# CHEGG, INC (CHGG) · Edgar & Edgarette company card

> Chegg (CHGG) saw revenue fall 39.0% in FY2025 to $377 million, operating margin -31.0% against a 7.4% median for educational services, equity 43.0% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1364954 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/CHGG) · [JSON](https://www.pops4.com/boards/company/CHGG.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $377M |
| Revenue growth, 1 year | -39.0% |
| Revenue growth per year | -16.5% |
| Operating margin | -31.0% (prior year -119.4%) |
| Net margin | -27.4% |
| Operating cash flow | $15M |
| Capital spending | $28M |
| Free cash flow | −$13M |
| Cash | $31M |
| Long-term debt | — |
| Total assets | $278M |
| Total equity | $120M |
| Equity ÷ assets | 43.0% |
| Return on equity | -86.5% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: -14.13 (distress zone)
- Piotroski F: 6 of 9 (solid)
- Health Harbor boat: Rotting at the dock · four or more warning signs · filed auditor change in the last 12 months; slow and jumpy: growing slower than its size class, with revenue that swings more; operating loss: a margin of -31.0% in FY2025; free cash flow was negative: capital spending outran operating cash (-$12.6M in FY2025); revenue is hard to predict: its 80% range is ±27%
- Cash Compass: Fading · slow and jumpy, lagging its peers

## Edgarette's reading

Exposure: revenue $376.9M (FY2025). Experience: revenue down 39.0% on the year, down 16.5% a year over 4 years; operating margin -31.0%, up from -119.4%. Soundness: equity 43.0% of assets, return on equity -86.5%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $196.4M and $341.9M next year (method v4.1: its own 4-year record of growth weighed at 50% against $100M–1B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $170.8M to $395.5M. A statistical range, not company guidance. Against peers (23 filers, $50M+ revenue, services-educational services): operating margin -31.0% against a 7.4% median; growth -39.0% against 8.6%.

Range logged 2026-11-01, receipt a67d2aceccae094d, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 3.01 Exchange listing notice or transfer: 2, latest 2026-07-24 ([filing](https://www.sec.gov/Archives/edgar/data/1364954/000136495426000082/0001364954-26-000082-index.htm))
- Item 4.01 Auditor change: 1, latest 2026-04-15 ([filing](https://www.sec.gov/Archives/edgar/data/1364954/000136495426000030/0001364954-26-000030-index.htm))
- Item 5.02 Director or officer change: 3, latest 2026-11-03 ([filing](https://www.sec.gov/Archives/edgar/data/1364954/000143774926034518/0001437749-26-034518-index.htm))

## Recent filings

- 10-Q · filed 2026-11-03 · [filing](https://www.sec.gov/Archives/edgar/data/1364954/000143774926034534/0001437749-26-034534-index.htm)
- 8-K · filed 2026-11-03 · 2.02 Results of Operations and Financial Condition; 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1364954/000143774926034518/0001437749-26-034518-index.htm)
- 8-K · filed 2026-09-01 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1364954/000136495426000093/0001364954-26-000093-index.htm)
- 10-Q · filed 2026-08-06 · [filing](https://www.sec.gov/Archives/edgar/data/1364954/000136495426000088/0001364954-26-000088-index.htm)
- 8-K · filed 2026-08-06 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1364954/000136495426000085/0001364954-26-000085-index.htm)
- 8-K · filed 2026-07-24 · 3.01 Notice of Delisting or Failure to Satisfy a Listing Rule; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1364954/000136495426000082/0001364954-26-000082-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001364954.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1364954

## Cite

POPS4, Edgar & Edgarette: CHEGG, INC (CHGG) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/CHGG. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.