financial Statements](#i8d5d276ecf5f4f6b888cf63d9a610cc5_34)\n\n[9](#i8d5d276ecf5f4f6b888cf63d9a610cc5_34)\n\n[Item 2.](#i8d5d276ecf5f4f6b888cf63d9a610cc5_85)\n \n[Management's Discussion and Analysis of Financial Condition and Results of Operations](#i8d5d276ecf5f4f6b888cf63d9a610cc5_85)\n  \n[20](#i8d5d276ecf5f4f6b888cf63d9a610cc5_85)\n\n[Item 3.](#i8d5d276ecf5f4f6b888cf63d9a610cc5_112)\n\n[Quantitative and Qualitative Disclosures About Market Risk](#i8d5d276ecf5f4f6b888cf63d9a610cc5_112)\n\n[28](#i8d5d276ecf5f4f6b888cf63d9a610cc5_112)\n\n[Item 4.](#i8d5d276ecf5f4f6b888cf63d9a610cc5_115)\n\n[Controls and Procedures](#i8d5d276ecf5f4f6b888cf63d9a610cc5_115)\n\n[28](#i8d5d276ecf5f4f6b888cf63d9a610cc5_115)\n\n  \n[PART II - OTHER INFORMATION](#i8d5d276ecf5f4f6b888cf63d9a610cc5_118)\n  \n\n[Item 1.](#i8d5d276ecf5f4f6b888cf63d9a610cc5_121)\n \n[Legal Proceedings](#i8d5d276ecf5f4f6b888cf63d9a610cc5_121)\n  \n[29](#i8d5d276ecf5f4f6b888cf63d9a610cc5_121)\n\n[Item 1A.](#i8d5d276ecf5f4f6b888cf63d9a610cc5_124)\n \n[Risk Factors](#i8d5d276ecf5f4f6b888cf63d9a610cc5_124)\n  \n[29](#i8d5d276ecf5f4f6b888cf63d9a610cc5_124)\n\n[Item 2.](#i8d5d276ecf5f4f6b888cf63d9a610cc5_127)\n\n[Unregistered Sales of Equity Securities and Use of Proceeds](#i8d5d276ecf5f4f6b888cf63d9a610cc5_127)\n\n[29](#i8d5d276ecf5f4f6b888cf63d9a610cc5_127)\n\n[Item 5.](#i8d5d276ecf5f4f6b888cf63d9a610cc5_130)\n\n[Other Information](#i8d5d276ecf5f4f6b888cf63d9a610cc5_130)\n\n[29](#i8d5d276ecf5f4f6b888cf63d9a610cc5_130)\n\n[Item 6.](#i8d5d276ecf5f4f6b888cf63d9a610cc5_136)\n\n[Exhibits](#i8d5d276ecf5f4f6b888cf63d9a610cc5_136)\n\n[30](#i8d5d276ecf5f4f6b888cf63d9a610cc5_136)\n\n[Signatures](#i8d5d276ecf5f4f6b888cf63d9a610cc5_139)\n  \n[31](#i8d5d276ecf5f4f6b888cf63d9a610cc5_139)\n\nUnless the context requires otherwise, the words “we,” “us,” “our,” “Company” and “Chegg” refer to Chegg, Inc. and its subsidiaries taken as a whole.\n\nChegg, Chegg.com, Chegg Study, Chegg Study Pack, Chegg Writing, Chegg Math, and the Chegg “C” logo are some of our trademarks used in this Quarterly Report on Form 10-Q. Solely for convenience, our trademarks, trade names and service marks referred to in this Quarterly Report on Form 10-Q appear without the ®, ™ and SM symbols, but those references are not intended to indicate, in any way, that we will not assert, to the fullest extent under applicable law, our rights to these trademarks and trade names. Other trademarks appearing in this Quarterly Report on Form 10-Q are the property of their respective holders.\n\n2\n\n[Table of Contents](#i8d5d276ecf5f4f6b888cf63d9a610cc5_7)\n\nNOTE ABOUT FORWARD-LOOKING STATEMENTS\n\nThis Quarterly Report on Form 10-Q contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this Quarterly Report on Form 10-Q other than statements of historical fact, including statements regarding our future results of operations and financial position, our business strategy and plans, and our objectives for future operations are forward-looking statements. The words “believe,” “may,” “will,” “would,” “could,” “estimate,” “continue,” “anticipate,” “intend,” “project,” “endeavor,” “expect,” “plan to,” “if,” “future,” “likely,” “potentially,” and similar expressions are intended to identify forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about future events and trends that we believe may affect our financial condition, results of operations, business strategy, short-term and long-term business operations and objectives, and financial needs. These forward-looking statements are subject to a number of risks, uncertainties, and assumptions, including those described in Part I, Item 1A, “Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025, as supplemented by the risks described under \"Risk Factors\" in Part II, Item 1A of this Quarterly Report on Form 10-Q. Moreover, we operate in a very competitive and rapidly changing environment and new risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. In light of these risks, uncertainties, and assumptions, the future events and trends discussed in this Quarterly Report on Form 10-Q may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. You should read this Quarterly Report on Form 10-Q completely and with the understanding that our actual future results may be materially different from what we expect.\n\nOur forward-looking statements speak only as of the date of this Quarterly Report on Form 10-Q, and we undertake no obligation to revise or publicly release the results of any revision to these forward-looking statements, except as required by law. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements.\n\n3\n\n[Table of Contents](#i8d5d276ecf5f4f6b888cf63d9a610cc5_7)\n\nPART I - FINANCIAL INFORMATION"}