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Chegg Inc expected to post a loss of 9 cents a share - Earnings Preview

Chegg Inc is expected to report a 44.0% fall in quarterly revenue to $43.515 million, down from $77.74 million a year earlier, when it reports results on November 3 for the period ending September 30, 2026. The analyst estimate calls for a loss of 9 cents per share.

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What happened

Chegg Inc is expected to report a 44.0% fall in quarterly revenue to $43.515 million, down from $77.74 million a year earlier, when it reports results on November 3 for the period ending September 30, 2026. The analyst estimate calls for a loss of 9 cents per share.

Confirmed

Global impact / market context

A 44% revenue drop means far less cash coming in from customers. If costs do not shrink at a similar pace, the company's cash available, which means money on hand to pay bills, could tighten. Investors holding the stock face weaker profit per sale and a single hold rating.

Analyst inference

Chegg's own August 6 guidance pointed to revenue of $43 million to $44 million, gross profit margin, which means profit per sale, of 48% to 49%, and EBITDA of $300 thousand. The analyst estimate sits inside that range, so the report will show whether the company hit its own targets.

Analyst inference

What to watch

  1. Chegg guided on August 6, 2026, for revenue between $43.00 million and $44.00 million for the period ended September 30, and for gross profit margin, which means profit per sale, between 48% and 49%. Confirmed
  2. Watch whether the company's reported revenue lands inside its own $43 million to $44 million guidance and whether gross profit margin stays within the guided 48% to 49% range. Proposed
  3. Watch whether Chegg's EBITDA, which means earnings before interest, taxes, depreciation and amortization, meets its guided $300 thousand, since missing it would signal higher costs or weaker cash generation. Analyst inference

Evidence

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