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CHGG is pivoting toward employability, launching an AI-driven platform for skills, internships and jobs as it cuts costs and targets a return to growth.

Chegg NYSE: CHGG said its second-quarter 2026 results exceeded its expectations for revenue, adjusted EBITDA and cash generation as the education technology company prepares to launch a broader employability-focused platform for students.

Chegg, Inc. (CHGG) Q2 2026 Earnings Call Transcript

Chegg (CHGG) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to earnings of $0.1 per share a year ago.

SAN FRANCISCO--(BUSINESS WIRE)--Chegg, Inc. (NYSE:CHGG), a global learning and workforce skilling company, today reported financial results for the quarter ended June 30, 2026. “In Q2 we outperformed our expectations on revenue, adjusted EBITDA, and cash, reflecting our ability to execute against our priorities while investing for future growth,” said Dan Rosensweig, CEO and Executive Chairman of Chegg. “Our long-term goal remains the same: return Chegg to growth with high margins and strong fr.

CHGG faces a tough Q2 as AI competition and weaker student traffic pressure revenues, while cost controls aim to cushion margin declines.