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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
- 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
- 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
- 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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